latest news releases from the newsroom
Sports Pouch Beverage Company, Inc.
Sports Pouch Beverage Company, Inc. and Major Retail Chain in Joint Sales Promotion
NEWPORT BEACH, Calif., Aug. 22, 2006 (PRIMEZONE) -- Sports Pouch Beverage Company, Inc. (Pink Sheets:SPBV) President Gil Arvizu today announced a major end-of-summer sales promotion with Smart and Final, Inc. for the company's 'All American Mountain Spring Water(tm).' Packaged in a unique, flexible pouch, the patent protected, re-sealable, pull-push spout and attractively designed products have achieved consistent and expanding sales. The Company expects this promotion to help drive fourth quarter revenue, and anticipates additional orders based on its one of a kind packaging for water, isotonics, and juices from a number of other major retail outlets.
RBID.com, Inc. Forms Board of Advisors
NEWPORT BEACH, Calif., Aug. 22, 2006 (PRIMEZONE) -- RBID.com, Inc. (Pink Sheets:RBID) president, Mr. Alan Rothman, today announced the formation of the Board of Advisors. The board will consist of a carefully selected team of industry veterans with experience in the Internet, technology, financial, operational, educational, legal, and marketing strategy, to assist the company with specific expertise in projects the company plans to undertake in the coming months. It is anticipated that the role of the board will be to set the strategic direction of the company and make important corporate strategic and advisory decisions that maximize both the company's, and shareholder value.
Nayna Networks, Inc.
Nayna Networks Named Preferred Provider by Fort Fibre Ottiche
SANTA CLARA, Calif., Aug. 22, 2006 (PRIMEZONE) -- Nayna Networks, Inc. (OTCBB:NAYN), a provider of next generation network solutions headquartered in Santa Clara, California, USA, today announced that Fort Fibre Ottiche S.r.l, a specialist supplier of fiber optic systems and services for the Italian market, has named Nayna Networks a preferred provider for its FTTB projects.
Stora Enso Oyj
Stora Enso Upgrades and Expands its Sawmilling Operations in Russia
HELSINKI, Finland, Aug. 22, 2006 (PRIMEZONE) -- Stora Enso (NYSE:SEO) today announced that Stora Enso is investing EUR 31.5 million in its Nebolchi Sawmill and EUR 12.5 million in its Impilahti Sawmill. These investments will enhance the competitiveness of Stora Enso's sawmilling business and wood procurement in Russia. Impilahti sawmill started operations in 2003 and Nebolchi in 2004 producing fresh sawn timber. The investments will upgrade the sawmills to manufacture products with added value. The investments will also improve access to the fast-growing building material markets in Russia.
Stora Enso Oyj
Stora Enso Becomes the Sole Producer of Coated Mechanical Paper in Latin America
HELSINKI, Finland, Aug. 22, 2006 (PRIMEZONE) -- Stora Enso (NYSE:SEO) today announced that Stora Enso has reached an agreement to acquire 100% of the shares in Vinson Industria de Papel Arapoti Ltda. and Vinson Empreendimentos Agricolas Ltda. from International Paper. The deal comprises a paper mill producing coated mechanical paper (205,000 tonnes annual capacity), a sawmill (150,000 m3 sawn timber annual capacity) and approximately 50,000 hectares of land out of which approximately 30,000 hectares are productive plantations. (These assets were formerly owned by Inpacel -- Industria de Papel Arapoti Ltda. and Inpacel Agroflorestal Ltda., subsidiaries of International Paper.)
Toll Brothers, Inc.
Toll Brothers Reports 3rd Qtr FY 2006 Earnings Results
HORSHAM, Pa., Aug. 22, 2006 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today reported FY 2006 third-quarter and nine-month results for earnings, revenues, backlog and contracts for the period ended July 31, 2006.