latest news releases from the newsroom
Acies Corporation Receives Approximately $1.1 Million in Institutional Funding
NEW YORK, Feb. 8, 2005 (PRIMEZONE) -- Acies Corporation (OTCBB:ACIE), an emerging leader in payment processing and electronic banking services to small and medium size merchants across the United States, today announced that it has received $1,067,500 in institutional and high net worth funding. In addition, the company may receive an additional $2,135,000 in proceeds, if the common stock purchase warrants issued pursuant to the financing are exercised, bringing total financing commitment up to $3,202,500.
Pinnacle Resources, Inc.
Pinnacle Obtains $1 Million Financing Commitment
ENGLEWOOD, Colo., Feb. 8, 2005 (PRIMEZONE) -- Pinnacle Resources, Inc (OTCBB:PNRR) (Frankfurt:PIN:) announced that it has obtained a $1 million commitment of permanent, long-term financing. "The financing will be a combination of equity and non-recourse debt funding that is non-toxic and minimally dilutive to the shareholders," said R.A. Hildebrand, the Company's CFO.
Reeltime Rentals, Inc. Retains Cypress Consulting to Lead Web Development
SEATTLE, Feb. 8, 2005 (PRIMEZONE) -- Reeltime Rentals, Inc., (Pink Sheets:RLTR) announced that it has retained the services of Cypress Consulting to lead the Company's branding and web development efforts. Cypress will provide complete end-to-end design and development of ReelTime's consumer web interface for the roll-out of ReelTime's Rental-on-Demand service. Cypress is an acknowledged expert in their field, and will be developing the new application's back-office systems as well as the front-end interface accessed by customers via the public website. The new website will allow consumers to create membership accounts and download DVD-quality movies to their Internet-enabled devices, such as computers and set-top boxes.
Healthnostics Announces News Database Service with Reuters Health
BETHESDA, Md., Feb. 8, 2005 (PRIMEZONE) -- Healthnostics, Inc. (Pink Sheets:HNST), a medical and bioscience information analytics and patient care improvement company, today announced a link up with Reuters Health to create a locally archived database of Reuters Health news offering reprints and e-prints of Reuters Health professional news in conjunction with Reuters' archive distribution partner, Valeo IP.