latest news releases from the newsroom
Sonoran Energy, Inc.
Sonoran Energy: Third Party Geologic Review Identifies Additional 640,000 Barrels of Production
LOS ANGELES, June 3, 2003 (PRIMEZONE) -- Sonoran Energy, Inc. (OTCBB:SNRN) announced today the results of a 3rd party geologic review commissioned by the Company and operating partner Longbow LLC on the Emjayco Glide #33 Property holdings. The results of the geologic review conducted by a California Registered Geologist, indicate that the Pyramid Hill Sands -- located above the producing reservoirs on the 160-acre leasehold in the Mount Poso Oil Field -- are untapped and new well locations are needed to produce an additional 640,000 barrels of proved undeveloped (PUD) reserves.
FindProfit Provides Investment Outlook for Select Small Cap Stocks
PRINCETON, N.J., June 3, 2003 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment advisory service that delivered a +73% audited return in 2002, announced today that it has provided to trial and paid subscribers its latest investment research and analysis on several select small capitalization stocks. Two of the profiled stocks include Opsware (Nasdaq:OPSW) and RCN Corp. (Nasdaq:RCNC).
FirstBingo.com and Second City Entertainment Join Forces to Produce Television Game Show
TORONTO, June 3, 2003 (PRIMEZONE) -- FirstBingo.com (OTCBB:FBGO) is pleased to announce that it has entered into a production agreement with Second City Entertainment, the birthplace of such stars as Mike Myers, John Candy, Martin Short and Eugene Levy and the creators of the multiple EMMY Award winning SCTV series. Under the terms of this agreement, Second City will provide expertise, resources and Executive Production services in support of the production and television delivery of First Bingo's "Trivia Bingo TV" Series.
Altair Nanotechnologies Inc.
Altair Nanotechnologies Receives Positive RenaZorb Animal Test Results; RenaZorb, A Nanotechnology-Based Drug Candidate For Phosphate Control in Kidney Dialysis Patients, Shows Phosphate Binding In Dogs And 5/6 Nephrectomized Rats
RENO, Nev., June 3, 2003 (PRIMEZONE) -- Altair Nanotechnologies, Inc. (Nasdaq:ALTI) announced today that it has negotiated an agreement allowing the disclosure of new animal testing data to interested third parties. Under the previous non-disclosure agreement with the participating pharmaceutical company, the animal testing data could not be disclosed. Altair developed three versions of RenaZorb designated RenaZorb "A", "B", and "H". The study, completed in early March 2003, was conducted in dogs and 5/6 nephrectomized rats utilizing three versions of the drug candidate.
Futuremedia Plc Moves to Southern England's 'IT capital'
BRIGHTON, England, June 3, 2003 (PRIMEZONE) -- Futuremedia Plc (Nasdaq:FMDAY), the eLearning solution provider, today announced the completion of moving the business to new offices in central Brighton -- one of Europe's IT centres. The move into new functional office space, negotiated on terms favourable to the company, follows the sale of its premises in nearby Arundel. Mats Johansson, CEO, comments, "Our move to Brighton will bring us closer to our customers and provide us with a much larger employment pool at competitive cost for recruitment -- both essential to support our continued growth. Our new location is also within a 20-minute train ride from Gatwick International Airport, a major UK gateway, offering us easy access to Europe as we implement our European growth strategy." Accessibility has taken on an increased importance since the company purchased 29.8% of the equity of Scandinavian eLearning provider, Luvit. The two companies plan to build a leading European eLearning venture, expand their existing client bases in the UK and Scandinavia, the second largest European eLearning market, as well as open up Luvit's client base to Futuremedia's content production and content brokerage services. www.futuremedia.co.uk