latest news releases from the newsroom
Ethos Environmental, Inc.
Victor Industries Independent Sod/Turf Tests Produce Positive Results
LOS ANGELES, Dec. 1, 2004 (PRIMEZONE) -- Victor Industries (OTCBB:VICI) is pleased to announce the result of a four month long independent test of its Enviroturf(tm) product. Enviroturf, a water retentive, slow-release fertilizer delivery system, was tested against the conventional method of growing sod and turf. The final report, which will be made available on request, will conclude that the test sites incorporating Enviroturf grew denser cover with substantially greater lateral tillers and had more developed root systems. Further, when all watering was stopped, the Enviroturf plots exhibited up to fifty percent more drought resistance than the control sites. These qualities, along with Enviroturf's environmentally responsible formulation and guarantee of up to 3 years without further need to fertilize, can be passed on by the sod/turf grower to the consumer.
Global Economy to Slow and US Dollar to Fall Further in 2005, but Outlook Favourable for European Equity and Fixed Income Markets, Says ABN AMRO
STOCKHOLM, Sweden, Dec. 1, 2004 (PRIMEZONE) -- ABN AMRO predicts global GDP growth will fall from 5% to 4% in 2005, as continued US Dollar (USD) weakness fuels European and Japanese currency strength, damaging export demand and exposing chronically low domestic spending levels in these regions. Despite the bleak macro economic environment, European equity markets are set to outperform relatively on stable interest rates, above average earnings growth and increased fund flows in Q1- the life assurance, telecom, utilities and energy sectors offering the most upside. European credit is also predicted to outperform on a carry basis, with demand again outstripping only a slight increase in year on year supply in Euro (EUR) new issuance. Euro area fixed income as a whole will benefit from an expected end to further rate increases.
Quintek Technologies, Inc.
QSI to Offer Automated Accounts Payable Solution
HUNTINGTON BEACH, Calif., Dec. 1, 2004 (PRIMEZONE) -- Quintek Technologies, Inc. (OTCBB:QTEK) announced today that its QSI division, a North American provider of Business Process Outsourcing (BPO) services, is now positioned to begin offering an automated accounts payable solution to process invoices. This service will provide cost savings and increased efficiencies to clients in many industries, giving QSI a broad based program to expand its offerings and grow its customer base.
iLumen Files Patent Related to Private Company Benchmarking Service
ATLANTA, Dec. 1, 2004 (PRIMEZONE) -- iLumen Inc., a financial information and technology company headquartered in Atlanta, today filed a patent application on behalf of its wholly-owned subsidiary, iLumen Global Benchmarking, Inc. The patent covers the secure, web-based collection and analysis of private company business performance information, and the delivery of trending reports comparing the results of one company to a customized and aggregated peer group.
eWAN 1, Inc.
eWAN 1, Inc. to Receive One Million Dollars to Acquire Data Center
SANTA ANA, Calif., Dec. 1, 2004 (PRIMEZONE) -- eWAN 1, Inc. (Pink Sheets:EWAN), has signed a Memo of Understanding with Metor Finance, a Westminster, California-based financier, under which Metor will place $1,000,000 in escrow for eWAN for the acquisition of a data facility, which may or may not be The Quimby Building, located adjacent to One Wilshire, in downtown Los Angeles.