latest news releases from the newsroom
NearbyNow Launches New Mobile Search Service for Shopping Malls
MOUNTAIN VIEW, Calif., Dec. 11, 2006 (PRIME NEWSWIRE) -- NearbyNow, Inc. today announced the availability of its new mobile search service that allows consumers to find any product, brand or sale in a shopping mall simply by sending a text message. By typing their request into their mobile phone, consumers can easily find the nearest store that sells "skinny jeans" or "men's shoes on sale." This service makes the promise of location-based mobile advertising a reality just in time for the holidays, and provides retailers a way to reach out to nearby shoppers who are looking specifically for items they offer.
Hexagon Metrology, Inc.
Leica Geosystems Awarded Sales Contract From Cessna Aircraft Company
WIXOM, Mich., Dec. 11, 2006 (PRIME NEWSWIRE) -- Leica Geosystems, a Hexagon Company, announced today Cessna Aircraft Company, a Textron (NYSE:TXT) company, has signed a sales contract for eight portable Leica CMM systems used for industrial measurement and inspection. The acquisition consists of four Leica LTD840 laser trackers, and four Leica LTD640 laser trackers. Cessna (Wichita, KS) is the world's largest manufacturer of general aviation airplanes. Leica Geosystem's 3D coordinate measurement systems are used by manufacturers worldwide in the aerospace, automotive, and shipbuilding industries.
WW Energy Inc.
WW Energy Inc. Issues Special Dividend to Shareholders
FARMINGTON, N.M., Dec. 11, 2006 (PRIME NEWSWIRE) -- WW Energy Inc. (Pink Sheets:WWNG) announces a special dividend to its shareholders of record as of January 2, 2007. This special dividend represents 10% of WW Oil and Gas Inc. which is a subsidiary of WW Energy and is not a publicly traded company. The dividends will be payable on January 30, 2007. The special dividend will be mailed out to WW Energy Inc. shareholders without any action(s) required by qualifying recipients.
Axium Technologies, Inc.
Axium Technologies Executes Various Contracts Worth Millions in Revenue in Las Vegas Financial and Gaming Sectors
PASADENA, Calif., Dec. 11, 2006 (PRIME NEWSWIRE) -- Axium Technologies, Inc. (Pink Sheets:AXGI) is pleased to announce that R2W, Axium's representative in Las Vegas, has recently executed contracts to provide a total security and surveillance solution to Silver State Schools Credit Union (SSSCU), one of the largest credit unions in Nevada, with 18 locations in and around Las Vegas. The solution includes installation of cameras and DVR monitoring equipment in all 18 SSSCU locations and in three new locations scheduled to open next year. The solution allows for local or centralized monitoring of each facility. The Axium solution was chosen for superior design, picture quality and low maintenance. The Axium solution allows for storage of 90 days of images without the need to do additional maintenance required by VHS and other solutions. SSSCU believes that the savings in storage and maintenance costs alone make this a cost-effective solution, with the capital cost anticipated to be recovered by SSSCU in the first 12 months. It is expected that this project alone will yield between $1.0 and $1.2 million in revenue to Axium within the next 12 months.
MEDirect Latino, Inc.
MEDirect Latino Inc. Announces Closing of $8,250,000 Institutional Financing
POMPANO BEACH, Fla., Dec. 11, 2006 (PRIME NEWSWIRE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, announced today that it had completed a $8,250,000 secured convertible promissory note financing with Granite Creek FlexCap I, L.P. of Chicago, Illinois; St. Cloud Capital Partners, L.P. of Los Angeles, California; and additional private investors.
FierceEnterprise Rebrands as 'DailyTechRag'
WASHINGTON, Dec. 11, 2006 (PRIME NEWSWIRE) -- FierceMarkets (www.fiercemarkets.com) today announced that FierceEnterprise has rebranded as DailyTechRag (http://www.dailytechrag.com) to reflect the publication's evolution from a focus on enterprise software to an all-in-one briefing for all IT professionals. Mehan Jayasuriya remains editor of the publication, which launched in 2001 and currently has more than 20,000 subscribers.