latest news releases from the newsroom
Scientific Industries, Inc. Announces Proposed Expansion
BOHEMIA, N.Y., Aug. 7, 2006 (PRIMEZONE) -- Helena R. Santos, Chief Executive Officer of Scientific Industries, Inc. (OTCBB:SCND), announced that the Company proposes to expand its operations through an acquisition of a privately-held producer and distributor of quality catalyst research instruments. Scientific Industries has agreed in principle to acquire the privately held company for a consideration to consist of $400,000 in cash, 125,000 shares of common stock and a five year earn-out based on profitable revenues. Consummation of the acquisition will be subject to the negotiation and execution of a definitive agreement that will contain certain conditions of purchase, including the execution of a long-term employment agreement by its director of sales and marketing. No assurance can be given that an agreement will be executed or that the acquisition will be effected.
Entertainment Games, Inc.
eGames Serves Up More Cake Mania With Deluxe Retail Version
LANGHORNE, Pa., Aug. 7, 2006 (PRIMEZONE) -- Casual games publisher eGames, Inc. (OTCBB:EGAM), announced today that Cake Mania(tm) Deluxe, an enhanced version of the popular online game, will ship to retail outlets in late August. The new version adds 36 Cake Mania: Back to the Bakery levels to the original family-friendly game, as well as an all-new Evans Bakery locale.
Integrity Bancshares, Inc.
Integrity Bancshares Announces Additions to Management Team
ALPHARETTA, Ga., Aug. 7, 2006 (PRIMEZONE) -- Integrity Bancshares, Inc. (Pink Sheets:ITYC) today announced it has expanded and strengthened its management team. Harold "Kelly" Klem has joined the Company as Executive Vice President and Chief Operating Officer. Additionally, Todd Foster has been promoted to Executive Vice President of Risk Management and Cameron Fausti has accepted the position of Vice President of Risk Management.