MMA Fighting Legend Trains for Bout Against Tito Ortiz
LAS VEGAS, NV--(Marketwire - 01/29/10) - Truesport Alliances & Entertainment, Ltd. (OTC.BB:SEWE - News) announced that mixed martial arts (MMA) legend Chuck Liddell is training for UFC's Ultimate Fighter House at Truesport Alliances & Entertainment, Ltd.'s TapouT Research & Development (R&D) Training Center, located in Las Vegas, NV. Liddell, the former UFC Light Heavy Weight Champion, is training for his upcoming fight against Tito Ortiz.
"The TapouT R&D Training Center provides professional fighters the opportunity to train with state-of-the-art MMA equipment," said Eddie Wenrick, CEO of Truesport Alliances & Entertainment, Ltd.
Truesport Alliances & Entertainment, Ltd.'s TapouT R&D Training Center is the world's first fully functional MMA facility dedicated to testing MMA specific equipment and training methods. Built by a brand that has become synonymous with the attitude and prominence of mixed martial arts, TapouT's distinctive, authentic logo graces everything from clothing to equipment.
Designed for everyone at all fitness levels, the TapouT R&D Training Center is predominately a class based training facility with a full schedule that features a variety of MMA themed classes. In addition to a broad spectrum of martial arts instruction, the majority of the cardio/fitness classes are non-contact.
For more information about Truesport Alliances & Entertainment, Ltd.'s TapouT R&D Training Center, visit www.tapoutlasvegas.com.
About Truesport Alliances & Entertainment, Ltd.
Truesport Alliances & Entertainment, Ltd. is the premiere logistic marketer of branded concepts and equipment, partnering with the mixed martial arts (MMA) industry leaders. Embedded with the explosive growth MMA sport, the company's current clientele base includes the industry's top brands such as UFC, TapouT, Strikeforce and Gold's Gym. Visit the Truesport Alliances & Entertainment, Ltd. website at www.truesportltd.com.
Sunday, January 31, 2010
Thursday, January 28, 2010
AVU Resources, Inc. Announces State of the Company With Projected 2009 Revenue of $1,650,000
TULSA, OK--(Marketwire - 01/28/10) - CAVU Resources, Inc. ("CAVU"), which trades as (Pinksheets:CAVR - News), announces the state of the company with projections of combined operations for 2009 of over $1,650,000 in revenues.
The past year's operations grew from $150,000 in 2008 revenue to $1,650,000 in 2009 from growth through acquisitions. CAVU's operating subsidiary Envirotek Fuel Systems, Inc. ("Envirotek") produced and transported 161,500,000 mcf of natural gas in 2009 creating $535,000 from gas sales and third party gas production. The recent acquisition of additional pipelines and the start of a 10 well development program should quickly add new revenues to Evirotek production numbers.
The FILO Quip Resources, LLC ("FILO") acquisition has brought new revenues to CAVU. Since FILO restarted its operations in September of 2009 over 3,200 barrels of oil were produced adding another $121,000 of royalty revenue to the combined companies. The recent rework plan and planned commercial disposal well should bring increased production and new revenues in 2010.
The parent company CAVU has focused on acquisitions that produce revenue from drilling, subcontracting and leasing of equipment producing $990,000 in gross revenues. Start up cost, acquisition and development cost have been necessary to build CAVU reducing the bottom line but providing a base for growth in 2010.
CAVU is focusing on projects and acquisitions that bring future value, increased revenues and the opportunity for future profits. Its new operating company CAVU Energy Services, LLC has targeted drilling in both conventional and directional drilling opportunities in the United States and abroad. CAVU's future growth will target projects that can be funded with conventional borrowing and revenue sharing to reducing the need to issue new equity. By combining conventional funding, increasing production revenue and third party contracting, CAVU can continue to grow in 2010. The company plans to issue its 2009 financials in February and final numbers could vary from the projected numbers released.
"Over $2,000,000 in debt was reduced in 2009 and the company's losses are estimated to be less than $700,000 for the first year's operation. CAVU has definitive plans to further reduce cost and focus on acquiring revenue that reduces acquisition cost and provides profitability over the next two years. Since CAVU restructured in April of this year the company has built assets, reduced debt and acquired revenue and acquired projects with potential future growth," said William Robinson, President of CAVU resources, Inc.
About CAVU Resources, Inc.
During World War II, Navy fighter pilots would look up at the sky and if it was a 'CAVU' day then it meant ceiling and visibility unlimited. The founders of CAVU Resources chose the name CAVU because they believe that the Company will be the embodiment of its name. CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado and Texas. The Company also owns three pipelines in its area of operations, which will be used for gathering its gas and oil and the gas and oil production of other producers. The Company has acquired leases and is currently exploring additional opportunities in oil, gas and helium leases. The company has acquired significant oil and gas equipment including rigs, trucks and completion equipment. CAVU's 100% owned subsidiaries, CAVU Energy Services, LLC provides contract drilling, fracture stimulation and directional drilling services to oil, natural gas exploration and production companies. EnviroTek Fuel Systems, Inc., providing natural gas delivery and marketing thru its own pipelines and FILO Quip Resources, LLC, managing the company's properties and targeted leases in Oklahoma, Texas, Colorado and Montana. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, taking advantage of the changing environment and in the world's need for new, green and innovative resources. More information is available at the company's website at http://www.cavu-resources.com.
Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as ``reserves'' unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
The past year's operations grew from $150,000 in 2008 revenue to $1,650,000 in 2009 from growth through acquisitions. CAVU's operating subsidiary Envirotek Fuel Systems, Inc. ("Envirotek") produced and transported 161,500,000 mcf of natural gas in 2009 creating $535,000 from gas sales and third party gas production. The recent acquisition of additional pipelines and the start of a 10 well development program should quickly add new revenues to Evirotek production numbers.
The FILO Quip Resources, LLC ("FILO") acquisition has brought new revenues to CAVU. Since FILO restarted its operations in September of 2009 over 3,200 barrels of oil were produced adding another $121,000 of royalty revenue to the combined companies. The recent rework plan and planned commercial disposal well should bring increased production and new revenues in 2010.
The parent company CAVU has focused on acquisitions that produce revenue from drilling, subcontracting and leasing of equipment producing $990,000 in gross revenues. Start up cost, acquisition and development cost have been necessary to build CAVU reducing the bottom line but providing a base for growth in 2010.
CAVU is focusing on projects and acquisitions that bring future value, increased revenues and the opportunity for future profits. Its new operating company CAVU Energy Services, LLC has targeted drilling in both conventional and directional drilling opportunities in the United States and abroad. CAVU's future growth will target projects that can be funded with conventional borrowing and revenue sharing to reducing the need to issue new equity. By combining conventional funding, increasing production revenue and third party contracting, CAVU can continue to grow in 2010. The company plans to issue its 2009 financials in February and final numbers could vary from the projected numbers released.
"Over $2,000,000 in debt was reduced in 2009 and the company's losses are estimated to be less than $700,000 for the first year's operation. CAVU has definitive plans to further reduce cost and focus on acquiring revenue that reduces acquisition cost and provides profitability over the next two years. Since CAVU restructured in April of this year the company has built assets, reduced debt and acquired revenue and acquired projects with potential future growth," said William Robinson, President of CAVU resources, Inc.
About CAVU Resources, Inc.
During World War II, Navy fighter pilots would look up at the sky and if it was a 'CAVU' day then it meant ceiling and visibility unlimited. The founders of CAVU Resources chose the name CAVU because they believe that the Company will be the embodiment of its name. CAVU was formed with the goal of becoming a recognized regional player in the independent oil and natural gas industry by growing the company's oil and natural gas reserves. CAVU is a natural resource company engaged in the acquisition, exploration and development of oil and natural gas properties. The Company operates in the upstream segment of the oil and gas industry with planned activities including the drilling, completion and operation of oil and gas wells in Oklahoma, Kansas, Colorado and Texas. The Company also owns three pipelines in its area of operations, which will be used for gathering its gas and oil and the gas and oil production of other producers. The Company has acquired leases and is currently exploring additional opportunities in oil, gas and helium leases. The company has acquired significant oil and gas equipment including rigs, trucks and completion equipment. CAVU's 100% owned subsidiaries, CAVU Energy Services, LLC provides contract drilling, fracture stimulation and directional drilling services to oil, natural gas exploration and production companies. EnviroTek Fuel Systems, Inc., providing natural gas delivery and marketing thru its own pipelines and FILO Quip Resources, LLC, managing the company's properties and targeted leases in Oklahoma, Texas, Colorado and Montana. CAVU plans to expand operations not only in the traditional Oil and Gas business, but also to invest in Geo-Thermal, Wind, taking advantage of the changing environment and in the world's need for new, green and innovative resources. More information is available at the company's website at http://www.cavu-resources.com.
Cautionary note: This report contains forward-looking statements, particularly those regarding cash flow, capital expenditures and investment plans. Resource estimates, unless specifically noted, are considered speculative. By their nature, forward-looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to U.S. investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as ``reserves'' unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Truesport Alliances & Entertainment, Ltd. to Produce Logistics at Strikeforce: Miami
Company to Support Televised Professional MMA Fight
LAS VEGAS, NV--(Marketwire - 01/28/10) - Truesport Alliances & Entertainment, Ltd. (OTC.BB:SEWE - News) to coordinate logistics at Strikeforce: Miami, a mixed martial arts (MMA) event at BankAtlantic Center in Sunrise, Florida on Saturday, January 30.
"Truesport Alliances & Entertainment, Ltd. is proud to be coordinating and aiding in the production and operations of Strikeforce: Miami. The Truesport Alliances & Entertainment, Ltd. team offers top experience in event planning and equipment manufacturing, so the quality in the products and services we bring to Strikeforce is second to none," said Eddie Wenrick, CEO of Truesport Alliances & Entertainment, Ltd.
Truesport Alliances & Entertainment, Ltd. has cultivated an unparalleled client base consisting of the top MMA brands. With the MMA culture quickly becoming a standard in sports excellence, Truesport Alliances & Entertainment, Ltd. provides graphic and printing services for the cage canvas, as well as coordinates all equipment and manufacturing for Strikeforce.
By building an unprecedented portfolio of products and services to the MMA community, Truesport Alliances & Entertainment, Ltd. looks to dominate within the fastest growing mainstream sport in the United States.
About Truesport Alliances & Entertainment, Ltd.
Truesport Alliances & Entertainment, Ltd. is the premiere logistic marketer's of branded concepts and equipment, partnering with the mixed martial arts (MMA) industry leaders. Embedded with the explosive growth MMA sport, the company's current clientele base includes the industry's top brands such as TapouT, Strikeforce and Gold's Gym. Visit the Truesport Alliances & Entertainment, Ltd. website at www.truesportltd.com.
LAS VEGAS, NV--(Marketwire - 01/28/10) - Truesport Alliances & Entertainment, Ltd. (OTC.BB:SEWE - News) to coordinate logistics at Strikeforce: Miami, a mixed martial arts (MMA) event at BankAtlantic Center in Sunrise, Florida on Saturday, January 30.
"Truesport Alliances & Entertainment, Ltd. is proud to be coordinating and aiding in the production and operations of Strikeforce: Miami. The Truesport Alliances & Entertainment, Ltd. team offers top experience in event planning and equipment manufacturing, so the quality in the products and services we bring to Strikeforce is second to none," said Eddie Wenrick, CEO of Truesport Alliances & Entertainment, Ltd.
Truesport Alliances & Entertainment, Ltd. has cultivated an unparalleled client base consisting of the top MMA brands. With the MMA culture quickly becoming a standard in sports excellence, Truesport Alliances & Entertainment, Ltd. provides graphic and printing services for the cage canvas, as well as coordinates all equipment and manufacturing for Strikeforce.
By building an unprecedented portfolio of products and services to the MMA community, Truesport Alliances & Entertainment, Ltd. looks to dominate within the fastest growing mainstream sport in the United States.
About Truesport Alliances & Entertainment, Ltd.
Truesport Alliances & Entertainment, Ltd. is the premiere logistic marketer's of branded concepts and equipment, partnering with the mixed martial arts (MMA) industry leaders. Embedded with the explosive growth MMA sport, the company's current clientele base includes the industry's top brands such as TapouT, Strikeforce and Gold's Gym. Visit the Truesport Alliances & Entertainment, Ltd. website at www.truesportltd.com.
Plateau Mineral Development, Inc. Shows Profitable Oil Production of the Converter Process
WINSTON-SALEM, N.C., Jan. 28, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today discussing the positive profit effects of the Converter Process to produce high quality oil that brings a premium price. Up to Forty percent (46%) of the output of the Converter Process can be oil.
The synthetic oil produced will be purchased based on its heat value. The heat value is defined is MMBTUs (Million British Thermal Units) per barrel. The higher the MMBTUs, the higher the price a barrel fetches. At current prices (42.2 gallons per barrel), one barrel fetches $73 per barrel for light sweet Texas crude (NYMEX). One ton (2000 pounds) times .46 is 920 lbs. At approximately 7 lbs per gallon of oil, the ton of feed stock (of tires) will give us three barrels of oil or $219. This process takes just under an hour. The initial mobile converter will convert approximately 9 tons in an eight hour shift or $41,400 of oil per week if we run three shifts per day. Therefore the profit contribution of oil, if the converter is set to produce oil will be $166,000 per month.
Robert Matthews President of Plateau Mineral Development, Inc., states, “That is, there are very few extraneous nitrogen (N2) or Sulfur (S) Molecules attached in place of a hydrogen molecule. Those N2 and S molecules are the sources of nitrous oxides (smog) and nitric and sulfuric acids which, when mixed with water vapor in the atmosphere create acid rain. The oil and the gas produced by the converter process are synthetic. That is, the molecules are C4H4 (gas) or multiples of C6H6for oil. There are no sulfurs or nitrogen atoms attached to the carbon atoms to serve as sources of NO2s, NO3s or HS compounds and thus are pollutant free.”
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
The synthetic oil produced will be purchased based on its heat value. The heat value is defined is MMBTUs (Million British Thermal Units) per barrel. The higher the MMBTUs, the higher the price a barrel fetches. At current prices (42.2 gallons per barrel), one barrel fetches $73 per barrel for light sweet Texas crude (NYMEX). One ton (2000 pounds) times .46 is 920 lbs. At approximately 7 lbs per gallon of oil, the ton of feed stock (of tires) will give us three barrels of oil or $219. This process takes just under an hour. The initial mobile converter will convert approximately 9 tons in an eight hour shift or $41,400 of oil per week if we run three shifts per day. Therefore the profit contribution of oil, if the converter is set to produce oil will be $166,000 per month.
Robert Matthews President of Plateau Mineral Development, Inc., states, “That is, there are very few extraneous nitrogen (N2) or Sulfur (S) Molecules attached in place of a hydrogen molecule. Those N2 and S molecules are the sources of nitrous oxides (smog) and nitric and sulfuric acids which, when mixed with water vapor in the atmosphere create acid rain. The oil and the gas produced by the converter process are synthetic. That is, the molecules are C4H4 (gas) or multiples of C6H6for oil. There are no sulfurs or nitrogen atoms attached to the carbon atoms to serve as sources of NO2s, NO3s or HS compounds and thus are pollutant free.”
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Monday, January 25, 2010
Plateau Mineral Development, Inc. Projects Significant Carbon Black Revenue
WINSTON-SALEM, N.C., Jan. 25, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today discussing carbon black as a revenue source from the converter process. The converter can accept items such as truck tires, dead wood, plastic, Styrofoam, etc. to create solvent, natural gas and carbon black.
Three-hundred million tires are discarded annually. The average tire weighs 22.5 pounds. In small quantities, the truck tire feed stock cost is about $300/ton "chipped" and each ton produces 1.3 bbl of solvent. The same ton also produces 900 lb of carbon black. Carbon black can be sold for about $2 to $3 per pound; therefore one ton of "chipped" tires will produce approximately $2,250 worth of carbon black.
Robert Matthews of Plateau Mineral Development, Inc., states, "The carbon black itself adds significantly to the revenue stream and is used in batteries, extruder plastics, paint pigment, rubber manufacturing and filtration mechanisms. If all of the annually discarded 300,000,000 tires were converted to carbon black, then the carbon black itself would produce, at current prices, sixty billion ($60,000,000,000) dollars."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Three-hundred million tires are discarded annually. The average tire weighs 22.5 pounds. In small quantities, the truck tire feed stock cost is about $300/ton "chipped" and each ton produces 1.3 bbl of solvent. The same ton also produces 900 lb of carbon black. Carbon black can be sold for about $2 to $3 per pound; therefore one ton of "chipped" tires will produce approximately $2,250 worth of carbon black.
Robert Matthews of Plateau Mineral Development, Inc., states, "The carbon black itself adds significantly to the revenue stream and is used in batteries, extruder plastics, paint pigment, rubber manufacturing and filtration mechanisms. If all of the annually discarded 300,000,000 tires were converted to carbon black, then the carbon black itself would produce, at current prices, sixty billion ($60,000,000,000) dollars."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Truesport Alliances, Ltd. Names Eddie Wenrick as Interim CEO
LAS VEGAS, NV--(Marketwire - 01/25/10) - Truesport Alliances, Ltd. (OTC.BB:SEWE - News) has named entertainment business executive to lead Truesport Alliances, Ltd., a mixed martial arts (MMA) company, as it continues its growth of the Company's exclusive international TapouT Training Center licenses and manufacturing of MMA equipment.
Truesport Alliances, Ltd.'s board of directors announced the appointment of Mr. Wenrick to serve as interim CEO of Truesport Alliances, Ltd. Mr. Wenrick will be engaged in early financing actions, support of partnering contracts and recruiting of additional management team members. Mr. Wenrick will serve as interim CEO for the next three months. Truesport Alliances, Ltd. is in negotiations to have a formal long-term contract in place with Mr. Wenrick prior to the expiration of the three month term.
Prior to joining Truesport Alliances, Ltd., Mr. Wenrick, a 30-year veteran of the music and entertainment industry, served as CEO and President of Hitlab.com and was responsible for the advancement of online talent and development of new entertainment based technology. Mr. Wenrick has also been instrumental in the coordination and operation of entertainment companies, theaters, concerts and talent management worldwide.
About Truesport Alliances, Ltd.
Truesport Alliances, Ltd. is the premier logistic marketer of branded concepts and equipment, partnering with mixed martial arts (MMA) industry leaders. Embedded with the explosive growth MMA sport, the Company's current clientele base includes the industry's top brands such as UFC, TapouT, Strikeforce and Gold's Gym. Visit the Truesport Alliances, Ltd. website at www.truesportltd.com.
Truesport Alliances, Ltd.'s board of directors announced the appointment of Mr. Wenrick to serve as interim CEO of Truesport Alliances, Ltd. Mr. Wenrick will be engaged in early financing actions, support of partnering contracts and recruiting of additional management team members. Mr. Wenrick will serve as interim CEO for the next three months. Truesport Alliances, Ltd. is in negotiations to have a formal long-term contract in place with Mr. Wenrick prior to the expiration of the three month term.
Prior to joining Truesport Alliances, Ltd., Mr. Wenrick, a 30-year veteran of the music and entertainment industry, served as CEO and President of Hitlab.com and was responsible for the advancement of online talent and development of new entertainment based technology. Mr. Wenrick has also been instrumental in the coordination and operation of entertainment companies, theaters, concerts and talent management worldwide.
About Truesport Alliances, Ltd.
Truesport Alliances, Ltd. is the premier logistic marketer of branded concepts and equipment, partnering with mixed martial arts (MMA) industry leaders. Embedded with the explosive growth MMA sport, the Company's current clientele base includes the industry's top brands such as UFC, TapouT, Strikeforce and Gold's Gym. Visit the Truesport Alliances, Ltd. website at www.truesportltd.com.
Sunday, January 24, 2010
Truesport Alliances, Ltd. Executives to Attend Renowned Fitness Expo
MMA Company to Be Present at Tradeshow for Training & Health
LAS VEGAS, NV--(Marketwire - 01/22/10) - Truesport Alliances, Ltd. (OTC.BB:SEWE - News), a mixed martial arts (MMA) company, announced today their presence at the leading fitness expo, the most elite that the industry will present this year. Truesport Alliances, Ltd. will be attending the trade show to educate MMA companies and leaders about the innovative manufacturing of MMA equipment and the private labeling opportunities also available.
Company representatives are looking forward to introducing the opportunity to re-configure existing fitness facilities with the newest line of MMA equipment.
"The Truesport Alliances, Ltd. brand offers incomparable manufacturing of MMA equipment and integration opportunities. We are extremely proud to be the premier MMA company in this industry," said Scott Ence, President of Truesport Alliances, Ltd.
About Truesport Alliances, Ltd.
Truesport Alliances, Ltd. is the premier logistic marketer of branded concepts and equipment, partnering with mixed martial arts (MMA) industry leaders. Embedded with the explosive growth MMA sport, the company has a strong clientele base that includes the industry's top brands. Visit the Truesport Alliances, Ltd. website at www.truesportltd.com.
LAS VEGAS, NV--(Marketwire - 01/22/10) - Truesport Alliances, Ltd. (OTC.BB:SEWE - News), a mixed martial arts (MMA) company, announced today their presence at the leading fitness expo, the most elite that the industry will present this year. Truesport Alliances, Ltd. will be attending the trade show to educate MMA companies and leaders about the innovative manufacturing of MMA equipment and the private labeling opportunities also available.
Company representatives are looking forward to introducing the opportunity to re-configure existing fitness facilities with the newest line of MMA equipment.
"The Truesport Alliances, Ltd. brand offers incomparable manufacturing of MMA equipment and integration opportunities. We are extremely proud to be the premier MMA company in this industry," said Scott Ence, President of Truesport Alliances, Ltd.
About Truesport Alliances, Ltd.
Truesport Alliances, Ltd. is the premier logistic marketer of branded concepts and equipment, partnering with mixed martial arts (MMA) industry leaders. Embedded with the explosive growth MMA sport, the company has a strong clientele base that includes the industry's top brands. Visit the Truesport Alliances, Ltd. website at www.truesportltd.com.
Plateau Mineral Development, Inc. Proves Profit Enhancement of Oil Wells
WINSTON-SALEM, N.C., Jan. 22, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today discussing the positive profit effects of the Dilution Solvent on existing oil wells. Dilution Solvent (DS), the catalyzing end product of Plateau's tire converter system, will be used to treat existing oil wells to liberate oil that is too viscous (thick) to economically be pumped from the wells. One barrel (42.2 gallons) of DS at a cost of $25.00 per gallon will sell for approximately $1,000. The ratio for dilution of the Dilution Solvent is at about 50:1; or about one gallon (or a little less dependent on the viscosity of the "in ground oil") of solvent used for one barrel of oil pumped.
Subtracting other operating costs, not including royalty, estimated at $15.00/BBL would translate to a potential net profit of $35.00. To reiterate: A $75 selling price minus $25 for one gallon of DS minus $15 of pumping cost per BBL of oil yields a profit of $35. To an oil field operator this translates to a profit formula that for 50 barrels (BBL) of oil times a $75 price per BBL yields $3,750 in gross revenues for the pumping operator or $1,750 of net revenues. 50 Million BBL of "heavy oil" pumped using DS under this scenario can translate to $1.75 Billion dollars of "net" revenue.
Robert Matthews of Plateau Mineral Development, Inc., states, "Once the DS is used to "thin" the oil, the oil can be pumped and sold, generating new incremental revenues for the pumping company. The leading product is the dilution solvent, which can treat existing wells or be sold separately for profit; therefore, the solvent provides two sources of income for us. Use of the solvent in the oil field will facilitate the economic production of oil that was previously uneconomic to produce. It's more profitable for operators to use oil from our existing wells than to risk drilling new wells. In short, the wells have been drilled and are simply waiting for the solvent to liberate the oil so it can be pumped into tanks and sold at market."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Subtracting other operating costs, not including royalty, estimated at $15.00/BBL would translate to a potential net profit of $35.00. To reiterate: A $75 selling price minus $25 for one gallon of DS minus $15 of pumping cost per BBL of oil yields a profit of $35. To an oil field operator this translates to a profit formula that for 50 barrels (BBL) of oil times a $75 price per BBL yields $3,750 in gross revenues for the pumping operator or $1,750 of net revenues. 50 Million BBL of "heavy oil" pumped using DS under this scenario can translate to $1.75 Billion dollars of "net" revenue.
Robert Matthews of Plateau Mineral Development, Inc., states, "Once the DS is used to "thin" the oil, the oil can be pumped and sold, generating new incremental revenues for the pumping company. The leading product is the dilution solvent, which can treat existing wells or be sold separately for profit; therefore, the solvent provides two sources of income for us. Use of the solvent in the oil field will facilitate the economic production of oil that was previously uneconomic to produce. It's more profitable for operators to use oil from our existing wells than to risk drilling new wells. In short, the wells have been drilled and are simply waiting for the solvent to liberate the oil so it can be pumped into tanks and sold at market."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Thursday, January 21, 2010
Mark "The Hammer" Coleman Trains for UFC(R): 109 at Truesport Alliances, Ltd.'s TapouT R&D Training Center
Team Tompkins Training MMA Fighting Legend for Bout Against Randy Couture
LAS VEGAS, NV--(Marketwire - 01/21/10) - Truesport Alliances, Ltd. (OTC.BB:SEWE - News) announced that MMA legend, Mark Coleman is training for UFC: 109 at Truesport Alliances, Ltd.'s TapouT Research & Development (R&D) Training Center, located in Las Vegas, NV. Coleman, the first UFC Heavy Weight Champion, is training with famed MMA coach, Shawn Tompkins.
"I started training Mark Coleman for the Stephan Bonner fight for UFC: 100. Mark and I have a long history together and he has been training hard for this fight," said Shawn Tompkins of Team Tompkins, also the head coach at the TapouT R&D Training Center.
"The addition of Team Tompkins to the TapouT R&D staff has been an asset to our continual effort to bring MMA training and equipment into the 21st century," remarked Scott Ence, President of Truesport Alliances, Ltd.
The TapouT R&D Training Center is the world's first fully functional MMA facility dedicated to testing MMA specific equipment and training methods. Built by a brand that has become synonymous with the attitude and prominence of mixed martial arts, TapouT's distinctive, authentic logo graces everything from clothing to equipment.
Designed for everyone at all fitness levels, the TapouT R&D Training Center is predominately a class-based training facility with a full schedule that features a variety of MMA-themed classes. In addition to a broad spectrum of martial arts instruction, the majority of the cardio/fitness classes are non-contact.
For more information about TapouT R&D Training Center, visit www.tapoutlasvegas.com.
About Team Tompkins
Team Tompkins is coached by Shawn Tompkins, famed MMA trainer who has taught such notable fighters as Sam Stout, Chris Horodecki, Mark Hominick and recently Goran Reljic, Vitor Belfort, Wanderlei Silva and Mark Coleman. Tompkins was recently nominated for Fighter's Only "Coach of the Year."
In October 2009, Tompkins brought Team Tompkins to TapouT R&D Training Center in Las Vegas, NV. Visit Team Tompkins at www.teamtompkins.com.
About Truesport Alliances, Ltd.
Truesport Alliances, Ltd. is the premiere logistic marketer of branded concepts and equipment, partnering with the mixed martial arts (MMA) industry leaders. Embedded with the explosive growth MMA sport, the company's current clientele base includes the industry's top brands such as UFC, TapouT, Strikeforce and Gold's Gym. Visit the Truesport Alliances, Ltd. website at www.truesportltd.com.
LAS VEGAS, NV--(Marketwire - 01/21/10) - Truesport Alliances, Ltd. (OTC.BB:SEWE - News) announced that MMA legend, Mark Coleman is training for UFC: 109 at Truesport Alliances, Ltd.'s TapouT Research & Development (R&D) Training Center, located in Las Vegas, NV. Coleman, the first UFC Heavy Weight Champion, is training with famed MMA coach, Shawn Tompkins.
"I started training Mark Coleman for the Stephan Bonner fight for UFC: 100. Mark and I have a long history together and he has been training hard for this fight," said Shawn Tompkins of Team Tompkins, also the head coach at the TapouT R&D Training Center.
"The addition of Team Tompkins to the TapouT R&D staff has been an asset to our continual effort to bring MMA training and equipment into the 21st century," remarked Scott Ence, President of Truesport Alliances, Ltd.
The TapouT R&D Training Center is the world's first fully functional MMA facility dedicated to testing MMA specific equipment and training methods. Built by a brand that has become synonymous with the attitude and prominence of mixed martial arts, TapouT's distinctive, authentic logo graces everything from clothing to equipment.
Designed for everyone at all fitness levels, the TapouT R&D Training Center is predominately a class-based training facility with a full schedule that features a variety of MMA-themed classes. In addition to a broad spectrum of martial arts instruction, the majority of the cardio/fitness classes are non-contact.
For more information about TapouT R&D Training Center, visit www.tapoutlasvegas.com.
About Team Tompkins
Team Tompkins is coached by Shawn Tompkins, famed MMA trainer who has taught such notable fighters as Sam Stout, Chris Horodecki, Mark Hominick and recently Goran Reljic, Vitor Belfort, Wanderlei Silva and Mark Coleman. Tompkins was recently nominated for Fighter's Only "Coach of the Year."
In October 2009, Tompkins brought Team Tompkins to TapouT R&D Training Center in Las Vegas, NV. Visit Team Tompkins at www.teamtompkins.com.
About Truesport Alliances, Ltd.
Truesport Alliances, Ltd. is the premiere logistic marketer of branded concepts and equipment, partnering with the mixed martial arts (MMA) industry leaders. Embedded with the explosive growth MMA sport, the company's current clientele base includes the industry's top brands such as UFC, TapouT, Strikeforce and Gold's Gym. Visit the Truesport Alliances, Ltd. website at www.truesportltd.com.
Wednesday, January 20, 2010
SSTP Chairman Sets 2010 Agenda for Commercialization of the Company's Green Energy Tech and Its Immediate Impact on the Reversal of Global Warming
BAYTOWN, TX--(Marketwire - 01/20/10) - Sustainable Power Corp. (Pinksheets:SSTP - News) Chairman Michael Garjian is pleased to address the shareholders, potential investors, and the financial community with the Company's 2010 agenda for commercializing this world-changing green energy technology.
"The Stockholders and Board of Directors have given me a mandate and we are entering a new era of leadership. My goal is to communicate completed events to the shareholders and investment community. The following three topics are currently the main issues to be addressed:
"1) Texas A & M Report - The Texas A & M report is unambiguous in its confirmation of the validity of the SSTP Process. We have asked the Technical Advisory Board to finalize its presentation of the report for public release by the end of the month. Following that, we will release a report written by Thomas Hartwick, the Chairman of the Technical Advisory Board and a scientist of great repute, with his comments and personal views of the technology.
"2) Operations - We are moving forward to prepare the reactors and equipment for continuous operation in order to commence the sale of Vertroleum, Biochar Xtra, and biogas and are aiming to achieve measurable results. In conjunction, we are also seeking out locations to house new facilities where uninterrupted sources of feedstock currently exist.
"3) Reversal of Global Warming through the sale of Biochar - SSTP produces Biochar Xtra, which we believe has extremely significant effects in reversing global warming by removing carbon from the atmosphere and permanently returning it to the earth with attendant benefits to soil health and crop yields."
Sustainable Power Corp.'s Chairman of the Board, Michael Garjian, stated, "While I am humbled to receive this directive from the Board Members, I would be remiss if I didn't mention that I took the Chairman position because I earnestly believe the SSTP technology can change the World. Members of the Board and I are working tirelessly because we are confident we can implement this agenda in the near term.
"I look forward to 2010 and the many challenges we will face, but I want to ensure our shareholders that I and the remainder of our management team are committed to seeing SSTP achieve enormous success by using our technology to do the things that are most effective in assuring the health of our planet, its people, and our communities," added Mr. Garjian.
About Sustainable Power Corp.
Sustainable Power Corp. (Pinksheets:SSTP - News) is a green energy provider focused on environmentally safe biofuels (Vertroleum�), biogases, and biochar. The company has developed a renewable fuel source able to be produced from non-food organic feed stock. www.sstp.us
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
"The Stockholders and Board of Directors have given me a mandate and we are entering a new era of leadership. My goal is to communicate completed events to the shareholders and investment community. The following three topics are currently the main issues to be addressed:
"1) Texas A & M Report - The Texas A & M report is unambiguous in its confirmation of the validity of the SSTP Process. We have asked the Technical Advisory Board to finalize its presentation of the report for public release by the end of the month. Following that, we will release a report written by Thomas Hartwick, the Chairman of the Technical Advisory Board and a scientist of great repute, with his comments and personal views of the technology.
"2) Operations - We are moving forward to prepare the reactors and equipment for continuous operation in order to commence the sale of Vertroleum, Biochar Xtra, and biogas and are aiming to achieve measurable results. In conjunction, we are also seeking out locations to house new facilities where uninterrupted sources of feedstock currently exist.
"3) Reversal of Global Warming through the sale of Biochar - SSTP produces Biochar Xtra, which we believe has extremely significant effects in reversing global warming by removing carbon from the atmosphere and permanently returning it to the earth with attendant benefits to soil health and crop yields."
Sustainable Power Corp.'s Chairman of the Board, Michael Garjian, stated, "While I am humbled to receive this directive from the Board Members, I would be remiss if I didn't mention that I took the Chairman position because I earnestly believe the SSTP technology can change the World. Members of the Board and I are working tirelessly because we are confident we can implement this agenda in the near term.
"I look forward to 2010 and the many challenges we will face, but I want to ensure our shareholders that I and the remainder of our management team are committed to seeing SSTP achieve enormous success by using our technology to do the things that are most effective in assuring the health of our planet, its people, and our communities," added Mr. Garjian.
About Sustainable Power Corp.
Sustainable Power Corp. (Pinksheets:SSTP - News) is a green energy provider focused on environmentally safe biofuels (Vertroleum�), biogases, and biochar. The company has developed a renewable fuel source able to be produced from non-food organic feed stock. www.sstp.us
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.
Tuesday, January 19, 2010
Haiti Disaster Highlights Global Demand for Critical Solutions' Mobile Renewable Energy Trailers
ASHBURN, Va., Jan. 19, 2010 (GLOBE NEWSWIRE) -- Critical Solutions, Inc. (Pink Sheets:CSLI), the designer of renewable energy tower systems, announced that the Company intends to highlight the devastating destruction and aftermath of the earthquake that hit Haiti this past week to raise awareness of the life-saving capabilities of its “Titan” and “Mojo” units in natural disaster scenarios.
Critical Solutions’ Renewable Energy Trailers can provide a mobile energy source for natural disaster relief missions. The Company’s sales and marketing subsidiary, White Door, Inc., currently markets these products to Government, military and private organizations worldwide. The “Emergency Response” capabilities of these trailers include basic rapid deployment applications regarding the powering of units for communication, asset management, human shelters, medical shelters and hydrogen generation plants.
The “Titan” and “Mojo” units can provide an immediate, mobile and renewable source of energy to power hospitals, medical and food shelters and mobile communication networks to better coordinate and distribute aid as well as several other functions of basic infrastructure that save lives in the wake of a natural disaster. To learn more about the specific applications within these categories, please visit the company's website at www.criticalsolutions.net.
About Critical Solutions, Inc.
Critical Solutions, Inc. through its wholly owned subsidiary, White Door, Inc., markets and sells a line of self-powered trailer systems that can be rapidly deployed to power physical security and communication requirements. The company utilizes non-traditional power sources such as solar, wind, and hydrogen to provide efficient recovery, backup, and primary power systems. The company's alternative energy trailer systems have been chosen by a top defense contractor to secure a nuclear power plant, by the Federal Bureau of Prisons for Emergency Response Teams, and to the Marines for emergency communications.
Please visit www.criticalsolutions.net for more information.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Critical Solutions’ Renewable Energy Trailers can provide a mobile energy source for natural disaster relief missions. The Company’s sales and marketing subsidiary, White Door, Inc., currently markets these products to Government, military and private organizations worldwide. The “Emergency Response” capabilities of these trailers include basic rapid deployment applications regarding the powering of units for communication, asset management, human shelters, medical shelters and hydrogen generation plants.
The “Titan” and “Mojo” units can provide an immediate, mobile and renewable source of energy to power hospitals, medical and food shelters and mobile communication networks to better coordinate and distribute aid as well as several other functions of basic infrastructure that save lives in the wake of a natural disaster. To learn more about the specific applications within these categories, please visit the company's website at www.criticalsolutions.net.
About Critical Solutions, Inc.
Critical Solutions, Inc. through its wholly owned subsidiary, White Door, Inc., markets and sells a line of self-powered trailer systems that can be rapidly deployed to power physical security and communication requirements. The company utilizes non-traditional power sources such as solar, wind, and hydrogen to provide efficient recovery, backup, and primary power systems. The company's alternative energy trailer systems have been chosen by a top defense contractor to secure a nuclear power plant, by the Federal Bureau of Prisons for Emergency Response Teams, and to the Marines for emergency communications.
Please visit www.criticalsolutions.net for more information.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Sunday, January 17, 2010
Ingen CEO Interview on The Money Channel
Increase Sales of the Oxyview Product Line Through GPO Contracts
YUCAIPA, Calif., Jan. 15, 2010 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading manufacturer of respiratory medical devices, recently announced that they will engage Medical Strategies International (MSI) to increase sales of the Oxyview product line through GPO contracts. The company points to the increasing prevalence of respiratory diseases, emerging hospital markets, and developing world markets. The CEO will discuss this with host Steve Crowley today at 9:34AM eastern standard time on the world renowned Money Channel's American Scene Radio.
The company projects that the Oxyview Nasal Cannula will bring $10M in revenues, and the new Oxyview Pulse Oximeter an additional $1M in revenues in 2010.
http://www.moneychannel.tv/
http://www.ingen-tech.com/
About Ingen:
Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and a successful registration with the Food & Drug Administration. The company has domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009 the Oxyview Nasal Cannula was introduced as the world's first oxygen cannula with an in-line pneumatic oxygen flow meter. In 2010 the company introduced the Oxyview Pulse Oximeter. The Oxyview product line is available to the home care markets, commercial medical markets, aviation, automotive, and government sources. The company is licensed with the Department of Health and Human Services, and manufactures its products in the State of California. With approximately 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide, Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
YUCAIPA, Calif., Jan. 15, 2010 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading manufacturer of respiratory medical devices, recently announced that they will engage Medical Strategies International (MSI) to increase sales of the Oxyview product line through GPO contracts. The company points to the increasing prevalence of respiratory diseases, emerging hospital markets, and developing world markets. The CEO will discuss this with host Steve Crowley today at 9:34AM eastern standard time on the world renowned Money Channel's American Scene Radio.
The company projects that the Oxyview Nasal Cannula will bring $10M in revenues, and the new Oxyview Pulse Oximeter an additional $1M in revenues in 2010.
http://www.moneychannel.tv/
http://www.ingen-tech.com/
About Ingen:
Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and a successful registration with the Food & Drug Administration. The company has domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009 the Oxyview Nasal Cannula was introduced as the world's first oxygen cannula with an in-line pneumatic oxygen flow meter. In 2010 the company introduced the Oxyview Pulse Oximeter. The Oxyview product line is available to the home care markets, commercial medical markets, aviation, automotive, and government sources. The company is licensed with the Department of Health and Human Services, and manufactures its products in the State of California. With approximately 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide, Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Thursday, January 14, 2010
Quadra to Demonstrate QES Utility Unit in Dalian
LAS VEGAS, NV--(Marketwire - 01/14/10) - QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTC.BB:QPRJ - News) is pleased to announce that after demonstration of its QES Utility Unit in Beijing during the first week of March 2010, the Unit will be moved to Dalian where the technology will be demonstrated for Regional Environmental Authorities and Dalian Regional Regulatory Officials. In earlier meetings with senior representatives of the Company these Officials stated that they would assist in the establishment of the Company's assembly plant facilities in the Dalian - Jinzhou High Technology Park by providing land, favorable tax treatment, together with ensuring that an adequate supply of feedstock would be available for the Company's proposed used tire and MSW processing plants.
The Company's joint venture partner, Richbay Holdings Limited, will co-host the demonstration, and has advised that the purpose of the demonstration is to confirm viability of the QES Technology, with the objective of securing participation of Richbay's Japanese partner with distribution in Japan. Important Japanese dignitaries and regulatory Officials will also be invited to attend.
Their endorsement could lead to significant sales in Japan, where Municipal Solid Waste (MSW) is a major problem and tipping fees as high as $200 per metric ton are paid for the treatment of MSW. Currently the problems are so significant in Japan that much of the MSW is shipped abroad.
Richbay's President, Hansen Zhang, has advised that Richbay's partner in Japan is very enthused about the possibility of bringing this leading edge green technology to Japan where it could solve one of the most immediate environmental problems faced by that country and generate multi-million dollar sales as well as joint venture revenue sharing opportunities.
Further, several of the Company's prospective international customers, who have anxiously awaited the opportunity to view the demonstration of the QES Technology, will be invited to attend.
Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste, etc.) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.
Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the sale of by-products, the return on investment is much greater than other competitive systems.
About QUADRA PROJECTS INC.
QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.
Forward Looking Statements:
THIS RELEASE CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING QUADRA'S OPERATIONS, ECONOMIC PERFORMANCE AND FINANCIAL CONDITION. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES, WHICH ARE INHERENTLY SUBJECT TO UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY, AND REFLECT FUTURE BUSINESS DECISIONS, WHICH ARE SUBJECT TO CHANGE. SOME OF THESE ASSUMPTIONS MAY NOT MATERIALIZE, AND UNANTICIPATED EVENTS WILL OCCUR WHICH CAN AFFECT THE COMPANY'S RESULTS.
The Company's joint venture partner, Richbay Holdings Limited, will co-host the demonstration, and has advised that the purpose of the demonstration is to confirm viability of the QES Technology, with the objective of securing participation of Richbay's Japanese partner with distribution in Japan. Important Japanese dignitaries and regulatory Officials will also be invited to attend.
Their endorsement could lead to significant sales in Japan, where Municipal Solid Waste (MSW) is a major problem and tipping fees as high as $200 per metric ton are paid for the treatment of MSW. Currently the problems are so significant in Japan that much of the MSW is shipped abroad.
Richbay's President, Hansen Zhang, has advised that Richbay's partner in Japan is very enthused about the possibility of bringing this leading edge green technology to Japan where it could solve one of the most immediate environmental problems faced by that country and generate multi-million dollar sales as well as joint venture revenue sharing opportunities.
Further, several of the Company's prospective international customers, who have anxiously awaited the opportunity to view the demonstration of the QES Technology, will be invited to attend.
Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste, etc.) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.
Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the sale of by-products, the return on investment is much greater than other competitive systems.
About QUADRA PROJECTS INC.
QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.
Forward Looking Statements:
THIS RELEASE CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING QUADRA'S OPERATIONS, ECONOMIC PERFORMANCE AND FINANCIAL CONDITION. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES, WHICH ARE INHERENTLY SUBJECT TO UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY, AND REFLECT FUTURE BUSINESS DECISIONS, WHICH ARE SUBJECT TO CHANGE. SOME OF THESE ASSUMPTIONS MAY NOT MATERIALIZE, AND UNANTICIPATED EVENTS WILL OCCUR WHICH CAN AFFECT THE COMPANY'S RESULTS.
Wednesday, January 13, 2010
Plateau Mineral Development, Inc. Details Anticipated Revenue Resulting From Converter Products
WINSTON-SALEM, N.C., Jan. 13, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) issued a statement today detailing the estimated revenue numbers that are anticipated as a result of the end products of the company's converter unit.
Of all the waste products known, the most expensive is a truck tire. In the United States alone, 300 million tires are thrown away each year. These castoffs are a huge source of automotive-related pollution; the average used tire weighs 22.5 pounds and contains about two gallons of fuel, as well as other combustible carbon compounds. Dumped into huge stockpiles, tires can feed huge fires and contribute to the spread of disease by harboring vermin and serving as mosquito breeding grounds. The purpose of PMD's converter project is to produce an operational production unit that demonstrates the cost-effectiveness of the improved technology needed to reclaim trash items and organize associated environmental clean up at a profit.
The converter unit has been designed to process six tons of scrap tires per day. Based on that figure, the project will begin yielding profit during the first year, and is expected to generate approximately $2,252,838 in revenue annually thereafter.
"Since the units will be mobile, we can transport them in order to produce the products onsite to satisfy our customers and clean up the environment," states Robert Matthews of Plateau Mineral Development, Inc. "Natural gas and carbon black have the potential to generate $140,000 and $236,133 in the first year, respectively, but the majority of the revenue is expected to come from sales of the solvent which is projected to be around $2,300,000 in the first year."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Of all the waste products known, the most expensive is a truck tire. In the United States alone, 300 million tires are thrown away each year. These castoffs are a huge source of automotive-related pollution; the average used tire weighs 22.5 pounds and contains about two gallons of fuel, as well as other combustible carbon compounds. Dumped into huge stockpiles, tires can feed huge fires and contribute to the spread of disease by harboring vermin and serving as mosquito breeding grounds. The purpose of PMD's converter project is to produce an operational production unit that demonstrates the cost-effectiveness of the improved technology needed to reclaim trash items and organize associated environmental clean up at a profit.
The converter unit has been designed to process six tons of scrap tires per day. Based on that figure, the project will begin yielding profit during the first year, and is expected to generate approximately $2,252,838 in revenue annually thereafter.
"Since the units will be mobile, we can transport them in order to produce the products onsite to satisfy our customers and clean up the environment," states Robert Matthews of Plateau Mineral Development, Inc. "Natural gas and carbon black have the potential to generate $140,000 and $236,133 in the first year, respectively, but the majority of the revenue is expected to come from sales of the solvent which is projected to be around $2,300,000 in the first year."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Tuesday, January 12, 2010
Regenobody S.A. Obtains License From the Dominican Republic to Harvest, Incubate, and Transplant Stem Cells
SOSUA BAY, Dominican Republic, Jan. 12, 2010 (GLOBE NEWSWIRE) -- Proton Laboratories, Inc. (Pink Sheets:PLBI - News), through the newly acquired Regenobody S.A, has obtained a license, through LifeXtension Worldwide, from the Government of the Dominican Republic for harvesting, incubating, and transplanting stems cells.
Armando Casciati, President of Proton Laboratories, Inc., stated; "This is tremendous news for our company. Very rarely are companies licensed by their respective governments to conduct research, harvest, and incubate stems cells while then being able to transplant these cells back to the patients for therapeutic benefit." Regenobody S.A. will be utilizing procedures and equipment obtained through an EXCLUSIVE Caribbean license from its Korean licensor and patent holder, RNL BIO Co. Ltd. Prior to Regenobody S.A. obtaining the EXCLUSIVE Caribbean licensing rights, these procedures were only available in Japan, Korea, and China. More information may be seen at the Company's website www.regenobody.com. Mr. Casciati went on to state that; "We are focused on developing a world class facility with world class equipment, technicians and procedures to allow patients the ability to utilize their own stem cells, mainly obtained through the fatty tissues of the stomach, to improve their lives."
The statements made in this release contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial conditions and other aspects of the company to which this release pertains. The actual results of specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although the statements are based upon the best judgments of management of the company as of the date of this release, significant deviation in magnitude, timing and other factors may result from business risks and uncertainties including without limitation, the company's dependence on third parties, market conditions, technical factors, the availability of outside capital and receipt of revenues, and other factors, many of which are beyond the control of the Company.
Armando Casciati, President of Proton Laboratories, Inc., stated; "This is tremendous news for our company. Very rarely are companies licensed by their respective governments to conduct research, harvest, and incubate stems cells while then being able to transplant these cells back to the patients for therapeutic benefit." Regenobody S.A. will be utilizing procedures and equipment obtained through an EXCLUSIVE Caribbean license from its Korean licensor and patent holder, RNL BIO Co. Ltd. Prior to Regenobody S.A. obtaining the EXCLUSIVE Caribbean licensing rights, these procedures were only available in Japan, Korea, and China. More information may be seen at the Company's website www.regenobody.com. Mr. Casciati went on to state that; "We are focused on developing a world class facility with world class equipment, technicians and procedures to allow patients the ability to utilize their own stem cells, mainly obtained through the fatty tissues of the stomach, to improve their lives."
The statements made in this release contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial conditions and other aspects of the company to which this release pertains. The actual results of specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although the statements are based upon the best judgments of management of the company as of the date of this release, significant deviation in magnitude, timing and other factors may result from business risks and uncertainties including without limitation, the company's dependence on third parties, market conditions, technical factors, the availability of outside capital and receipt of revenues, and other factors, many of which are beyond the control of the Company.
Quadra to Demonstrate QES Technology
LAS VEGAS, NV--(Marketwire - 01/12/10) - QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTC.BB:QPRJ - News) announces that the QES2000 Utility Unit has been completed and that in house testing is currently underway. Independent engineering testing is scheduled after completion of the in house testing. Immediately after certification of the QES Conversion Unit, it will be available for demonstration for the Company's prospective buyers and Government Authorities in the City of Guangzhou, located in Guangdong Province in the Peoples Republic of China.
Quadra's authorized distributor, Fanta International has advised that Municipal Solid Waste (MSW) is a major problem in the Guangzhou area with several thousand tons being generated each day. This could lead to sales of up to 100 QES2000 conversion units over the next 2 years generating sales in excess of 150 Million Dollars.
After testing in Guangzhou, the QES Utility Unit is to be relocated to Beijing where it will be used to demonstrate the technology for Government Environmental Authorities, Senior Regulatory Central Government Officials and qualified prospective joint venture partners. The Company's joint venture partner, Richbay Holdings Limited, will co-host the demonstration and has advised that the purpose of the testing is confirm viability of the technology, with the object of securing endorsement of the Central Government.
This endorsement could lead to significant sales in the Beijing area, where disposing of Municipal waste is a major problem.
Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc,) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.
Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems.
QUADRA PROJECTS INC.
QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.
Forward Looking Statements:
THIS RELEASE CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING QUADRA'S OPERATIONS, ECONOMIC PERFORMANCE AND FINANCIAL CONDITION. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES, WHICH ARE INHERENTLY SUBJECT TO UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY, AND REFLECT FUTURE BUSINESS DECISIONS, WHICH ARE SUBJECT TO CHANGE. SOME OF THESE ASSUMPTIONS MAY NOT MATERIALIZE, AND UNANTICIPATED EVENTS WILL OCCUR WHICH CAN AFFECT THE COMPANY'S RESULTS.
Quadra's authorized distributor, Fanta International has advised that Municipal Solid Waste (MSW) is a major problem in the Guangzhou area with several thousand tons being generated each day. This could lead to sales of up to 100 QES2000 conversion units over the next 2 years generating sales in excess of 150 Million Dollars.
After testing in Guangzhou, the QES Utility Unit is to be relocated to Beijing where it will be used to demonstrate the technology for Government Environmental Authorities, Senior Regulatory Central Government Officials and qualified prospective joint venture partners. The Company's joint venture partner, Richbay Holdings Limited, will co-host the demonstration and has advised that the purpose of the testing is confirm viability of the technology, with the object of securing endorsement of the Central Government.
This endorsement could lead to significant sales in the Beijing area, where disposing of Municipal waste is a major problem.
Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc,) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.
Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems.
QUADRA PROJECTS INC.
QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.
Forward Looking Statements:
THIS RELEASE CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING QUADRA'S OPERATIONS, ECONOMIC PERFORMANCE AND FINANCIAL CONDITION. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES, WHICH ARE INHERENTLY SUBJECT TO UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY, AND REFLECT FUTURE BUSINESS DECISIONS, WHICH ARE SUBJECT TO CHANGE. SOME OF THESE ASSUMPTIONS MAY NOT MATERIALIZE, AND UNANTICIPATED EVENTS WILL OCCUR WHICH CAN AFFECT THE COMPANY'S RESULTS.
Sunday, January 10, 2010
Proton Laboratories, Inc. Announces the Acquisition of Regenobody S.A.
SOSUA BAY, Dominican Republic, Jan. 8, 2010 (GLOBE NEWSWIRE) -- Proton Laboratories, Inc. (Pink Sheets:PLBI - News), a Washington corporation, today announced the acquisition of Regenobody S.A., a Dominican Republic company involved in some of the latest technologies associated with stem cell regeneration using the patient's own stem cells. Pursuant to the Agreement, the Company (PLBI) will issue 300,000,000 of its common shares to the Regenobody shareholders, which will result in the shareholders of Regenobody acquiring shareholder control of Proton Laboratories, Inc.
Armando Casciati, newly elected President of Proton Laboratories, Inc. stated that the new company will aggressively work toward completing the development of its laboratory and acquisition of the balance of the needed equipment from its Korean licensor and patent holder, RNLBIO. It is anticipated that a name change and symbol change will occur in the next 90 days. The prior Proton directors have resigned concurrent with the acquisition. More information may be seen at the Company's website www.regenobody.com.
The statements made in this release contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial conditions and other aspects of the company to which this release pertains. The actual results of specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although the statements are based upon the best judgments of management of the company as of the date of this release, significant deviation in magnitude, timing and other factors may result from business risks and uncertainties including without limitation, the company's dependence on third parties, market conditions, technical factors, the availability of outside capital and receipt of revenues, and other factors, many of which are beyond the control of the Company.
Armando Casciati, newly elected President of Proton Laboratories, Inc. stated that the new company will aggressively work toward completing the development of its laboratory and acquisition of the balance of the needed equipment from its Korean licensor and patent holder, RNLBIO. It is anticipated that a name change and symbol change will occur in the next 90 days. The prior Proton directors have resigned concurrent with the acquisition. More information may be seen at the Company's website www.regenobody.com.
The statements made in this release contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial conditions and other aspects of the company to which this release pertains. The actual results of specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although the statements are based upon the best judgments of management of the company as of the date of this release, significant deviation in magnitude, timing and other factors may result from business risks and uncertainties including without limitation, the company's dependence on third parties, market conditions, technical factors, the availability of outside capital and receipt of revenues, and other factors, many of which are beyond the control of the Company.
SK3 Group Announces Signing of Merger Agreement with Healthcare of Today, and Correction of Prior Acquisition Announcement
MIAMI, FLORIDA--(Marketwire - 01/08/10) - SK3 Group, Inc. (PINK SHEETS:SKTO - News) today announces that it has entered into a definitive Agreement and Plan of Merger with Healthcare of Today, Inc., completing the terms of the previously announced letter of intent. Closing of the merger is subject to the completion of audits of SK3 and Healthcare of Today, Inc., the effectiveness of an S-4 registration statement to be filed with the SEC, and acceptance of a listing application with NASDAQ for the common shares of the surviving entity in the merger. Under the terms of the merger, Healthcare of Today, Inc. and SK3 Group will both merge into a newly-formed Nevada corporation, Healthcare of Today, Inc., which has been formed for that purpose and which will be the surviving entity.
In addition, SK3 Group previously announced that Healthcare of Today, Inc. has acquired MacuCLEAR, Inc., a pharmaceutical company focused on discovering and developing novel solutions for vascular disorders of the eye. That announcement was incorrect. Healthcare of Today has, in fact, entered into a letter of intent for such an acquisition, but has not yet completed a definitive acquisition agreement or closed on the acquisition.
Healthcare of Today (http://www.healthcareoftoday.com), based in Burbank, California, is a vertically-integrated healthcare holding company. Founded in 2008, it has since acquired a number of companies, many specializing in the senior care industry. Its subsidiaries are engaged in a wide range of businesses including: nurse staffing, residential care facilities for the elderly, home healthcare services, home healthcare equipment sales, healthcare information technology, medical equipment, healthcare consulting, insurance, data security, advanced human tissue engineering, and more.
About SK3 Group, Inc.
SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base. Corporate information can be found at http://www.sk3groupinc.com.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information 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, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
In addition, SK3 Group previously announced that Healthcare of Today, Inc. has acquired MacuCLEAR, Inc., a pharmaceutical company focused on discovering and developing novel solutions for vascular disorders of the eye. That announcement was incorrect. Healthcare of Today has, in fact, entered into a letter of intent for such an acquisition, but has not yet completed a definitive acquisition agreement or closed on the acquisition.
Healthcare of Today (http://www.healthcareoftoday.com), based in Burbank, California, is a vertically-integrated healthcare holding company. Founded in 2008, it has since acquired a number of companies, many specializing in the senior care industry. Its subsidiaries are engaged in a wide range of businesses including: nurse staffing, residential care facilities for the elderly, home healthcare services, home healthcare equipment sales, healthcare information technology, medical equipment, healthcare consulting, insurance, data security, advanced human tissue engineering, and more.
About SK3 Group, Inc.
SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base. Corporate information can be found at http://www.sk3groupinc.com.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information 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, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Thursday, January 7, 2010
Sync2 Networks Develops Virtual Online Gaming Application with New JV Partner
LAS VEGAS, NEVADA--(Marketwire - 01/07/10) - Sync2 Networks Corp. (OTC.BB:SYNW - News) is implementing its restructuring program, with new JV Partnership.
Sync2 Networks, Develops Virtual Online Gaming Application, that will provide an integrated process for developing and distributing our applications through the AMPSC international agent network in over 20 countries. One of the company's key restructuring programs is being be implemented through the new Acquisition of the AMPSC Group lead by Sync2 networks, new president Mr. Ron Houle.
The JV partners in India will complement our North American team to provide a global application for our JV partners at VRX Simulators (www.vrx.ca) with such clients as Microsoft, Intel, AMD, Samsung, Indy and Nascar racing, just to name a few. This new virtual online gaming application will complement the Virtual Racer X Simulator platform.
This direction represents a corporate focus on the global gaming market and compliments the VRX Simulator partnership and development for a truly global application.
Mr. Houle has been working with VRX under a JV partnership with our Indian partners to develop an application to complement the VRX platform, where by the fiscal Racer X Racing simulator platform is used. Sync2 Networks with our India team will create a virtual online application where gaming and advertising come together and is fed directly into the online game as people around the world are playing in real time.
According to a recent report by market research firm iResearch currently, sales and subscriptions to Web-based games generate $353 million. Online-game advertisements generate between $450 million and $550 million, the research company said.
One segment that's giving the online-game industry a boost is "massively multiplayer online games". According to the Yankee study, in the United States alone, there will be 10 million people subscribing to these games by 2010, generating over $1.2 billion in revenue.
Last year, China's online gaming industry turned over 27.5 billion yuan (about 4.03 billion U.S. dollars) in 2009, according to Ma Huateng, president and CEO of China's leading Internet service provider Tencent Holdings Limited.
The global in-game advertising market, which generated $77.7 million globally in 2006, continues to develop at an exponential rate and will, by 2011, grow to $971.3 million in worldwide in-game advertising expenditures (fixed product placement/static ads and dynamic ads), according to a recent Yankee Group report.
About Sync2 Networks Corp.
Sync2 Networks is an online business development firm, which develops online Gaming and advertising applications. Sync2 through the AMPSC Group, also has a worldwide network of international marketing and business development agents in over 20 countries to sell and market its applications and to build, maintain and market their online business. For more information see www.sync2networks.com.
Legal 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, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. 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.
Sync2 Networks, Develops Virtual Online Gaming Application, that will provide an integrated process for developing and distributing our applications through the AMPSC international agent network in over 20 countries. One of the company's key restructuring programs is being be implemented through the new Acquisition of the AMPSC Group lead by Sync2 networks, new president Mr. Ron Houle.
The JV partners in India will complement our North American team to provide a global application for our JV partners at VRX Simulators (www.vrx.ca) with such clients as Microsoft, Intel, AMD, Samsung, Indy and Nascar racing, just to name a few. This new virtual online gaming application will complement the Virtual Racer X Simulator platform.
This direction represents a corporate focus on the global gaming market and compliments the VRX Simulator partnership and development for a truly global application.
Mr. Houle has been working with VRX under a JV partnership with our Indian partners to develop an application to complement the VRX platform, where by the fiscal Racer X Racing simulator platform is used. Sync2 Networks with our India team will create a virtual online application where gaming and advertising come together and is fed directly into the online game as people around the world are playing in real time.
According to a recent report by market research firm iResearch currently, sales and subscriptions to Web-based games generate $353 million. Online-game advertisements generate between $450 million and $550 million, the research company said.
One segment that's giving the online-game industry a boost is "massively multiplayer online games". According to the Yankee study, in the United States alone, there will be 10 million people subscribing to these games by 2010, generating over $1.2 billion in revenue.
Last year, China's online gaming industry turned over 27.5 billion yuan (about 4.03 billion U.S. dollars) in 2009, according to Ma Huateng, president and CEO of China's leading Internet service provider Tencent Holdings Limited.
The global in-game advertising market, which generated $77.7 million globally in 2006, continues to develop at an exponential rate and will, by 2011, grow to $971.3 million in worldwide in-game advertising expenditures (fixed product placement/static ads and dynamic ads), according to a recent Yankee Group report.
About Sync2 Networks Corp.
Sync2 Networks is an online business development firm, which develops online Gaming and advertising applications. Sync2 through the AMPSC Group, also has a worldwide network of international marketing and business development agents in over 20 countries to sell and market its applications and to build, maintain and market their online business. For more information see www.sync2networks.com.
Legal 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, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. 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.
SK3 Group Announces Healthcare of Today's Acquisition of MacuCLEAR
MIAMI, FLORIDA--(Marketwire - 01/07/10) - SK3 Group, Inc. (PINK SHEETS:SKTO - News) today announces that its new parent company, Healthcare of Today, Inc., has acquired MacuCLEAR, Inc., a pharmaceutical company focused on discovering and developing novel solutions for vascular disorders of the eye. SK3 has entered into a merger agreement with Healthcare of Today, Inc. under which both companies will merger into a new Nevada corporation, Healthcare of Today, Inc., formed for that purpose.
MC-1101, MacuCLEAR's primary product compound, is a patented, topically delivered drug for treating and stopping the progression of dry Age-related Macular Degeneration (AMD). MacuCLEAR (www.macuclear.com) has an active IND for MC-1101 and has completed a successful Phase Ib human clinical trial. The company's groundbreaking work leverages its unique understanding of ocular pharmacology and drug development to advance a pipeline of proprietary pharmaceuticals. MacuCLEAR's accomplished management team includes CTO George C. Y. Chiou, Ph. D., professor and director of the Institute of Ocular Pharmacology and professor of neuroscience and experimental therapeutics at Texas A&M University System Health Science Center. Dr. Chiou previously led the discovery of Timolol, a pioneering treatment for glaucoma.
The company's work on AMD comes at a crucial time in senior eye care. As the population ages and baby boomers advance into their 50s and 60s, the numbers suggest there will be a virtual epidemic of AMD. Age-related Macular Degeneration (AMD) is the most common cause of vision loss in people 50 and older. There are two forms of AMD: wet and dry. Currently, more than 15 million patients in the U.S. suffer from the signs and symptoms of AMD, while an estimated 25 to 30 million patients are afflicted worldwide. However, there is no approved drug treatment yet available to patients with dry AMD, and only limited treatments are available for patients with wet AMD. An astounding 90 percent of AMD patients cannot be treated with the methods currently available.
CEO of Healthcare of Today Henry Jan says, "MacuCLEAR is devoted to finding treatments for the millions of people who suffer from vascular disorders of the eye. This is a huge, under-served market, and they have the solutions. We are very proud to bring MacuCLEAR's groundbreaking work to the Healthcare of Today family, and we look forward to adding this new dimension to how we improve seniors' lives every day."
Healthcare of Today (http://www.healthcareoftoday.com), based in Burbank, California, is a vertically-integrated healthcare holding company. Founded in 2008, it has since acquired a number of companies, many specializing in the senior care industry. Its subsidiaries are engaged in a wide range of businesses including: nurse staffing, residential care facilities for the elderly, home healthcare services, home healthcare equipment sales, healthcare information technology, medical equipment, healthcare consulting, insurance, data security, advanced human tissue engineering, and more.
About SK3 Group, Inc.
SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base. Corporate information can be found at http://www.sk3groupinc.com.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information 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, including statements that include the words "believes", "expects", "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
MC-1101, MacuCLEAR's primary product compound, is a patented, topically delivered drug for treating and stopping the progression of dry Age-related Macular Degeneration (AMD). MacuCLEAR (www.macuclear.com) has an active IND for MC-1101 and has completed a successful Phase Ib human clinical trial. The company's groundbreaking work leverages its unique understanding of ocular pharmacology and drug development to advance a pipeline of proprietary pharmaceuticals. MacuCLEAR's accomplished management team includes CTO George C. Y. Chiou, Ph. D., professor and director of the Institute of Ocular Pharmacology and professor of neuroscience and experimental therapeutics at Texas A&M University System Health Science Center. Dr. Chiou previously led the discovery of Timolol, a pioneering treatment for glaucoma.
The company's work on AMD comes at a crucial time in senior eye care. As the population ages and baby boomers advance into their 50s and 60s, the numbers suggest there will be a virtual epidemic of AMD. Age-related Macular Degeneration (AMD) is the most common cause of vision loss in people 50 and older. There are two forms of AMD: wet and dry. Currently, more than 15 million patients in the U.S. suffer from the signs and symptoms of AMD, while an estimated 25 to 30 million patients are afflicted worldwide. However, there is no approved drug treatment yet available to patients with dry AMD, and only limited treatments are available for patients with wet AMD. An astounding 90 percent of AMD patients cannot be treated with the methods currently available.
CEO of Healthcare of Today Henry Jan says, "MacuCLEAR is devoted to finding treatments for the millions of people who suffer from vascular disorders of the eye. This is a huge, under-served market, and they have the solutions. We are very proud to bring MacuCLEAR's groundbreaking work to the Healthcare of Today family, and we look forward to adding this new dimension to how we improve seniors' lives every day."
Healthcare of Today (http://www.healthcareoftoday.com), based in Burbank, California, is a vertically-integrated healthcare holding company. Founded in 2008, it has since acquired a number of companies, many specializing in the senior care industry. Its subsidiaries are engaged in a wide range of businesses including: nurse staffing, residential care facilities for the elderly, home healthcare services, home healthcare equipment sales, healthcare information technology, medical equipment, healthcare consulting, insurance, data security, advanced human tissue engineering, and more.
About SK3 Group, Inc.
SK3 Group also markets preferred medical services through its facilitation partners to its PEO client base. Corporate information can be found at http://www.sk3groupinc.com.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information 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, including statements that include the words "believes", "expects", "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Trustcash Announces Gross Revenues (Unaudited) for the Quarter Ending Dec 31, 2009
ATLANTA, GA--(Marketwire - 01/07/10) - TRUSTCASH HOLDINGS, INC. ("TRUSTCASH") (Pinksheets:TCHH - News) today confirms gross revenue (unaudited) for three month period ending December 31, 2009 was five hundred and thirty six thousand dollars ($536,000).
Trustcash Management stated, "We are pleased with our progress and accomplishments to date. We continue to develop a technology infrastructure focused on providing merchants with flexible online payment solutions. Our growth to date can be attributed to, amongst other things, Claudio Lai, our CTO. Claudio continues to manage our integration staff, development team and proprietary integration tools, ensuring timely deployment and support so our clients can focus on what they do best."
About Trustcash
The Trustcash(TM) platform delivers a sophisticated, comprehensive online payment processing system. The Trustcash technology infrastructure provides merchants with open access, PCI compliant payment processing. Trustcash(TM) is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Trustcash Management stated, "We are pleased with our progress and accomplishments to date. We continue to develop a technology infrastructure focused on providing merchants with flexible online payment solutions. Our growth to date can be attributed to, amongst other things, Claudio Lai, our CTO. Claudio continues to manage our integration staff, development team and proprietary integration tools, ensuring timely deployment and support so our clients can focus on what they do best."
About Trustcash
The Trustcash(TM) platform delivers a sophisticated, comprehensive online payment processing system. The Trustcash technology infrastructure provides merchants with open access, PCI compliant payment processing. Trustcash(TM) is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Wednesday, January 6, 2010
Photo Release -- Ingen Launches the New Oxyview Pulse Oximeter
Another Giant Leap for Ingen
YUCAIPA, Calif., Jan. 6, 2010 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading global Medical Device Manufacturer for the Oxyview Nasal Cannula, focused on the $4B Respiratory market for the growing aging population and emerging markets for Home (DME), Hospital and Aviation industries, announced today the introduction of the new Oxyview Pulse Oximeter.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6961
The Oxyview Pulse Oximeter is a very important and common device to check patient blood-oxygen saturation (SpO2) level and pulse rate. As a small, compact, simple, reliable and durable physiological monitoring device, the Oxyview Pulse Oximeter greatly enhances patient care, and fits both Adult and Pediatric patients. This small & lightweight design has a measurement range of 70% - 100%, and requires two AAA batteries. It has a Resolution of 1% with a measurement accuracy of 70% - 100%: +/- 3%. Some of the features include a dual color OLED display, display SpO2, PR, Pulse bar and Plethysmogram, 6 display modes, low power consumption, automatic power off, battery-low indicator, and an adjustable brightness feature.
This dynamic new product is the most sophisticated and cost competitive pulse oximeter in the market today. The company is selling the new device for $88.00, and when patients purchase the Oxyview Nasal Cannula they will earn points and receive the new Oxyview Pulse Oximeter at a discount. The market for this device includes the home oxygen patient market and the hospital markets.
"This new device will greatly enhance our revenues with expected sales of $1M in 2010, and increased sales with GSA contracts and our new distribution. The new Oxyview Pulse Oximeter has features that no other oximeter can offer, and the price is far less than that of any other Oximeter in its class," stated Scott R. Sand, Chief Executive Officer and Chairman of the Board.
www.oxyviewnasalcannula.com
www.ingen-tech.com
About Ingen: Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and successful licensing with the Food & Drug Administration, and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009, the company introduced the new Oxyview Nasal Cannula for adult, children and infants. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California, Department of Public Health, Food and Drug Branch as it manufactures all of its respiratory products in the United States. There are 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
YUCAIPA, Calif., Jan. 6, 2010 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading global Medical Device Manufacturer for the Oxyview Nasal Cannula, focused on the $4B Respiratory market for the growing aging population and emerging markets for Home (DME), Hospital and Aviation industries, announced today the introduction of the new Oxyview Pulse Oximeter.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6961
The Oxyview Pulse Oximeter is a very important and common device to check patient blood-oxygen saturation (SpO2) level and pulse rate. As a small, compact, simple, reliable and durable physiological monitoring device, the Oxyview Pulse Oximeter greatly enhances patient care, and fits both Adult and Pediatric patients. This small & lightweight design has a measurement range of 70% - 100%, and requires two AAA batteries. It has a Resolution of 1% with a measurement accuracy of 70% - 100%: +/- 3%. Some of the features include a dual color OLED display, display SpO2, PR, Pulse bar and Plethysmogram, 6 display modes, low power consumption, automatic power off, battery-low indicator, and an adjustable brightness feature.
This dynamic new product is the most sophisticated and cost competitive pulse oximeter in the market today. The company is selling the new device for $88.00, and when patients purchase the Oxyview Nasal Cannula they will earn points and receive the new Oxyview Pulse Oximeter at a discount. The market for this device includes the home oxygen patient market and the hospital markets.
"This new device will greatly enhance our revenues with expected sales of $1M in 2010, and increased sales with GSA contracts and our new distribution. The new Oxyview Pulse Oximeter has features that no other oximeter can offer, and the price is far less than that of any other Oximeter in its class," stated Scott R. Sand, Chief Executive Officer and Chairman of the Board.
www.oxyviewnasalcannula.com
www.ingen-tech.com
About Ingen: Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and successful licensing with the Food & Drug Administration, and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009, the company introduced the new Oxyview Nasal Cannula for adult, children and infants. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California, Department of Public Health, Food and Drug Branch as it manufactures all of its respiratory products in the United States. There are 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Quadra's Gasification Opportunity in India
LAS VEGAS, NV--(Marketwire - 01/06/10) - QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTC.BB:QPRJ - News) received an update from its Indian distributor, Geetas Infra, a wholly owned subsidiary of CMR Power Projects Pvt. Ltd. setting forth the opportunities that exist for Quadra's gasification technology in India. The Managing Director, C Srirama Raju, has advised that negotiations are underway with several bio-mass power producers to substitute their current bio mass incineration systems with the less costly and more efficient QES Gasification System.
Management of the Company is of the opinion that the QES2000 gasification system, being one of the applications of the QES2000 system, is the most advanced system in converting organic waste to energy and the most flexible to match the customer's needs. The QES gasification technology is a proprietary system which combines the Steam Direct-Heat Pyrolysis and Indirect-Heat Pyrolysis technologies into one system and further incorporates a unique two stage pyrolysis and gasification process into the system. The benefits of the QES Gasification System are a higher conversion rate than an indirect-heat gasification system achieving a converting rate of almost 50%~70%, lower cost than other gasification systems, easier installation, lower maintenance costs and a higher heat value of fuel gas than other gasification or incineration systems.
As a result Management is of the opinion that for the application of waste-to-electrical power generation from Municipal Waste (MSW) and/or bio-mass, the QES2000 Gasification system provides the most competitive operating cost, requires lower investment and yields a higher rate of return than competitors. The Company also offers customers professional expertise in designing a turnkey solution for a gasification plant. It is these factors, according to Mr. Raju, which have brought interest from several biomass power producers.
Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc,) to valuable by-products such as N220 carbon black, bio-char fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.
Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems.
About QUADRA PROJECTS INC.
QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.
�
Source QUADRA PROJECTS INC.
Email to: general@quadraprojects.com
Forward Looking Statements:
THIS RELEASE CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING QUADRA'S OPERATIONS, ECONOMIC PERFORMANCE AND FINANCIAL CONDITION. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES, WHICH ARE INHERENTLY SUBJECT TO UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY, AND REFLECT FUTURE BUSINESS DECISIONS, WHICH ARE SUBJECT TO CHANGE. SOME OF THESE ASSUMPTIONS MAY NOT MATERIALIZE, AND UNANTICIPATED EVENTS WILL OCCUR WHICH CAN AFFECT THE COMPANY'S RESULTS.
Management of the Company is of the opinion that the QES2000 gasification system, being one of the applications of the QES2000 system, is the most advanced system in converting organic waste to energy and the most flexible to match the customer's needs. The QES gasification technology is a proprietary system which combines the Steam Direct-Heat Pyrolysis and Indirect-Heat Pyrolysis technologies into one system and further incorporates a unique two stage pyrolysis and gasification process into the system. The benefits of the QES Gasification System are a higher conversion rate than an indirect-heat gasification system achieving a converting rate of almost 50%~70%, lower cost than other gasification systems, easier installation, lower maintenance costs and a higher heat value of fuel gas than other gasification or incineration systems.
As a result Management is of the opinion that for the application of waste-to-electrical power generation from Municipal Waste (MSW) and/or bio-mass, the QES2000 Gasification system provides the most competitive operating cost, requires lower investment and yields a higher rate of return than competitors. The Company also offers customers professional expertise in designing a turnkey solution for a gasification plant. It is these factors, according to Mr. Raju, which have brought interest from several biomass power producers.
Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc,) to valuable by-products such as N220 carbon black, bio-char fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.
Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems.
About QUADRA PROJECTS INC.
QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.
�
Source QUADRA PROJECTS INC.
Email to: general@quadraprojects.com
Forward Looking Statements:
THIS RELEASE CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING QUADRA'S OPERATIONS, ECONOMIC PERFORMANCE AND FINANCIAL CONDITION. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES, WHICH ARE INHERENTLY SUBJECT TO UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY, AND REFLECT FUTURE BUSINESS DECISIONS, WHICH ARE SUBJECT TO CHANGE. SOME OF THESE ASSUMPTIONS MAY NOT MATERIALIZE, AND UNANTICIPATED EVENTS WILL OCCUR WHICH CAN AFFECT THE COMPANY'S RESULTS.
Trustcash Completes Integration With www.condobargainclub.com
ATLANTA, GA--(Marketwire - 01/06/10) - Trustcash Holdings Inc. (the "Company" or "Trustcash") (Pinksheets:TCHH - News) announces it has completed the integration of the Trustcash online payment platform with www.condobargainclub.com.
www.condobargainclub.com recently launched its online service with a view to reach the vacationing audience that books travel online. Trustcash management expects quality and consistent revenues from their offerings due to ongoing trends in online travel booking. The results of a 2009 poll provided at http://www.travelmole.com/stories/1134043.php of just over 12,600 people found:
29% of respondents book all elements of their holiday independently and online; and
47% of respondents said they will book at least one element of their holiday independently, whether it is car hire, airport/hotel transfers, excursions, flights or accommodation; and
Over half (54.55%) said they regularly research their holiday and compare prices on the internet before making a booking; and
Less than 1% have never used the internet to book or research any part of a holiday.
CONDO BARGAIN CLUB
Condo Bargain Club members benefit from weekly Condo Bargains.
These Condo Bargains are actual condominiums at world-class resorts for prices starting as low as $199 per week for a one or two bedroom and ocean view condominiums.
Members are emailed the Condo Bargain Prices every Tuesday afternoon, and the inventory is based on a first come first serve basis. These prices are only available to members. To register to become a member go to www.condobargainclub.com
About Trustcash
The Trustcash(TM) platform delivers a sophisticated, comprehensive online payment processing system.
The Trustcash technology infrastructure provides merchants with open access, PCI compliant payment processing. Trustcash(TM) is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
www.condobargainclub.com recently launched its online service with a view to reach the vacationing audience that books travel online. Trustcash management expects quality and consistent revenues from their offerings due to ongoing trends in online travel booking. The results of a 2009 poll provided at http://www.travelmole.com/stories/1134043.php of just over 12,600 people found:
29% of respondents book all elements of their holiday independently and online; and
47% of respondents said they will book at least one element of their holiday independently, whether it is car hire, airport/hotel transfers, excursions, flights or accommodation; and
Over half (54.55%) said they regularly research their holiday and compare prices on the internet before making a booking; and
Less than 1% have never used the internet to book or research any part of a holiday.
CONDO BARGAIN CLUB
Condo Bargain Club members benefit from weekly Condo Bargains.
These Condo Bargains are actual condominiums at world-class resorts for prices starting as low as $199 per week for a one or two bedroom and ocean view condominiums.
Members are emailed the Condo Bargain Prices every Tuesday afternoon, and the inventory is based on a first come first serve basis. These prices are only available to members. To register to become a member go to www.condobargainclub.com
About Trustcash
The Trustcash(TM) platform delivers a sophisticated, comprehensive online payment processing system.
The Trustcash technology infrastructure provides merchants with open access, PCI compliant payment processing. Trustcash(TM) is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Plateau Mineral Development, Inc. Explains Uses of Natural Gas Produced by Converter
WINSTON-SALEM, N.C., Jan. 6, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) has issued a statement concerning the natural gas that can be generated by the company's converter. Plateau's converter will generate solvent, carbon black and natural gas. Six to eight percent of the total product load discharged by the converter is natural gas.
The company's main goal is to use the natural gas to run a generator that will provide power to the pumps and compressors in the field, allowing for a stand-alone unit that needs no electrical power from the local grid to operate. This is a cost saving option when electric power may not be available in a remote site.
Alternatively, the gas could be commercially compressed into a pipeline and sold in the marketplace. Gas is currently selling for around $5.65 per MCF (NYMEX). However, at this time, Plateau has decided that it will continue to utilize the gas as a tool to lower operating costs by running the converter equipment in the field without the need for electrical power. This will allow the company to fully focus on marketing the converter's other two end products, solvent and carbon black, which are most lucrative.
"Running electrical power out to remote job sites can be a costly undertaking," states Robert Matthews of Plateau Mineral Development, Inc. "We have the unique ability to utilize a resource outputted by the process that allows us to save a considerable amount of infrastructure funds that would have otherwise been spent on operating expenses. This is yet another step towards increased revenue for the company."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
The company's main goal is to use the natural gas to run a generator that will provide power to the pumps and compressors in the field, allowing for a stand-alone unit that needs no electrical power from the local grid to operate. This is a cost saving option when electric power may not be available in a remote site.
Alternatively, the gas could be commercially compressed into a pipeline and sold in the marketplace. Gas is currently selling for around $5.65 per MCF (NYMEX). However, at this time, Plateau has decided that it will continue to utilize the gas as a tool to lower operating costs by running the converter equipment in the field without the need for electrical power. This will allow the company to fully focus on marketing the converter's other two end products, solvent and carbon black, which are most lucrative.
"Running electrical power out to remote job sites can be a costly undertaking," states Robert Matthews of Plateau Mineral Development, Inc. "We have the unique ability to utilize a resource outputted by the process that allows us to save a considerable amount of infrastructure funds that would have otherwise been spent on operating expenses. This is yet another step towards increased revenue for the company."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Tuesday, January 5, 2010
Ingen and Amsino International Sign Supply Agreement
Ingen Starts 2010 With a Leap
UCAIPA, Calif., Jan. 5, 2010 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading global Medical Device Manufacturer for the Oxyview Nasal Cannula, focused on the $4B Respiratory market for the growing aging population and emerging markets for Home (DME), Hospital and Aviation industries, announced today that they have signed a Supply Agreement with Amsino International Inc. on December 1, 2009.
The Pomona-California based Amsino was established in 1993 and is a leading medical device developer and manufacturer dedicated to advancing healthcare worldwide by developing, manufacturing, and marketing medical products that help improve the safety and effectiveness of patient care. Amsino's product and service portfolio includes infusion products and access devices, blood collection and transfusion devices, anesthesia and surgical products, urological products, enteral feeding and irrigation products, respiratory therapy products, patient care products, and a full-service contract manufacturing business. Amsino products are distributed in the United States and more than 30 other countries worldwide.
Ingen and Amsino will manufacture the Oxyview and Oxyview Nasal Cannula at a reduced cost compared to current manufacturing costs. The Supply Agreement is effective for a 3-year term and is renewable.
Ingen is ready for ISO 13485 Certification and is now waiting in line for an audit date in January-2010. The company expects to be certified and the CE Mark and distribution of product will follow. The company expects GSA approval and will make an announcement in January. Both ISO certification and GSA will expand product distribution to U.S. Government branches, inclusive of the Department of Defense and the VA Hospital network, as well as export to China, Japan, Canada, Australia and Europe.
"We look forward to working with Richard Lee, CEO of Amsino, and his professional team. This agreement allows Ingen to reduce manufacturing costs by 40%, and increase efficiency and quality of our respiratory product line. Amsino International was introduced to us through Pacific Pearl Group, our Investment Banking consultants, who have evaluated Amsino as a good fit for manufacturing and distribution of the Ingen product line. With ISO certification near completion and GSA close to approval, the relationship between Amsino and Ingen is expected to be a prosperous one," stated Scott R. Sand, Chief Executive Officer and Chairman of the Board.
http://www.amsino.com/
www.oxyviewnasalcannula.com
www.ingen-tech.com
About Ingen: Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and successful licensing with the Food & Drug Administration, and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009, the company introduced the new Oxyview Nasal Cannula for adult, children and infants. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California, Department of Public Health, Food and Drug Branch as it manufacturers all of its respiratory products in the United States. There are 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
UCAIPA, Calif., Jan. 5, 2010 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading global Medical Device Manufacturer for the Oxyview Nasal Cannula, focused on the $4B Respiratory market for the growing aging population and emerging markets for Home (DME), Hospital and Aviation industries, announced today that they have signed a Supply Agreement with Amsino International Inc. on December 1, 2009.
The Pomona-California based Amsino was established in 1993 and is a leading medical device developer and manufacturer dedicated to advancing healthcare worldwide by developing, manufacturing, and marketing medical products that help improve the safety and effectiveness of patient care. Amsino's product and service portfolio includes infusion products and access devices, blood collection and transfusion devices, anesthesia and surgical products, urological products, enteral feeding and irrigation products, respiratory therapy products, patient care products, and a full-service contract manufacturing business. Amsino products are distributed in the United States and more than 30 other countries worldwide.
Ingen and Amsino will manufacture the Oxyview and Oxyview Nasal Cannula at a reduced cost compared to current manufacturing costs. The Supply Agreement is effective for a 3-year term and is renewable.
Ingen is ready for ISO 13485 Certification and is now waiting in line for an audit date in January-2010. The company expects to be certified and the CE Mark and distribution of product will follow. The company expects GSA approval and will make an announcement in January. Both ISO certification and GSA will expand product distribution to U.S. Government branches, inclusive of the Department of Defense and the VA Hospital network, as well as export to China, Japan, Canada, Australia and Europe.
"We look forward to working with Richard Lee, CEO of Amsino, and his professional team. This agreement allows Ingen to reduce manufacturing costs by 40%, and increase efficiency and quality of our respiratory product line. Amsino International was introduced to us through Pacific Pearl Group, our Investment Banking consultants, who have evaluated Amsino as a good fit for manufacturing and distribution of the Ingen product line. With ISO certification near completion and GSA close to approval, the relationship between Amsino and Ingen is expected to be a prosperous one," stated Scott R. Sand, Chief Executive Officer and Chairman of the Board.
http://www.amsino.com/
www.oxyviewnasalcannula.com
www.ingen-tech.com
About Ingen: Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and successful licensing with the Food & Drug Administration, and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009, the company introduced the new Oxyview Nasal Cannula for adult, children and infants. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California, Department of Public Health, Food and Drug Branch as it manufacturers all of its respiratory products in the United States. There are 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
SatMAX Corporation Restructures Debt in Anticipation of Global Expansion
Balance Sheet Debt Would Be Reduced
HOUSTON, TX--(Marketwire - 01/05/10) - SatMAX Corp. (Pinksheets:SATM - News), a leading global provider of wireless, non-line-of-sight satellite communications products and services to the $46 billion ground-based satellite communications industry, announced today that it has developed a financing plan for 2010 that restructures and eliminates approximately $800,000.00 in debt the company has acquired since its inception. The successful conclusion of this restructuring would significantly improve the company's balance sheet and should enable to company to strike more favorable terms with vendors and suppliers.
The year 2009 was important for SatMAX. The company negotiated deals with big names in the defense industry, government entities and important resellers. Some heavy hitters of 2009 include: completing two equipment deliveries to ITT for satellite installations and equipment; and the year-end signing of an agreement with SBA 8(a) certified TLC Engineering, allowing for SatMAX equipment to be introduced to Federal agencies and emergency response teams in the Houston/Gulf Coast region. The acquisition of these high profile partners is designed to lead to an increase in consumer awareness overall of SatMAX products.
SatMAX� is an advanced communications system that enables users to quickly and easily make fully wireless, satellite voice and data communications available from any non-line-of-sight location. With SatMAX�, customers have the ability to access dependable and uninterrupted satellite communication from indoor locations. Available as both fixed and mobile units, SatMAX� creates a satellite communications "hotspot," allowing maximum flexibility by enabling multiple callers to use Iridium-based satellite phones in both indoor and outdoor settings.
About SatMAX
SatMAX Corporation is dedicated to providing global wireless, non-line-of-sight, satellite voice and data communications links to government, military, and commercial and industrial customers. For more information, please visit www.echosatcom.com; or view our product information video at www.angelvisiontech.com/clients/echo_satellite.
VOD Newswire Video Format: http://vodnewswire.com/vodnewswire/news/satmax-corp-20100105/
Forward-Looking Statements
Certain statements contained in this release issued by SatMAX Corporation (the "Company") that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and are based on assumptions made by management. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.
HOUSTON, TX--(Marketwire - 01/05/10) - SatMAX Corp. (Pinksheets:SATM - News), a leading global provider of wireless, non-line-of-sight satellite communications products and services to the $46 billion ground-based satellite communications industry, announced today that it has developed a financing plan for 2010 that restructures and eliminates approximately $800,000.00 in debt the company has acquired since its inception. The successful conclusion of this restructuring would significantly improve the company's balance sheet and should enable to company to strike more favorable terms with vendors and suppliers.
The year 2009 was important for SatMAX. The company negotiated deals with big names in the defense industry, government entities and important resellers. Some heavy hitters of 2009 include: completing two equipment deliveries to ITT for satellite installations and equipment; and the year-end signing of an agreement with SBA 8(a) certified TLC Engineering, allowing for SatMAX equipment to be introduced to Federal agencies and emergency response teams in the Houston/Gulf Coast region. The acquisition of these high profile partners is designed to lead to an increase in consumer awareness overall of SatMAX products.
SatMAX� is an advanced communications system that enables users to quickly and easily make fully wireless, satellite voice and data communications available from any non-line-of-sight location. With SatMAX�, customers have the ability to access dependable and uninterrupted satellite communication from indoor locations. Available as both fixed and mobile units, SatMAX� creates a satellite communications "hotspot," allowing maximum flexibility by enabling multiple callers to use Iridium-based satellite phones in both indoor and outdoor settings.
About SatMAX
SatMAX Corporation is dedicated to providing global wireless, non-line-of-sight, satellite voice and data communications links to government, military, and commercial and industrial customers. For more information, please visit www.echosatcom.com; or view our product information video at www.angelvisiontech.com/clients/echo_satellite.
VOD Newswire Video Format: http://vodnewswire.com/vodnewswire/news/satmax-corp-20100105/
Forward-Looking Statements
Certain statements contained in this release issued by SatMAX Corporation (the "Company") that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and are based on assumptions made by management. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.
Plateau Mineral Development, Inc. Issues an Update on the Converter Project
WINSTON-SALEM, N.C., Jan. 5, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the firm, in conjunction with Environmental Solutions, has completed a design for a converter unit that will transform tires into carbon black, oil, gas and petroleum solvents.
The market for carbon black includes the manufacturing of new tires as well as for producing batteries, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound.
A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. Funds are currently being raised to create a better, more efficient second generation unit.
Robert Matthews of Plateau Mineral Development, Inc. states, "The discovery that carbon black can be used for batteries is a leap in the right direction for us. Since the converter lends itself to the production of carbon black, and since carbon black can be used for batteries and the remanufacture of tires, there's a great deal of potential with regard to the profitability of creating and using the converter."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
The market for carbon black includes the manufacturing of new tires as well as for producing batteries, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound.
A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. Funds are currently being raised to create a better, more efficient second generation unit.
Robert Matthews of Plateau Mineral Development, Inc. states, "The discovery that carbon black can be used for batteries is a leap in the right direction for us. Since the converter lends itself to the production of carbon black, and since carbon black can be used for batteries and the remanufacture of tires, there's a great deal of potential with regard to the profitability of creating and using the converter."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Monday, January 4, 2010
QUADRA Announces Advisory Board Appointments
LAS VEGAS, NV--(Marketwire - 01/04/10) - QUADRA PROJECTS INC. (OTC.BB:QPRJ - News) ("Quadra" or the "Company"), its stock quoted on the OTC BB under the trading symbol "QPRJ," announces the appointment of the following persons to its Advisory Board.
The members appointed are:
Ernest Daddey B.sc. (Hon) is an award-winning materials scientist, with twenty years of international, proven expertise in innovation, research, product development, business development and manufacturing. Experience has included work as a materials chemist and project manager until 2005 with Creo Inc. (now Kodak) where he was part of a team which grew corporate business by $100M in 18 months.
Johannes Kriswanto, MSc Eng, Boston University, MA, USA, 1994
A strong visionary leader in Information Technology (Information Systems) with 25 years experience in the Telecommunication Industry and more than 5 years in the wireless environment. A Project Management Professional ("PMP") certified project manager with more than 10 years experience in program, project management and PMO implementation, managing multiple complex and large projects in an enterprise-wide environment in IT and the Telecommunication Industry.
Bert Kelm B. Eng an experienced project management engineer with over 30 years experience in managing large scale projects in North America including managing large scale projects for Honeywell.
Robert Lau is the President and CEO of Clayton, Dunning Global Partners LLC. Mr Lau is a graduate of Yale University and has graduate training in Economics. He has been involved full time in the investment industry for over 44 years. He has been engaged in a broad range of securities activities, including retail, and institutional brokerage, investment management, Investment banking and securities research.
Management is pleased with these appointments and is confident that these appointees will make significant contributions to the Management team and the Board, with their breadth of international and technical knowledge. Further with their experience they will be a valuable information source to assist Management and the Board with the Company's strategic planning, corporate governance, technical review and product development.
Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc,) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.
Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems.
About QUADRA PROJECTS INC.
QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.
Forward Looking Statements:
THIS RELEASE CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING QUADRA'S OPERATIONS, ECONOMIC PERFORMANCE AND FINANCIAL CONDITION. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES, WHICH ARE INHERENTLY SUBJECT TO UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY, AND REFLECT FUTURE BUSINESS DECISIONS, WHICH ARE SUBJECT TO CHANGE. SOME OF THESE ASSUMPTIONS MAY NOT MATERIALIZE, AND UNANTICIPATED EVENTS WILL OCCUR WHICH CAN AFFECT THE COMPANY'S RESULTS.
The members appointed are:
Ernest Daddey B.sc. (Hon) is an award-winning materials scientist, with twenty years of international, proven expertise in innovation, research, product development, business development and manufacturing. Experience has included work as a materials chemist and project manager until 2005 with Creo Inc. (now Kodak) where he was part of a team which grew corporate business by $100M in 18 months.
Johannes Kriswanto, MSc Eng, Boston University, MA, USA, 1994
A strong visionary leader in Information Technology (Information Systems) with 25 years experience in the Telecommunication Industry and more than 5 years in the wireless environment. A Project Management Professional ("PMP") certified project manager with more than 10 years experience in program, project management and PMO implementation, managing multiple complex and large projects in an enterprise-wide environment in IT and the Telecommunication Industry.
Bert Kelm B. Eng an experienced project management engineer with over 30 years experience in managing large scale projects in North America including managing large scale projects for Honeywell.
Robert Lau is the President and CEO of Clayton, Dunning Global Partners LLC. Mr Lau is a graduate of Yale University and has graduate training in Economics. He has been involved full time in the investment industry for over 44 years. He has been engaged in a broad range of securities activities, including retail, and institutional brokerage, investment management, Investment banking and securities research.
Management is pleased with these appointments and is confident that these appointees will make significant contributions to the Management team and the Board, with their breadth of international and technical knowledge. Further with their experience they will be a valuable information source to assist Management and the Board with the Company's strategic planning, corporate governance, technical review and product development.
Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc,) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.
Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems.
About QUADRA PROJECTS INC.
QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.
Forward Looking Statements:
THIS RELEASE CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING QUADRA'S OPERATIONS, ECONOMIC PERFORMANCE AND FINANCIAL CONDITION. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES, WHICH ARE INHERENTLY SUBJECT TO UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY, AND REFLECT FUTURE BUSINESS DECISIONS, WHICH ARE SUBJECT TO CHANGE. SOME OF THESE ASSUMPTIONS MAY NOT MATERIALIZE, AND UNANTICIPATED EVENTS WILL OCCUR WHICH CAN AFFECT THE COMPANY'S RESULTS.
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