latest news releases from the newsroom
GB&T Bancshares, Inc.
GB&T Bancshares, Inc. Expanding to Gwinnett
GAINESVILLE, Ga., Oct. 4, 2004 (PRIMEZONE) -- GB&T Bancshares, Inc. (NASDAQ:GBTB) today announced the signing of a definitive agreement for the merger of FNBG Bancshares, Inc., the parent company of the $115-million asset First National Bank of Gwinnett ("FNBG"), into GB&T Bancshares, Inc. ("GB&T"). GB&T is a $1.2-billion asset financial services organization based in Gainesville, Georgia. Established in 2000, FNBG will become the seventh banking organization to join GB&T and its lead bank, Gainesville Bank & Trust.
FTS Wireless, Inc.
FTS Continues to Generate Record Growth
LEVITTOWN, Pa., Oct. 4, 2004 (PRIMEZONE) -- FTS Wireless, Inc., a wholly owned subsidiary of FTS Group, Inc. (OTCBB:FLIP), today announced sequential post paid wireless activations grew by more then 100% during the third quarter.
Sciax Technology, Inc.
Sciax Announces Sale to U.S. Military
BAY CITY, Mich. and TORONTO, Oct. 4, 2004 (PRIMEZONE) -- Sciax Corp. (Pink Sheets:SCXC) reported today that a U.S. military customer has placed a strategically significant evaluation order for a confidential defense product developed by Sciax R&D partner Eomax Corp.
Montana Oil & Gas, Inc.
Montana Oil & Gas: Westlock Well Completion Underway
VANCOUVER, British Columbia, Oct. 4, 2004 (PRIMEZONE) -- Montana Oil & Gas (Pink Sheets:MOGI): Peter Sanders, President, has been advised by Energy 51 that the 1-5-60-25 well has been drilled to total depth of 3,300 feet. On the basis of log evaluation production casing is being set in the well bore today with perforation and production testing of the well to begin as soon as possible. The evaluation of various logs indicate the well's permeability and porosity from the Ellerslie formation (the primary pay zone) is similar to pre-existing producing wells in the immediate area.
FieldTurf Tarkett Merger Completed
PARIS and MONTREAL, Oct. 4, 2004 (PRIMEZONE) -- FieldTurf and Tarkett Sports, two giants in the sports surfacing industry, jointly announced that they have successfully completed their long awaited merger. The talks began early this year and have resulted in the pairing of two successful entities, each with its own unique products and expertise.
The Jordan Company L.P.
The Jordan Company Completes Sale of Professional Paint, Inc.
NEW YORK, Oct. 4, 2004 (PRIMEZONE) -- Principals of The Jordan Company and its affiliates ("Jordan") today announced that Professional Paint, Inc. ("Pro Paint"), a company formed by Jordan, has completed its merger with a subsidiary of Consorcio Comex S.A. de C.V. ("Comex"). As a result of the merger, Jordan has sold its entire interest in Pro Paint.
PayStar Terminates LOI with ICMH
LODI, Calif., Oct. 4, 2004 (PRIMEZONE) -- PayStar Corporation (Pink Sheets:PYST) announced today that it has terminated its LOI with ICM Telecom (Pink Sheets:ICMH) and PayStar's subsidiary GLOBALCash, Inc., because the opportunity could not be completed by the agreed upon date of Oct. 1, 2004. The proposed LOI was announced Sept. 2, 2004. Pursuant to the terms of the LOI each party has mutually agreed to the termination.