latest news releases from the newsroom
IElement Corporation, Formerly MailKey Corporation, Announces Official Company Name Change and New Market Symbol
DALLAS, Aug. 25, 2005 (PRIMEZONE) -- IElement Corporation (OTCBB:MAKY) a nationwide provider of advanced communications services, announced today that it has obtained official notice from NASDAQ that the name change requested has been approved effective immediately. The name change was made pursuant to the signing of an agreement on January 18, 2005, wherein an amendment to change the merged company name to IElement Corporation from MailKey Corporation was agreed upon by the board of directors between MailKey Corporation (OTCBB:MAKY), IElement Corporation and respective shareholders.
Innotelco Management Visits Europe for Trade Show and Sales Tour
TORONTO, Aug. 25, 2005 (PRIMEZONE) -- Innotelco, Inc. (Pink Sheets:ILCO), a marketer and distributor of telecom hardware and network solutions, announced today that CEO Ross Sehovic and Vice President of Sales and Marketing Radomir Popovic have begun a three-week tour of Europe, which will include attending Berlin's IFA Trade Show. IFA Berlin 2005, which runs from September 2-7, is one of the world's largest consumer and electronics venues.
Reno Gold Corp.
Reno Gold Corp. Announces 18 New Lode Mining Claims Totaling 360 Acres
VAUGHAN, Ontario, Aug. 25, 2005 (PRIMEZONE) -- Reno Gold Corp. (Pink Sheets:RNGD) announced today that it has acquired 18 lode mining claims, known as the Trinity claims (Sec 30; R 24 N, T 29 E) in Churchill County, Nevada totaling 360 acres. The property comprising the Trinity claims, more specifically described with the BLM as claim numbers 90664-90666, is approximately 50 miles east of Reno, Nevada, in the Forty Mile Desert. The claims lie at an altitude of 3890' and are mainly flat with little or no vegetation. The surface has volcanic float from hills to the north, but is mainly covered in recent, powdery, white Lake Lahontan sediments.
Oxford Media Inc.
Oxford Media Signs Exclusive Agreement With Human Advanced Co., Inc. 'HUAD'
IRVINE, Calif., Aug. 25, 2005 (PRIMEZONE) -- Oxford Media, Inc. (OTCBB:OXMI), a leading developer of Private Broadband Networks (PBN, which allows the Company the ability to provide low-cost broadband Internet access, video and audio content on demand via a Pay-Per-View basis service, today announced it has signed an exclusive agreement with Human Advanced Co., Inc. (HUAD), a Korea Corporation, to manufacture Set-Top-Boxes (STB) and STB Controllers, Remote Control Units and Infrared Extenders bearing the Oxford brand names. All products are proprietary to Oxford and manufactured by HUAD under the specifications of Oxford for the hotel and hospitality pay-per-view segment.
RaySearch Laboratories AB: Disclosure Notice
STOCKHOLM, Sweden, Aug. 25, 2005 (PRIMEZONE) -- Johan Lof, Erik Hedlund, Anders Brahme, Carl Filip Bergendal and Anders Liander ("the Principal Owners") divested 400,000 B shares in RaySearch Laboratories AB (publ) ("RaySearch") on August 25, 2005. This corresponds to 0.8 % of the votes and 3.5 % of the capital in RaySearch. Accordingly, as of August 25, 2005 the Principal Owners hold shares corresponding to 79.1% of the votes and 45.8% of the capital in RaySearch. Johan Lof sold 220,536 shares, Erik Hedlund 55,357 shares, Anders Brahme 49,107 shares, Carl Filip Bergendal 37,500 and Anders Liander 37,500 shares, all of which were series B. Refer to the table below regarding the Principal Owners' shareholdings after the sales. A key purpose of the Principal Owners' sales was to continue to enhance conditions for improved liquidity in the RaySearch B share, which is listed on the Attract40 segment of the O List of the Stockholm Stock Exchange. The Principal Owners will remain as long-term majority owners in RaySearch. Johan Lof, Erik Hedlund, Anders Brahme and Carl Filip Bergendal are together bound to retain a voting majority in RaySearch through 2012 in accordance with an agreement with two of the company's main cooperation partners. The purchasers of the shares were a number of international and swedish investors. The holdings of the main shareholders after the sales are shown below.
Meridian Co Ltd
Meridian to Attend 20th Annual Convention and Exposition on American Association of Naturopathic Physicians
VANCOUVER, British Columbia, Aug. 25, 2005 (PRIMEZONE) -- Meridian Co., Ltd. (Meridian) (OTCBB:MRDAF), today announced it will be attending the 20th Annual Convention and Exposition On American Association Of Naturopathic Physicians (AANP) from August 24- 27, 2005 at the Arizona Biltmore Resort in Phoenix. This will be Meridian's second year at the (AANP) convention. It was during this convention that Meridian first met with Thorne Research, Inc. (Thorne). Meridian is very excited to team up with Thorne at this convention, to provide testing with the Digital Pulse Analyzer.
Crew Gold Corporation
Crew Gold Corp.: Purchase of Apex Mining Co. Completed
LONDON, Aug. 25, 2005 (PRIMEZONE) -- Crew Gold Corporation ("Crew")(TSX:CRU) (OSE:CRU) (Frankfurt:KNC) (Other OTC:CRUGF). Crew is pleased to announce that a Definitive Agreement regarding the purchase of 72.8 percent shares in Apex Mining Co. was signed on August 24, 2005. The transaction has been concluded by the transfer of the shares to Crew and its affiliated company Mapula Creek Gold Corp. (Mapula) against payment, subject to certain conditions, of US $6.6 million.