latest news releases from the newsroom
Integrated Telecom, Inc. .
Payless Communication Holdings, Inc. Completes Acquisitions of Integrated Telecom Services, Inc. and Advance Technology Solutions, Inc.
HALLANDALE BEACH, Fla., Oct. 6, 2005 (PRIMEZONE) -- Payless Communication Holdings, Inc. ("PCH") (Pink Sheets:PCNH) today announces to its shareholders that PCH has completed the acquisition of Integrated Telecom Services, Inc. and Advance Technology Solutions, Inc. The company anticipates revenues of $11 million to $15 million in 2006 from these acquisitions. Both transactions were for restricted shares and the acquisitions will not dilute the company's per share earnings.
China Direct Trading Corp.
China Direct Becomes Sales Agent For U.S. Generator Distributor
COOPER CITY, Fla., Oct. 6, 2005 (PRIMEZONE) -- China Direct Trading Corporation (OTCBB:CHDT) (China Direct), a U.S.-Chinese trading company, today announced that its wholly owned subsidiary, China Pathfinder Fund, LLC (CPF), has signed a sales agreement to become a commissioned agent for Complete Power Solutions, LLC (CPS), an established distributor of electrical generators.
ALCO Stores, Inc.
Duckwall-ALCO Stores Reports September Sales Increase of 4.6 Percent
ABILENE, Kan., Oct. 6, 2005 (PRIMEZONE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) today announced that its sales from continuing operations for the five weeks ended October 2, 2005 (fiscal month of September) increased approximately 4.6% to $37.6 million, compared with $36.0 million in the prior-year month and same-store sales increased 1.8%. The 20 stores previously announced as closing along with other stores where the decision has been made to close them are excluded from sales from continuing operations.
Patriot Motorcycle Corporation
Patriot Motorcycle Corporation Acquires Syndicated 'Steel Dreams' Television Show
SAN CLEMENTE, Calif., Oct. 6, 2005 (PRIMEZONE) -- Patriot Motorcycle Corporation (Pink Sheets:PMCY), exclusive worldwide distributor of the Yamoto by Patriot(tm) line of dirt bike motorcycles and all terrain vehicles (ATVs) and a line of domestic V-Twin custom street bikes, today announced it has acquired the nationally syndicated motor sports television program "Steel Dreams", in its mission to create diversified and synergistic profit centers for investors and shareholders.