latest news releases from the newsroom
Kachina Gold Corporation
Kachina Gold Corporation at Forefront of Industry Expansion as Gold Prices Reach 17-Year Highs in New Gold Rush
TOPEKA, Kansas, Nov. 3, 2005 (PRIMEZONE) -- Kachina Gold Corporation (Pink Sheets:KCHG), an emerging junior gold exploration and production company, citing recent news from Bloomberg, has learned that gold prices, currently trading just off seventeen year highs at more than $460 per ounce on the spot market, are likely to increase dramatically over the near-term period. Over the past year, gold prices have increased more than 10.3%, with uncertainty over economic and political conditions and increased demand from developing nations acting as price catalysts. A recent Bloomberg survey showed that thirty-four of 49 gold traders, investors and analysts, were advising purchase of gold, the highest level since June of 1988. Further, the production outlook for gold continues to be one of decline, with mining output only slightly up from 2004's level of 2,464 tons.
Smart-tek Solutions Inc.
Smart-tek and Chinese Officials Assess Bird Flu Containment
CORTE MADERA, Calif., Nov. 3, 2005 (PRIMEZONE) -- Smart-tek Solutions, Inc. (OTCBB:STTK) announced today that its Chairman and CEO, Donald Gee, is to meet with Chinese officials in China to assess the use of Smart-tek Solutions, Inc. technology to help monitor and contain the spread of the deadly H5N1 virus otherwise know as the Bird Flu Virus or the Avian Flu Virus.
ALCO Stores, Inc.
Duckwall-ALCO Stores Reports October Sales Increase of 8.0 Percent
ABILENE, Kan., Nov. 3, 2005 (PRIMEZONE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) today announced that its sales from continuing operations for the four weeks ended October 30, 2005 (fiscal month of October) increased approximately 8.0% to $32.2 million, compared with $29.8 million in the prior-year month and same-store sales increased 4.2%. The 20 stores previously announced as closing along with other stores where the decision has been made to close them are excluded from sales from continuing operations.
Marco's Franchising, LLC
Marco's Pizza Locks in Cheese Prices to Minimize Cost Increases to Franchisees, Consumers
TOLEDO, Ohio, Nov. 3, 2005 (PRIMEZONE) -- Marco's Franchising, LLC, the franchising arm for Marco's Pizza, the 145-unit chain headquartered here, has announced it has signed an agreement with Sofo Foods, also of Toledo, to contract for 25 percent of the 12-month volume usage of cheese for the year at the current price. Cheese prices are the proverbial "wild card" in pizza making economics.
Irwin Energy Inc.
Irwin Energy Announces Monthly Production Totals For Successful Gas Well
VANCOUVER, British Columbia, Nov. 3, 2005 (PRIMEZONE) -- Irwin Energy Inc (Pink Sheets:IWNN) is pleased to report monthly gas flows for the 1-5-60-25W4M Westlock well that was completed and tied into a sales line in May and which is currently produce revenues for the company. The Westlock well thus far has produced 163.8, 271, 104.2, and 129.38 E3M3 (convert to MMCF 0.035494) from May to August inclusive. Volumes for September and October will be announced upon receiving the appropriate data from our operator. All appropriate royalties, transportation and operating costs have been factored in and taken off by the operator. Mr. John Gaetz noted, "The huge rise in natural gas prices of late will benefit the company and its shareholders in terms of future revenues and immediate cash flows."
QLogic SANbox 3050 Switches Now Available Through EMC Select Program
ALISO VIEJO, Calif., Nov. 3, 2005 (PRIMEZONE) -- QLogic(r) Corp. (Nasdaq:QLGC), the company that powers storage area networks, today announced that EMC will resell QLogic SANbox 3050 Fibre Channel switches, as part of its EMC(r) Select Program. SANbox 3050 switches are available as individual products or as part of bundled solutions with the EMC CLARiiON(r) CX300 networked storage system. The EMC Select Program was designed to make it easier for customers to acquire best-in-class infrastructure products to complete their EMC storage solutions and to enable businesses to implement information lifecycle management (ILM) strategies.
Industry Leaders Join Labwire to Promote Marketing Initiatives
HOUSTON, Nov. 3, 2005 (PRIMEZONE) -- Labwire Inc. (Pink Sheets:LBWR), a leading provider of employee screening management solutions, announces that the Company held its initial "Advisory Board" meeting on Friday, October 28, 2005. The board meeting's agenda was to direct the Company's sales and marketing efforts toward targeting specific pre-qualified client prospects within specific industries via contacts provided by Advisory Board members.