latest news releases from the newsroom
Transmeridian Exploration, Inc.
Transmeridian Exploration Achieves Production Milestone
HOUSTON, Sept. 1, 2006 (PRIMEZONE) -- Transmeridian Exploration Incorporated (AMEX:TMY) today announced that it had achieved daily production of approximately 3,100 barrels of oil from its South Alibek field in Western Kazakhstan following the acid stimulation of two previously drilled wells. The two wells are part of an ongoing workover program using high-volume/high-velocity acid stimulations of previously completed wells to increase production rates from those wells. At least two additional wells are scheduled for acid stimulation in September 2006.
Rudy Beverage, Inc.
Jungle Jim's International Market Latest Attraction: Rudy Beverages
SCOTTSDALE, Ariz., Sept. 1, 2006 (PRIMEZONE) -- Rudy Beverage, Inc. (RBI), a portfolio company of Global Beverage Solutions, Inc. (OTCBB:GBVS), has received an order to supply Jungle Jim's International Market with the sport drink Rudy Revolution(tm) and Rudy! Rudy! Flying Colors(tm), the only lower sugar alternative to soft drinks for children in the U.S. that is formulated with the healthier natural sweetener xylitol. Jungle Jim's International Market, located in Fairfield, (Cincinnati) Ohio, is one of the largest grocery supermarkets in the U.S. with 300,000 sq. ft. of groceries and eclectic attractions under one roof. Dubbed the "King of Theater in Retail," Owner and CEO -- "Jungle" Jim Bonaminio -- has created a grocery shopping experience that is attracting 50,000 grocery shoppers a week and growing to the tri-state area's largest selection of global groceries and uniquely themed shopping attractions.
NetManage Confirms Receipt of Letter from Stockholders
CUPERTINO, Calif., Sept. 1, 2006 (PRIMEZONE) -- NetManage, Inc. (Nasdaq:NETM), a leading software company that provides solutions for integrating, Web enabling and accessing enterprise information systems, confirmed today that it has received a letter from Riley Investment Management, LLC and Zeff Capital Partners, L.P., each a stockholder of NetManage, informing NetManage of their interest in acquiring all outstanding shares of NetManage common stock that they do not already own for $5.25 per share in cash.
J.G. Wentworth's Michael Vaughan Airs on Sound Investing Radio Show
BRYN MAWR, Pa., Sept. 1, 2006 (PRIMEZONE) -- As part of an on-going educational process on the secondary market for annuities, J.G. Wentworth, a specialty finance company and leader in the secondary market for annuities, appeared on FundAdvice.com's radio program, Sound Investing on Friday, September 1. Sound Investing is a weekly radio broadcast and webcast show that provides investors with information on stocks, mutual funds and other money issues. The segment with Michael Vaughan can be accessed at http://www.fundadvice.com/soundinvesting/vaughan_interview.mp3. Sound Investing can be heard at www.soundinvesting.com every Friday morning and listened to on 570 AM KVI, Seattle at 10:00 a.m.
Eternal Energy Corp.
Eternal Energy Corp. to Acquire Canadian Oil and Gas Exploration Company
LITTLETON, Colo., Sept. 1, 2006 (PRIMEZONE) -- Eternal Energy Corp. (OTCBB:EERG) announced it has entered into a letter agreement to acquire Zavanna Canada Corp. ("Zavanna"). Zavanna owns various oil and gas leases, overriding royalty interests, production, equipment, and contract rights located in Alberta, Canada, substantially all of which are expected to remain with Eternal and Zavanna following the closing.