latest news releases from the newsroom
AngelCiti Entertainment, Inc.
AngelCiti to Split Off Online Poker Operations into Separate Development Unit
PEMBROKE PINES, Fla., Feb. 11, 2004 (PRIMEZONE) -- AngelCiti Entertainment's (OTCBB:AGEL) wholly owned subsidiary, Worldwide Management, announced that it will split off its online poker operations into a separate unit to more fully exploit the meteoric growth of the online poker industry. While online gaming itself continues to grow at a dramatic pace, the online poker industry has more than tripled in the past year according to statistics provided by PokerPulse.com, with an estimated $16 billion to be wagered at online poker websites this year.
Headliners Entertainment Group, LLC
Rascals International Starts Construction On First Mega Entertainment Complex
MONTCLAIR, N.J., Feb. 11, 2004 (PRIMEZONE) -- Rascals International Inc. (OTCBB:RSCA) announced today that it has begun construction of its first mega-entertainment complex, which will feature the Rascals Comedy Club, Banana Joe's nightclub, and the Cactus Lounge. This 30,000-square-foot club, being built in Jackson, Mississippi, will generate approximately $3.5 million of annual revenue with a 15 percent pretax net profit.
HydroFlo Announces Shift in Business Strategy
RALEIGH, N.C., Feb. 11, 2004 (PRIMEZONE) -- HydroFlo, Inc. (OTCBB:HYRF) today announced that the company's Board of Directors has met and agreed to undertake certain changes in business strategy that are designed to raise capital and expand the reach of HydroFlo and its proprietary wastewater treatment systems into new markets.
Skandia: Information Regarding Jan Wangard
STOCKHOLM, Sweden, Feb. 11, 2004 (PRIMEZONE) -- Jan Wangard, 45, passed away suddenly on Tuesday. Jan was working out of Mexico City as Head of Skandia's Latin America Division and member of Skandia's executive management. Jan Wangard has been employed in the Skandia group since 1979.