latest news releases from the newsroom
Precise Biometrics AB
Precise Biometrics Carries Out a Directed New Share Issue Bringing the Company SEK 63 Million
LUND, Sweden, Sept. 20, 2005 (PRIMEZONE) -- The Board of Directors for Precise Biometrics AB ("Precise Biometrics" or "the Company") resolved on September 20, 2005, to increase the Company's share capital by issuing 8.7 million shares of class A. The shares were subscribed by Danske Markets, a division of Danske Bank A/S, for onward sale to a limited number of European institutional investors. The resolution was underpinned by authority granted to the Board at the Annual General Meeting of April 27, 2005 ("the AGM").
Optical Storage Technology Association
Optical Storage Technology Association Provides Tips to Save Treasured Family Photo Memories
CUPERTINO, Calif., Sept. 20, 2005 (PRIMEZONE) -- If a disaster is on your doorstep, what will you do? Whether it is an impending hurricane, tornado, fire or response to an earthquake, the most immediate reaction is to grab your kids, pets and the family photo album and leave the area of danger. However, today's precious family memories are not necessarily stored as prints in a bulky album or a box, but are often on a computer hard drive, or even better, on more portable CDs or DVDs. People just may not be able to take the time to disconnect the computer and tote it out of the house when getting safely out of harms way may only give you minutes to escape.
SunTechnics Establishes Subsidiary in the USA
HAMBURG, Germany and SACRAMENTO, Calif., Sept. 20, 2005 (PRIMEZONE) -- SunTechnics, Europe's leading system supplier of renewable energy solutions, has established a subsidiary in the USA named SunTechnics Energy Systems, Inc., with headquarters in Sacramento, California. This gives SunTechnics a presence on four continents, with its own companies, ensuring close proximity to end customers. "The demand for energy in the USA is huge, primarily because of electrically-powered air conditioning systems. For this reason we are initially focusing on grid-connected photovoltaic systems," reports Karl-Heinz Tonges, CEO of the U.S. operations. The USA is currently the world's third-largest market for photovoltaic systems. In 2004, total new installations amounted to 84 Megawatts, representing a 27% growth over the prior year. Around 80% of the systems were installed in California, where buyers of photovoltaic systems can receive rebates and tax incentives to bring down the price of installation by as much as 30 to 50%. Governor Schwarzenegger has been a strong proponent of renewable energy, with his Million Solar Roof Initiative aiming to extend and increase solar energy incentives in the state. "Thanks to incentive programs and rising conventional energy prices, we are anticipating that the demand for photovoltaic systems will accelerate even faster in future. Our objective is to grow faster than the market," continues Tonges. The first project is already in the pipeline. Under the auspices of the dena (German Energy Agency) initiative, "Solar Roofs on German Schools and Institutions Abroad," SunTechnics Energy Systems, Inc. is equipping the German School in Silicon Valley with a photovoltaic system. The project will start later this year.
OTC Research Issues Review of MIV Therapeutics Inc.
DALLAS, Sept. 20, 2005 (PRIMEZONE) -- OTC Research.com has announced a new profile report on MIV Therapeutics, Inc. (OTCBB:MIVT). The report is authored by senior investment analyst, Shailesh Dhuri, CFA. In the report, Mr. Dhuri updates clients on the company's recent trading pattern and business development.
MEDirect Latino, Inc.
MEDirect Latino Secures Distribution Facility In Puerto Rico
PLANTATION, Fla., Sept. 20, 2005 (PRIMEZONE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (http://www.medirectlatino.org) today announced that the company has secured a satellite distribution and customer service facility located in San Juan, Puerto Rico, which represents the company's first expansion beyond its home office in Florida. MEDirect Latino plans to staff the facility with customer service representatives and logistical support personnel to expand current distribution services and reduce operating costs. Additionally, the company, through this local presence, will expand reimbursement services to the commonwealth's dually eligible, Medicare-Medicaid market. According to recent commonwealth data, this expansion adds 253,000 potential customers to the company's market penetration plans in Puerto Rico, with a total dually eligible market potential of $334 million.
EAU Technologies, Inc
Electric Aquagenics Unlimited, Inc. Announces Latin American License Agreement
LINDON, Utah, Sept. 20, 2005 (PRIMEZONE) -- Electric Aquagenics Unlimited, Inc. (EAU) (OTCBB:EAQU) today announced that it has licensed the exclusive rights to market its Empowered Water(tm) and protectant technologies and other products and services to Water Sciences, LLC (WS) for Central, South America, including Mexico. WS paid one million dollars ($1,000,000) for the right to market and distribute EAU's products and services in Latin America. EAU will also receive a royalty on certain of WS revenues.
Reno Gold Corp.
Reno Gold Corp. To Increase Total Acreage To 1,420 Acres
VAUGHAN, Ontario, Sept. 20, 2005 (PRIMEZONE) -- Reno Gold Corp. (Pink Sheets:RNGD) Announced today that they have signed a Letter of Intent with Western Recon & Mineral Exploration Inc. (Western). With this purchase Reno Gold Corp. would increase its workable acreage from 380 acres to 1,420 acres.