latest news releases from the newsroom
The Project Group Inc.
The Project Group, Inc. Announces 2003 Results
HOUSTON, April 15, 2004 (PRIMEZONE) -- The Project Group, Inc. (OTCBB:PJTG), a leader in business intelligence solutions, announced today that its revenues for 2003, previously estimated at $1,940,000, actually came in at $1,962,182. These results are an increase of more than 23% as compared to revenue in 2002 of $1,588,562. The total net loss in 2003 of $1,411,612 includes $469,400 in non-cash charges. These amounts are consistent with the anticipated cost of building PJTG's capabilities and presence in the marketplace.
Maximum Dynamics, Inc
Maximum Dynamics, Inc. Signs Term Sheet to Acquire 40% of Intesol Corporation (Pty) Ltd.
COLORADO SPRINGS, Colo., April 15, 2004 (PRIMEZONE) -- Maximum Dynamics, Inc. (OTCBB:MXDY), a projects management and back office services company with subsidiaries focused on technology solutions, business process management and wireless communications, announced today that it has signed a term sheet to acquire 40% of Intesol Corporation (Pty) Ltd. ("Intesol"), a 54% South African Black Economic Empowerment (BEE) technology company.
Independent Research Firm Names Whale as a Leader in the SSL VPN Market
FORT LEE, N.J., April 15, 2004 (PRIMEZONE) -- Whale Communications, the leading Application Aware(TM) SSL VPN vendor, today announced that it has been named as a leader in the March 2004 Forrester Wave(TM) report, titled: "Making SSL VPNs a Strategic Part of Your Network." The report ranked eight vendors in the space and noted Whale for its primary focus on large enterprises and cited Whale for its clear value proposition, very strong technology and being in the top three in market share.
NeoNet's New Issue Fully Subscribed
STOCKHOLM, Sweden, April 15, 2004 (PRIMEZONE) -- NeoNet's new issue of debentures with associated warrants, with preferential rights to existing shareholders, was well received. The interest resulted in a significant oversubscription.
110 Media Group
MarketShare Recovery, Inc. Announces 119% Increase in Net Revenues and a 6% Decrease in Cost of Revenues
MELVILLE, N.Y., April 15, 2004 (PRIMEZONE) -- MarketShare Recovery, Inc. (OTCBB:MSRY) on April 14th filed its form 10KSB showing Net revenues increased by 119% from approximately $308,317 for the twelve months ended December 31, 2002 to approximately $674,146 for the twelve months ended December 31, 2003. The increase in revenues was a result of our expansion of products and services which has grown our customer base to include new customers who operate in the public market space and have in certain instances paid the Company in freely tradable marketable securities.
eMax Holdings Corporation
eMax Corp Forms eMax Adventures, Inc.
ORLANDO, Fla., April 15, 2004 (PRIMEZONE) -- eMax Corporation (Pink Sheets:EMAX) today announced the formation of a new subsidiary company eMax Adventures, Inc., a Florida Corporation, as the second of four planned ventures in the company's second round of business development activities. eMax Adventures will target family oriented sport and leisure travel initially focusing on ownership of SCUBA dive operations and resorts in the US, Gulf of Mexico and Caribbean developing a series of all-inclusive travel options compatible with family budgets.