latest news releases from the newsroom
Wataire Industries Inc.
Wataire Industries, Inc. to be Featured on Discovery Channel 'Daily Planet' Program
VANCOUVER, British Columbia, Feb. 21, 2006 (PRIMEZONE) -- Wataire Industries Inc. (Pink Sheets:WTAF), an International company focusing on developing and delivering technology-based water generation and purification products worldwide, is pleased to announce the Company will be featured on Discovery Channel's "Daily Planet" on Tuesday, February 21, 2006. The program airs at 8 p.m. Atlantic; 7 p.m. Eastern; 6 p.m. Central; 5 p.m. Mountain; and 4 p.m. Pacific time.
DATAllegro Appoints Head of Corporate Development
ALISO VIEJO, Calif., Feb. 21, 2006 (PRIMEZONE) -- DATAllegro, supplier of data warehouse appliances that lead the industry in price and performance, today announced that it has appointed Cliff Currie as head of Corporate Development effective immediately. In addition to his new role, Cliff will retain his title and responsibilities as VP of Business Development.
BICO Signs Definitive Agreement to Acquire Vegas Wireless Entertainment
DOVE CANYON, Calif., Feb. 21, 2006 (PRIMEZONE) -- BICO, Inc. (OTCBB:BIKO) is pleased to announce the signing of a definitive agreement to acquire 100% of the issued and outstanding stock of Vegas Wireless Entertainment, Inc. "Vegas Wireless." Vegas Wireless specializes in the creation and distribution of mobile entertainment software products. The acquisition is expected to close in March.
Emerge Capital Corp.
Turnaround Expert Fred Zeidman Serving as Emerge Capital Corp. Chairman
HOUSTON, Feb. 21, 2006 (PRIMEZONE) -- Emerge Capital Corp. (OTCBB:EMGC) announced details today concerning Fred Zeidman serving as Chairman of The Board of Emerge Capital Corp. Mr. Zeidman is internationally known as a turnaround expert and business developer. Mr. Zeidman's experience includes acting as Chairman and CEO of Seitel, Inc. (OTCBB:SELA), which he recently led through a successful $300 million reorganization, with all creditors being paid one hundred cents on the dollar. Since his appointment in 2002, the Seitel market capitalization has grown from $4 million to approximately $365 million today. Additionally, Mr. Zeidman was appointed as co-trustee of the AremisSoft Liquidating Trust, which has recovered approximately $240 million in what has been described as one of the largest recoveries ever achieved in a stock fraud case. Mr. Zeidman also contributes a significant amount of his time serving as Chairman of the United States Holocaust Memorial Council in Washington, D.C., as well as devoting time to numerous other philanthropic endeavors.