latest news releases from the newsroom
Vales Consulting Group LLC
Business Process Outsourcing Expert Joe Vales Named 2005 HR Outsourcing Thought Leader of the Year
NEW YORK, April 19, 2005 (PRIMEZONE) -- Joseph Vales, Senior Partner of the Vales Consulting Group and one of the first and foremost champions of business process outsourcing (BPO), was named Thought Leader of the Year for the HR outsourcing (HRO) industry by the Human Resources Outsourcing Association (HROA) and HRO Today magazine at the annual HRO Industry Awards dinner, held April 12, 2005 in New York. The awards ceremony, part of the New York HR Week and the 3rd Annual HRO World Conference and exhibition, honored HR outsourcing services providers, customers, advisors and other industry leaders for their exceptional contributions to the advancement of HR outsourcing.
CDMA Development Group
CDMA2000 Operators Lead in Introducing 3G Services in Latin America and the Caribbean
RIO DE JANEIRO, Brazil, April 19, 2005 (PRIMEZONE) -- At the 2005 CDMA Latin America Regional Conference taking place in Rio de Janeiro this week, the CDMA Development Group (CDG) (www.cdg.org) reported that CDMA2000(R) operators continue to be leaders in bringing advanced voice and data services in Latin America and the Caribbean. With advantages in network capacity and high-speed data capabilities, they are growing their subscriber base rapidly and introducing a broad range of data services at a lower cost than their competitors. Their success is contributing to the rapid growth of CDMA in the region; the CDMA base is expanding more than 30% per year and the subscriber base will surpass TDMA soon.
Impala Platinum Holdings Ltd.
Senior Appointments at Implats
JOHANNESBURG, South Africa, April 19, 2005 (PRIMEZONE) -- Impala Platinum Holdings Limited (Implats) (Pink Sheets:IMPUY) (Other OTC:IMPAF) (JSE:IMP) (LSE:IPLA) (ADRS:IMPUY)is pleased to announce two senior appointments within the company:
Energy Vision International
Modern Technology Corp. Portfolio Company Sound City to Add New Retail Location
OXFORD, Miss., April 19, 2005 (PRIMEZONE) -- Modern Technology Corp. (OTCBB:MOTG), a diversified Business Development and Acquisition company with assets and revenues in excess of $17 million, announced today its portfolio company, Sound City, will open a new retail location. The new retail operation is part of the continuing and rapid expansion plans for 2005. The new location is anticipated to add $1.5 million to $3 million in revenues to MOTG operations annually, expanding internal revenue growth from fiscal 2004 revenues of $10 million by up to 30%. Further growth in revenues from operations and planned retail acquisitions from the Consumer Electronics sector of the MOTG portfolio are expected to generate in excess of $25 million in 2005. This revenue estimate does not include revenues from MOTG's other planned sector acquisitions throughout 2005, expected to be in excess of $50 million. As of June 30, 2004, MOTG revenues exceed $10,000,000. As of January 25, 2005, MOTG's cash position was $617,587 and total assets of $7,012,631 and positive Shareholder Equity of $1,466,499 with approx. 15 million shares issued and outstanding and only 1.2 million shares in the public float.
Integrated Camera Optics, Corp.
Infotex Holdings, Inc. Announced Today that it is in Negotiations to Purchase Medical Messenger, Inc.
BOYNTON BEACH, Fla., April 19, 2005 (PRIMEZONE) -- Infotex Holdings, Inc. (Pink Sheets:IFXH) has entered into negotiations with Medical Messenger, Inc., based in Boynton Beach, FL. Medical Messenger is an electronic medical records company specializing in the portability of medical records. The company has developed an end-to-end electronic records system that places a mirror image of the patient's records on an electronic storage device and at the remote storage facility in Atlanta, GA.