latest news releases from the newsroom
microHelix, Inc. Completes Acquisition of Moore Electronics, Inc.
PORTLAND, Ore., April 13, 2005 (PRIMEZONE) -- microHelix, Inc. (OTCBB:MHLX), a manufacturer and distributor of complex cable assemblies and ultrasound probes for the medical and commercial ultrasound markets, today announced that it had completed the acquisition of 100% of the stock of privately held Moore Electronics, Inc. for $3.0 million. The purchase price was paid with cash, a promissory note to a selling shareholder and newly issued Series B Preferred Stock. microHelix also refinanced $400,000 in bank debt owed by Moore Electronics.
Ekwan- X Inc.
Ekwan-X Inc. Announces Major Ground Truthing Project
TORONTO, April 13, 2005 (PRIMEZONE) -- Ekwan-X (Pink Sheets:EKWX) is pleased to announce it has planned a major ground truthing program to begin next month in the southern half of the State of Nevada. Ekwan-X has completed a study of approximately 100,000 sq km of satellite and geological data and has identified 94 high priority target sites. Commencing next month Ekwan-X will begin examining these sites for follow-up airborne testing.
The Bull Market Report
The Bull Market Report Examines Cost-Containment in the Health Care Industry
PRINCETON, N.J., April 13, 2005 (PRIMEZONE) -- The Bull Market Report (http://www.bullmarket.com), a long-term growth and income-generating focused investment newsletter, announced today that it has provided to trial and paid subscribers analysis of the health care sector, including coverage of Coventry Health Care (NYSE:CVH), Aetna (NYSE:AET), American Healthways (Nasdaq:AMHC) and Siemens (NYSE:SI).
Numericom, Inc. Completes Acquisition of the Assets of Infotex Holdings, Ltd.
FORT LAUDERDALE, Fla., April 13, 2005 (PRIMEZONE) -- Numericom, Inc. (Pink Sheets:NMRM) today announced that it has satisfied the closing conditions completing the acquisition of the assets of Infotex Holdings, Ltd. of Springfield, Va. The assets include the intellectual rights to ongoing research and products that are compliant with the United States Government's "Trusted" information components and systems. This acquisition, when integrated into the company's current line of products, will enable Infotex to offer "Total Security", "End-to-End Solutions" across traditional industries.
The Project Group Inc.
Pro Squared and CT Networks Announce Plans For Strategic Marketing Agreement
HOUSTON, April 13, 2005 (PRIMEZONE) -- Pro Squared, Inc., a majority-owned subsidiary of The Project Group (OTCBB:PJTG), announced today that it has reached agreement to enter into a strategic partnership with CT Networks of New York and Long Island. Under the agreement, Pro Squared will provide end-to-end RFID based solutions, training, design and implementation expertise to CT Networks' sales and marketing teams to facilitate CT Networks' presentation, sales and deployment of Pro Squared's closed-loop and supply chain RFID solutions to CT Networks' clientele. Pro Squared will, in turn, offer CT Networks' products and services to Pro Squared's clientele. The companies initially plan to pursue Pro Squared's initiative in the legal and hospital vertical markets. Longer-term plans call for a more extensive geographical penetration and penetration of other vertical closed-loop markets.
ECON Investor Relations Inc.
Markland Subsidiary Awarded $2.4 Million in New Orders from U.S. Army
RIDGEFIELD, Conn., April 13, 2005 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL), a defense and homeland security company transforming advanced laboratory technology into real-world products, announced today that the U.S. Army's Night Vision and Electronic Sensors Directorate (NVESD) has awarded the Company new orders for technology products and services totaling $2.4 million. Robert Tarini, Chairman and CEO of Markland, made the announcement.
Biophan CEO Michael Weiner Discusses SQUIGGLE(R) Motor in Audio Interview with SmallcapInsights.com
LOS ANGELES, April 13, 2005 (PRIMEZONE) -- SmallcapInsights.com, http://www.SmallcapInsights.com, the online source for exclusive commentary, research, interviews and other key investor information, has announced the availability of an audio interview with Michael Weiner, CEO of Biophan Technologies, Inc. (OTCBB:BIPH), a developer of next-generation biomedical technology. In the interview, Mr. Weiner discussed potential applications in the biomedical marketplace for the revolutionary ceramic SQUIGGLE motor, a piezoelectric motor that uses vibrations to drive small linear motors with a degree of precision that is measured in billionths of a meter, or nanometers.