latest news releases from the newsroom
Itec Environmental Group, Inc.
Itec Environmental Group's Riverbank Plant Begins Full Daily Operations and Initiates Sales of Recycled Plastic
OAKDALE, Calif., May 31, 2006 (PRIMEZONE) -- Itec Environmental Group, Inc., (the "Company" or "Itec") (OTCBB:ITECE) announced today that it has begun recycling operations at its plant located in Riverbank, California. After three (3) months of extensive equipment and product testing as well as several successful trial runs of its patented Eco2(tm) plastic recycling system, the Riverbank plant has begun operating eight (8) hours a day, five (5) days a week, producing 14,300 pounds of recycled PET flakes per day. Assuming the Company continues to achieve these production levels, the Company will achieve positive cash flow on a month to month basis.
New, Groundbreaking Study Demystifies Why Americans Tend to 'Try and Buy'
CERRITOS, Calif., May 31, 2006 (PRIMEZONE) -- Ever walked out of a store and wondered how you ended up buying some of the items in your bag? Mass Connections(R), the leader in retail and shopper marketing services, is continuing its strong investment in the retail industry with the May 1st release of its second marketing research study. Entitled "Touch America - The Shopper Connection," the independent analysis examines the various dynamics involved in shopper purchasing behavior and defines the fundamental nature of shopper marketing.
LogMeIn Now Available for New AMD LIVE! PCs
WOBURN, Mass., May 31, 2006 (PRIMEZONE) -- LogMeIn, Inc. announced today they are bringing their award-winning remote access service to customers through the AMD LIVE!(tm) Entertainment Suite, available today at www.amdlive.com.
Regional Business Press Gets the High Growth Picture at Imaging3
BURBANK, Calif., May 31, 2006 (PRIMEZONE) -- Imaging3(tm), Inc, (OTCBB:IMGG), developer of a breakthrough medical imaging device that produces 3D medical diagnostic images of virtually any part of the human body in real-time, today reports that the company was featured in an article late last week in the Los Angeles Times' regional business publication, the Burbank Leader. The company's CEO and VP of Sales were interviewed for the story which described the growth opportunities for the company's new real-time 3D medical imaging device, the Dominion(tm).
Quest Oil Corporation
Quest Sets 90 Day Production Goal for Texas Properties
SAN DIEGO, May 31, 2006 (PRIMEZONE) -- Quest Oil Corporation (OTCBB:QOIL) announced that based on the adoption of a proprietary capital allocation model that includes a "well prioritization schedule," Quest has established short-term production targets for its Texas properties. Quest's CEO, James B. Panther II stated, "Our model measures performance based on the effective cash requirements of new drilling and work over projects, along with the operational reliability of the respective region and production decline rates in order to calculate internal rates of return (IRR) that we believe are realistically achievable."
Metso to Supply a Tissue Machine to Nuqul Group in Jordan
HELSINKI, Finland, May 31, 2006 (PRIMEZONE) -- Metso Paper will supply a complete tissue machine to Nuqul Group in Jordan. The machine will be installed in the corporation's new Al Snobar mill in Amman, Jordan, and it is scheduled to start production during the fourth quarter of 2007. The market value of these types of tissue production lines ranges from EUR 15 million to EUR 20 million, depending on the scope of delivery and production output.