latest news releases from the newsroom
SmallCap Sentinel: Paralysis Reversal in Mice Using Human Stem Cells the Latest in a Whirlwind of Breakthrough Events
IRVINE, Calif., Sept. 20, 2005 (PRIMEZONE) -- "In yet another in what has been a whirlwind of recently reported breakthrough developments, Stemcells Inc. is reporting that researchers in conjunction with the Reeve Irvine Research Center at the University of California, Irvine have restored lost motor function to a mouse with spinal cord injuries using the companies proprietary human stem cells," stated SmallCap Sentinel analyst D.R. Clark. "Mice who had experienced loss of hind leg mobility as a result of crush injuries were able to walk again after the transplant of human neural stem cells, effectively reversing the paralysis according to the study."
EffTec International, Inc.
Efficiency Technologies, Inc. Announces EffHVAC Automated Chiller Data Collection Service
TULSA, Okla., Sept. 20, 2005 (PRIMEZONE) -- Efficiency Technologies, Inc. (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM), announces automated chiller data collection service for EffHVAC, its Web-based chiller, boiler and plate exchanger efficiency tool. EffHVAC takes chiller operating data, performs complex engineering analysis and creates detailed reports that include the chiller's efficiency, production, water usage and diagnostics which pinpoints the causes of chiller inefficiency and provides detailed corrective action to regain and maintain optimal chiller performance. Automated data collection will maximize engineering manpower by eliminating the task of manually collecting the chiller data, as well as eliminating any potential human data input errors. Surveys show that facilities spend $3,000-$5,000 per chiller per year to document chiller data. This further strengthens EffHVAC's value to customers beyond energy savings.
Newmark Ventures Stock Split
VANCOUVER, British Columbia, Sept. 20, 2005 (PRIMEZONE) -- Newmark Ventures, Inc. (OTCBB:NWMV) ("Newmark") intends to effect a three-for-two stock split in which one new share will be issued for each two shares.
Telenor Contracts With Orbital to Build THOR II-R Commercial Communications satellite
OSLO, Norway and DULLES, Va. Sept. 20, 2005 (PRIMEZONE) -- Telenor ASA (Oslo:Tel) (Nasdaq:TELN) and Orbital Sciences Corporation (NYSE:ORB) announced Tuesday that they have signed a contract for delivery of a new geosynchronous (GEO) communications satellite. The spacecraft, to be called THOR II-R, will be based on Orbital's industry-leading STARTM satellite platform. The new order calls for a 26-month in-orbit delivery schedule. The contract provides replacement satellite for THOR II, which will be retired from service in 2008. Telenor Satellite Broadcasting, a division of Telenor Broadcast Holding AS, based in Oslo, Norway will own and operate the satellite. Orbital will be responsible for manufacturing and testing the satellite, and procuring the dedicated launch service. Telenor has directed Orbital to negotiate with ILS for a Proton launch.
Federal Home Loan Bank of Des Moines
Rural Banks Committed to Economic Development
DES MOINES, Iowa, Sept. 20, 2005 (PRIMEZONE) -- Several rural communities have taken advantage of a new program introduced by the Federal Home Loan Bank of Des Moines in May. In four short months, Bank members throughout Iowa, Minnesota, Missouri, North Dakota and South Dakota have already reserved more than $78 million in Rural Capital Advances. The low-cost funds have been used to finance housing and economic development projects in rural areas.
InterAge Applies for Major Web Marketing Project
CESAREA, Israel, Sept. 20, 2005 (PRIMEZONE) -- InterAge Ltd. (Pink Sheets:ITGJ), a leading provider of integrated Web marketing solutions, announced today that it is applying to participate in a large bi-lateral project for the development of advanced Web marketing tools. The project will be sponsored by the Technology Cooperation Network, comprised of offices of the German and Israeli governments.
Two Things Stories are: Two-rific -- New Picture Book Features Multiple Fanciful Stories and Characters
SAN ANSELMO, Calif., Sept. 20, 2005 (PRIMEZONE) -- At their early age, children can become great story-tellers especially if they get the right guidance from their parents, the right inspiration from the books they read and when they put their imagination to good use. In the unique picture book titled Two Things Stories: Volume 1, author Bill Harms presents to readers a collection of fun, inspiring stories filled with very interesting characters and situations.