latest news releases from the newsroom
Integrated Camera Optics, Corp.
Integrated Camera Optics Retains Market Pathways Financial Relations
BABYLON, N.Y., Jan. 4, 2006 (PRIMEZONE) -- Integrated Camera Optics, Corp. (Pink Sheets:IGCO), is a company specializing in the development of highly diverse optical systems primarily for use in the security sector. The Company plans to manufacture and market both the hardware and software required to extend the visual ability of electronic monitor security systems, and announced today that it has retained Market Pathways Financial Relations Inc. to provide a wide variety of financial public relations services, utilizing its StockUpTicks and SmallCap Sentinel web properties.
Brendan Technologies, Inc.
Omni U.S.A. Acquires Brendan Technologies and Disposes of OmniGear and Butler
CARLSBAD, Calif., Jan. 4, 2006 (PRIMEZONE) -- Omni U.S.A., Inc. (OTCBB:OUSA), a provider of power transmission and trailer and implement components, announced today that its wholly-owned subsidiary, Omni Merger Sub, Inc. (OMS) has completed the acquisition of substantially all of the assets of privately-owned Brendan Technologies, Inc. (BTI), a Carlsbad, CA-based pharmaceutical software company. Founded in 1997, BTI has been actively involved in providing software solutions to improve the accuracy, quality control, and workflow of immunoassay testing in laboratories in the biopharmaceutical, clinical, research, veterinarian and agricultural industries.
FTS Wireless, Inc.
FTS Acquires Profitable Wireless Company
TAMPA, Fla., Jan. 4, 2006 (PRIMEZONE) -- FTS Group, Inc. (OTCBB:FLIP), a publicly traded acquisition and development company, today announced the acquisition of 100% of the outstanding shares of Pennsylvania-based See World Satellites, Inc. (SWS) in a stock and cash transaction. Additional details of the purchase will be disclosed in an 8K to be filed shortly with the SEC.
First Equity Group
StockMarketNewsAlert.com Issues Trade Alert -- TelePlus Enterprises, Inc.
DEERFIELD BEACH, Fla., Jan. 4, 2006 (PRIMEZONE) -- StockmarketNewsAlert.com issues trade alert on TelePlus Enterprises,Inc. (OTCBB:TLPE) (Frankfurt:YT3) (www.teleplus.ca). According to M. D'Alonzo at First Equity Group, Inc., recent news flow from the company has been very positive. The company announced that its wholly owned wireless subsidiary, TelePlus Wireless, Corp. ("TelePlus Wireless") signed a definitive agreement (the "Agreement") to acquire certain assets of Liberty Wireless, which is part of the InPhonic Group. ("InPhonic") (Nasdaq:INPC). Under the terms of the Asset Purchase Agreement, TelePlus Wireless will acquire the customer base, trade names, trade marks, domain names, web sites, and other assets of Liberty Wireless for a purchase price of $1.9M, all in cash. $1.4M will be paid upon closing, less any adjustments per the Agreement, and the remaining $500K will be paid quarterly over 4 equal installments commencing 90 days from the transaction closing date. Teleplus intends to finance the acquisition from cash-on-hand. The effective date of the Asset Purchase Agreement is December 31, 2005. Liberty is the 3rd largest Sprint wireless reseller on the CDMA network ("MVNO") after Virgin Mobile and Qwest and is in the top 10 prepaid wireless providers in the U.S.
Sun New Media Inc.
Sun New Media to Acquire Leading Asian e-Publisher and Rights Holder
DIAMOND BAR, Calif., Jan. 4, 2006 (PRIMEZONE) -- Sun New Media Inc. (OTCBB:SNMD) ("SNMI") today announced an agreement to acquire 100% controlling interest in Magzone Asia Pte. Ltd. ("Magzone"). Magzone is a leading producer of digital conversion and distribution technologies for print publishers and holds the e-publishing distribution rights for 647 publications in the People's Republic of China. The acquisition will allow SNMI to significantly enhance the technological back-end of its e-publishing platform, introduce innovative new e-publishing formats to the China market, and bring a wealth of new content into its proprietary distribution network.
365 Main, Inc.
Esurance Joins 365 Main in San Francisco
SAN FRANCISCO, Jan. 4, 2006 (PRIMEZONE) -- San Francisco-based Esurance, a direct-to-customer auto insurance company, announced that it has selected 365 Main to be its Mission Critical partner as it expands its brand throughout the country.