latest news releases from the newsroom
Eternal Energy Corp.
Eternal Energy Corp.: North Sea Exploration Well Planned
LITTLETON, Colo., May 23, 2006 (PRIMEZONE) -- Eternal Energy Corp. (OTCBB:EERG) announced that it entered into a letter agreement with International Frontier Resources Corporation ("IFR"), Palace Exploration Company Limited ("Palace"), Oilexco Incorporated ("Oilexco"), and Challenger Minerals (North Sea) Limited ("CMNS") under which Oilexco and Eternal Energy will drill a test well to evaluate the Laurel Valley prospect located in Quad 14 in the Outer Moray Firth area of the UK North Sea. Two prospective Jurassic oil targets and the Lower Cretaceous section identified on a 255 square kilometer 3D seismic survey will be evaluated by the he Laurel Valley #1 well. Eternal Energy will fund 12.50% of the drilling costs.
Industrial Enterprises of America, Inc.
Industrial Enterprises of America Releases Third Quarter Financials
NEW YORK, May 23, 2006 (PRIMEZONE) -- Industrial Enterprises of America, Inc. (OTCBB:ILNP) a specialty automotive aftermarket supplier, today announced results for the fiscal third quarter ended March 31, 2006. The Company recorded revenues of $9,030,898 for the quarter, representing an increase of over 300% compared to the fiscal third quarter ended March 31, 2005. ILNP recorded a net loss of $2,276,927 for the quarter compared to a net loss of $703,211 in the same quarter last year.
Biogenerics Outlines Acquisition Program
TYLER, Texas, May 23, 2006 (PRIMEZONE) -- Biogenerics Limited (Pink Sheets:BIGN) announces it has entered into a Letter of Intent to purchase the assets, operations and all oil/gas leases from an East Texas operator and drilling company which has been in the oil industry for over 30 years. The agreement is expected to be signed within 72 hours.
MEDirect Latino, Inc.
MEDirect Latino to Attend Trade Mission to China
PLANTATION, Fla., May 23, 2006 (PRIMEZONE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, announced today the Company will participate in Business Mission: China 2006, June 2 - 14, 2006, as an invited delegate for an official visit to the People's Republic of China. The itinerary, with scheduled meetings in Shanghai, Chengdu and Beijing, is coordinated by Broward County Office of Economic Development, The Broward Alliance and certified by Enterprise Florida Inc., the Governor's public private economic development organization.
Market Pulse Announces Corporate Profile On 110 Media Group, Inc.
ATLANTA, May 23, 2006 (PRIMEZONE) -- 110 Media Group, Inc. (OTCBB:ONTN) announced that the company is now profiled on Market-Pulse.com. 110 Media Group is a leading media marketing company in the dynamic do-it-yourself consumer website and commercial portal development. 110 Media Group specializes in the marketing of products utilizing direct email, online exposure and traditional methods. The company offers manufacturers, resellers and service providers a reliable, high-quality resource for business development, market development, and channel development. Market Pulse's profile focuses on 110 Media Group's subsidiaries, its products and services, the markets, management, recent developments and the future. Individuals interested in more information on the company can view the profile at http://www.market-pulse.com/ontnprofile.htm.
ON24 Signs Webcasting Agreement With athenahealth, Inc.
SAN FRANCISCO and WATERTOWN, Mass., May 23, 2006 (PRIMEZONE) -- athenahealth, Inc., the premier provider of web-based software, knowledge, and services for medical practices and ON24, the leading webcast and multimedia communication solutions provider, today announced that they have signed a Master Services Agreement to produce a series of webcasts using ON24's Webcast Center platform.
Buy.com Appoints Neel Grover CEO
ALISO VIEJO, Calif., May 23, 2006 (PRIMEZONE) -- Buy.com(r) (www.buy.com) today announced that Neel Grover was appointed as the Chief Executive Officer of Buy.com effective May 19, 2006. Mr. Grover has served Buy.com as a member of the Board of Directors since November 2001, as its President since September 2003, and as its Chief Operating Officer since October 2004.