latest news releases from the newsroom
American Stellar Energy, Inc.
American Stellar Energy, Inc. Completes Funding & Applies For Drilling Permit
CHICAGO, Feb. 25, 2004 (PRIMEZONE) -- American Stellar Energy, Inc. (AMRS-NQB-PS) is pleased to confirm that an agreement to develop the Corsicana Oil & Gas project has now been signed with Armen Energy Corp., the project operator. In addition, the funding for Phase 1, which initiates the development of the Corsicana Project, has been received and the permitting process will now be commenced. It is expected that this process will take 2 to 3 weeks, allowing for drilling to commence shortly after the permit is secured.
Sub-Surface Waste Management
SSWM Reports First Quarter FY 2004 Results
CARLSBAD, Calif., Feb. 25, 2004 (PRIMEZONE) -- Sub-Surface Waste Management of Delaware, Inc., (OTCBB:SSWM) today announced financial results for the first quarter of fiscal year 2004 ending September 30, 2004. Revenues declined from the same period in the prior year as the company shifted its emphasis from bonded work to non-bonded contracts still in bidding stages.
Bitfone Earns 2004 Cutting Edge Promise Award at 3GSM World Congress
CANNES, France, Feb. 25, 2004 (PRIMEZONE) -- Bitfone Corporation (www.bitfone.com), the company that pioneered over-the-air (OTA) updates for mobile phones, was awarded the 2004 Cutting Edge Promise award during the Cutting Edge, Venture-funded Technologies session at the 3GSM World Congress in Cannes. The award was presented to the company with the best elevator pitch from a field of more than 25 venture-funded companies in technology categories including Device & Semiconductor, Operator Infrastructure, Operator Middleware, Operational Support Systems, Applications Enablers, and Infrastructure Enablers. Bitfone's winning presentation, entitled "mProve(tm) Revolutions" for the company's leading technology that updates a mobile phone's core embedded software over the air, was inspired by "The Matrix" movie trilogy.