latest news releases from the newsroom
Power Technology Inc.
Nuytco Research Ltd. to Test Power Technology Prototype Battery for Submarine Applications
HOUSTON, April 11, 2005 (PRIMEZONE) -- Power Technology (OTCBB:PWTC) announced today that Nuytco Research Ltd. of Vancouver, British Columbia, (http://www.nuytco.com), a manufacturer of submersibles, has asked Power Technology to design and provide it with deep cycle, AGM prototype batteries for testing in its submersibles. Mike Reay, Engineering Technologist of Nuytco Research Ltd., stated: "The magnitude of the performance increase of the Power Technology battery over conventional lead-acid batteries is stunning. The increase in energy capacity is a huge advantage for submarine applications. We want to install and test the Power Technology prototypes as soon as they are available." Bernard J. Walter, Chairman and CEO of Power Technology added: "Nuytco Research Ltd. is a world leader in the development and operation of undersea technology and we are honored that have asked us to design and produce a prototype battery for this application. We look forward to Nuytco's involvement in the testing and development of our battery."
411-SONG Launches the 'ID-to-Win an iPod' Challenge
NEW YORK, April 11, 2005 (PRIMEZONE) -- 411-SONG (previously called SongLink'd), a leading mobile music search and discovery service, today announced a competition that gives mobile users the opportunity to win free iPods(tm) when calling (866) 411-SONG to identify music.
Produce Safety and Security International Inc.
Produce Safety and Security International, Inc. Announces Distribution Agreement to the Republic of Bulgaria
TORONO, April 11, 2005 (PRIMEZONE) -- Produce Safety and Security International Inc., the `Company,' or (PinkSheets:PDSS) is pleased to announce an exclusive distribution agreement with Food Safety - BG Ltd located in Sofia, Bulgaria. The agreement grants rights for exclusive distribution of PDSS Ozone and Spherequat products along with PDSS consulting services to Food Safety - BG Ltd throughout the Republic of Bulgaria. PDSS and Food Safety - BG Ltd also agreed on the promotion and advertising of the Ozone and Spherequat products and to cooperate in trade mark registration, licenses and other registrations.
Knetgolf Expands North America's First and Largest Internet Golf Ball Rental Program
NIAGARA FALLS, N.Y., April 11, 2005 (PRIMEZONE) -- Spring is in the air and golfers are getting twitchy as they wait to hit the fairways across most of North America and Western Europe. This includes the over 50,000 golfers who this year will order over 5,000,000 golf balls from North America's first and largest Internet golf ball rental outlet -- Knetgolf (www.knetgolf.com).
TeliaSonera Finland Execute Previously Communicated Efficiency Measures
STOCKHOLM, Sweden, April 11, 2005 (PRIMEZONE) -- The employer/employee negotiations that were announced in February, 2005 to reduce about 650 positions have now been concluder. The reason for the negotiations was the need to streamline TeliaSonera Finland's operations. The permanent changes in the competitive environment, regulation in the telecommunications industry and the focusing of the product portfolio are the main reasons for the streamlining activities.
GFO Consulting LLC
Levin and Chambers Join GFO Consulting Advisory Board
CHALFONT, Pa., April 11, 2005 (PRIMEZONE) -- Information technology entrepreneur Kimberle Levin and long-time financial professional Ed Chambers have joined the advisory board of GFO Consulting, LLC. Jeffrey M. Gilmore, president of the Chalfont-based company, commented, "With Kimberle and Ed, we are extremely fortunate to add to the GFO team professionals with outstanding careers of achievement."
BOWE SYSTEC AG
BOWE SYSTEC Annual Report 2004
AUGSBURG, Germany, April 11, 2005 (PRIMEZONE) -- Despite a drop in sales the BOWE SYSTEC Group again recorded a year-on-year increase in profit. As the Board of Directors reported at today's press briefing on annual results, the company achieved consolidated sales of EUR 309.1 million after EUR 346.4 million in the prior year. Nevertheless the BOWE SYSTEC Group was able to increase its net result by 8% to EUR 17.5 million. Thus, in the financial year 2004 the best result in the history of the company was reached.