latest news releases from the newsroom
Universal Property Development and Acquisition Corporation
Universal Property Development to Acquire Lakeshore Apartment Complex in Cleveland, Ohio
JUNO BEACH, Fla., July 20, 2005 (PRIMEZONE) -- Universal Property Development and Acquisition Corporation (OTCBB:UPDA), a Nevada corporation, has formalized its agreement with Bratenahl Estates Development, LLC., an Ohio Limited Liability Company, to acquire Bratenahl Extension, LLC., the owner of an 83 unit apartment complex on Lakeshore Boulevard in Cleveland, Ohio, in a $1.5 million transaction involving stock, cash and assumption of debt. By acquiring Bratenahl Extension, with its existing financing and cash portfolio of approximately $300,000.00, the venture will undertake to renovate, remodel and sell an apartment complex with views of Lake Erie.
Sagient Research Systems
PlacementTracker Publishes Q2 2005 PIPE Market League Tables
SAN DIEGO, July 20, 2005 (PRIMEZONE) -- Sagient Research Systems (OTCBB:SRYS), a leading publisher of independent research for the financial services and institutional investment communities, today announced that Deutsche Bank Securities, Inc. ranked as the No. 1 investment bank in the PIPE market in the second quarter 2005 for total dollars raised and that H.C. Wainwright & Co., Inc. ranked as the No. 1 investment bank in the PIPE market for total number of transactions. Iroquois Capital, L.P. topped the list of most active institutional investors during the second quarter 2005.
Braintech Receives Additional ABB Orders for a Major North American Automaker
VANCOUVER, British Columbia, July 20, 2005 (PRIMEZONE) -- Braintech Inc. (OTCBB:BRHI), a leading provider of vision guided robotic, ("VGR") software solutions, announced today that it has received two additional orders for eVisionFactory(tm), ("eVF(tm)") built VGR solutions from global industrial giant, ABB Inc. eVF solutions are an exclusive and integral part of ABB's Trueview(tm) brand of vision enabled robots specifically designed for its automotive customers.
QLogic Unveils SAN Express Storage Networking for SMBs
ALISO VIEJO, Calif., July 20, 2005 (PRIMEZONE) -- QLogic(r) Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), stackable switches and blade server switches, today introduced SAN Express(tm), a portfolio of products built from the ground up for first time SAN users. The SAN Express line is designed for QLogic channel partners around the world to easily migrate small and medium businesses (SMBs) from direct attached storage to SANs. The low cost SAN Express line is designed to accelerate SAN penetration of global markets, including the fast growing Asia-Pacific and Eastern European markets. The SAN Express product line features SANbox(r) Express 1400 switches, SANblade Express 200 host bus adapters, SANsurfer(r) Express software, and SAN Express Starter Kits. A turn-key SAN Express Starter Kit with one switch, two HBAs, software and accessories has an MSRP of only $3,295 and can be installed by a technical generalist in minutes.
Limelight Media Group Inc
Limelight Media Group Unveils Government Sector Offering and Contracts
SEATTLE, July 20, 2005 (PRIMEZONE) -- Limelight Media Group, Inc. (OTCBB:LMMG) an innovator in the content, creation and management of out-of-home digital advertising and information networks, announced today that it has completed development of a new offering designed for the government services sector. Earlier this month the company signed a contract with the Northwest/Arctic Region of the U.S. General Services Administration (GSA) and completed installation of the system, which includes 12 display screens, in public areas throughout the U.S. Federal Court House in Seattle, Washington. The GSA is using the system to streamline the flow of highly useful information from single display sources located throughout the Court House. With more than two years in development, the unique standalone information displays provide the general public and building tenants with time-sensitive court information combined with real-time public resource information. The information systems also addresses issues raised under the Homeland Security Act, which is seeking methods to provide real-time information to individuals in government and public settings. The fully touch-interactive screens, are horizontally positioned for easy access and currently include schedules for District Court and Bankruptcy Court hearings, animated maps of courtroom locations, building services and amenities, along with court announcements, security alerts and dynamic, up-to-the-minute images of weather forecasts and weather cams from the Washington State Department of information.
FTS Wireless, Inc.
FTS Wireless Launches First Hispanic Radio Campaign
TAMPA, Fla., July 20, 2005 (PRIMEZONE) -- FTS Wireless, Inc., a subsidiary of FTS Group, Inc. (OTCBB:FLIP), a leading distributor of wireless products and services including handsets, ring tones, content and other next-generation communication devices, today announced that it will launch its first ever radio campaign targeted at the high-growth Hispanic market.
LoLo Company and Laughter Heals Foundation Announces America's Funnest Kid 'Emily'
SAN DIEGO, July 20, 2005 (PRIMEZONE) -- Bubbly nine year old Emily Zagorski has just been named "America's Funnest Kid of the Year" after an extensive nationwide search cosponsored by LoLo (toy) Company and the Laughter Heals Foundation. The annual outreach project spotlights FUNtastic children as positive role models. However, the Plano, Texas resident is anything but plain! Emily courageously battles the pains of Juvenile Rheumatoid Arthritis (JRA) with a "gargantuan" (one of her favorite words) amount of laughter, love, and activism! She is best known within her community and nationwide for creating a character, "Special Agent Emily" for the Absolutely Mindy Show heard on Satellite Radio. Even that success came from her wonderful demeanor. She started calling radio stations to tell them jokes as a way of keeping cheerful while lying ill in bed for days.