latest news releases from the newsroom
Friendly Energy Corporation
Friendly Energy Commences Joint Venture
CARSON CITY, Nev., April 10, 2006 (PRIMEZONE) -- Friendly Energy Corp. (Pink Sheets:FDEG) announces today that, through a wholly owned subsidiary, it has advanced the first joint venture payment of $32,000.00 to its JV partner. The company, through its joint venture partner, has acquired a 50% working Interest, with a 44% Net Revenue Interest for the development of the Asher Prospect -- located within eight miles of Friendly Energy's main development prospect, the Peach Creek West Prospect in Central Oklahoma.
EYI Industries Inc
EYI Subsidiary Signs Letter of Intent with Philippines
BURNABY, British Columbia, April 10, 2006 (PRIMEZONE) -- EYI Industries Inc. ("EYI") (OTCBB:EYII), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that its wholly owned subsidiary Essentially Yours Industries (International) Limited ("EYIINTL"), has signed a non-binding Letter of Intent ("LOI") with Raul Bautista and Rommel Panganiban (the "Bautista Group") to act as managing partners and distributors for the Philippines. The LOI is subject to, among other things, the entry into a definitive agreement between the parties on or before July 1, 2006. There are no assurances that this transaction will be completed.
Marel Food Systems
Marel hf Expands its Market Shares by Acquiring AEW Thurne and Delford Sortaweigh
GARDHABAER, Iceland, April 10, 2006 (PRIMEZONE) -- Marel hf announces the acquisition of U.K. based AEW Thurne (AEW) and Delford Sortaweigh (Delford) from the AEW Delford Group Ltd. This is Marel's first strategic move to implement its new target of becoming a leading global manufacturer of food processing equipment, and to triple annual revenues over the next 3 to 5 years. AEW Thurne and Delford Sortaweigh will be operated under the name AEW Delford Systems Ltd., after the acquisition.
Habanero Resources Inc.
Habanero Acquires Three New Athabasca Oil Sands Leases
VANCOUVER, British Columbia, April 10, 2006 (PRIMEZONE) -- Habanero Resources Inc. (Pink Sheets:HBNRF) (TSX-V:HAO) (Frankfurt:HRJ) ("Habanero") is extremely pleased to announce that it has acquired three new Athabasca Oil Sands leases in Alberta, Canada. These new leases were acquired through the recently announced Oil Sands Partnership (announced February 27, 2006) of which Habanero has a 25% working interest. The three leases are comprised of four sections, for a total of 1,024 hectares, as follows:
VioQuest Pharmaceuticals to Present at BIO 2006 in Chicago
BASKING RIDGE, N.J., April 10, 2006 (PRIMEZONE) -- VioQuest Pharmaceuticals, Inc. (OTCBB:VQPH), a New Jersey-based biopharmaceutical company focused on acquiring, developing and commercializing targeted cancer compounds, will present at the BIO 2006 Annual International Convention on Wednesday, April 12th, at 9:15 AM (CT) in Room A of McCormick Place South, Level 3, Exhibit Hall A. The event, which is expected to feature more than 1,600 exhibitions and over 18,000 expected attendees, will be held at The McCormick Place Convention Center in downtown Chicago from April 9 through 12, 2006.
Clean Hydrogen Producers, Ltd.
EPP Secure Launches SIVE Secure Internet Value Exchange Platform; Management Expects Licensing Revenues for the Product to Increase 273 Percent Over Three Years, Reaching Over US$10 Million in Year Four
TORONTO, April 10, 2006 (PRIMEZONE) -- American Associates Group, Inc. (Pink Sheets:AASG) having recently acquired EPP Secure proudly announces the April release of SIVE. SIVE is a unique, patent pending internet-based stored-value (debit) platform allowing online merchants and marketers, card issuers, membership organizations, internet auctions, network marketers, and others the ability to offer clients instant individual accounts online. Funded securely from client bank accounts or via credit cards, SIVE's open object architecture, .net infrastructure and multi-functional web services interface allows the platform to be quickly customized in terms of branding, appearance and functionality to support a wide variety of applications from Virtual Gift Card or Physical Gift Card Solutions to private person to person funds exchange. The system is designed to connect to Electronic Funds Transfer (EFT) networks in East Asia, Europe, Central and South America.
Blue Cross and Blue Shield of Florida Selects Avolent for Electronic Billing Solution
SAN FRANCISCO, April 10, 2006 (PRIMEZONE) -- Avolent announced today that Blue Cross and Blue Shield of Florida (BCBSF) is implementing Avolent's Interactive, Self-Service Electronic Billing and Payment software as the framework for the company's Consolidated Billing Presentment and Payment application (CBPP). Avolent's eBilling software will enable BCBSF customers to manage their accounts, review and reconcile bills and statements, and initiate and track payments, which ultimately will improve customer service, reduce costs and create a competitive advantage for BCBSF.
Aceva Launches Version 6.0 Aimed at Driving Improved Enterprise Cash Flow Performance Management
SAN FRANCISCO, April 10, 2006 (PRIMEZONE) -- FEI Summit -- Aceva Technologies, a leading provider of enterprise applications for performance management of receivables and cash flow, today announced the availability of Aceva version 6.0. Addressing the need for companies to better manage their cash flow, version 6.0 combines advanced forecasting and search capabilities with full global support to ensure that users have the critical insight necessary to drive down days sales outstanding (DSO) and improve cash management -- two key metrics to increasing working capital performance. In addition, with complete localized support, the new release enables global companies to easily roll-out a working capital solution to its regional offices worldwide, while still maintaining enterprise-wide visibility and control.