latest news releases from the newsroom
Administrative Court of Appeal Issues Ruling in SCD Invest's Tax Case
STOCKHOLM, Sweden, April 12, 2005 (PRIMEZONE) -- Investment AB Kinnevik (Kinnevik) announced today that the Administrative Court of Appeal has issued a ruling with regard to the tax dispute involving the associated company SCD Invest AB with subsidiaries. The Administrative Court of Appeal's ruling was against Kinnevik and, consequently, the Group's earnings in the first quarter of 2005 will be charged with SEK 89 million in deferred tax expenses related to the 2004 fiscal year. The ruling does not result in any payment of current tax.
Symmetrex Announces New Partner Agreement for Bank Funds Loading Services With Express Payment Solutions
MAITLAND, Fla., April 12, 2005 (PRIMEZONE) -- Symmetrex, Inc., a leading international secured financial payments transaction processing company, announced today a new partnership with Worldwide Financial Services, dba Express Payment Solutions (EPS). Symmetrex will use EPS services to load funds onto the numerous prepaid debit cards including prepaid MasterCard(r) / prepaid VISA(r) platforms marketed by Symmetrex independent sales organizations. Under this partnership, which was facilitated through the exclusive marketing agreement between EPS and GlobalCash, Inc., a subsidiary of PayStar Corporation (Pink Sheets:PYST), Symmetrex will promote the proprietary EPS nationwide network of 12,000 bank branches through four leading U.S. banks to all of its independent sales organizations to improve the utility and funds loading convenience for all cardholders.
Fox & Hound Restaurant Group
Total Entertainment Restaurant Corp. to Host Fiscal 2005 First Quarter Results Conference Call
WICHITA, Kan., April 12, 2005 (PRIMEZONE) -- Total Entertainment Restaurant Corp. (Nasdaq:TENT) plans to release first quarter fiscal 2005 results on Thursday, April 14, 2005 after the close of the market. A conference call will be broadcast live and will be hosted by Steven M. Johnson, Chief Executive Officer, and James K. Zielke, Chief Financial Officer on Friday, April 15, 2005 at 10:00 a.m. EDT. The call in number is 1-800-988-9506, and the confirmation code is "TENT". A recorded replay of the conference call will be available beginning April 15, 2005 through April 29, 2005. The replay call in number is 1-866-515-1615.
PlanetLink Communications Inc.
PlanetLink Communications Forges Ahead With Focus on 2005 Revenues
CUMMING, Ga., April 12, 2005 (PRIMEZONE) -- Having successfully resolved key legal and finance issues, PlanetLink Communications Inc. (OTCBB:PLKC), a provider of satellite-based products and services, announced today its commitment to focusing on revenue generation in 2005. In the past two years, the Company has settled all legal matters including those relating to the Company's former CEO, Mr. Aladesuyi. The Company has also restated its fiscal 2003 financials and reported its fiscal 2004 results, thus bringing the Company into full compliance with all disclosure requirements. At this time, the Company is focusing all of its efforts on building and growing revenues.
GTREX Capital, Inc. Outlines Goals for Global Travel Exchange Presentation at Cinapsys Microcap Conference
ALISO VIEJO, Calif., April 12, 2005 (PRIMEZONE) -- GTREX Capital, Inc. (OTCBB:GRXI) today identified the company's goals for presenting its Global Travel Exchange at the Cinapsys Microcap Conference on April 16, 2005, at the Sutton Place Hotel in Newport Beach, California. Attendees at the conference are expected to include public company executives, investment bankers, exchange representatives, service providers, and Wall Street professionals.
Market Pulse Announces its AM Stock Picks for Tuesday, April 12, 2005: SCNWF, ORCL, SMTR, JDSU
ATLANTA, April 12, 2005 (PRIMEZONE) -- Market Pulse is pleased to introduce our featured stock, Stream Communications Network and Media, Inc. (OTCBB:SCNWF), to the investment community! Stream Communications is new to Market Pulse and is poised to become a significant player in the cable telecommunications industry! SCNWF had excellent news out in a press release before today's opening bell regarding the closing of their private placement! This could be great news for investors! Other notable stocks that look great lately from a fundamental and technical perspective include: