latest news releases from the newsroom
TelePlus Enterprises, Inc.
TelePlus' MVNO Division Signs Wireless Service Agreement with E-Mobile, Deal Expected to Increase Revenues by $1.5M USD
MONTREAL, May 26, 2005 (PRIMEZONE) -- TelePlus Enterprises, Inc. (OTCBB:TLPE) (http://www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America, is pleased to announce today its subsidiary TelePlus Wireless Corp. ("TelePlus Wireless"), operating the Company's Mobile Virtual Network ("MVNO"), signed a wireless service agreement (the "Agreement") with E-Mobile group of Companies, LLC ("E-Mobile") from Dallas, Texas.
Produce Safety and Security International Inc.
Produce Safety and Security International, Inc. Announces Its First Ozone Unit to be Installed on May 27, 2005
PRESCOTT, Ariz., May 26, 2005 (PRIMEZONE) -- Produce Safety and Security International Inc, the 'Company,' or (Pink Sheets:PDSS) is pleased to announce that the first ozone unit is to be installed and ready for operation on May 27, 2005. As per the Red Hawk-PDSS contract signed on April 6, 2005, an additional 4 more units, 3 truck washers, and the Spherequat process, Food Safety Audit Program implementation are expected. PDSS anticipates this as the first of many revenue streams for the company.
Classmates Online, Inc.
Classmates.com to Offer Alumni Rings from Jostens
MINNEAPOLIS and RENTON, Wash., May 26, 2005 (PRIMEZONE) -- Classmates.com, a wholly-owned subsidiary of United Online, Inc. (Nasdaq:UNTD), and Jostens(tm), a wholly-owned subsidiary of Visant Corporation, today announced an agreement to offer alumni rings to Classmates.com members who would like to show their affiliation and school pride even after graduation. The Classmates Collection(tm) will include a broad selection of personalized high school rings and select military and college rings. It launches today with the introduction of high school alumni ring offerings to Classmates.com members. Select military and college alumni rings will be offered later this year.
HealthRenu Medical, Inc. Secures $10 Million in Funding From Cornell Capital Partners, LP
HOUSTON, May 26, 2005 (PRIMEZONE) -- HealthRenu Medical Inc. (OTCBB:HRUM) today announced that the company has received a financing commitment from Cornell Capital Partners, LP, a New Jersey-based private equity fund. Under the terms of the funding agreement, Cornell commits to provide up to $10 million under a Standby Equity Distribution Agreement ("SEDA") over a 24-month period. These funds can be drawn at the company's discretion based upon funding requirements, subject to an effective registration with the SEC.
FTS Wireless, Inc.
FTS CEO Buys Stock in Open Market
TAMPA, Fla., May 26, 2005 (PRIMEZONE) -- FTS Group, Inc. (OTCBB:FLIP) a publicly traded holding company operating in the wireless industry through its wholly owned subsidiary FTS Wireless, Inc., today announced its Chairman and Chief Executive Officer has purchased additional shares in the open market.
NEON Communications Group, Inc.
Globix Corp. to Present at SG Cowen 33rd Annual Technology Conference
NEW YORK, May 26, 2005 (PRIMEZONE) -- Globix Corporation (AMEX:GEX), a leading provider of application, media, IP infrastructure and network services, announced today that it will be presenting at the SG Cowen & Co. 33rd Annual Technology Conference on June 2 at 3:00 PM. Globix President and Chief Executive Officer, Peter Stevenson will provide an overview of the business, including the company's recent merger with NEON Communications, Inc.
Limelight Media Group Inc
Limelight Media Releases First Quarter 2005 Financials
MEMPHIS, Tenn., May 26, 2005 (PRIMEZONE) -- Limelight Media Group, Inc. (OTCBB:LMMG) of Memphis, Tenn. today announced that its 2005 first-quarter results indicate significant achievements in its efforts to reduce costs, decrease liabilities and increase cash flow as the Company ramps up its out-of-home digital media business.
TalkingStocks.com Announces a New Profile Report on SoftNet Technology
DALLAS, May 26, 2005 (PRIMEZONE) -- TalkingStocks.com's Senior Investment Analyst Shailesh Dhuri, CFA, TalkingStocks.com released a new Profile Report discussing recently released 1Q 2005 sales figures for SoftNet Technology (OTCBB:STTC). Sales for the first quarter of 2005 were reported at $234,000 compared to $1,275 for the first quarter of 2004. The Company achieved the impressive sales growth mainly due to the performance of WholesaleByUs. WholesaleByUs generated approximately $270,000 in sales over the Internet in the first quarter. However, due to the difference between timing of order booking and the actual shipment, WBU recorded only $160,000 of that order book for reporting purposes. In addition, Indigo had reported sales of $74,000 for the quarter.