latest news releases from the newsroom
The EcoPlus Alternative Fuel Requires No Farm-Raised Feedstock
CHARLOTTE, N.C., Dec. 6, 2006 (PRIME NEWSWIRE) -- EcoPlus, Inc. (Pink Sheets:ECPL) has confirmed that the alternative fuel product from the EcoPlus process requires no direct contribution from virgin vegetable fats or oils. This means that deployment of the EcoPlus process has no consequences in terms of deforestation, damaged watersheds, or reduced animal habitats resulting from land clearing for farming of feedstock oils for renewable energy sources. This is in contrast to widespread environmental damage noted in a front page Wall Street Journal article yesterday (December 5, 2006), which showcased the pervasive negative fallout from increased agricultural cultivation for biofuels usages.
Key Gold Corp.
Key Gold Acquires Interests in Uranium Properties in Argentina and Raises Private Equity
BOULDER, Colo., Dec. 6, 2006 (PRIME NEWSWIRE) -- Key Gold Corporation (OTCBB:KYGC) is pleased to announce that it has acquired from Somuncurah SRL, an Argentine entity, a four-year option to purchase certain uranium properties located in the province of La Rioja, Argentina, for an aggregate purchase price of approximately $3.6 million. The properties consist of seven groups of uranium exploration properties covering an aggregate area of 29,950 hectares. The properties are located in proximity with other exploration properties currently being explored by other companies or in proximity with properties previously claimed by the Argentine National Commission of Atomic Energy (C.N.E.A.).
HiEnergy Technologies, Inc.
HiEnergy Technologies and Bartlett Services Enter Into Teaming Agreement
IRVINE, Calif., Dec. 6, 2006 (PRIME NEWSWIRE) -- HiEnergy Technologies, Inc. (OTCBB:HIET), the homeland security industry leader in neutron-based diagnostic technology, announced today that it has entered into a teaming agreement with Bartlett Services, Inc., one of the nation's leading nuclear services company. Pursuant to the non-exclusive agreement, HiEnergy and Bartlett Services intend to identify and jointly bid for federal, state, and local government solicitations as well as jointly pursue business opportunities in which they may combine their complementary but unique industry experience and capabilities. The focus of the teaming activities will be on explosive detection and radiation safety, monitoring and screening in the sectors of mass transit security, port security, harbor security, and critical infrastructure protection, such as the nation's nuclear power plants.
Blyth, Inc. Comments on Full Year Fiscal 2007 and Fiscal Year 2008 Outlook
GREENWICH, Conn., Dec. 6, 2006 (PRIME NEWSWIRE) -- Blyth, Inc. (NYSE:BTH), a leading designer and marketer of home fragrance and home decor products, today commented on its outlook for fiscal year 2007 and expectations for fiscal year 2008. For fiscal year 2007, Earnings Per Share are expected to be a loss in the range of $2.50 to $2.60. This estimate includes the effect of a goodwill impairment charge of $0.65 per share recorded in the second quarter, an estimated $2.80 per share loss on the sale and discontinued operations of Blyth's European Wholesale businesses and restructuring charges in the North American Wholesale mass channel home fragrance business of approximately $0.30 to $0.35 per share. Excluding the effect of the aforementioned items, fiscal year 2007 Earnings Per Share are expected to range from $1.20 to $1.25. Cash flow from operations of approximately $80 million for the full fiscal year is anticipated. Capital spending of approximately $20 million is also expected for fiscal year 2007.
Tix Corporation Announces That November 2006 Revenues are the Highest in Its History
STUDIO CITY, Calif., Dec. 6, 2006 (PRIME NEWSWIRE) -- Tix Corporation (OTCBB:TIXC) (the "Company") is pleased to announce that its Las Vegas half-price, same day ticket business, Tix4Tonight, exceeded its previous all-time monthly sales record in dollar value of ticket sales by $242,000 in November 2006. The Company realized a 157% increase in dollar volume of ticket sales for November 2006 to $2,669,000, as compared to $1,038,000 for November 2005. Tix4Tonight's 2006 year-to-date ticket sale revenue for the period January 1, 2006 through November 30, 2006 has increased by 127% over the comparable period in 2005.
IdeaBlade Extends Web Services Support With DevForce 3.3
EMERYVILLE, Calif., Dec. 6, 2006 (PRIME NEWSWIRE) -- IdeaBlade, Inc, a leading provider of enterprise application development tools for the Microsoft .NET Framework, today announced a major new release of the DevForce Productivity Suite, IdeaBlade's flagship solution. DevForce 3.3 extends support for web services and service-oriented architectures (SOA), simplifies user interface development and introduces advanced application customization capabilities. DevForce's enterprise application framework, tools and application servers enable ISVs and enterprises to bring Internet-enabled applications to market more quickly and at a lower cost.
Blyth, Inc. Reports 3rd Quarter Sales and Earnings
GREENWICH, Conn., Dec. 6, 2006 (PRIME NEWSWIRE) -- Blyth, Inc. (NYSE:BTH), a leading designer and marketer of home fragrance and home decor products, today reported that Net Sales for the third quarter ended October 31, 2006 declined 9% to $297.9 million from $328.5 million a year earlier. Included in last year's results was $20.3 million of sales from Impact Plastics, which was sold at the end of the fourth quarter last year. Accordingly, excluding the effect of Impact Plastics, third quarter sales declined 3% versus last year primarily due to lower comparable sales in the North American Direct Selling and Wholesale home fragrance markets. International sales represented 20% of total sales in the third quarter this year versus 16% last year, reflecting strong growth in several of PartyLite's international markets.
Dean NYC Makes Major Acquisition Adding Marketing Insights, Inc.
NEW YORK, Dec. 6, 2006 (PRIME NEWSWIRE) -- Dean NYC, an agency specializing in all aspects of strategic brand marketing and communication, announced today the acquisition of Marketing Insights, Inc., a leading marketing research and brand advisory company headed by veteran marketing consultant Karen Dubinsky. She will hold the title of Chief Branding Officer.
D Mecatronics Inc.
D Mecatronics Inc. Updates Investment Community About Its Industry Niche
MISSISSAUGA, Ontario, Dec. 6, 2006 (PRIME NEWSWIRE) -- D Mecatronics Inc. (Pink Sheets:DMTN) is a recognized technology pioneer and market leader in the area of Engineering, Design and the Manufacturing of automated solutions for the Automotive Industry and is rapidly becoming one of the world's leading providers of automated manufacturing solutions, which are used primarily by three of the top ten Tier 1 automotive part suppliers in the world. The Company also makes precision components and tooling using its own custom-built manufacturing systems, process knowledge and automation technology.