latest news releases from the newsroom
Financial Technologies, Inc. Announces Decision to Close
ATLANTA, Nov. 7, 2006 (PRIMEZONE) -- Financial Technologies, Inc. ("FTI") today announced that it is in the process of a shutdown and will cease operations by December 31. The company has notified clients of this plan and intends to curtail its activities over several weeks to effect an orderly transition and provide clients time to find alternate solutions for the services it provided. The company's decision is based on financial concerns. The company had yet to break even and now lacks sufficient capital to expand its business to the scale needed to achieve profitability.
Budget Waste Inc.
Budget Waste Inc. Appoints Ms. Michele Patrosh to Board of Directors
CALGARY, Alberta, Nov. 7, 2006 (PRIMEZONE) -- Budget Waste Inc. (Pink Sheets:BDGW) is pleased to announce the appointment of Ms. Michele Patrosh to the Board of Directors. Ms. Patrosh brings to BWI a wealth of experience with over 15 years in the construction waste removal and recycling industry. In that period, Ms. Patrosh has earned the reputation as an industry leader for her ability to provide creative, cost-effective waste and recycling solutions for the residential home building industry. Ms. Patrosh is well-respected in the industry for her ability to find practical solutions to waste challenges; her keen sense of customer service; and, her strong commitment to customer satisfaction.
NetBank, Inc. Appoints Christopher H.B. Mills to Its Board of Directors
ATLANTA, Nov. 7, 2006 (PRIMEZONE) -- NetBank, Inc. (Nasdaq:NTBK), parent company of NetBank(r) (www.netbank.com) and a leading mortgage lender, today announced that the company's board of directors elected to expand its size from eight to nine members and voted unanimously to approve the nomination of Christopher H.B. Mills as a new director. Mills was appointed as a Class II Director to a two-year term expiring at the company's 2008 annual meeting of shareholders. Mills' appointment is subject to the ratification of shareholders at the company's 2007 annual meeting, tentatively scheduled for Thursday, May 10.