latest news releases from the newsroom
Transmeridian Exploration, Inc.
Transmeridian Receives Key Approval In Negotiation of Production Contract
HOUSTON, Feb. 2, 2005 (PRIMEZONE) -- Transmeridian Exploration, Inc. (OTCBB:TMXN) today announced that the State Committee of Reserves (SCR) of the Republic of Kazakhstan has approved commercial reserves for development and exploitation of the South Alibek Field. This approval provides the Company with the basis to finalize the terms of a Production Contract relating to this portion of the field with the Ministry of Energy and Mineral Resources. The Company expects the production contract, which is subject to customary reviews by various governmental committees, to be completed within approximately three months. The Government has assessed a commercial bonus of $1.2 million based on the SCR reserves audit as provided under the country's Petroleum Code.
Limelight Media Group Inc
Limelight Media Group Listed on Regulation SHO Threshold Limit List Posted by NASDAQ
MEMPHIS, Tenn., Feb. 2, 2005 (PRIMEZONE) -- Limelight Media Group, Inc (OTCBB:LMMG) announced today that the company's stock is still listed on the NASDAQ SHO Threshold Limit List which lists publicly traded companies with unresolved short sale positions, known as "failed deliveries," in a company's stock. The company's stock has appeared on the SHO Threshold Limit List for the past two weeks and has acquired a designation that denotes a mandatory resolution of the failed delivery positions is required.
INFINITE Software Corporation
Renault Signs Contract for California Software's INFINITE Product Series
SAN CLEMENTE, Calif., Feb. 2, 2005 (PRIMEZONE) -- California Software Corporation (Pink Sheets:CSWX), a leader in Legacy Extension, Business Intelligence and loan production software for banks, credit unions and consumer lending institutions and developer of the INFINITE product line, announced today it has finalized an agreement for French auto maker, Renault to acquire its INFINITE product family.
ActiveCore Technologies, Inc.
ActiveCore Technologies Announces Improved Offer to Purchase Assets of Infolink Technologies Ltd.
TORONTO, Feb. 2, 2005 (PRIMEZONE) -- ActiveCore Technologies, Inc. formerly IVP Technology Corporation (OTCBB:TALL) announced today that its board of directors has approved the issuance of an offer valued at CAD $3,000,000, consisting of half cash and half in the form of common stock of ActiveCore for the assets of Infolink Technologies Ltd. (IFL-X). The offer was delivered during the last week of January, 2005 and was addressed to the independent directors of Infolink, a public company that trades on the Toronto Stock Exchange Venture Exchange.
Knobias, Inc. Launches New Web Site
RIDGELAND, Miss., Feb. 2, 2005 (PRIMEZONE) -- Knobias, Inc. (OTCBB:KNBS) is proud and pleased to announce the launch of its completely updated and improved web site. The new "front end" at http://www.knobias.com has been completely redesigned and enhanced to allow users to see product offerings that are available and intended for specific markets.