latest news releases from the newsroom
Diamond Discoveries International
Diamond Discoveries International: Petrographic Report confirms Kimberlite on Torngat Property
VANCOUVER, British Columbia, June 28, 2004 (PRIMEZONE) -- Further to the press release dated April 19, 2004, which related to indicator mineral evaluation of dyke samples identifying the St. Pierre Dyke and Ned's Dyke as kimberlites, Diamond Discoveries International Corp. (OTCBB:DMDD) has recently received a petrographic report from Al Millar, consulting petrologist for Millar and Associates, Ottawa, Ontario with respect to three selected samples, each from a different dyke located on the Torngat Property. This report definitively confirms the presence of kimberlite rock in the samples from Ned's Dyke and St. Pierre Dyke. Petrography is the microscopic description and identification of rocks and minerals. Several suspected pipes along Ned's Dyke and St. Pierre Dyke will be drilled during the 2004 field program in order to confirm the existence of kimberlite pipes and test for diamond content.
ProtoKinetix Acquires AFGP Technology From Perigene, Inc.
VANCOUVER, British Columbia, June 28, 2004 (PRIMEZONE) -- Dr. John Todd, President and CEO of ProtoKinetix, Inc. (OTCBB:PKTX) announced today that the company has entered into an agreement to purchase the AFGP (antifreeze glycoprotein) from Perigene, Inc. AFGP is a natural compound, which enables fish, reptiles and insects to survive freezing temperatures. Dr. Jean-Charles Quirion, a member of the ProtoKinetix Scientific Advisory Board working at the University of Rouen (France), has been able to synthesize the AFGP molecule in a stable form.
Capital Research Group, Inc
TheSUBWAY.com Announces Its Stock Market Standouts List for Monday, June 28, 2004: APBH, JDSU, RFMD, AMAT
WESTON, Fla., June 28, 2004 (PRIMEZONE) -- TheSUBWAY.com announces the following stocks to its Stock Market Standouts List: Americana Publishing Inc. (OTCBB:APBH), JDS Uniphase Corporation (Nasdaq:JDSU), RF Micro Devices Inc. (Nasdaq:RFMD), Applied Materials Inc. (Nasdaq:AMAT).
Legend Studios Enters into Definitive Agreement to Operate Quorum Radio Stations Immediately
ANN ARBOR, Mich., June 28, 2004 (PRIMEZONE) -- Legend Studios, Inc., a subsidiary of Legend Mobile, Inc. (OTCBB:LGMB), today announced that it has entered into a definitive agreement to immediately begin operating the radio stations owned by Quorum Radio Partners, Inc. and Quorum Radio Partners of Virginia, Inc. Under the terms of the agreement, Legend Studios, Inc. will operate for a 12-month term seven stations located in Virginia, West Virginia and Missouri. Legend will begin to recognize all of the revenue of the stations, which management projects will be $1,500,000 for the current calendar year.
Atlantic Synergy, Inc. Announces Letter of Intent to Acquire Shares, all Rights and Assets of Acies, Inc., formerly GM Merchant Solutions, Inc.
FORT PIERCE, Fla., June 28, 2004 (PRIMEZONE) -- Atlantic Synergy, Inc. (OTCBB:ASGY), announced today that it has signed a binding Letter of Intent with Acies, Inc., formerly GM Merchant Solutions, Inc., to purchase 100% of the shares of Acies, Inc. and Acies, Inc. will become a wholly owned subsidiary of the company in exchange for 26,150,000 newly issued treasury shares of Atlantic Synergy's common stock. Immediately after closing this transaction, it is anticipated that there will be approximately 30,763,750 shares issued and outstanding.
Emulex Announces Settlement of Litigation with QLogic
COSTA MESA, Calif., June 28, 2004 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX) entered into a confidential settlement with QLogic Corporation (Nasdaq:QLGC) on June 25, 2004 to resolve all ongoing patent litigation between the companies. On February 28, 2003, Vixel Corporation filed a lawsuit asserting three US patents against QLogic. Vixel was acquired by Emulex, effective November 17, 2003.
Nomadix Expands its Relationship with Red.es to Deliver High-Speed Internet Access Solutions to Government Organizations in Spain
WESTLAKE VILLAGE, Calif., June 28, 2004 (PRIMEZONE) -- Nomadix, Inc. (www.nomadix.com), a leading supplier of Public-access solutions, today announced that the company, along with Red.es, will provide high-speed Internet access to more than 1,500 government organizations throughout Spain. Additionally, Red.es will provide free Internet access to the public in rural areas where broadband Internet access is not available.