latest news releases from the newsroom
GoldSpring, Inc. Completes Sale of Canadian Mineral Permits
GOLD HILL, Nev., March 22, 2006 (PRIMEZONE) -- GoldSpring, Inc. (OTCBB:GSPG) announced today that it has completed the sale of its Canadian subsidiaries, Clear Hills Iron Ltd. and Peace River Energy Ltd., to CaNev Resources, a Canadian Corporation. The assets divested in the transaction, initially announced in the Company's February 23, 2006, press release, include 32 industrial (non-energy) mineral permits covering approximately 800 square miles in northern Alberta, Canada. In consideration for the assets, GoldSpring will receive CDN$1.1 million. CDN$100,000 of the sales price will be paid in cash, and the balance will be paid through a three percent production royalty.
Aceva Survey Reveals That Collectors Lack Confidence in Collections Management Metrics
SAN MATEO, Calif., March 22, 2006 (PRIMEZONE) -- Aceva Technologies, a leading provider of enterprise applications for receivables and cash management, today announced findings from a recent survey which indicate a lack of confidence in the relevance of collections management metrics most commonly used by corporations today. In addition, the survey found that companies that use collections management software are more effective and motivated as they spend less time on tactical tasks and more time on strategic deliverables that impact the bottom line.
Transportation and Logistics Companies Should Consider an Integrated Approach to Manage Fraud Risks, According to PricewaterhouseCoopers
NEW YORK, March 22, 2006 (PRIMEZONE) -- The threat of economic crime-from simple cases of asset misappropriation to complex accounting manipulation-is more prominent than ever on the agendas of transportation & logistics company directors and financial regulators. In fact, 45 percent of transportation & logistics companies reported being victims of economic crime over the last two years, according to PricewaterhouseCoopers' Global Economic Crime Survey 2005. In response, PricewaterhouseCoopers has developed a whitepaper titled "Protecting Transportation & Logistics Companies Against Fraud, Reputation & Misconduct Risk" that provides guidance on how to develop an effective antifraud program.
StockGuru.com Announces Profile Coverage of QI Systems
DALLAS, March 22, 2006 (PRIMEZONE) -- John Pentony, publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of QI Systems, Inc. (OTCBB:QIIIF). QI Systems designs hardware and software for the rapidly expanding cash card industry and is a leader in supplying solutions for smart card vending with products operating in Canada, the U.S., Venezuela, Hong Kong, the UK, and Norway.
Cornell Companies, Inc.
Cornell and Other Private Corrections Providers Notified of Transition to Request For Proposal by Federal Bureau of Prisons
HOUSTON, March 22, 2006 (PRIMEZONE) -- Cornell Companies, Inc. (NYSE:CRN) has received notification from the Federal Bureau of Prisons (BOP) that four intergovernmental service agreements between the BOP and private corrections providers relating to facilities located in West Texas will be transitioned to long-term direct contracts through a request for proposal (RFP), including the contract under which Cornell manages its facility in Big Spring, Texas. Other private corrections providers operating facilities in West Texas under similar agreements will be subject to this decision as well.
American Specialty Health
American Specialty Health Provides Health, Wellness Discounts to Seven Blue Cross and Blue Shield Plans' MedicareBlue Rx and MedicareBlue PPO Members
SAN DIEGO, March 22, 2006 (PRIMEZONE) -- American Specialty Health (ASH), the nation's leading complementary health care organization, announced a new agreement with a seven-state alliance of independent Blue Cross and Blue Shield Association licensees in Iowa, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Wyoming.