latest news releases from the newsroom
Grand Entertainment & Music, Inc.
Grand Entertainment & Music, Inc. Announces Hurricane Katrina Relief Fund
MONTREAL, Sept. 2, 2005 (PRIMEZONE) -- Grand Entertainment & Music Inc. (Pink Sheets:GENM) announced today the development of the "Gem Music Relief Fund." Gem has agreed to designate a percentage of future sales to help the victims of Hurricane Katrina. Gem may also pursue the idea of a benefit concert that will feature a host of Gem, Gem-Latina, and Mango Music World signed artists. All plans are in the preliminary stages and further developments will be announced at a later date. The company is also soliciting other music, entertainment, and publicly traded companies to help in all fund raising efforts.
Habanero Resources Inc.
Habanero President Interviewed on Leading Internet-Based Publishing Platform
VANCOUVER, British Columbia,, Sept. 2, 2005 (PRIMEZONE) -- Habanero Resources Inc. (Other OTC:HBNRF) (TSX Venture:HAO) ("HAO") wishes to report that its president, Jason Gigliotti, was interviewed by Audiostocks.com. The interviewed focused on the direction of HAO, its strong current financial position and the multiple oil and gas drill programs that are about to recommence. To listen to the interview please visit http://www.audiostocks.com.
Trond Westlie new Executive Vice President and CFO of Telenor ASA
OSLO, Norway, Sept. 2, 2005 (PRIMEZONE) -- Trond OE. Westlie (44) has been appointed Executive Vice President and Chief Financial Officer (CFO) of Telenor ASA. He will take up the position on 15 September, taking over from Torstein Moland. Moland has decided to step down in connection with his upcoming 60th birthday.Westlie is currently Director of Finance at Telenor ASA. He is a Certified Public Auditor and was educated in Norway. Westlie joined Telenor a year ago, from Aker Kvaerner ASA, previously Aker Maritime ASA, where he was Executive Vice President and CFO. Westlie has previously held a number of executive positions at Aker RGI ASA.
Visiphor Reaches Settlement With OSI Systems
VANCOUVER, British Columbia, Sept. 2, 2005 (PRIMEZONE) -- Visiphor Corporation ("Visiphor") (OTCBB:VISRF) (TSX-V:VIS) (DE:IGYA) is pleased to announce today it has reached a settlement in a long standing dispute with OSI Systems of Hawthorne, California. The terms of the settlement include a series of payments from Visiphor to OSI totaling $400,000 (U.S.). The first payment of U.S. $100,000 has been made and the remaining two payments of U.S. $125,000 and U.S. $175,000 will be made on October 31, 2005 and December 31, 2005, respectively. The settlement is more than the previously recorded liability amount by U.S.$150,000. Management felt that absorbing this cost now was far better than the incurring the significant costs and risks associated with arbitrating the matter.
CyberAds Pursuing Off-Road Industry
TORRANCE, Calif., Sept. 2, 2005 (PRIMEZONE) -- CyberAds, Inc. (OTCBB:CYAD) announced today that its new business development team will be attending the SEMA Show in Las Vegas, November 1 through 4. SEMA (an acronym for Specialty Equipment Market Association) is touted by leading industry publications as the "premier automotive specialty products trade event in the world". The fastest growing section of the show features Truck's, SUV's and Off Road vehicles and will include over 2,000 exhibits by over 350 companies. For information about the show, please visit www.SEMAshow.com.
Sectra Delivers PACS to University of Arkansas for Medical Sciences
LINKOPING, Sweden, Sept. 02, 2005 (PRIMEZONE) -- Sectra, a major provider of enterprise and imaging center PACS, and its partner Southeast Imaging, headquartered out of Little Rock Arkansas will provide Sectra PACS, a comprehensive digital image management system, to the University of Arkansas for Medical Sciences (UAMS) in Little Rock, Arkansas. Sectra will deliver all PACS software to UAMS and Southeast Imaging will provide implementation and support services.
Energy Source, Inc.
Bancorp International Group Announces Temporary Share Trading Suspension
NEW YORK, Sept. 2, 2005 (PRIMEZONE) -- Bancorp International Group (Pink Sheets:BCIT) ("BCIT") has cooperated fully with the SEC from the first moment of contact between the regulator and the company and has made available to the SEC all materials in its possession relevant to an investigation. The company believes such contact with the authorities who have jurisdiction over these matters will result in resolving the counterfeit share issue.