latest news releases from the newsroom
Stratus Services Group, Inc.
Stratus Services Group, Inc. Reports Profitable Results for Three Months Ended June 30, 2006
MANALAPAN, N.J., Aug. 17, 2006 (PRIMEZONE) -- Stratus Services Group, Inc. (OTCBB:SSVG), the SMARTSolutions(tm) Company (the "Company" or "Stratus"), a leading provider of technology staffing and technology productivity consulting today reported that the Company has returned to profitability and had net earnings attributed to common stockholders at $8,987 for the three months ended June 30, 2006. Revenues for the three months ended June 30, 2006 increased to $1,282,074 from $1,180,222 for the comparative 2005 quarter, an increase of almost 9%. Joseph J. Raymond, CEO commented, "We believe the results of the June ending quarter validates that our new business model is working as planned. In just our first full quarter from "transitioning" our old model, we were able to post net profitability. We have done this with higher margin business and strict cost controls. It still remains imperative that we continue working with our creditors so that the Company has ample time to get healthy once again. Hopefully, our creditors will see that by staying the course, the healthier the Company gets, the better our position to satisfy the debt. However, the Company gives no assurances that favorable solutions can be worked out."
First Equity Group
StockMarketNewsAlert.com Issues Trade Alert -- CDC Corp.
DEERFIELD BEACH, Fla., Aug. 17, 2006 (PRIMEZONE) -- CDC Corp. (Nasdaq:CHINA) is new to StockMarketNewsAlert.com. According to M. D'Alonzo at First Equity Group, Inc., "Recent news flow from the company has been very positive. The company reported that Online game and Internet service provider, China.com Inc., would form a strategic partnership with Google Inc. (Nasdaq:GOOG) on search engine technology, branding and advertising."
Renewable Energy Resources, Inc.
Internal Hydro Makes $30,000 Unit Sale for Oil Field Production Use
TAMPA, Fla., Aug. 17, 2006 (PRIMEZONE) -- Internal Hydro International Inc. (OTCBB:IHDR) (www.InternalHydro.com) announces the entry of its low impact hydro units for use in the crude oil and gas exploration segment, by sale of a 30 Kilowatt low impact hydro unit to Greater Sooner Holdings, Inc. of Houston, Texas. The sale of the unit is for a $30,000 unit purchase price, and will be used at an operational well field to offset diesel generator use, and potentially supply nearby residences near the leaseholds. The use of a low flow 30 Kilowatt Energy Commander to help power an existing oil field operation will benefit both companies since it shows the expansive market for IHDR's Energy Commander in the oil and gas segment, and shows Greater Sooner's commitment to environmentally friendly alternative sources to supply energy needed to produce fossil fuels.
ON24 Convenes First Annual Client Advisory Board Meeting
SAN FRANCISCO, Aug. 17, 2006 (PRIMEZONE) -- ON24 Inc., the global leader in webcasting and video communication solutions, convened the first annual Customer Advisory Board meeting on August 10th at its corporate headquarters in San Francisco. Attending the conference were marketing executives representing a variety of industry sectors across ON24's direct client base, including Cardinal Health, Cisco Systems, Deloitte, Hewlett-Packard, IBM, IMD, Motorola and US Telecom.
CON-SPACE Communications Ltd.
CON-SPACE Adds to U.S. Staff
RICHMOND, British Columbia, Aug. 17, 2006 (PRIMEZONE) -- CON-SPACE Communications Ltd. (TSX-V:CCB) (con-space.com) is pleased to announce the addition of Mark Entzminger, a specialist in Land Mobile Radio, who will play a major role in the Company's plans to address this specific Industry.