latest news releases from the newsroom
Shazamstocks.com Announces Profile Launch of EGPI Firecreek Inc.
GRANGER, Ind., Feb. 10, 2005 (PRIMEZONE) -- Ken Weiner, Publisher of Shazamstocks.com, today announced profile coverage of EGPI Firecreek Inc. (OTCBB:EFCR). The Profile is a comprehensive look at the company's subsidiaries and locations. You can view the complete profile at http://profiles.shaazamstocks.com/efcr/index.htm
Megola Announces Completion of Acquisition of UV Innovations Inc.
CORUNNA, Ontario, Feb. 10, 2005 (PRIMEZONE) -- Megola Inc. (OTCBB:MGOA), a leading solution provider in physical water treatment, microbiological control, wastewater treatment and air purification, announced that it has completed its acquisition of UV Innovations Inc. (UVI). The acquisition gives Megola exclusive rights to all of UVI's intellectual property, including its commercial and residential lines of ultraviolet (UV) air and water disinfection units, which will compliment Megola's existing air and water treatment products. The company originally announced that it had signed a letter of intent concerning this acquisition in mid-December 2004.
Apria Healthcare Group Inc.
Apria Healthcare Announces 2004 Fourth Quarter and Year-End Financial Results
LAKE FOREST, Calif., Feb. 10, 2005 (PRIMEZONE) -- Apria Healthcare Group Inc. (NYSE:AHG), the nation's leading home healthcare company, today announced its financial results for the quarter and fiscal year ended December 31, 2004. Revenues were $376.4 million in the fourth quarter, a 5.7% increase over revenues of $356.3 million for the comparable period in 2003. Net income for the fourth quarter was $27.3 million or $.55 per share (diluted), compared to $29.9 million or $.58 per share for the fourth quarter of 2003. Revenues for the year ended December 31, 2004 were $1,451 million, a 5.1% increase over 2003 revenues of $1,381 million. Net income for 2004 was $114.0 million or $2.27 per share, compared to $116.0 million or $2.15 per share in 2003.
Timeline Reports Fiscal 2005 Third Quarter Profit
BELLEVUE, Wash., Feb. 10, 2005 (PRIMEZONE) -- Timeline, Inc. (OTCBB:TMLN) today reported that strong growth in license and maintenance fees and lower operating costs contributed to its profitable fiscal third quarter and produced positive operating cash flow for the quarter. The company generated net income of $51,000, or $0.01 per share, in its fiscal 2005 third quarter ended December 31, 2004, compared to a loss of $201,000, or $0.05 per share, in the third quarter of fiscal 2004. Total revenue increased 10% to $947,000, compared to $863,000 for the year ago quarter on higher license and maintenance fees. For the first nine months of fiscal 2005, the company lost $477,000, or $0.11 per share, compared to a loss of $471,000, or $0.11 per share, in the year ago period.
VentureNet Capital Group, Inc.
Venture Net Capital Group, Inc. Announces Completion of its New Website
TEMECULA, Calif., Feb. 10, 2005 (PRIMEZONE) -- Venture Net Capital Group, Inc. (Pink Sheets:VNTN) (www.vntrnet.com) announces completion of its comprehensive new website offering an even broader scope of services. VentureNet Capitial Group, Inc. is in the business of creating value for companies in high technology, Internet services, healthcare, apparel and consumer goods, among others. We specialize in helping with funding pre-public businesses that represent emerging growth opportunities as well as established companies that demonstrate potential for long-term capital growth facilitated by public ownership.
TalkingStocks.com Issues a Profile Report on Giant Motorsports Regarding New Financing Subsidiary
DALLAS, Feb. 10, 2005 (PRIMEZONE) -- John Pentony, Publisher of TalkingStocks,com, announced that TalkingStocks.com has issued a Profile Report on Giant Motorsports, Inc. (OTCBB:GMOS) and its new wholly-owned subsidiary, Giant Motorsports Acceptance Group, Inc., a finance subsidiary formed to attempt to provide direct financing to purchasers of the Company's motorcycles and other powersports products. The report is authored by Jeff Bishop, Senior Analyst for TalkingStocks.com.
Pergo's Restructuring Project Goes According to Plan
STOCKHOLM, Sweden, Feb. 10, 2005 (PRIMEZONE) -- As part of Pergo's restructuring project, the company has started Swedish Codetermination Act negotiations at the Perstorp site about letting 60 employees go. As previously announced 120 employees will leave Pergo, through notice of termination and normal resignation. The project is running according to plan.
Thinkpath Inc. Closes Design/Build Project
TORONTO, Feb. 10, 2005 (PRIMEZONE) -- Thinkpath Inc. (OTCBB:THTHF), a global provider of technological solutions and services in engineering knowledge management, today announced they had secured an order worth $350,000 to design, automate and build a "Special Purpose Material Handling Line" for a Tier 1 Automotive partner.