latest news releases from the newsroom
GSB Financial Services, Inc.
GSB Financial Services, Inc: Presence in China
WILMINGTON, Del., Oct. 15, 2004 (PRIMEZONE) -- GSB Financial Services, Inc. (Pink Sheets:GSBF) previously announced on September 29th 2004 the Company is aggressively pursuing the Electric Vehicle market having reached an agreement to acquire GTT Products (www.gttproducts.com), a company specializing in mass distribution of products from China. This includes electric bikes, golf carts, electric vehicles, electric scooters and battery technology.
Newmark Ventures Addresses and Warns Shareholders of Unauthorized Listing of its Common Shares on the Berlin Stock Exchange
WILMINGTON, Del., Oct. 15, 2004 (PRIMEZONE) -- Newmark Ventures, Inc. (OTCBB:NMVN), through its Directors, wishes to announce that it has learned that its shares have been listed, without Company knowledge or consent, for trading on the Berlin-Bremen Stock Exchange. The Company is now in the process of formally notifying Exchange authorities to immediately delist its shares from the Berlin-Bremen Stock Exchange. The Company has also requested its Securities Counsel to report this incident to the proper regulatory authorities and immediately ascertain who is behind the unauthorized listing and pursue any and all appropriate legal remedies against them.
Converium Holding AG
Converium welcomes today's rating action by Standard & Poor's
ZUG, Switzerland, Oct. 15, 2004 (PRIMEZONE) -- Converium is pleased about Standard & Poor's decision to raise the long-term counterparty credit and insurer financial strength ratings on Converium AG to "BBB+". This decision reflects Converium's successful closing of a US$ 420 million share issue and Standard & Poor's expectation that Converium will maintain significant support from key clients and intermediaries.
Arkados Inc. Statement on FCC Broadband Over Power Lines Ruling
NORTH PLAINFIELD, N.J., Oct. 15, 2004 (PRIMEZONE) -- Arkados, Inc., a subsidiary of CDKnet.com, Inc. (OTCBB:CDKN), has issued the following statement in response to the vote by the Federal Communications Commission to approve changes that will encourage the development of broadband over power lines (BPL). The statement is attributable to Oleg Logvinov, president and CEO of Arkados. Mr. Logvinov also serves as president of the HomePlug Powerline Alliance.