latest news releases from the newsroom
Adsero Corp. - Completes First Stage of Turbon Acquisition
MONTREAL, June 23, 2005 (PRIMEZONE) -- Adsero Corp. (OTCBB:ADSO) today announced the acquisition of approximately 10% of Turbon AG. Adsero has agreed to acquire 400,000 shares of Turbon AG which are held in treasury and has paid $1 million with the balance of $4.6 million payable on or before July 29, 2005. Financing for this transaction was provided by Loewen, Ondaatje, McCutcheon Limited, an investment banking firmed founded in 1970 and headquartered in Toronto, Canada.
Telelogic Reiterates Full Year Forecast
MALMO, Sweden, June 23, 2005 (PRIMEZONE) -- Telelogic (Stockholm Exchange:TLOG) reiterated the company's full year forecast for 2005 and the financial effects from the most recent acquisitions, during yesterday's capital market event.
GTREX Capital Announces Approval of Cheque Card for Global Travel Exchange Customers
ALISO VIEJO, Calif., June 23, 2005 (PRIMEZONE) -- GTREX Capital, Inc. (OTCBB:GRXI) today announced that its operating subsidiary, Global Travel Exchange, Inc., a leading provider of direct access travel distribution technology, has received approval from the issuing bank for its Global Cheque Card, which will be marketed to Global Travel Exchange customers for use to pay for travel services online or at point of service locations worldwide.