latest news releases from the newsroom
Plastics Conversion Technologies Inc.
Plastics Conversion Technologies, Plas2Fuel, Inc. Announce Joint Operating Plastic-to-Synthetic Oil Conversion Process Plan
SEATTLE, May 28, 2009 (GLOBE NEWSWIRE) -- GeoBio Energy, Inc. (Pink Sheets:GBOE), d/b/a Plastics Conversion Technologies, Inc. (PCT "Company"), a Colorado based plastics cleaning, separation, and recycling company, announced it signed a Letter of Intent with Plas2Fuel, Inc., a Washington company (P2F), regarding future joint venture operation opportunities. The final agreement contemplates P2F operating within PCT's EnviroPlastics (EVP) division facilities at multiple locations, nationwide. These EVP facilities will process Auto Shredder Residue located near large auto-shredder/metal recyclers. EVP's process cleans and separates scrap resin grades into three streams of plastics. One of the outputs of EVP's process, a "mixed stream" of plastic, will be the supply for P2F's proprietary 'plastic-to-synthetic oil' conversion process.
The Descartes Systems Group Inc.
Descartes Reports Fiscal 2010 First Quarter Financial Results
WATERLOO, Ontario, May 28, 2009 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), a global on-demand software-as-a-service (SaaS) logistics solutions provider, announced financial results for its fiscal 2010 first quarter (Q1FY10) ended April 30, 2009. All financial results referenced are unaudited, in United States (U.S.) currency and, unless otherwise indicated, are determined in accordance with U.S. Generally Accepted Accounting Principles (GAAP).