latest news releases from the newsroom
Adsero Corp. - Completes First Stage of Turbon Acquisition
MONTREAL, June 23, 2005 (PRIMEZONE) -- Adsero Corp. (OTCBB:ADSO) today announced the acquisition of approximately 10% of Turbon AG. Adsero has agreed to acquire 400,000 shares of Turbon AG which are held in treasury and has paid $1 million with the balance of $4.6 million payable on or before July 29, 2005. Financing for this transaction was provided by Loewen, Ondaatje, McCutcheon Limited, an investment banking firmed founded in 1970 and headquartered in Toronto, Canada.
Telelogic Reiterates Full Year Forecast
MALMO, Sweden, June 23, 2005 (PRIMEZONE) -- Telelogic (Stockholm Exchange:TLOG) reiterated the company's full year forecast for 2005 and the financial effects from the most recent acquisitions, during yesterday's capital market event.
GTREX Capital Announces Approval of Cheque Card for Global Travel Exchange Customers
ALISO VIEJO, Calif., June 23, 2005 (PRIMEZONE) -- GTREX Capital, Inc. (OTCBB:GRXI) today announced that its operating subsidiary, Global Travel Exchange, Inc., a leading provider of direct access travel distribution technology, has received approval from the issuing bank for its Global Cheque Card, which will be marketed to Global Travel Exchange customers for use to pay for travel services online or at point of service locations worldwide.
eWAN 1, Inc.
eWan Successfully Turns on Internet Wi-Fi in Downtown Los Angeles
SANTA ANA, Calif., June 23, 2005 (PRIMEZONE) -- eWan1, Inc. (Pink Sheets:EWAN), today successfully "lit up" its first Los Angeles "hotspot" at the L.A. Grand Event, a popular restaurant located at 555 West 7th St., Los Angeles, providing anyone in the area with today's standard PDAs, laptop computers, or Broadband-enabled hand-held telephones to access the Internet and all its functions via high-speed connection. "We are making available 54 MGs of 802-11 at no cost to the public for the next 90 days to demonstrate our superior technology," commented William J. Kettle, eWan's Chairman and CEO. "We see this milestone as the first step in offering Broadband access, including VoIP (Voice Operated Internet Protocol) to the Los Angeles basin at fees well below those of our competition."
CAPCO Energy, Inc.
CAPCO Announces Executive Officer Changes
HOUSTON, June 23, 2005 (PRIMEZONE) -- CAPCO Energy, Inc. (OTCBB:CGYN) today announces that at its Annual Meeting of Shareholders held on June 15, 2005, the shareholders of the Company elected the following individuals to the Board of Directors: Ilyas Chaudhary, Mike Myers, Irwin Kaufman, William Hickey, Paul Hayes and Dennis Staal.