latest news releases from the newsroom
Ultitek Ltd. Announces 585 Percent Increase in July 2005 Revenues
ENGLEWOOD CLIFFS, N.J., Sept. 8, 2005 (PRIMEZONE) -- Ultitek Ltd. (Pink Sheets:UITK) is pleased to announce that the Company realized $251,000 in Gross Revenue for the month of July 2005. This is an increase of five hundred and eighty-five percent (585%) as compared to the month of July 2004, when Ultitek realized $36,596 in Gross Revenue.
Delta Air Lines, Inc.
Delta Air Lines Completes Sale of Atlantic Southeast Airlines to SkyWest, Inc.
ATLANTA, Sept. 8, 2005 (PRIMEZONE) -- Delta Air Lines, Inc. (NYSE:DAL) today announced that it has successfully completed the sale of Atlantic Southeast Airlines, Inc. (ASA) to SkyWest, Inc. (Nasdaq:SKYW) for a purchase price of $425 million. As a result of the completion of this transaction, ASA is now a wholly owned subsidiary of SkyWest, Inc. and will continue to operate as a Delta Connection carrier under contract with Delta through 2020.
Habanero Resources Inc.
Habanero's Marketing Plan for the Upcoming Quarter
VANCOUVER, British Columbia, Sept. 8, 2005 (PRIMEZONE) -- Habanero Resources Inc. ("HAO") (Other OTC:HBNRF) (TSX-V:HAO) wishes to provide an update on upcoming marketing plans over the next quarter. Management believes that in order for a small company of HAO's size to reach a wider audience, HAO requires a marketing plan. At this time HAO has no broker or analyst coverage so the best way to convey the company's story is one person at a time, through extensive marketing, presentations and proven media outlets.
Sciax Corporation Files Form 15 to Reduce Costs and Enhance Earnings
BAY CITY, Mich. and TORONTO, Sept. 8, 2005 (PRIMEZONE) -- Sciax Corp. (Pink Sheets:SCXC) announced today that its Board of Directors has approved and the Company has filed a Form 15 with the SEC. The Company expects to realize significant cost savings as a result of being relieved of its SEC periodic reporting requirements. The Company's securities will continue to trade on the Over-The-Counter Pink Sheets (OTC), an electronic trading forum, which is regulated by applicable federal and state securities laws.
AngelCiti Entertainment, Inc.
AngelCiti Benefits from Recent Midas Entertainment 20-for-1 Stock Split
PEMBROKE PINES, Fla., Sept. 8, 2005 (PRIMEZONE) -- AngelCiti Entertainment, Inc. (OTCBB:AGCI) announced that Midas Entertainment, in which it now owns over 67 million shares, completed a 20-for-1 forward split last week and has begun trading under the ticker symbol MDSE (Pink Sheets:MDSE). In connection with the stock split, Midas retired over 10 million common shares (which would have been 200 million post split), thereby bringing AngelCiti's stake back up to approximately 15 percent of Midas Entertainment.
China Direct Trading Corp.
China Direct Trading Corp. Hires Sales Manager for Generator Sales to Hurricane-Ravaged States
DAVIE, Fla., Sept. 8, 2005 (PRIMEZONE) -- China Direct Trading Corporation's (OTCBB:CHDT) wholly-owned subsidiary, China Pathfinder Fund, L.C. (CPF) has hired Larry Osborne, a 29-year sales veteran of electrical and electronic equipment, to head up the company's generator sales division. China Direct has received numerous inquiries within the past few days about generators and believes that it can ship from manufacturer's inventory in China within seven days. Mr. Osborne's responsibilities will include direct sales to chain stores and setting up a sales network. China Direct and CPF are unable to project possible sales, if any, from this sales initiative, but the company will contribute 2% of any net income from its sale of generators to the Red Cross Hurricane Relief Fund.