latest news releases from the newsroom
World Golf League, Inc.
WGL Files 1st Quarter 10Q
ORLANDO, Fla., May 31, 2005 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFLE) announced today that it has filed its 1st quarter 10Q on May 27, 2005. Revenues for the quarter ending March 31, 2005 were $307,714 from a small test market of its wholesale membership program. Assets increased 23% to $300,560 and liabilities decreased 21% to $754,115 from the previous quarter ending 12/31/04. General and administrative expense is largely overstated for the quarter at $1,238,634. Actual operating expense was $240,000 with the balance being the underlying value of stock pledged to finance the production of the Million Dollar Shootout Reality Series.
Flint Telecom Group, Inc.
Semotus Solutions Featured on Streetcast.tv's Bullseye
LOS GATOS, Calif., May 31, 2005 (PRIMEZONE) -- Semotus Solutions (AMEX:DLK), an innovative provider of real-time professional market data and intelligent wireless communications software, announced today that Mr. LaPine, Semotus CEO, was recently interviewed on Streetcast.tv's Bullseye program. Additionally, Semotus was also featured in the May 2005 edition of the EdgeWater MicroMonthly Report as a "First Look" company.
TrimFast Group Inc
TFTG Anticipates Strong Distribution Growth for 2005-2006
TORRANCE, Calif., May 31, 2005 (PRIMEZONE) -- Trimfast Group Inc. (Pink Sheets:TFTG) is pleased to announce with the completion of the acquisition of Sur Services, Inc., TFTG will now begin preparing for a large scale marketing campaign directed to companies throughout the United States. This campaign is designed to increase TFTG's distribution of stored value card (svc) services to additional merchants.
Premiere to Launch Turkish, Italian and Russian Programs in September
MUNICH, Germany, May 31, 2005 (PRIMEZONE) -- On September 1, Premiere will launch a range of attractive subscription packages with foreign-language TV programming under the umbrella brand PREMIERE INTERNATIONAL. In addition to Premiere's standard programming, subscribers will be able to receive eight Turkish, four Italian and five Russian channels via satellite that are particularly popular in their countries of origin. Thanks to new satellite reception technology, a further 250 free-TV channels will also become readily available. The foreign-language channels are to be made available as a result of a cooperation between Premiere and SES ASTRA, as announced by both companies today. In the medium term Premiere expects to attract between 100,000 to 150,000 subscribers for the new foreign-language TV.
Kinnevik: Administrative Court of Appeal Issues Ruling in Tax Cases
STOCKHOLM, Sweden, May 31, 2005 (PRIMEZONE) -- Investment AB Kinnevik ("Kinnevik") announced today that the Administrative Court of Appeal has issued a ruling on a number of tax disputes against the company. Of the two main disputes, The Administrative Court of Appeal ruled in Kinnevik's favour in one and against Kinnevik in the other. The net effect of the ruling is that the Group's earnings in the second quarter of 2005 will be charged with SEK 116 million in tax expenses.
Crucell NV Options Listed on Chicago Board Options Exchange
LEIDEN, Netherlands, May 31, 2005 (PRIMEZONE) -- Options for Dutch biotechnology company Crucell N.V. (Euronext:CRXL) (Nasdaq:CRXL) have been listed on the Chicago Board Options Exchange (CBOE), the world's largest options marketplace. Trading in the options on Crucell's American Depository Receipts (ADRs) started May 19, 2005.
Delhaize Groupe Completes Cash Fresh Acquisition
BRUSSELS, Belgium, May 31, 2005 (PRIMEZONE) -- Delhaize Group (Euronext Brussels:DELB) (NYSE:DEG), the Belgian international food retailer, announced today that it has completed the earlier announced acquisition of Cash Fresh in Belgium, after unconditional approval by the Belgian antitrust authorities. Cash Fresh is a profitable chain of 43 supermarkets mainly in northeastern Belgium.
Trintech Group Plc
Trintech's Annual ReconNET Customer Conference Expands Business Perspectives 'Beyond Reconciliation'
DUBLIN, Ireland and DALLAS, May 31, 2005 (PRIMEZONE) -- Trintech (Nasdaq:TTPA), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced the successful conclusion of its ninth annual U.S.-based Trintech ReconNET Customer Conference, and the debut of its first customer conference in the U.K. More than 200 delegates attended, including accounting and treasury professionals in leading retail, utility, hospitality, dining, services, government and financial institutions gathered at the two events, held May 9-12 in Phoenix, Arizona and May 26 in London, the U.K.