latest news releases from the newsroom
Quest Oil Initiates Acquisition of Brokenstraw's 215 Production Oil Wells
ARLINGTON, Texas, Feb. 28, 2005 (PRIMEZONE) -- Quest Oil Corporation (OTCBB:QOIL) has signed a letter of intent with Brokenstraw Oil Development Co., (Brokenstraw) to purchase all assets for a combination cash and stock purchase transaction. The transaction is scheduled to close on March 21, 2005, and is subject to QUEST obtaining the necessary financing, and the execution of a definitive Purchase and Sale Agreement. The Company's website; www.questoil.com will provide additional corporate information.
Kineto Wireless and Airespace Collaborate to Bring UMA-based Cellular-WLAN Convergence to the Enterprise
SAN JOSE, Calif., Feb. 28, 2005 (PRIMEZONE) -- Airespace, Inc., the leader in intelligent enterprise Wireless LAN (WLAN) Systems, and Kineto Wireless, the key innovator and leading supplier of UMA (Unlicensed Mobile Access) Technology, announced today that the two companies have certified interoperability between the Kineto UMA mobile service solution and the Airespace Wireless Enterprise Platform. Through this collaboration, Airespace and Kineto have demonstrated the first enterprise class solution for 802.11-GSM convergence, paving the way for the seamless delivery of high-performance mobile voice and data services over secure enterprise wireless networks.
Vision Solutions to Acquire OS Solutions
IRVINE, Calif., Feb. 28, 2005 (PRIMEZONE) -- Vision Solutions, the industry standard in eServer High Availability, today announced that an agreement has been reached to acquire the business of UK-based OS Solutions, a leading provider of advanced systems management, disk and data optimization and SMB High Availability for the iSeries market.
RG America Inc
RG America Introduces revSMART Program for the Mortgage Industry
DALLAS, Feb. 28, 2005 (PRIMEZONE) -- RG America (OTCBB:RGMI) announces that its division, RG Insurance Services, Inc (RGIS) is introducing the new revSMART(sm) program for participating mortgage brokers. This is the newest member of the "SMART" family of programs from RG America. The program provides mortgage brokers additional revenue opportunities on new loans where clients would benefit from an insurance review by an independent agency. "Our program benefits all parties because the broker can earn incremental revenue while having the confidence that we enhance the clients overall experience through superb client service. The client is assured that they are getting the best insurance value for the coverage because we are an independent agency that will shop several markets for the best policy for each client's unique needs," commented William Fink, COO of RGIS.
Gulf Biomedical Corporations
Gulf Biomedical Corporation To Launch National Sales Campaign For New Breakthrough Product, HairMagic
HOUSTON, Feb. 28, 2005 (PRIMEZONE) -- Gulf Biomedical Corporation (Pink Sheets:GBIC), today announced the immediate launch of a national online sales campaign on behalf of HairMagic(tm), its new breakthrough entry in the billion dollar hair restoration market. To create and execute the sales effort, the HairMagic developer has engaged Attack Marketing, a reputable Texas sales and promotion firm, which will take a "hard facts approach" to selling the product. The sales campaign will highlight HairMagic's advantage over its competition in its guarantee that is scientifically proven to assist and promote hair growth. The sales campaign comes after HairMagic scored 100% success in its treatment of 70 hair loss patients, according to Jack Burney, head of Attack Marketing. Mr. Burney stated: "After only four weeks, each of the 70 reported the sight of quarter-inch tendrils of new hair growing on their heads where none grew before. While the evidence is anecdotal, it is so strong and positive, that HairMagic decided to go ahead and hit the market with the product, even as more formal testing gets underway."