latest news releases from the newsroom
Vestin Group, Inc.
Vestin Group Revalues Vestin Fund III
LAS VEGAS, Nov. 11, 2004 (PRIMEZONE) -- Vestin Group Inc. (Nasdaq:VSTN) today announced that Vestin Mortgage has completed its annual valuation of the assets of Vestin Fund III, LLC as required by the Fund's Operating Agreement. Based upon such valuation, the value of members' capital accounts has been increased to $10.30 per unit from $10.00 per unit. The valuation of the capital accounts is determined on a tax accounting basis and will differ from the approximate unit value of $10.04 per unit as calculated under GAAP and as reflected in the Fund's September 30, 2004 financials. Until the next valuation, Vestin Fund III units will be sold at $10.30 per unit.
Integrated Software Development
Integrated Software Development Announces Software Compatibility With Latest Version of SAP Business One
KIRYAT BIALIK, Israel and LAS VEGAS, Nov. 11, 2004 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Pink Sheets:ITDJ), a provider of enterprise software aimed at small and medium sized enterprises (SME), announced today that following rigorous testing, its software solution, BENEFIT, is compatible with latest version of SAP(r) Business One. This compatibility means that BENEFIT effectively complements the Business One functionality, and when used together, these two products provide a more comprehensive enterprise solution to the SME market.
CLX Investment Company
CLX Investment Company Receives $5 Million Financing Commitment
TEMECULA, Calif., Nov. 11, 2004 (PRIMEZONE) -- CLX Investment Company, Inc. (OTCBB:CLXN) today announced that it has received a $5 million equity financing commitment arranged through Compass Capital Group, a New York-based private investment firm. The financing is designed to allow the Company to implement a number of strategic corporate initiatives, primarily the identification and acquisition of revenue-generating companies to build value in the CLX Investment portfolio.
View Systems Inc.
View System's Secure Scan Portal Featured on Fox News at M&T Bank Stadium
BALTIMORE, Nov. 11, 2004 (PRIMEZONE) -- View Systems, Inc. (OTCBB:VYST), a front line security and surveillance company, today announced FOX News conducted and aired a segment showcasing the company's Concealed Weapons Detection Portal, Secure Scan, in operation at M&T Bank Stadium in Baltimore, Maryland for three days prior to the football game on Sunday night between the Baltimore Ravens and Cleveland Browns.