latest news releases from the newsroom
International Fuel Technology Inc.
International Fuel Technology Hires Ex-Gulf Oil International Executive
ST. LOUIS, Nov. 11, 2004 (PRIMEZONE) -- International Fuel Technology Inc. (OTCBB:IFUE), the developer of a series of environmental fuel technologies and fuel blends designed to increase fuel economy and reduce harmful emissions, announces that Axel J. Farhi has joined IFT. Mr. Farhi's responsibilities will be two-fold: enhance IFT's existing focus and efforts in the fuel additives market and introduce IFT's technology into the oils and lubricants markets.
StockPickReport: SPY Buy Rating
SHREVEPORT, La., Nov. 11, 2004 (PRIMEZONE) -- Stock-Letter-Daily.Com (http://www.stock-letter-daily.com -- an affiliate site of StockPickReport, the web's only non-mainstream stock rating service), rates SPDR Trust, Apple Computer Inc., JP Morgan Chase & Co., TASER International.
StockPickReport: Research in Motion Sell Rating
SHREVEPORT, La., Nov. 11, 2004 (PRIMEZONE) -- Stock-Letter-Daily.Com (http://www.stock-letter-daily.com - an affiliate site of StockPickReport, the web's only non-mainstream stock rating service), rates Research In Motion Ltd, EMC Corporation, Flextronics International Ltd, Wyeth.
Vestin Group, Inc.
Vestin Group Revalues Vestin Fund III
LAS VEGAS, Nov. 11, 2004 (PRIMEZONE) -- Vestin Group Inc. (Nasdaq:VSTN) today announced that Vestin Mortgage has completed its annual valuation of the assets of Vestin Fund III, LLC as required by the Fund's Operating Agreement. Based upon such valuation, the value of members' capital accounts has been increased to $10.30 per unit from $10.00 per unit. The valuation of the capital accounts is determined on a tax accounting basis and will differ from the approximate unit value of $10.04 per unit as calculated under GAAP and as reflected in the Fund's September 30, 2004 financials. Until the next valuation, Vestin Fund III units will be sold at $10.30 per unit.
Integrated Software Development
Integrated Software Development Announces Software Compatibility With Latest Version of SAP Business One
KIRYAT BIALIK, Israel and LAS VEGAS, Nov. 11, 2004 (PRIMEZONE) -- Integrated Software Development Ltd. (ISD) (Pink Sheets:ITDJ), a provider of enterprise software aimed at small and medium sized enterprises (SME), announced today that following rigorous testing, its software solution, BENEFIT, is compatible with latest version of SAP(r) Business One. This compatibility means that BENEFIT effectively complements the Business One functionality, and when used together, these two products provide a more comprehensive enterprise solution to the SME market.
CLX Investment Company
CLX Investment Company Receives $5 Million Financing Commitment
TEMECULA, Calif., Nov. 11, 2004 (PRIMEZONE) -- CLX Investment Company, Inc. (OTCBB:CLXN) today announced that it has received a $5 million equity financing commitment arranged through Compass Capital Group, a New York-based private investment firm. The financing is designed to allow the Company to implement a number of strategic corporate initiatives, primarily the identification and acquisition of revenue-generating companies to build value in the CLX Investment portfolio.