latest news releases from the newsroom
Maximum Dynamics, Inc.
Maximum Dynamics, Inc. Acquires 100% of Unilogic Solutions (Pty), Ltd.
COLORADO SPRINGS, Colo., Jan. 21, 2004 (PRIMEZONE) -- Maximum Dynamics, Inc. (OTCBB:MXDY), a technology solutions company that combines cutting edge technology with its back office and administration services to provide client side support and business process management services, announced today that it has completed the purchase of the remaining 49% of Unilogic Solutions (Pty), Ltd. ("Unilogic"). With the purchase, Unilogic, which is a South African Proprietary Limited Company, is now a 100% wholly owned subsidiary of Maximum Dynamics ("Maximum").
Kingdom Ventures Inc.
Kingdom Partnership Seeks to Impact One Million Global Leaders
ATLANTA, Jan. 21, 2004 (PRIMEZONE) -- Kingdom Ventures, Inc. (OTCBB:KDMV): EQUIP and Global Focus, two metro Atlanta-based evangelical Christian ministries, have just signed a partnership agreement that seeks to equip and train one million global Christian leaders. The goal of the partnership is to mobilize North American churches to impact one million leaders outside the U.S. by 2008. Dr. John Hull, president of EQUIP, and Dr. Larry D. Reesor, founder/president of Global Focus, signed the document in a ceremony at EQUIP's offices on January 8.
Toll Brothers, Inc.
Toll Brothers And Pinnacle Limited Announce Joint Venture To Develop 832-Unit Condo Community On Northern New Jersey Waterfront
HUNTINGDON VALLEY, Pa., Jan. 21, 2004 (PRIMEZONE) -- Toll Brothers, Inc., (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, and Pinnacle Downtown, a Pinnacle Ltd. company, today announced that they have entered into a joint venture to develop an 832-home luxury condominium community on the Hoboken, New Jersey waterfront. The joint venture purchased the property from Gotham Partners, L.P.
eCom eCom.com, Inc. Announces Four Spin Offs With American Capital Holdings, Inc.
PALM BEACH GARDENS, Fla., Jan. 21, 2004 (PRIMEZONE) -- eCom eCom.com, Inc. (OTCBB:ECEC) has agreed to four additional spins-offs of its wholly owned subsidiaries. ECom eCom.com, Inc. (eCom or ECEC) and American Capital Holdings, Inc. (ACH) reached an agreement whereby interests currently held by American Capital Holdings shall be acquired by eCom subsidiaries. ACH companies include: Freedom 4 Wireless, Inc., Cornerstone Energy Partners, LP, 21st Century Oil & Gas Exploration, Inc. and Smart Pill Diagnostics, Inc.
Much Shelist Freed Denenberg Ament & Rubenstein
Chicago Law Firm Much Shelist Reminds Investors that Only 19 Days Remain to File Lead Plaintiff Petitions, or until February 9, 2004, for Securities Fraud Lawsuit on Behalf of Investors in Career Education Corporation -- CECO
CHICAGO, Jan. 21, 2004 (PRIMEZONE) -- The deadline for purchasers of Career Education Corporation ("CEC" or the "Company") (Nasdaq:CECO) to move for lead plaintiff in a securities fraud class action brought by Much Shelist against CEC and certain of its officers and directors is rapidly approaching. If you purchased CEC securities between January 28, 2003 and December 2, 2003, inclusive ("Class Period") and you wish to be a lead plaintiff in the case, you must move to serve as lead plaintiff by filing a motion in the United States District Court for the Northern District of Illinois by February 9, 2004.
Framfab Restructures Swedish Operations
STOCKHOLM, Sweden, Jan. 21, 2004 (PRIMEZONE) -- On December 11, Framfab announced that additional measures would affect fourth quarter earnings following changes in the Swedish operation. Framfab has further decided to reduce the size of its staff in Goteborg and Stockholm. The primary objective is to improve profitability in the Swedish business as part of the overall initiative of returning the entire group to profitability.
FindProfit.com Offers Outlook For Select Telecom Stocks
PRINCETON, N.J., Jan. 21, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% documented return in 2003, announced today that it has provided to trial and paid subscribers special coverage of select telecom stocks, including coverage of Ciena Corp. (Nasdaq:CIEN) and Corvis (Nasdaq:CORV).