latest news releases from the newsroom
Brower Piven, A Professional Corporation
Law Offices Of Charles J. Piven, P.A. Announces Class Action Lawsuit Against Career Education Corporation
BALTIMORE, Md., Jan. 14, 2004 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action has been commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of Career Education Corporation (Nasdaq:CECO) between April 22, 2003 and December 2, 2003, inclusive (the "Class Period").
eCom eCom.com, Inc. Announces American Capital Holdings, Inc. Asset Acquisition of Spaulding Ventures, LLC
ORLANDO, Fla., Jan. 14, 2004 (PRIMEZONE) -- eCom eCom.com (OTCBB:ECEC) today announced American Capital Holdings, Inc. has finalized the purchase of Spaulding Ventures LLC, a private equity fund; the audited value of this rights exchange totals $10,875,000.
Parker Waichman Alonso LLP
Parker & Waichman Reports WCOEQ and MCWEQ Shareholders Won't Benefit from MCI WorldCom U.S. Government Contract as Shares will be Cancelled
NEW YORK, Jan. 14, 2004 (PRIMEZONE) -- Parker & Waichman (www.worldcomstockfraud.com) is encouraging all MCI WorldCom (Pink Sheets:WCOEQ) (Pink Sheets:MCWEQ) (Pink Sheets:MCIAV) investors to evaluate their legal options. This announcement comes in response to thousands of inquiries about the status of MCI WorldCom shares trading under the ticker symbols WCOEQ and MCWEQ. Parker & Waichman has been contacted by thousands of WCOEQ and MCWEQ shareholders who believed their investments would recover as a result the positive developments that were recently announced by the Company. These shareholders were unaware that shares of WCOEQ and MCWEQ will most likely be cancelled when MCI WorldCom emerges from bankruptcy.
eMax Holdings Corporation
Xenicent and eMax Net, Inc. terminate Letter of Intent
ORLANDO, Fla., Jan. 14, 2004 (PRIMEZONE) -- eMax Net, Inc., a Florida corporation minority owned by eMax Corporation (Pink Sheets:EMAX) and Xenicent (OTCBB:XCNT) have agreed to terminate the letter of intent between the two companies wherein eMax Net would have acquired approximately 85% of Xenicent. The parties have agreed that the transaction could not be completed in a timely enough manner to satisfy the interests of the companies. "Upon further review by the management and directors, we felt it was more valuable to our shareholders and the shareholders of eMax if we did not go forward with the acquisition," stated Don O'Neill VP of eMax Net, Inc.
21st Century Technologies, Inc.
21st Century's Investment Bankers Place $250,000 as Part of $2.5 Million Private Placement
LAS VEGAS, Jan. 14, 2004 (PRIMEZONE) -- Compass Capital Group, a New York-based private investment firm, has placed $250,000 as part of a $2.5 million commitment to 21st Century Technologies, Inc. (OTCBB:TFCT). The purchase of 1,000,000 shares of TFCT at $0.25 per share is being placed at a significant premium to the current market price of the stock to a private hedge fund. The premium paid relates directly to the placement by Compass Capital of John C. Hopf to the board of directors of 21st Century to oversee the acquisitions to be made with these and other funds raised by Compass Capital. Arland D. Dunn, President and CEO of 21st Century, said, "To date, Compass Capital has raised over $5 million for 21st Century and continues to do an outstanding job for us, not only in the provision of capital, but also assisting 21st Century in acquisition candidates as well as general corporate guidance."
ANTs Software, Inc.
ANTs software inc. President and COO Gary Ebersole Leaving Company
BURLINGAME, Calif., Jan. 14, 2004 (PRIMEZONE) -- ANTs software inc. (OTCBB:ANTS), announced today that Gary Ebersole will be leaving the company at the end of this month and will resign as President, COO, and Director. "My goal in joining ANTs about one year ago was to set direction, develop and implement the company's first marketing and product development programs. With those goals accomplished, ANTs is now well on its way to establishing a market presence," said Mr. Ebersole. "At this time, I have an opportunity to pursue another venture that I had put on hold when I joined the company. I wish ANTs every success and will be following its progress closely," said Mr. Ebersole.
United Online, Inc.
United Online Announces Fourth-Quarter Earnings Release Date and Conference Call
WESTLAKE VILLAGE, Calif., Jan. 14, 2004 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), the nation's leading provider of value-priced Internet access services, today announced that it will release results for the fourth quarter of its fiscal year ended December 31, 2003, before market open on February 4, 2004. United Online recently changed its fiscal-year end from June 30 to December 31.