latest news releases from the newsroom
Itec Environmental Group, Inc.
Itec Environmental Group, Inc. Closes The Elevation Fund, LLC Investment and Engages Capital Growth Financial, LLC for Additional Financing
RIVERBANK, Calif., Aug. 24, 2005 (PRIMEZONE) - Itec Environmental Group, Inc. (OTCBB:ITEC) today announced that it has successfully completed its investment with The Elevation Fund, LLC (Elevation). Proceeds from the Elevation investment will be delivered by Itec to the California Integrated Waste Management Board (CIWMB) in connection with satisfying certain conditions regarding the $2,000,000 low-interest "matching funds" loan through CIWMB's Recycle Market Development Zone Loan (RMDZ) Program. This will enable Itec to begin drawing upon the RMDZ $2,000,000 loan to secure equipment for Itec's first Eco2(tm) Environmental System Plant. In addition, Capital Growth Financial, LLC (CGF), has been engaged by Itec to secure up to $500,000 in working capital. Itec expects to close on the $500,000 investment within the next week.
CyberAds Targets Xtreme Sports Products for Marketing and Distribution Programs
TORRANCE, Calif. , Aug. 24, 2005 (PRIMEZONE) -- CyberAds, Inc. (OTCBB:CYAD) is pleased to announce they are now aggressively targeting the Xtreme sports industry and anticipate marketing and distributing a new line of products in the coming months. Product categories include "off-road" and "street" motorized vehicles such as sand and dune buggies, gas and electric scooters, skateboards, specialized bikes, ultra-light and winged aircraft, unique powered and pulled water toys, and a variety of peripheral products associated with the rapidly growing extreme sports category.
Extraordinary General Meeting of Vitrolife AB (publ)
STOCKHOLM, Sweden, Aug. 24, 2005 (PRIMEZONE) -- At Vitrolife's Annual General Meeting today the following was decided, after proposal from Vitrolife's largest shareholder Skanditek Industriforvaltning AB, with 28.5 percent of the votes and capital in the company:
HAMILTON, Bermuda, Aug. 24, 2005 (PRIMEZONE) -- Frontline: Please find enclosed the presentation of the Interim Results for the Quarter ended June 30th 2005, to be held in the morning on Wednesday August 24th, on the following link: http://hugin.info/182/R/1008200/155742.pdf.
Sectra Extends Cooperation with R2 Technology
LINKOPING, Sweden, Aug. 24, 2005 (PRIMEZONE) -- Sectra, a major provider of enterprise and imaging center PACS, and R2 Technology, Inc., the leader in computer-aided detection (CAD), today announced an extended cooperation agreement. R2 will distribute the Sectra universal mammography workstation and other PACS components.
Trintech Group Plc
Trintech Reports Fiscal Year 2006 Second Quarter Financial Results
DUBLIN, Ireland and DALLAS, Aug. 24, 2005 (PRIMEZONE) -- Trintech Group Plc (Nasdaq:TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced second quarter revenues of $12.6 million and a net loss for the quarter of $3.7 million, after a $3.9 million exceptional warranty charge relating to the extension of warranty periods for certain hardware products deployed in Europe. Excluding this once-off exceptional charge, Trintech generated net income for the second quarter of $225,000.