latest news releases from the newsroom
StockGuru.com Announces Profile Coverage of StarInvest Group
DALLAS, March 1, 2005 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the the web site has initiated Profile Coverage of StarInvest Group, Inc. (OTCBB:STIV). StarInvest Group is a publicly traded Business Development Company (BDC) located in New York City. StarInvest has initiated a strategy to create value for shareholders by investing in emerging companies that are positioned for strong industry growth or that have business models with strong cash flow potential. In addition to structuring financing requirements, StarInvest provides managerial assistance and strategic links between the Portfolio Companies enabling them to maximize their resources for marketing, business development, administration, public listing planning, and realization of their goals.
Omni Alliance Group, Inc.
Omni Alliance Group Signs Letter of Intent with Active Grid Technology
ORLANDO, Fla., March 1, 2005 (PRIMEZONE) -- Omni Alliance Group Inc. (Pink Sheets:OMNA) is pleased to announce that they have signed a letter of intent to form an alliance with Active Grid Technologies (AGT), Inc. in which they will be receiving rights to a patent pending technology. The technology will increase the electric drive train's efficiency by 'adapting the batteries performance' to its environment rather than accepting the batteries performance 'as is.' In addition, application of its technologies significantly reduces the batteries' degradation over life. This method of control will ultimately solve several of the issues currently plaguing the energy storage industry.
Energy Vision International
Modern Technology Corp. Issues Update on Portfolio Company DeMarco Energy Systems of America, Inc.
OXFORD, Miss., March 1, 2005 (PRIMEZONE) -- Modern Technology Corp. (OTCBB:MOTG), a business development and acquisition company, announced today that its portfolio company, DeMarco Energy Systems of America (Pink Sheets:DMES) has initiated its renewed and expanded business plan. This expanded plan addresses the ever-increasing world-wide demand for alternate energy and energy-saving technologies. As part of DeMarco's rapid growth plan to expand operations, revenues, and build significant stockholder equity, DeMarco plans to acquire energy-related companies to consolidate operations and introduce new technologies and energy-related products into the marketplace. DeMarco is also focusing efforts to license its patented energy-saving geothermal technologies throughout the world.
Raven Moon Entertainment, Inc.
Raven Moon Entertainment Signs Hamlin Marketing Group to Represent the "Gina D's Kids Club" Brand
ORLANDO, Fla., March 1, 2005 (PRIMEZONE) -- Raven Moon Entertainment, Inc. (OTCBB:RVNM) announced today that they have signed an agreement with the Hamlin Marketing Group to represent the GINA D'S KIDS CLUB brand to potential licensees in the manufacturing and retail industries. Raven Moon Entertainment will be joining an impressive client list which includes Kmart, Sears, Starbucks, the WB, Mattel, Viacom, Zenith, and Wrangler Jeans, among others.
ALCO Stores, Inc.
Duckwall-ALCO Stores, Inc. Announces Corporate Initiatives for Fiscal 2006
ABILENE, Kan., March 1, 2005 (PRIMEZONE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) announces that at a special meeting held February 25, its Board of Directors affirmed a number of initiatives presented at an earlier meeting held November 18, 2004. In addition, the Board of Directors approved additional initiatives designed to substantially improve performance of the Company for its shareholders.
PlanetLink Communications Inc.
PlanetLink Communications Licenses Sales of TransTRAK to Its Development Partner Karta Technologies, Inc.
CUMMING, Ga., March 1, 2005 (PRIMEZONE) -- In an effort to expand and accelerate distribution of its TransTRAK(tm) GPS Fleet Management products, PlanetLink Communications Inc. (OTCBB:PLKC), a provider of satellite-based products and services, announced today that it has reached a licensing agreement with Karta Technologies, Inc. PlanetTraks is forging ahead with its own marketing and sales strategy, which will be complemented by Karta's efforts. Karta currently leads the Research and Development effort for PlanetLink's GPS-based products and services and will continue to act as the Company's primary R&D provider.