latest news releases from the newsroom
XsunX Licensed Process Completes Successful Test
ALISO VIEJO, Calif., March 13, 2006 (PRIMEZONE) -- XsunX, Inc. (OTCBB:XSNX), developer of Power Glass(tm) -- an innovative thin film solar technology that is intended to allow glass windows to produce electricity from the power of the sun, announced today that a patented reel-to-reel thin film manufacturing system, under license to XsunX, was used to successfully complete production of amorphous thin film silicon samples on rolls of plastic film. The sample film was produced using a development scale machine and the results of this process will be incorporated into the Company's first commercial scale system currently under construction.
NorthStar Realty Finance Corp.
NorthStar Realty Finance Announces Fourth Quarter and Fiscal Year 2005 Earnings Conference Call
NEW YORK, March 13, 2006 (PRIMEZONE) -- NorthStar Realty Finance Corp. (NYSE:NRF), an internally managed REIT that makes investments in commercial real estate debt, real estate securities and net lease properties, announced today that it will host a conference call to discuss fourth quarter and full year financial results for the period ended December 31, 2005 on Wednesday, March 15, 2006 at 5:00 p.m. Eastern time. Hosting the call will be David Hamamoto, President and Chief Executive Officer, and Mark Chertok, Chief Financial Officer and Treasurer. A press release with fourth quarter and fiscal year 2005 financial results will be issued after the market close on March 15, 2005.
Nuclear Solutions, Inc.
Future Fuels, Inc. and Startech Environmental Corp. form Global Strategic Alliance
WASHINGTON, D.C., March 13, 2006 (PRIMEZONE) -- Future Fuels, Inc. (FFI), a subsidiary of Nuclear Solutions, Inc. (OTCBB:NSOL), announced today the selection of Startech Environmental Corporation (OTCBB:STHK) (Startech) as its technology provider through a mutually exclusive global strategic alliance agreement. Startech manufactures an innovative, proven and proprietary Plasma Converter(tm) System, which will be used in FFI's facility to transform feedstock materials such as used tires, municipal solid waste and biomass into ethanol. The Startech Plasma Converter System quickly and cleanly transforms these feedstock materials into a gas rich in carbon, hydrogen and oxygen that is well suited for the production of ethanol through FFI's catalytic ethanol synthesis process. This integrated system will first be installed in FFI's Toms River, New Jersey 52 million gallon waste-to-ethanol production facility, for which FFI has already successfully secured land, environmental permits, feedstock sources suitable for conversion into ethanol, a ten year ethanol purchase contract, and preliminary approval for an $84 million bond authorization from the state of New Jersey.
Working Values Launches the 'Integrity Toolkit -- FastTrack'
HAWTHORNE, N.Y., March 13, 2006 (PRIMEZONE) -- Working Values(r) Ltd., a wholly owned subsidiary of SmartPros Ltd. (AMEX:PED) and a leading developer of values-based ethics and compliance training programs, today introduced its new Integrity Toolkit -- FastTrack(tm), a collection of interactive web-based tools to help organizations readily deploy and update integrated ethics and compliance training programs.
StockGuru.com Announces a New Executive Interview with David Logsdon of ClickPay Solutions
DALLAS, March 13, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has released a new exclusive executive interview with David Logsdon, the Chief Operating Officer and Chief Financial Officer of ClickPay Solutions, Inc. (Pink Sheets:CKPY). Mr. Logsdon discusses recent developments at the company, including the Letter of Intent to acquire SimpleCash Funding as well as ClickPay Solutions' future plans of growth into new products and markets that enhance the company's current competencies.
Horizon Offshore Inc.
Horizon Offshore Completes $77 Million Refinancing
HOUSTON, March 13, 2006 (PRIMEZONE) -- Horizon Offshore, Inc. (OTCBB:HOFF) announced today that it has entered into a $77.4 million secured term facility agented by The CIT Group/Equipment Financing, Inc. (the CIT Group). The credit facility has a five year term and bears interest at LIBOR plus 4.5% per annum. The credit facility is payable in monthly installments of $0.9 million, plus interest, for the first 24 months beginning March 31, 2006 and $0.6 million, plus interest, for the next 35 months, with the remaining principal and unpaid interest due at maturity in March 2011.
NorthStar Realty Finance Corp.
NorthStar Realty Finance Announces $50 Million Private Placement of Trust Preferred Securities
NEW YORK, March 13, 2006 (PRIMEZONE) -- NorthStar Realty Finance Corp. (NYSE:NRF) announced today that the Company completed a private placement of $50 million of trust preferred securities through its subsidiary, NorthStar Realty Finance Trust IV. The proceeds from the private placement will primarily be used to repay existing short-term, floating rate debt and provide the Company with liquidity to finance existing and future investments in its real estate debt, real estate securities and net lease businesses.