latest news releases from the newsroom
Aristotle Software for Schools Provides Electronic Student Supervision
LA CROSSE, Wis., Jan. 17, 2006 (PRIMEZONE) -- With the recent rash of school shootings and student suicide attempts, Sergeant Laboratories sought to develop a program that could possibly help combat this problem facing school systems today. Sergeant Laboratories has designed Aristotle software that gives teachers and school administrators control over student computer use. As well as tracking who's doing what and why on what computer, Aristotle(tm) monitors any potential problems of users. Aristotle can help prevent potential tragedies and ward off possible disasters as it has proved in the case of a Wisconsin school.
Panasonic Wins 2006 PC World Innovations Award For Their Oxyride Extreme Power Battery
SECAUCUS, N.J., Jan. 17, 2006 (PRIMEZONE) -- Panasonic's Oxyride(tm) Extreme Power(tm) battery - a new, first-of-its-kind technology designed for the digital era, was honored by PC World, the most widely-read computer or business magazine, with a 2006 PC World Innovations Award. The PC World Innovations Awards recognize both benchmark and breakthrough products that set the standard for innovation with unique qualities that distinguish them from the pack. PC World's editors compared hundreds of products before narrowing the field to include Panasonic's Oxyride Extreme Power battery among the 25 winners.
FTS Wireless, Inc.
FTS Wireless Closes Acquisition
TAMPA, Fla., Jan. 17, 2006 (PRIMEZONE) -- FTS Group, Inc. (OTCBB:FLIP), a publicly traded acquisition and development company operating in the wireless space through its wholly owned subsidiary, today announced that FTS Wireless has acquired three additional Metro PCS authorized retail wireless locations from Largo, Florida based Beyond Wireless in an all cash asset purchase.
Patriot Motorcycle Corporation
Patriot Motorcycle Corporation Receives Environmental Protection Agency Certification
SAN CLEMENTE, Calif., Jan. 17, 2006 (PRIMEZONE) -- Patriot Motorcycle Corporation (Pink Sheets:PMCY), exclusive worldwide distributor of the Patriot OffRoad(TM) line of Dirt Bike motorcycles and All-Terrain Vehicles (ATVs) and the Steed(R) by Patriot(TM) domestic line of V-Twin custom street bikes, today announced it has received Environmental Protection Agency (EPA) certification for its Steed(R) by Patriot(TM) and Patriot(TM) V-Twin lines of custom and production V-Twin street bikes fitted with 111, 117 and 124 cubic inch displacement engines.
Pacific Energy Resources Ltd.
Pacific Energy Resources Ltd. Private Placement Financing
LONG BEACH, Calif., Jan. 17, 2006 (PRIMEZONE) -- Pacific Energy Resources Ltd. (the "Company") (TSX-V:PFE) is pleased to announce it has closed a financing in the amount of US $13,000,000. This financing consists of the following components: a US$8,000,000 senior secured note (non-convertible) and a three year US$5,000,000 secured convertible note, convertible into common shares of the company at a conversion rate of CAD $0.86 per share. Additionally, Pacific Energy granted 3,714,286 bonus warrants with each warrant exercisable into a share at a price of CAD$0.99 per share for the first 1,857,143 shares and CAD$1.19 per share for the remaining 1,857,143 shares. The term of the warrant is five years. This financing is subject to regulatory approval. The Company has also paid a finder's fee of US$300,000 cash and has issued 790,363 finder's fee warrants in connection with this financing. Each finder's fee warrant is exercisable into a share at a price of US$0.88 (approx. CAD$1.03 at current exchange rates) per share for a period of three years.