latest news releases from the newsroom
PCS Edventures!.com, Inc.
PCS Edventures! Announces Saudi Arabian Preschool Program
BOISE, Idaho, Feb. 1, 2006 (PRIMEZONE) -- PCS Edventures! (OTCBB:PCSV) today announced the sale and deployment of its preschool program into the Albian Girls School in Jeddah, Saudi Arabia. The professional development series will focus on PCS BrickLab elementary programs, as well as the unique PCS preschool methods and programs developed for the Egyptian Ministry of Education Early Childhood Enhancement (ECE) initiative funded by the World Bank. At this first Saudi Arabian girls school to deploy a PCS solution, teachers and administrators will be undergoing professional development over five days starting January 28th and concluding Wednesday, February 1st.
Susquehanna Media Co.
Susquehanna Media Co. Announces Tender of All of Its Outstanding 7-3/8% Senior Subordinated Notes Due 2013
YORK, Pa., Feb. 1, 2006 (PRIMEZONE) -- Susquehanna Media Co. ("Media") announced today that, in connection with the previously announced cash tender offer and consent solicitation for its outstanding 7-3/8% Senior Subordinated Notes due 2013 (the "Notes"), as of 5:00 p.m., New York City time, on January 31, 2006 (the "Consent Payment Deadline"), Media received tenders and consents with respect to all $150.0 million aggregate principal amount of Notes outstanding. Media also announced today that it has determined the consideration to be paid for the Notes in the tender offer.
ATSI Communications, Inc.
ATSI Announces Formation of New Subsidiary -- Digerati Networks, Inc.
SAN ANTONIO, Feb. 1, 2006 (PRIMEZONE) -- ATSI Communications, Inc. (OTCBB:ATSX) today announced the formation of a new wholly owned subsidiary, Digerati Networks, Inc., to showcase ATSI's growing VoIP business. Digerati Networks will market the Company's VoIP services with the goal of achieving a leadership position in the industry while building brand and name recognition. The new subsidiary will also allow the parent company to take full advantage of corporate development opportunities that may arise in the future. ATSI's other wholly owned subsidiary, Telefamilia Communications, Inc., will continue marketing and providing communication services to the high-growth Hispanic market in the United States. The Company also owns a minority interest (49%) of a subsidiary in Mexico, ATSI Comunicaciones, S.A. de C.V., which operates under a 30-year government issued telecommunications license. The creation of Digerati Networks, Inc. will not impact ATSI's financial reporting as the Company will continue to report consolidated financial results for all of its subsidiaries.