latest news releases from the newsroom
Running Fox Resource Corp.
Running Fox "Goes Where The Gold Is" and Stakes More Territory on the Brett Gold Project
VANCOUVER, British Columbia, July 19, 2004 (PRIMEZONE) -- Running Fox Resource Corp. (Pink Sheets:RFXRF) (TSX Venture Exchange:RUN), a resource exploration company, announces that the 2004 Summer Development Program has commenced on its Brett Gold Project, in Southwestern B.C. The planned 2004 exploration program will include geochemical surveys, trenching, underground sampling and diamond drilling. Previous exploration work on the Brett Gold Property has confirmed the presence of a number of significant gold bearing mineralized zones, associated with northerly trending altered shear/ fracture zones. Running Fox Resource's corporate strategy is to go where the know gold is, based on historical data, improving the overall rate of success and profitability.
Quintek Technologies, Inc.
Quintek Opens Huntington Beach Facility
HUNTINGTON BEACH, Calif., July 19, 2004 (PRIMEZONE) -- Quintek Technologies, Inc. (OTCBB:QTEK) today announced the opening of a new facility in Huntington Beach, CA. The facility will service the outsourcing needs of the Company's QSI Division as well as Quintek's corporate headquarters. The location was chosen to offer greater proximity to Los Angeles, Orange County and San Diego.
NEON Communications Group, Inc.
Globix Corporation to Merge With Neon Communications, Inc.
NEW YORK, July 19, 2004 (PRIMEZONE) -- Globix Corporation (OTCBB:GBXX), a provider of managed applications and hosting services, announced today the execution of a definitive merger agreement with NEON Communications, Inc. ("NEON"), a privately held provider of optical networking services for customers in the Northeast and mid-Atlantic markets. NEON's revenue for the year ended December 31, 2003 was $41.6 million. Globix revenue for the year ended September 30, 2003 was $60.2 million. As a result of the merger, NEON will become a wholly owned subsidiary of Globix, and holders of NEON common stock and warrants will receive approximately 27.6 million shares of Globix common stock, representing approximately 56.7% of the outstanding shares of common stock of the combined company. The current owners of Globix common stock are expected to continue to hold approximately 81% of the Globix common stock following the merger, due to cross ownership between the two companies.