latest news releases from the newsroom
Moventis Capital Listed in Mergent Manuals
VANCOUVER, British Columbia, Feb. 26, 2007 (PRIME NEWSWIRE) -- Moventis Capital, Inc. (OTCBB:MVTS), an acquisition and management company that acquires small and medium-sized private enterprises (SMEs) and provides resources and management to promote growth and enhance valuation, announced its listing in Mergent Manuals and News Reports(tm). Formerly known as Moody's, Mergent is a preferred supplier of business and financial data on global publicly listed companies and provides a listed company's securities with a "blue sky" manual exemption from registration in 38 states in the United States.
iPhone2 Enters Into Letter of Intent to Acquire Brooks Communication, Inc.
ALBUQUERQUE, N.M., Feb. 26, 2007 (PRIME NEWSWIRE) -- iPhone2, Inc. (Pink Sheets:IPHE) today announced a Letter of Intent to acquire Brooks Communication, Inc. of Albuquerque, NM. This is the first step in iPhone2's aggressive acquisition strategy designed to rapidly deploy iPhone2's proprietary OfficePhone2.0 products. Both iPhone2 and Brooks have initiated their due-diligence processes and expect to close the first week of March. After closing, Brooks will operate as a wholly owned subsidiary of iPhone2, Inc.
CDMA Development Group
CDG Congratulates China Unicom On CDMA Growth
COSTA MESA, Calif., Feb. 26, 2007 (PRIME NEWSWIRE) -- The CDMA Development Group (CDG) (www.cdg.org) today congratulates China Unicom, one of China's leading mobile carriers, for substantially growing its subscriber base and reaching solid profitability. China Unicom sold close to 8 million CDMA2000(r) mobile phones in 2006 and launched more than 100 CDMA phone models, a 20 percent increase from 2005. Seven out of every ten CDMA handset sold in China were priced below RMB 1000 (US$129). China Unicom ended the year with 37 million CDMA2000 subscribers.