latest news releases from the newsroom
Itec Environmental Group, Inc.
Itec Environmental Group, Inc. Signs Engagement Agreement with Sanders Morris Harris, Inc.
OAKDALE, Calif., April 20, 2006 (PRIMEZONE) -- Itec Environmental Group, Inc., a Delaware corporation ("Itec"), (OTCBB:ITEC) is pleased to announce that it has engaged Sanders Morris Harris, Inc. ("SMH"), to act as an exclusive financial advisor to Itec in connection with the evaluation and execution of the potential acquisition of two recycling facilities from Waste Management Recycle America, L.L.C. ("WMRA"), located in Chicago, Illinois and Raleigh, North Carolina (the "Acquisitions") and, in conjunction with Knight Capital Markets, LLC, the placement of any requisite financing for such acquisitions.
Universal Stainless & Alloy Products, Inc.
Universal Stainless Reports Record First Quarter 2006 Results
BRIDGEVILLE, Pa., April 20, 2006 (PRIMEZONE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) reported today that net income for the first quarter of 2006 rose 33% to a record $3.9 million, or $0.59 per diluted share, on a 4% increase in sales, which reached a record $44.9 million. This is in comparison to net income of $2.9 million, or $0.45 per diluted share, and sales of $43.0 million reported in the 2005 first quarter.
Genesis Pharmaceuticals Enterprises, Inc.
Genesis Technology Group to Commence Global Road Shows
BOCA RATON, Fla., April 20, 2006 (PRIMEZONE) -- Genesis Technology Group, Inc. (OTCBB:GTEC), a business development firm that partners with Chinese companies in penetrating the United States and other Western markets, announced it will release its second quarterly financial statement on Monday, May 1st, 2006. The dramatic improvement of the company's balance sheet along with the recently garnered Chinese clients has encouraged Genesis to attend a series of global investor conferences. The primary goal will be to communicate the Company's progressive model in China, acquisition developments, its improved financial condition and growth to the investment community in the coming months.
Manchester Appoints Lawrence A. Taylor
DALLAS, April 20, 2006 (PRIMEZONE) -- Manchester, Inc. (OTCBB:MNCS) is pleased to welcome Mr. Lawrence A. Taylor, CPA to the Company. Mr. Taylor has agreed to become Chief Financial Officer as soon as adequate directors and officers insurance is in place. The Company expects to receive several insurance quotes and obtain coverage very shortly. In the interim, Mr. Taylor will act as a consultant to the Company and assist in the Company's efforts to establish its "Buy Here/Pay Here" auto dealerships. Mr. Taylor brings with him more than 13 years' experience in the transit industry, as well as extensive knowledge and experience in auditing, mergers and acquisitions, reporting, analysis, financial information technology systems, and SEC experience.
Golden Ocean Group Limited
Golden Ocean Group Limited -- Mandatory Notification of Trade
HAMILTON, Norway, April 20, 2006 (PRIMEZONE) -- Hemen Holding Ltd., a company indirectly controlled by John Fredriksen, has on 19 April 2006 acquired 5 million shares in Golden Ocean Group Limited through market purchases at an average price of NOK 2,98 per shares. Hemen Holding Ltd. holds after this 97,937,159 million shares equal to 39.67 % of the total outstanding share capital in Golden Ocean Group Limited.
Habanero Resources Inc.
Habanero Resources Announces Drilling Successfully Completed on Alberta Gas Well
VANCOUVER, British Columbia, April 20, 2006 (PRIMEZONE) -- Habanero Resources Inc. (Pink Sheets:HBNRF) (TSX-V:HAO) (Frankfurt:HRJ) ("Habanero") wishes to announce that it has been informed by the operator of the Cardium Burnstick Prospect (announced December 29, 2005,) that the drilling has been successfully completed and the engineering contractor is designing the completion program. A service rig has been contracted to conduct the completion. Barring any unforeseen issues, the well should be tested shortly and potentially tied in to be on stream by the end of May. Habanero has a 10% interest in this prospect