latest news releases from the newsroom
VoIP Labs Holdings, Inc.
VoIP Labs Holdings Rescinds Acquisition of POPstar Communications Inc
PORTLAND, Ore., Aug. 19, 2005 (PRIMEZONE) -- VoIP Labs Holdings, Inc. (Pink Sheets:VPBH) announced that the Company's preferred shareholders who exercise voting control have executed an effective rescission of the acquisition of POPstar Communications Inc & all wholly and partially owned subsidiaries. VPBH cites POPstar's inability to close and deliver standard medallion stamped stock certificates and stock tacking agreements as called for in the Memorandum of Understanding.
Pinnacle Developments, Inc.
Pinnacle Developments Inc. Announces Agreement for the Acquisition of a Wood Processing Facility, Inventory, Rolling Stock, and a Timber Tenure
BELLINGHAM, Wash., Aug. 19, 2005 (PRIMEZONE) -- Pinnacle Developments Inc. (Pink Sheets:PNCV) announces an agreement for the acquisition of land, buildings, milling equipment, rolling stock, inventory and a 600,000 cubic meter timber tenure from a major financial institution by Cantech Fibre Corp., a wholly owned subsidiary.
Pergo: Faus Action Without Merit
STOCKHOLM, Sweden, Aug. 19, 2005 (PRIMEZONE) -- Pergo has been informed that the Faus Group has filed an action for patent infringement in Georgia, USA. Pergo has not yet been served with the complaint. The action alleges that some of Pergo's products infringe on Faus' U.S. patents. Pergo previously initiated several major legal actions against the Faus Group. We believe Faus has retaliated as part of their legal strategy. Pergo finds no legal grounds for Faus' claim that the Pergo product infringes on Faus' patent.
Cyber Merchants Exchange Inc
ASAP Show Primed and Ready for Vegas
EL MONTE, Calif., Aug. 19, 2005 (PRIMEZONE) -- No apparel sourcing trade show is better prepared for gaining information on current hot-button international apparel sourcing issues than the ASAP Show. As ASAP prepares to open its doors next week, the highly anticipated show will present sourcing buyers with hundreds of quality, overseas manufacturers and seminars on the latest apparel sourcing information including the hot-button issues of China safeguards and DR-CAFTA from the top experts themselves.
MIND Institute Announces Sixth Straight Year of Dramatic Standardized Math Test Score Increases
COSTA MESA, Calif., Aug. 19, 2005 (PRIMEZONE) -- Participating students in the MIND Institute's "Math+Music" program have outperformed non-participating students on standardized math tests each year for six consecutive years, according to a recent analysis by educational researchers from the University of California, Irvine. The paper describing these findings is being presented today at the prestigious national conference of the American Psychological Association in Washington, D.C. "Since the MIND Institute's first year in South Central Los Angeles, where participating children outperformed non-participants by 29 percentile points, the MIND Institute approach to teaching mathematics has established a record of measurable learning advantages for low performing as well as high performing students," according to Michael E. Martinez, Ph.D, Associate Professor of UCI's Education Department. Martinez concluded in his report that the "overall impact of the program on standardized test scores was approximately two sigma, historically considered the maximum effect achievable by an educational intervention."
Ultitek Ltd. to Establish U.S.-Based Internet Travel Company
ENGLEWOOD CLIFFS, N.J., Aug. 19, 2005 (PRIMEZONE) -- Ultitek Ltd. (Pink Sheets:UITK) is pleased to announce that they will establish by year end a U.S.-based, full-service, Internet travel company. The travel website, in addition to normal travel services, will enable travelers throughout the world to book travel on flights within Russia and C.I.S. countries on scheduled carriers and charter flights, which is not available to the world currently.