latest news releases from the newsroom
George A. Sharp
Former Victory Capital Holdings Corp. CEO Announces Civil Action Brought Against Victory Capital and Principals
LOS ANGELES, Jan. 31, 2005 (PRIMEZONE) -- Former Victory Capital Holdings Corp. (OTCBB:VTYC) CEO George Sharp announced today that he has filed a civil action for Fraud, Negligent Misrepresentation, and Breach of Contract and has named Victory Capital, its former CEO and Chairman Harold Gregg and Michael Osborn, an undisclosed principal, whom Mr. Sharp identifies as the de facto head of Victory Capital. Mr. Sharp's action was filed in the San Diego County Division of California Superior Court and was served upon Victory Capital on December 28, 2004.
The Quaker Funds, Inc.
Christopher J. Pusak, CIMA, Named Managing Director, EVP Sales and Marketing of the Quaker Funds, Inc.
VALLEY FORGE, Penn., Jan. 31, 2005 (PRIMEZONE) -- The Quaker Funds is pleased to announce the addition of Mr. Christopher J. Pusak, CIMA(r), as a Managing Director and EVP of the company's sales and marketing initiative. Mr. Pusak joined the firm on January 19. Chris comes to us following an eleven year career at Rorer Asset Management, LLC, a Philadelphia-area portfolio management firm where, as a Principal, he led the sales effort that took the firm from $1 billion to $10 billion in assets under management through the broker-consultant channel.
Burzynski Research Institute
Houston's Dr. Stanislaw R. Burzynski Featured Speaker at Cleveland Clinic Neuro-Oncology Symposium
ORLANDO, Fla., Jan. 31, 2005 (PRIMEZONE) -- Stanislaw R. Burzynski, M.D., Ph.D., founder and CEO of the Burzynski Clinic and President of the Burzynski Research Institute, Inc. (OTCBB:BZYR) in Houston, was a featured speaker at Neuro-Oncology 2005, the Cleveland Clinic's Annual Brain Tumor Symposium. Dr. Burzynski spoke about his pioneering research in targeted genetic cancer treatment and the development of Antineoplastons, which he and his research team discovered in the 1970s. Since that time, researchers at the Burzynski Clinic have developed these naturally occurring anti-tumor agents synthetically -- to the point that it is now possible to manufacture them commercially.
Acies Announces Launch of Wholesale Payment Processing Program
NEW YORK CITY, Jan. 31, 2005 (PRIMEZONE) -- Acies Corporation (OTCBB:ACIE), an emerging leader in payment processing and electronic banking services to small and medium size merchants across the United States, today announced a wholesale program for its Independent Sales Organizations (ISOs) and authorized resellers.
TeliaSonera Finland and ACN Communications Finland Enter into Agreement on Co-Operation
STOCKHOLM, Sweden, Jan. 31, 2005 (PRIMEZONE) -- TeliaSonera Finland Oyj, its subsidiary Tele Finland Oy and ACN Communications Finland Oy have concluded a co-operation agreement. According to the agreement, ACN Communications Finland discontinues its own branded mobile service and starts marketing Tele Finland's mobile service offering through its existing sales channel -- Independent Representatives. ACN's Finnish customers can continue as customers of Tele Finland Oy. ACN's assets, personnel, agreements or other business operations are not assigned to Tele Finland by the agreement.
Astris Energi Inc.
Astris Energi Completes Czech Affiliate Purchase
MISSISSAUGA, Ontario, Jan. 31, 2005 (PRIMEZONE) -- Astris Energi Inc. (OTCBB:ASRNF), the world's leading alkaline fuel cell (AFC) technology company, announced today that it has completed the purchase of its affiliate Astris s.r.o., located in the Czech Republic. The terms of the deal were agreed to in a Memorandum of Understanding signed in September 2004 and approved by Astris shareholders at Astris' Annual and Special Meeting of Shareholders on October 22, 2004.
Webloyalty.com Achieves Record Revenues and Customer Growth in 2004
NORWALK, Conn., Jan. 31, 2005 (PRIMEZONE) -- Webloyalty.com (http://www.webloyalty.com), a leading provider of online marketing and subscription services, today announced revenue information for 2004. Last year, the company grew its revenues by 56% to $86.2 million from $55.4 million in 2003. Webloyalty.com also maintained its momentum by growing its net membership to a current total of 1.4 million online members participating in its line of five subscription-based programs, placing the company among top subscription marketers on the Internet.
Healthcare Business Services Groups, Inc.
Winfield Financial, Inc. Announces Name Change to Healthcare Business Services Groups, Inc.
UPLAND, Calif., Jan. 31, 2005 (PRIMEZONE) -- Winfield Financial, Inc. (OTCBB:WFLD) today announced the company has officially changed its name to Healthcare Business Services Groups, Inc. (OTCBB:HBSV). The name and symbol change are the culmination of events previously announced on April 23, 2004 where Winfield Financial, Inc. acquired 100% of the outstanding shares of HBSGI in exchange for 25,150,000 shares of Winfield Financial, Inc., an 80% controlling stake. HBSGI is a provider of medical billing services and software and an operator and developer of surgery centers.