latest news releases from the newsroom
China Direct Trading Corp.
China Direct Trading Corp. Appoints Two Experienced Chinese Trade Executives as Board Members
DAVIE, Fla., Jan. 6, 2005 (PRIMEZONE) -- China Direct Trading Corp. (OTCBB:CHDT) ("CHDT"), a global trader of products to and from Asia, appointed Susan Xu, current director of China Operations for CHDT in Beijing, and Lorenzo Lamadrid, an experienced twenty-year veteran of China-related business activities, to the CHDT Board. The appointments are effective as of January 6, 2005.
FTS Wireless, Inc.
FTS Wireless to Open Superstore and Mobile Content Site by February 1st
TAMPA, Fla., Jan. 6, 2005 (PRIMEZONE) -- FTS Wireless, Inc., a wholly owned subsidiary of FTS Group, Inc. (OTCBB:FLIP), an operator of retail wireless locations that market and sell next-generation wireless products, and services and operates Wi-Fi Hot Spots, today announced its new wireless superstore in Tampa, Fl. will open by February 1st.
Agent155 Media Group Inc.
Level II Free Real-time Quotes Now Available on Pinksheets.com for Agent155 Media Group
SAN DIEGO, Jan. 6, 2005 (PRIMEZONE) -- Agent155 Media Group, Inc. (Pink Sheets:AGMG), A provider of multi-media content management tools, providing exposure, networking and collaboration opportunities to models, performers, artists, athletes, musicians, filmmakers and agencies worldwide, today announced that it has contracted with Pinksheets.com to provide live Level II quotes on the Pink Sheets website located at, http://www.pinksheets.com/quote/quote.jsp?symbol=agmg and also on the company's investors website launching soon..
Emtec Inc. Announces Completion of Consolidation Plan
TRENTON, N.J., Jan. 6, 2005 (PRIMEZONE) -- Emtec Inc. (OTCBB:ETEC), a systems integrator providing technology solutions to enable customers to effectively use and manage data to grow their businesses, today announced that it had completed the final phase of its office consolidation plan with the sub-lease of its New York office located at 880 3rd Avenue and the move to a smaller office located at 116 West 23rd Street, New York, N.Y. "I'm happy to report that we have completed this last phase of office consolidation in our Northeast Region," said John Howlett, CEO. "After giving effect to a one-time expense of approximately $480,000, we will still have an ongoing total annual savings of approximately $500,000 from these office consolidations that began in April 2004."
Coastal Holdings, Inc.
Coastal Holdings, Inc. Retires 1,666,666,668 Shares to Treasury
HOUSTON, Jan. 6, 2005 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ), a leading edge global technology holding company, announced today that it has retired 1,666,666,668 shares to the Company's treasury, thereby reducing the total number of issued and outstanding shares. The restricted shares were originally issued to fund one of the Company's major investments in lieu of cash. CSJJ is pleased to report that it has accumulated the required cash to fund the investment and has financed the transaction as such in place of the original restricted shares. CEO Andrea Cortellazzi stated, "The retiring of these restricted shares is definitely a positive development for the company that will add significant shareholder value."