latest news releases from the newsroom
Dielectric Materials Supplier Silecs Completes Expansion Funding Round
STOCKHOLM, Sweden, Oct. 06, 2004 (PRIMEZONE) -- Silecs, Inc., a provider of dielectric solutions for the semiconductor industry, announced today that it has raised a further funding round to expand its global sales and application engineering support personnel and strengthen product manufacturing capabilities. The additional funding of approximately $6 million was led by a new investor, InnovationsKapital, and also includes investments from existing investors and government-backed funding.
110 Media Group, Inc.
Personal Portals Online Inc. Announces $5M-Plus Contract With Universal Marketing
ORLANDO, Fla., Oct. 6, 2004 (PRIMEZONE) -- Personal Portals Online Inc. (Pink Sheets:PPON), the leader in dynamic do-it-yourself Website and commercial portal development tools, today announced it signed a software licensing and services agreement with Las Vegas-based Universal Marketing & Management Inc. valued at $5 million over the next 12 months. The agreement additionally provides for annual rollovers up to five years with increases, upon initial fulfillment.
StockGuru.com Issues Investment Rating of 'Attractive' on WorldWater & Power
DALLAS, Oct. 6, 2004 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, has issued a favorable report on WorldWater & Power Corporation (OTCBB:WWAT). In the report released earlier today, StockGuru.com has issued its rating of 'Attractive' on WorldWater & Power. The report listed the newly announced alliance with Kirloskar, a world leader in industrial pumping technology, as a key investment consideration for this decision. There are other reasons also cited, including WorldWater's reaffirmed guidance for FY 2004.
Fortune Real Estate Development
Fortune Real Estate Development Corp Set to Make Major Acquisition
ORLANDO, Fla., Oct. 6, 2004 (PRIMEZONE) -- Fortune Real Estate Development Corporation (Pink Sheets:FRDJ) is currently in negotiations to acquire a multi-million dollar apartment complex in Ft Lauderdale, Florida. Fortune specializes in purchasing apartment buildings and converting them to condos, then selling off the units individually. As a result of the huge population growth taking place in Florida, the demand for condos is very high and it is anticipated that the sale of the units in Ft Lauderdale will be very fast.