latest news releases from the newsroom
Mio Technology Ltd.
New Palm Sized GPS Navigation System Comes Complete With 2.5 GB Hard Disk Drive, MP3 Player, and Much More
FREMONT, Calif., June 13, 2005 (PRIMEZONE) -- Mio Technology Ltd., a leading worldwide supplier of mobile devices, today introduced the Mio 269 GPS navigation system to North America as part of a worldwide launch. The new device is a straightforward, easy-to-use GPS navigation system combined with seamless, detailed maps of the Continental U.S., Alaska, Hawaii and Canada in a sleek, palm-sized chassis. The Mio 269 is designed entirely for ease of use -- all software and maps are already included on the unit's 2.5 GB hard disk drive, so it's ready to go right out of the box.
World Am, Inc.
World Am Acquires Senz-It, Inc.
WESTMINSTER, Colo., June 13, 2005 (PRIMEZONE) -- World Am, Inc. (OTCBB:WDAM), whose wholly owned subsidiary, Isotec, Inc., conceives, develops and markets state-of-the-art security systems, announces execution of a definitive agreement for the acquisition of Senz-It, Inc. The transaction will be accomplished by a share exchange agreement.
AuGRID CEO Attends InfoComm Show in Las Vegas
CLEVELAND, June 13, 2005 (PRIMEZONE) -- AuGRID Corporation's (Pink Sheets:AGRI) CEO MJ Shaheed was among the record numbers that attended InfoComm '05 in Las Vegas, Nevada (www.infocomm.org). Shaheed joined professionals from more than 80 countries to see and discuss the latest technologies in display, audio, collaborative conferencing, networking applications and more.
Bancorp International Group
Bancorp International Group Inc. Confirms Gold Concession with Venezuelan Government
NEW YORK, June 13, 2005 (PRIMEZONE) -- Bancorp International Group Inc. (Pink Sheets:BCIT) (BCIT) ("Bancorp") is pleased to announce it has entered into an exclusive agreement with CVG (Corporacion Venezuela de Guayana) of the Venezuelan Government to commercially develop gold deposits at a site in the State of Bolivar. This agreement is for concession No. 32. There has already been infrared testing done on the property and Bancorp will be sending down a team of geologists for additional testing. The site is approximately 172 Hectares, and could generate up to 87,000 ounces of gold per year. This concession is in the El Dorado zone which is world famous for its many major discoveries. Venezuela at one time was the world's largest producer of gold.