latest news releases from the newsroom
Arete Industries, Inc.
Arete Industries, Inc. Sets New Energy Sector Strategy
NIWOT, Colo., Oct. 22, 2003 (PRIMEZONE) -- Arete Industries, Inc. (OTCBB:ARET) announced its strategy to generate revenue and sustainability as a clearinghouse for deals in the "New Energy Sector." Thomas Raabe, Arete CEO, stated: "Arete Industries launched its new direction and refocused on involvement in transactions and projects in the traditional oil and gas business as well as the alternative and renewable energy sectors. Our overall strategy to achieve near term success is to originate project financings that match investors with viable high-profit, low risk traditional and alternative energy opportunities, in which we will act as the financial intermediary."
The World Golf League, Inc.
The WGL Finalizes Plans for Infomercial Production
ALTAMONTE SPRINGS, Fla., Oct. 22, 2003 (PRIMEZONE) -- The WGL, Inc. (OTCBB:WGFL) announced today that it will enter into an agreement with Convergence Film and Television of Orlando, Florida to produce their Direct Response TV campaign. In addition to a 30-minute infomercial to be aired starting in early 2004, Convergence will produce both a one-minute and a two-minute direct response ad for the marketing campaign.
Universal Stainless & Alloy Products, Inc.
Universal Stainless Reports Third Quarter 2003 Results in Line with Its Higher Forecast
BRIDGEVILLE, Pa., Oct. 22, 2003 (PRIMEZONE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today reported third quarter 2003 sales of $18.6 million and a net loss of $121,000, or $0.02 per diluted share. This compares to sales of $15.9 million, net income of $191,000, and diluted earnings per share of $0.03 reported in the comparable period of 2002.
Neoware, IBM, Yankee Group and Citrix Systems Host Seminar Series on The On-Demand Enterprise
KING OF PRUSSIA, Pa., Oct. 22, 2003 (PRIMEZONE) -- Neoware Systems (Nasdaq:NWRE), the leading supplier of award-winning software, services and thin client appliances, today announced that the IBM, Yankee Group, Citrix Systems, Inc, and Neoware will lead a free On-Demand Enterprise Seminar Series which demonstrates how to lower total cost of ownership through server-based computing.