latest news releases from the newsroom
Walker Financial Corp.
Walker Financial Corporation Announces Its Analysis of Potential Product Areas to Enter Into in 2006 and Its New Corporate Office Location
GARDEN CITY, N.Y., Dec. 13, 2005 (PRIMEZONE) -- Walker Financial Corporation (OTCBB:WLKF), a marketer of insurance, financial products and other products and services which benefit the baby boomer and senior population segments, announces it will be conducting due diligence into the health care and medical related service business areas, which it may enter into during the calendar year 2006. Both of these markets represent important product areas for a large percentage of baby boomers and seniors. Mitchell Segal, President and CEO of Walker stated, "Health care and medical services are extremely important areas that concern the majority of the population segments that we seek to serve. We feel that there may be several opportunities that exist within these areas which could provide revenue and net income with corresponding shareholder value for our shareholder base. We are currently analyzing these areas for products and potential acquisition opportunities."
Major North American Automaker Orders Four More ABB TrueView Systems
VANCOUVER, British Columbia, Dec. 13, 2005 (PRIMEZONE) -- Braintech, Inc. (OTCBB:BRHI), a leading provider of vision guided robotic, ("VGR") software solutions, announced today that it has received an order from global robotics giant ABB, Inc. for four (4) Evf(tm) runtime licenses. ABB engineers will use these licenses to develop material handling systems for a major North American automaker's engine assembly plant.
Cyber Gear Wins Major Accounts in Fourth Quarter of 2005
DUBAI, United Arab Emirates, Dec. 13, 2005 (PRIMEZONE) -- Cyber Gear (www.cyber-gear.com), the largest web design company in the Middle East, has won several large accounts in the 4th quarter of 2005. According to Sharad Agarwal, CEO of Cyber Gear, "We are pleased to record a 187% increase in sales turnover this year. We are now positioned to provide global companies, all internet related services under one roof."
Aurora Oil & Gas Corporation
Cadence Resources Announces $20 Million Expansion of Credit Facility
TRAVERSE CITY, Mich., Dec. 13, 2005 (PRIMEZONE) -- Cadence Resources (OTCBB:CDNR) announced that effective December 8, 2005 the company entered into an Amended Note Purchase Agreement, through a borrowing subsidiary in its Aurora division, increasing its borrowing base under its existing credit facility to $50 million, representing an additional $20 million available for development. The additional commitment in the five-year revolving credit facility was provided by their existing mezzanine lender, Trust Company of the West ("TCW"). Funding of the first $10 Million is scheduled to occur today.
HEICO Corporation Declares Semi-Annual Cash Dividend
HOLLYWOOD, Fla. and MIAMI, Dec. 13, 2005 (PRIMEZONE) -- HEICO Corporation (NYSE:HEI) (NYSE:HEI-A) today announced that its Board of Directors declared a regular semi-annual cash dividend of $.04 per share payable on both classes of common stock. The cash dividend is payable on January 18, 2006 to shareholders of record as of January 6, 2006.
Sun New Media Inc.
Sun New Media and Global Woman Multimedia Launch Online Channel with Sina.Com
DIAMOND BAR, Calif., Dec. 13, 2005 (PRIMEZONE) -- Global Woman Multimedia, Ltd. ("Global Woman"), a company partially owned by Sun New Media, Inc. (OTCBB:SNMD) ("SNMI"), today announced the launch of an online women's channel on Sina.com (Nasdaq:SINA), China's largest web portal. Global Woman Online will bear the well-known Global Woman brand and serve as a sales and a promotional vehicle for the company's various media products. It will also be a cross-promotional platform for SNMI's popular e-magazine service, helping to expand SNMI's demographic reach to professional and college-aged women across China and the Chinese-speaking world.
'Know What You're Drinking' -- Water-Stocks.com Announces New Featured Company: Hendrx Corp., a Water Purification Company that Extracts Safe Drinking Water from the Atmosphere
POINT ROBERTS, Wash., Dec. 13, 2005 (PRIMEZONE) -- www.Water-Stocks.com (WS), an investor and industry news portal for the water sector introduces a new featured company: Hendrx Corp. (OTCBB:HDRX), a company which is positioned with technology products and services in the water purification industry. Hendrx's products include Atmospheric Water Generators that extract safe, economical drinking water from the atmosphere that meets or surpasses the highest international standards for water quality. With water poised to be the next growth commodity (bolstered by the statistic that water is the most purchased non-alcoholic beverage in the U.S.), Hendrx is positioned with world-wide distribution of water generation, filtration, ionization, and purification products in this industry that is growing at a rate of 5% annually.