latest news releases from the newsroom
Intepro America, LLC
Intepro America, LLC Purchases Schaffner's Power Electronics Test Business
SANTA ANA, Calif., April 26, 2006 (PRIMEZONE) -- Intepro America, LLC and The Schaffner Group AG (SWX:SAHN) announced today that they have concluded their agreement to transfer ownership of the power electronics operations of the Schaffner Group's test systems division to Intepro America, LLC of Santa Ana, California, for an undisclosed sum. Intepro America, which markets power electronics systems in North America, is acquiring Schaffner Ltd., of Limerick, Ireland, as well as the corresponding sales and service organizations in the U.K. and U.S. Schaffner Ltd. contributed approximately $4 million to the Schaffner Group's revenues in the last fiscal year.
Unique Pizza and Subs
Unique Pizza and Subs Receives Approximately $300,000 in Franchise Down Payments
PITTSBURGH, Pa., April 26, 2006 (PRIMEZONE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS), a Delaware Corporation, is pleased to announce that the Company has received over $300,000 in down payments from franchisees' from five regions in the Eastern and Mid-western United States. Unique Pizza and Subs has received down payments from franchisees' in Boston, Massachusetts, Atlanta, Georgia, Austin, Texas, Milwaukee, Wisconsin, and the Chesapeake/Norfolk, Virginia areas. Unique Pizza and Subs plans on having their first restaurants open in the Summer/Early Autumn of 2006.
Quantech Electronics Corp.
Quantech Electronics Corp. Acquires IDK UK and Completes Reverse Merger
LONDON, April 26, 2006 (PRIMEZONE) -- Quantech Electronics Corp. ("Quantech") today announced the successful completion of the reverse merger with IDK UK, in which Quantech acquired 100% of IDK UK LTD. Its trading symbol is now (Pink Sheets:QTCE). Quantech's existing board of directors and management has been replaced in its entirety by IDK. Consequently, all of IDK UK's assets, businesses and operations have been merged into Quantech.
MangaPets to Pursue Gaming Opportunities
VANCOUVER, British Columbia, April 26, 2006 (PRIMEZONE) -- MangaPets Inc. (OTCBB:MPTS) (the "Company") today announced that in addition to completing the MangaPets web portal the Company will establish a U.K. based subsidiary company which will pursue acquisitions in the gaming sector.