latest news releases from the newsroom
Patriot Motorcycle Corporation
Patriot Motorcycle Corporation Introduces Steed by Patriot
SAN CLEMENTE, Calif., Aug. 31, 2005 (PRIMEZONE) -- Patriot Motorcycle Corporation (Pink Sheets:PMCY), exclusive worldwide distributor of the Yamoto line of Dirt Bike motorcycles and All Terrain Vehicles (ATVs), announced it has acquired the assets of Steed Musclebike Motorcycle Company of Scottsdale, Arizona at a press conference on Saturday afternoon, August 27th.
Telenor and BBC World Service Enter Agreement for Digital Broadcasting
OSLO, Norway, Aug. 31, 2005 (PRIMEZONE) -- Telenor-owned Norkring has entered into an agreement with the BBC World Service for digital broadcasting over short wave, DRM. As part of the agreement, the BBC will be among the first in the world to broadcast over DRM.From Norkring's transmitting station at Kvitsoey, signals will be broadcast to Central Europe. This new agreement with the BBC is an important step in the digitalisation of short wave, which actually has the capacity to achieve global reach. The agreement involves broadcast of the radio channel BBC World Service "English for Europe" for an initial period of 18 months. The BBC is also using UK-based transmitters owned and operated by VT Communications (VTC) to provide a multi-frequency network aimed at Benelux and neighbouring countries. "For us this as an exciting partnership with one of the world's leading broadcasters. The BBC is a driving force within DRM, and contributes to set the standard for the future role of short wave," said sales and marketing director at Norkring, Per Maltun.
eTelcharge.com Announces Signed Letter of Intent to Merge with The American Home Market Corporation
DESOTO, Texas, Aug. 31, 2005 (PRIMEZONE) -- eTelcharge.com, Inc., (the "Company") (Pink Sheets:ETLC) www.etelcharge.com, a financial diversified merchant service company, is pleased to announce that the Company has signed a Letter of Intent ("LOI") to merge eTelcharge.com with The American Home Market Corporation ("AHM"), a privately held company with over $100 million in annual revenues. With the closing of the merger, Ray Jackson, President and CEO of AHM, is slated to become the new Chairman of the Board of Directors of eTelcharge.com. The closing of this transaction is anticipated to be on or before November 1, 2005. The Letter of Intent sets forth certain conditions including the completion of due diligence by both parties and the signing of a definitive agreement.
Allixon International Corp.
Allixon Provides Update on RFID Middleware Seminar for SMB (Small and Medium Business) in Cooperation With IBM Korea
SEOCHO-KU, SEOUL, Korea, Aug. 31, 2005 (PRIMEZONE) -- Allixon International Corporation (Pink Sheets:AXCP) is pleased to announce that it's first RFID Seminar in conjunction with IBM Korea to introduce IBM RFID middleware with the demonstration of Warehouse Management System (WMS) at Millennium Hilton Hotel was a success. With over 250 customers in attendance at this year's event, IBM introduced Allixon as the RFID Middleware solution and business partner to IBM Korea customers. During the seminar, Allixon participated in, as a partner for RFID business, to demonstrate the Warehouse Management System application, developed by EXE, based on the IBM RFID middleware.
Skandia's Market Shares up in Sweden
STOCKHLOM, Sweden, Aug. 31, 2005 (PRIMEZONE) -- The Swedish Insurance Federation today published the industry's quarterly statistics for the second quarter of 2005. Since these statistics also include information on Skandia's market shares, Skandia is commenting on them here. Skandia published information on its premiums and deposits in Sweden on 9 August.
Atlas Copco to Increase Manufacturing Capacity in India
STOCKHOLM, Sweden, Aug. 31, 2005 (PRIMEZONE) -- Atlas Copco is to expand its manufacturing facilities in Nasik and Pune, India. The investment, made to meet an increasing demand, has a value of MSEK 44 (MEUR 4.7). The project is expected to be completed during the second quarter of 2007.