latest news releases from the newsroom
Stonebridge Resources Exploration Ltd.
Stonebridge Resources Exploration Announces Update on 50 Percent Interest in Port Arthur Assets
HOUSTON, May 5, 2006 (PRIMEZONE) -- Stonebridge Resources Exploration, Ltd., (Pink Sheets:SBRX) is pleased to announce a further update on its 50% interest in the Port Arthur assets that were recently acquired from Christian Intergy. As indicated previously by Stonebridge, it has spent considerable resources in an attempt to increase oil and gas production from its No. 4 well. After initial results, Stonebridge is pleased to report that the production figures from the No. 4 well are significantly higher than previous estimates as a result of the reworking of the well.
NetFabric Holdings, Inc.
NetFabric Announces Exit From VoIP Business and Management Change
DENVILLE, N.J., May 5, 2006 (PRIMEZONE) -- NetFabric Holdings, Inc. (OTCBB:NFBH) (NetFabric) today announced that the Company decided to exit from the hardware-based Voice over Internet Protocol ("VoIP") communications product line (including resale of transport services) that is targeted at small to mid-sized businesses ("SMB"). Revenues from the Company's VoIP operations have been minimal. For the year ended December 31, 2005, the Company had a loss of $3.2 million (unaudited) from its VoIP operations.
MangaPets Inc. to Change Name to Global Gaming Holdings, Inc.
VANCOUVER, British Columbia, May 5, 2006 (PRIMEZONE) -- MangaPets, Inc. (OTCBB:MPTS) (the "Company") reports that it has reserved the name Global Gaming Holdings Inc. with the State of Delaware, and will ask the shareholders holding a majority of the Company's common stock to approve an amendment to Article 1 of the Company's Articles of Incorporation to change the name of the Company to Global Gaming Holdings Inc.