latest news releases from the newsroom
FTS Wireless, Inc.
FTS Agrees to Acquire Profitable Wireless Business
LEVITTOWN, Pa., July 26, 2004 (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 and VoIP products, and services and operate Wi-Fi Hot Spots, today announced it has agreed on terms to acquire a profitable retail wireless business in Florida's Gulf Coast market.
AngelCiti Entertainment, Inc.
AngelCiti Completes Acquisition of Midas Entertainment, Inc.
PEMBROKE PINES, Fla., July 26, 2004 (PRIMEZONE) -- AngelCiti Entertainment, Inc. (OTCBB:AGEL) announced that it has closed on the purchase of Midas Entertainment, Inc., which will license online poker software to online poker site operators. AngelCiti owns and controls approximately 85% of the issued and outstanding shares in Midas, which will soon be publicly trading under its own separate ticker symbol. The online poker industry has grown over 700% in the past year according to statistics provided by PokerPulse.com, with billions of dollars to be wagered at online poker websites this year.
Universal Stainless & Alloy Products, Inc.
Universal Stainless Announces Price Increases
BRIDGEVILLE, Pa., July 26, 2004 (PRIMEZONE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced a 7% base price increase on all premium remelted and high strength low alloy grades of steel and a 5% base price increase on all other stainless and tool steel grades effective with shipments on August 1, 2004. In addition, the Company will increase the premium over the London Metal Exchange price for nickel used to calculate its raw material surcharge from $0.18 per pound to $0.23 per pound. All other factors in the calculation will remain unchanged.
Scania Interim report
SODERTALJE, Sweden, July 26, 2004 (PRIMEZONE) -- "The first half of this year turned out well. The new Scania R-series has been well received by customers and the trade press. Changeovers of production will enter a more intensive stage in the second half of the year, which will mean a continued limitation in delivery capacity during the rest of 2004," says Leif Ostling, President and CEO.
InterAge Ltd Announces Completion of Merger and Change of Trading Symbol
CESAREA, Israel, July 26, 2004 (PRIMEZONE) -- InterAge Ltd (Pink Sheets:ITGJ), a provider of integrated web marketing solutions, today announced the successful completion of the merger with Ambassador Eyeware Group Inc. and the change of its trading symbol to OTC:ITGJ.PK. InterAge's management team is now in full control of the new company.