latest news releases from the newsroom
Feed The Kitty Wins Huge Promotion Package
SCOTTSDALE, Ariz., April 26, 2005 (PRIMEZONE) -- The group Feed The Kitty (FTK) will benefit from a million dollar promotion package, after being named one of the winners of a contest sponsored by ItsFun.com, the on line music store and a wholly owned subsidiary of Sounds 24-7 (Pink Sheets:SDSX). Key to the promotion package will be 10,000 Jasmin cards, given to those attending Feed The Kitty concerts and other appearances.
FTS Wireless, Inc.
FTS Group Expects to Report Q1 Revenue in the Range of $280,000 to $310,000
TAMPA, Fla., April 26, 2005 (PRIMEZONE) -- FTS Group, Inc. (OTCBB:FLIP), a publicly traded holding company focused on developing and acquiring a diversified wireless business through its wholly-owned subsidiary FTS Wireless, Inc., today announced that it expects to report Q1 2005 revenue in the range of $280,000 to $310,000 when it files its form 10Q/SB shortly.
Enbridge Energy Partners, L.P.
Enbridge Energy Partners Reports 2005 First Quarter Results and Declares Cash Distribution
HOUSTON, April 26, 2005 (PRIMEZONE) -- Enbridge Energy Partners, L.P. (NYSE:EEP) ("Enbridge Partners" or "the Partnership") today reported net income for the three months ended March 31, 2005 of $28.2 million, or $0.37 per unit, compared with $33.1 million, or $0.50 per unit, for the first quarter of the prior year. EBITDA (earnings before interest, taxes, depreciation and amortization) improved by 5 percent, from $83.3 million in the first quarter of 2004 to $87.1 million in the first quarter of 2005. (EBITDA is reconciled to net income below.)
Chino Commercial Bank
Chino Commercial Bank, N.A. Posts 50.3% Increase in Net Income
CHINO, Calif., April 26, 2005 (PRIMEZONE) -- The Board of Directors of Chino Commercial Bank, N.A. (OTCBB:CKNA) announced the results of operations for the first quarter of 2005 with net income for the quarter of $177,067 or $0.22 per share, setting a 50.3% increase over net income of $117,755 or $0.14 per share for the first quarter of 2004. Net income per fully diluted share was $0.20 and $0.13 for the quarters ending March 31, 2005 and 2004, respectively. Dann H. Bowman, President and Chief Executive Officer stated, "We are very pleased with the continued growth and earnings of the Bank. The first quarter results represent a new record in earnings for the Bank, and continue to build the stockholders' equity for even more growth in the future."
Eagle Environmental Technologies Ltd
Eagle Environmental Technologies LTD Delivers Oil From the Texas Fields
RENO, Nev., April 26, 2005 (PRIMEZONE) -- John Bowles, Eagle Environmental Technologies' (Pink Sheets:EGVR) Public Relations Consultant, announced effective April 25, 2005, Eagle has begun the delivery and sale of oil from the Siler Lease located in East Texas. Brian Wilmot, CEO of Eagle stated, "With the beginning sale of oil, Eagle is now a full operating company in the oil business. We are currently operating only 10 wells, but we still have over 100 more wells in this Siler field to bring up to operating standards. The production levels are exceeding 50 barrels per day." Eagle is keeping its production costs at approximately 20 percent of revenue or less per month after all royalties are paid. Future gas sales are being planned from the same fields as infrastructure is put in place.