latest news releases from the newsroom
New Hydro Board Members
OSLO, Norway, May 18, 2006 (PRIMEZONE) -- Hydro's Corporate Assembly has elected Lena Olving (49), chartered engineer and member of the corporate management of Volvo Personvagnar, and Grete Faremo (50), lawyer and director of legal affairs and public relations in Microsoft, region Western Europe, as new members of Hydro's Board of Directors.
Efficiency Technologies, Inc.
Efficiency Technologies, Inc. Reaping Benefits from New Marketing Strategy
TULSA, Okla., May 18, 2006 (PRIMEZONE) -- Efficiency Technologies, Inc., (EffTec), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARMM), announced today that the new marketing strategy implemented during the first quarter of 2006, combined with an expansion of product capabilities, have produced exceptional results in reaching high-profile nationwide prospects. EffTec has seen a rapidly growing receptiveness from prospective customers who are looking for a product with the unique capabilities and features in managing centrifugal chillers offered by EffTrack(tm).
Future Quest Nevada, Inc.
Future Quest Enters Into Letter of Intent
LAS VEGAS, May 18, 2006 (PRIMEZONE) -- Future Quest Nevada Inc. (Pink Sheets:FQNI) has announced today that it has entered into an agreement to acquire a 10% working interest in the "Bayou Choctaw" project with Texhoma Energy Inc. (Pink Sheets:TXHE). Texhoma currently has contracted to acquire a 25% working Interest. Future Quest has agreed to pay its share of the investment cost and participate on ground-floor terms in acquiring a 3-D seismic survey. The Company then has the option to participate in the first two wells and carry the promoting parties through the drilling of those wells to "casing point" on the basis of paying for 13.33% of the cost to earn its 10% working interest.
First Equity Group
StockMarketNewsAlert.com Issues Trade Alert for TelePlus Enterprises, Inc.
POMPANO BEACH, Fla., May 18, 2006 (PRIMEZONE) -- StockMarketNewsAlert.com issues trade alert for TelePlus Enterprises, Inc. (OTCBB:TLPE) (Frankfurt:YT3) (http://www.teleplus.ca). According to M. D'Alonzo at First Equity Group, Inc., the company announced that its fully owned subsidiary, TelePlus Wireless, Corp., has entered into an affiliate agreement ("affiliate agreement") and an international long distance agreement ("long distance agreement") with MobileSphere. The agreements were signed at the 2006 MVNO Summit currently being held in Las Vegas, NV. The affiliate agreement will provide TelePlus' wireless brand, Liberty Wireless, access to MobileSphere's partnership with over 20 U.S. universities. MobileSphere's MobileU (www.mobile-u.net) enables colleges and universities to provision and market multiple student communications services, including highly cost-effective domestic and international long distance, prepaid mobile phone services, free domestic text messaging, international text messaging and mobile media services. With this new agreement, Liberty Wireless will become a preferred wireless telecommunications provider for MobileU(tm) and get access to its extensive customer base. MobileU(tm) is currently available to more than 20 major universities, including a number of Ivy League schools and large state institutions. The no contract, no commitment "pay as you go" service is attractive to students and others across the country.
Labwire Announces First Quarter Results -- Revenue Up 134 Percent
HOUSTON, May 18, 2006 (PRIMEZONE) -- Labwire, Inc. (Pink Sheets:LBWR), a leading provider of employee screening solutions, today announced results for the first quarter ended March 31, 2006. During the quarter ended March 31, 2006, revenue increased 134% to $1,057,040, compared to $452,422 for the first quarter of 2005. The positive first quarter 2006 results can be attributed to a combination of efforts put forth in 2005, including (i) increased sales of the Company's employee screening services to new and existing customers and (ii) sales of the Company's canine surveillance and security services.