latest news releases from the newsroom
AdZone Research, Inc.
AdZone Completes Second Private Placement of More Than $300,000, And Reports Additional Placements are Anticipated in Next Several Months
CALVERTON, N.Y., Feb. 10, 2004 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR), a pioneering Internet surveillance technology solutions provider, today announced that the company has successfully completed a second private placement, yielding gross proceeds of more than $300,000.
eMax Holdings Corporation
EMAX NET, Inc. Executes Binding Purchase Agreement with MarketBeasts.com LLC
ORLANDO, Fla., Feb. 10, 2004 (PRIMEZONE) -- EMAXNET, Inc., a Florida corporation (EMAXNET) partly owned by eMax Corporation (Pink Sheets:EMAX) today announced the execution of the binding Purchase Agreement for the key assets of MarketBeasts.com LLC, a privately held Florida Limited Liability Company, contemplated in the Letter of Intent previously announced January 27th. Under the terms of the purchase agreement, EMAXNET has acquired the rights to key intellectual properties and assets of MarketBeasts.com for $1,250,000 in EMAXNET stock at a strike price of $1.70 per share. EMAXNET has appointed Scott Piel as President of its newly formed division, eMax Software Group, to develop network infrastructure, digital content delivery, software applications and product lines to be announced in the near future.
GoldSpring Update: New Board Members Add Mining and Financial Expertise and Serve on Company's Audit Committee
VIRGINIA CITY, Nev., Feb. 10, 2004 (PRIMEZONE) -- GoldSpring, Inc. (OTCBB:GSPG): On January 28th GoldSpring announced the appointment of two Independent Directors to the Board of Directors to serve on the Company's Audit Committee: P.K. (Rana) Medhi, Mining Engineer of Casa Grande, AZ and Anthony (Tony) E. Applebaum, EA of San Diego, CA, have both agreed to serve.
Green Power Energy Holdings Corp.
Green Power Energy Holdings Corp. Announces Completion Of $11,000,000 Financing
WILMINGTON, N.C., Feb. 10, 2004 (PRIMEZONE) -- Green Power Energy Holdings Corp. (OTCBB:GPEH) is pleased to announce that it has closed a loan agreement with Hudson United Bank for an Eleven Million Dollar non-recourse loan facility. The loan is for a term of eight (8) years and repayment will be made from the cash flow available from Green Power's Kenansville, NC generating plant. Green Power also completed the purchase of the Kenansville plant from Cogentrix and paid off related bridge loans on the Kenansville plant as planned.
Cycle Country Pioneers a New Angle in Snowplow Blades
MILFORD, Iowa, Feb. 10, 2004 (PRIMEZONE) -- Cycle Country Accessories Corp. (AMEX:ATC), the outright leader in developing and manufacturing select custom-fitting accessories for the all-terrain vehicle (ATV) and other diversified industry products, unveiled their innovative new Electric Blade Angle Kit at their factory. The patent pending kit allows the rider to swivel the blade while remaining seated on the ATV. The plowing process becomes much quicker and more efficient when the angling kit is utilized.