latest news releases from the newsroom
Atlantis Business Development Corporation, Inc.
Atlantis Business Development Corporation Signs Investment Agreement With Ocean State Investments For Up to $5,000,000
MIAMI, March 11, 2005 (PRIMEZONE) -- Atlantis Business Development Corporation, Inc. (OTCBB:ATBD) signed an investment agreement with Ocean State Investments for up to five million dollars ($5,000,000) for the term of one year. Atlantis has already drawn one hundred thirty five thousand dollars ($135,000) of the 5 million dollars ($5,000,000) as of March 10, 2005 from Ocean State Investments. Atlantis plans to use some of the $5,000,000 for 727 Communications, a newly formed VOIP company by Atlantis, to grow and develop the company.
Busiest Month for Online Betting Begins
MONTREAL, March 11, 2005 (PRIMEZONE) -- March Madness is upon us, which signals the start of the busiest month for online gambling. BetUS.com announced the company will post odds on the 65 teams vying for the coveted NCAA Championship Sunday night and is already taking a slew of calls from gamblers hoping to cash in on early betting offers.
Timber Framers Guild
Timber Artisans to Frame Pavilion in Salem, OR
SALEM, Ore., March 11, 2005 (PRIMEZONE) -- Volunteers from around the world join with the Salem, OR, Rotary Club on riverfront project. Timber frame craftsmen and women from across the U.S., Canada and England will come to Salem, OR, in late April to raise a riverfront pavilion reminiscent of the great cathedrals of Europe.
AB Volvo Publishes Annual Report for 2004
GOTEBORG, Sweden, March 11, 2005 (PRIMEZONE) -- Today, Friday, March 11, AB Volvo publishes its Annual Report for 2004. The Report is available on Volvo's website, www.volvo.com, from 15 CET.
Interactive Motorsports and Entertainment Corp.
Interactive Motorsports Announces $1 Million in Fourth Quarter Earnings and Positive Earnings and Operating Profit for 2004
INDIANAPOLIS, March 11, 2005 (PRIMEZONE) -- Interactive Motorsports and Entertainment Corporation (OTCBB:IMTS) today announced 2004 fourth quarter net income of $1,088,901 on revenues of $2,369,249 compared to a net loss of $1,259,702 on revenues of $1,800,960 for the fourth quarter of 2003. Approximately $1.5 million of the 2004 revenue is attributable to the previously announced sale of 34 of its simulators to an unrelated third party. For additional information regarding the sale, see the Form 8K filed with the Securities and Exchange Commission on January 6, 2005.