latest news releases from the newsroom
EnerBrite Technologies Group, Inc.
EnerBrite Technologies Group -- Shallow Wells Mean Big Profits
FORT LAUDERDALE, Fla., June 2, 2009 (GLOBE NEWSWIRE) -- EnerBrite Technologies Group, Inc. (Pink Sheets:ETGG), an operating oil and gas production company along with its wholly owned subsidiary Rebel Oil Company announces that it expects big profits from the production of its 76 existing wells. This is based on the fact that these are shallow wells ranging from 600 to 800 feet deep. With our continuing repair and re-working of the existing wells, we will see consistent increased production and with low operating costs of $11 per barrel, the Company will reap big profits. The Company is preparing to acquire additional shallow wells which will mean even higher profits since our current operating team will be able to handle the newly acquired wells with little or no increase in operating costs.
biOasis Technologies Inc.
biOasis Enters Into Blood-Brain Barrier Collaborative Research Agreement
VANCOUVER, British Columbia, June 2, 2009 (GLOBE NEWSWIRE) -- biOasis Technologies Inc. (TSX-V:BTI) is pleased to announce that it has entered into a second Collaborative Research Agreement ("CRA") with The University of British Columbia ("UBC"). The primary purpose of this CRA is to perform additional research on the use of p97 as a delivery system to shuttle compounds across the blood-brain barrier (BBB). This new initiative will build on the preclinical Proof-of-Concept that demonstrated that p97 can shuttle anti-cancer drugs into the brain that are efficacious in the treatment of malignant brain tumours. The results of this study were published in June of 2008, in a landmark study entitled, "A Unique Carrier for Delivery of Therapeutic Compounds beyond the Blood-Brain Barrier" in the on-line journal PLoS ONE http://www.plosone.org/doi/pone.0002469, This new research and the development that will be carried out under the new CRA will add to the Company's Intellectual Property and may in the future lead to improved methods for delivery of therapeutics to help control or cure a large variety of neurological diseases. Since the publication of the BBB paper, discussions have been underway with a number of biotech and pharmaceutical companies that have shown interest in this technology and, as previously announced, the Company has achieved a key milestone in this developmental path through its agreement with a major U.S. biotechnology company, whereby several of the Company's patented, proprietary technologies and reagents for delivery of therapeutics across the BBB will be provided to them for further testing. This step is consistent with the overall objectives of the Company to collaborate with one or more companies to expand development and commercial opportunities for the use of this patented technology.
K-VA-T Food Stores Gets Loyal With Retalix
DALLAS, June 2, 2009 (GLOBE NEWSWIRE) -- Retalix(r) (Nasdaq:RTLX), a leading provider of software solutions for retailers and distributors, today announced that K-VA-T Food Stores has selected Retalix Loyalty(tm) as its next-generation customer loyalty and promotions management system. The regional, family-owned supermarket chain operates more than 100 stores in Kentucky, Virginia and Tennessee under the Food City and Super Dollar banners.
Nalco CEO to Address Growth Conference
NAPERVILLE, Ill., June 2, 2009 (GLOBE NEWSWIRE) -- Nalco (NYSE:NLC), providing essential expertise for water, energy and air, announced today that Chairman, President and Chief Executive Officer J. Erik Fyrwald will address investors and analysts at the 29th William Blair Growth Stock Conference being held June 9-11 at the Four Seasons Hotel in Chicago.
Compuware Vantage Receives Prestigious Yphise Award for End User Experience Monitoring
DETROIT, June 2, 2009 (GLOBE NEWSWIRE) -- Compuware Corporation (Nasdaq:CPWR) today announced that ClientVantage, Compuware Vantage's End User Experience monitoring solution, was the recipient of the Yphise Award for Best End User Experience Monitoring. This prestigious award was bestowed on Vantage after an in-depth assessment of more than 150 functional and technical aspects of Vantage and leading competitors, including Foglight (Quest Software) and ITCAM for Transactions (IBM).