latest news releases from the newsroom
Sempra Energy Unit to Sell Michigan, Louisiana Natural Gas Storage Assets
SAN DIEGO, Aug. 22, 2005 (PRIMEZONE) -- Sempra Energy (NYSE:SRE) today announced a definitive agreement to sell an indirect subsidiary whose principle assets are two natural gas storage facilities, Bluewater Gas Storage and Pine Prairie Energy Center, for approximately $250 million to Plains All American Pipeline, L.P. (NYSE:PAA) and Vulcan Capital.
New Century Companies, Inc.
New Century Expected to Continue Expansion Based on Recently Published Investor Profile
LOS ANGELES, Aug. 22, 2005 (PRIMEZONE) -- New Century Companies, Inc. (OTCBB:NCNC), a leading manufacturer and re-manufacturer of vertical boring mills and large lathes, today announced that the following "Investor Profile" will be distributed to the Company's existing and potential new investors beginning today. The Profile describes the ongoing expansion in the machine-tool industry and New Century's prospects for substantial growth in that business environment.
CDMA Development Group
CDMA2000 Base Surpasses 185 Million Users in Q2 2005
COSTA MESA, Calif., Aug. 22, 2005 (PRIMEZONE) -- The CDMA Development Group (CDG) (www.cdg.org) reported today that the number of CDMA2000(r) (3G) subscribers grew by 17 million in Q2 2005 to reach 185.6 million worldwide. In the first six months of 2005, CDMA2000 added more than 39 million new users and 73 million since June 2004. In addition, the CDG announced that CDMA is growing at a rate of 27% annually and garnered 13.6 million new users in the last quarter and close to 58 million in the past year, bringing the worldwide CDMA subscriber base to more than 270 million people. Close to 68% of all CDMA users now access CDMA2000 3G services.
China Direct Trading Corp.
China Direct Trading Corp.'s New Products Well-Received In Las Vegas
DAVIE, Fla., Aug. 22, 2005 (PRIMEZONE) -- China Direct Trading Corporation's (OTCBB:CHDT) wholly owned subsidiary, Souvenir Direct, Inc. (SDI), launched its 2006 selling season in Las Vegas last week at its first gift show of the season. For this year's show, the company focused on creating stock lines for the Las Vegas souvenir market, and both spinner key rings and poker card keepers were well received. Sales highlights included new customers from Hoover Dam, a new distributor in Alaska, a museum in Florida and re-orders from existing customers along with over 50 inquiries to follow up after the show. Interest was also shown for the lines the company represented from Herbko and Spitfire Ventures. Special interest was shown by existing distributors for the new Sutter's Mill capability of custom laser engraving SDI's existing items, giving them the ability to sell a greater number of smaller customers.
Plasticon International, Inc.
Plasticon CEO in Investor's Business Daily: `Man of Recycled Plastic' Transforms an Industry
LEXINGTON, Ken., Aug. 22, 2005 (PRIMEZONE) -- Plasticon International Inc. (Pink Sheets:PLNI) is pleased to announce that their CEO, Jim Turek will be in the Investor's Business Daily on Monday August 22nd and on Wednesday August 24th. In Monday's edition, Mr. Turek, the "Man of Recycled Plastic," can be found in the Corporate News section on page A16. It can also be found online on the Plasticon International, Inc. Web site at http://www.plasticonintl.com/manofrecycledplastic.pdf and on the Investor's Business Daily Web site in the Newswire section at: http://www.investors.com/corporatenews/nw111.asp.