latest news releases from the newsroom
Seadrill -- Mandatory Bid for Eastern Drilling ASA
HAMILTON, Bermuda, Oct. 23, 2006 (PRIMEZONE) -- Seadrill has with satisfaction noted the announcement made by the Oslo Stock Exchange on Friday, October 20 with respect to their general view on the relevance of total return swaps to the mandatory bid rules. The criteria defined by the Stock Exchange are decisive that such agreements shall not trigger an obligation to make a mandatory bid or influence the terms thereof. This corresponds fully with the facts relevant to Seadrill's total return swaps related to the Eastern Drilling ASA ("Eastern") share.
Renewable Energy Resources, Inc.
Internal Hydro Receives Additional Sales Enquiries for Low Hydro Units During Pre-Production Phase; Certification and Production Plans for Delivery
TAMPA, Fla., Oct. 23, 2006 (PRIMEZONE) -- Internal Hydro International, Inc., (OTCBB:IHDR) (www.internalhydro.com) announced today with its successful deployment and display of the Energy Commander V (EC V), low impact hydro system in Mobile, Alabama, the company is receiving sales enquiries from multiple sources for the units. The potential sales based upon limited data released thus far, exceeded 20 units in the past week alone for Agricultural and Mining operations. IHDR expects to be under contract for such unit purchases in the next weeks. With continued operations of the unit in Mobile and planned certification of the unit's outputs to occur over the next week, a created product sheet will enable additional sales of units to occur in quantity before production. IHDR has now positioned its business plan to account for sales as part of the three ways for the unit to create revenue which would also include unit revenue splits with the user, and unit leasing packages.
Author Forecasts Wyoming Uranium Production to Jump by 500 Percent in 10 Years
SARASOTA, Fla., Oct. 23, 2006 (PRIMEZONE) -- According to David R. Miller, a state legislator (Riverton-R) and co-author of "Investing in the Great Uranium Bull Market" (StockInterview: 2006), Wyoming's uranium mines could produce more than 10 million pounds before 2015. And if the spot uranium price continues soaring, this new production could bring the State of Wyoming nearly $30 million in new severance and ad valorem tax revenue. "That's almost enough to educate 3,000 Wyoming schoolchildren," said Representative Miller.
Allpoint Network Signs Nine Arizona Credit Unions
BETHESDA, Md., Oct. 23, 2006 (PRIMEZONE) -- Allpoint(tm), America's largest surcharge-free ATM network, announced the signing of nine Arizona credit unions. The Phoenix-based, $1.5b Arizona FCU, anchored eight other Arizona credit unions to provide their members nationwide surcharge-free ATM access.
Photo Release -- LXE Introduces Compact VX3X Vehicle-Mount Computer
ATLANTA, Oct. 23, 2006 (PRIMEZONE) -- LXE Inc., a leading manufacturer of rugged wireless computers that improve the performance of supply-chain execution applications, today announced the introduction of the VX3X vehicle-mounted computer. The 1/2 VGA, Windows(r) CE .NET-driven VX3X vehicle-mounted computer is a smaller, more economical vehicle-mounted computer, perfect for use on smaller warehouse vehicles like pallet jacks, walkies, pickers, and narrow isle lift trucks -- vehicles with limited space for mounting a computer.
Ideal Financial Solutions, Inc.
Ideal Financial Solutions, Inc. Launches New Online iDebtManager Debt Tracking System
ST. GEORGE, Utah, Oct. 23, 2006 (PRIMEZONE) -- Ideal Financial Solutions, Inc. (Pink Sheets:IFSL) announced today the launch of their new interactive Financial Tracking System, iDebtManager. iDebtManager automates the way consumers receive and pay bills to effectively accelerate the elimination of all non-asset building debt and manage cash flow. iDebtManager works in conjunction with the Company's new product, iBillManager, which provides discipline, structure, convenience and controlled automation of transactional financial management. Together, iBillManager and iDebtManager provide seamless automation of Ideal's core CashFlow Management(c) System.
KMV Hits Three More Wells in Oklahoma
DENVER, Oct. 23, 2006 (PRIMEZONE) -- Mammoth Energy Group Inc. (Pink Sheets:MMTH) announced today that its wholly owned subsidiary, KMV Consulting, successfully drilled the first three wells it drilled in a five well drilling program with Allied Energy Group (Pink Sheets:AGGI) in Rogers County, Oklahoma. The wells (Schmidt No. 4, Schmidt No. 2 and Schmidt No. 1) are scheduled to be completed and put on-line over the course of the next few weeks.
SmallCap Sentinel: Emergent Technologies Detailed in Report and Company Profile
IRVINE, Calif., Oct. 23, 2006 (PRIMEZONE) -- A report detailing the opportunities for emergent technologies in today's stock market has been made available at SmallCapSentinel.com. The report, "Technology Growth, Emerging Companies & Emerging Markets" is authored by analyst Francis Gaskins. Gaskins is a market analyst frequently seen on the nightly financial programs, and his report offers insight into past technology success stories while addressing present companies.
SmallCap Sentinel: Management Additions Boost Credibility
IRVINE, Calif., Oct. 23, 2006 (PRIMEZONE) -- "Additions to management teams can have a beneficial, two-prong effect for small cap companies," stated SmallCap Sentinel analyst D.R. Clark. "Not only does the company gaining the new executive clearly receive the benefit of a talented new officer or executive, but the implication can often be that those-in-the-know believe the company has potential."