latest news releases from the newsroom
Avenue Group, Inc.
Avenue Group Inc Appoints Sherb & Co. LLP as Its Independent Auditors
NEW YORK, Aug. 16, 2005 (PRIMEZONE) -- Avenue Group Inc (OTCBB:AVNU) announced today that its Board of Directors engaged Sherb & Co. LLP effective immediately, as the Company's independent certified public accountants to perform the Company's annual and financial control audits, including quarterly reviews. As previously reported, Weinberg & Co. resigned as the independent registered public accountants of the Company upon completion of its review for the quarter ended March 31, 2005. There were no disagreements with Weinberg & Co. for the fiscal years ended December 31, 2004 and 2003 or for the interim period subsequent to March 31, 2005 (collectively, the "Relevant Period"), on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Weinberg & Co., would have caused them to make reference thereto in their reports on the financial statements for such periods.
Postl to Leave AutoZone Board
MEMPHIS, Tenn., Aug. 16, 2005 (PRIMEZONE) -- AutoZone, Inc. (NYSE:AZO) today announced the resignation of James J. Postl as a member of the company's Board of Directors. Mr. Postl has been a Director since 2003 and previously chaired the Board's Audit Committee.
Vitasti Partners with Leading Manufacturer and Importer Of Acai Berry, Company Positioned for Distribution Globally
NEW YORK, Aug. 16, 2005 (PRIMEZONE) -- Vitasti, Inc. (OTCBB:VITS) (the "Company") announces that it has entered into an agreement with Sambazon ("SZ") to market SZ's new proprietary Acai Berry whole food powder in International markets. Through due diligence and research, Sambazon has pioneered the leadership position in Acai by producing the highest quality product available in the market at the fairest prices. Sambazon is committed to setting the bar for Acai standards while being fair to its customers," says Tammy-Lynn McNabb, President of Vitasti Inc. "What is most impressive about Sambazon is the company's integrity and commitment to its 'Sustainable Acai' forest project which supports thousands of cooperative farmers in the Amazon Rainforest of Brazil. Through volume orders by Vitasti, the company will receive the best pricing for itself and its customer base, she adds.
Adding Hours to The Master Clock of Life
HOUSTON, Aug. 16, 2005 (PRIMEZONE) -- If our genome is compared to a computer, then methylation of DNA would be "aging software." In Chicago this week, Dr. Stanislaw R. Burzynski will tell antiaging researchers from around the world that a person's internal time clock can be slowed down by modifying the methylation of the body's DNA. Methylation is the reaction which adds inert chemical methyl groups to DNA. Once the promoter, which controls activity of the gene, is covered by this methyl "insulation," the gene is silenced ("switched off"), and aging begins.
Penn's Landing Corporation
Celebrate African Dance, Music, and Culture at the 2005 African American Cultural Extravaganza
PHILADELPHIA, Aug. 16, 2005 (PRIMEZONE) -- On Saturday, August 27 and Sunday, August 28 from Noon to 8 p.m., the customs of Africa and African Diaspora will be brought to the waterfront for the African American Cultural Extravaganza. This FREE festival, presented by the African Heritage Center, will take place at the Great Plaza at Penn's Landing, Columbus Boulevard and Chestnut Street. The African American Cultural Extravaganza, is part of the 2005 PECO Energy Multicultural series at Penn's Landing. Entertainment including crafts, food, music, poetry, and dancing will be included throughout the day during this event. PECO Energy presents a series of ten different Multicultural festivals throughout the summer season. Independence Blue Cross is the presenting sponsor of the 2005 Summer program at Penn's Landing.
EYI Industries Inc
EYI Industries Announces Key Personnel to Visit China and Hong Kong to Expand Sales Channels
BURNABY, British Columbia, Aug. 16, 2005 (PRIMEZONE) -- EYI Industries Inc. (OTCBB:EYII), (http://www.StopDrinkingPoison.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce its executive management team comprised of Dori O'Neill, Chief Operating Officer, and Eliza Fung, Chief Consultant for Asian Development, will be traveling to China to meet with officials from Guangzhou CEIEC on August 25th, to discuss details of the US$210 million Letter of Intent announced last week. In addition, the EYI team plans to meet with various other potential strategic partners in Hong Kong who have expressed great interest in purchasing and acquiring the rights to sell the Patented Code Blue(tm) water filtration systems.
UnumProvident to Recapture Closed Block Business Ceded to Centre Re in 1996
CHATTANOOGA, Tenn., Aug. 16, 2005 (PRIMEZONE) -- UnumProvident Corporation (NYSE:UNM) today announced an agreement with Centre Life Reinsurance Ltd. to recapture its closed block individual income protection business originally ceded to Centre in 1996 by Unum Life Insurance Company of America. The business includes approximately $1.6 billion in invested assets to be transferred and $185 million of annual premium. The effective date of the recapture of this ceded business will be on or prior to Dec. 31, 2005.