latest news releases from the newsroom
eMax Holdings Corporation
eMax Corporation Discloses Ownership of eMax Net, Inc.
ORLANDO, Fla., Feb. 24, 2004 (PRIMEZONE) -- eMax Corporation, a publicly held Delaware Corporation (Pink Sheets:EMAX), today disclosed the details of the company's ownership of eMax Net, Inc. (EMAXNET) in response to repeated shareholder inquiries related to recent EMAXNET developments. Between March 2000 and present, EMAX has acquired 3,214,285 shares of EMAXNET in exchange for 19,705,882 common EMAX shares in three transactions at a total book value of $5,426,470.50 representing approximately $1.69 per share of EMAXNET and $0.275 per share of EMAX. In addition, EMAX licensed the rights to its Gateways to Space series of NASA educational titles to EMAXNET in January 2004 for an additional $2,000,000 in EMAXNET shares. The company's total position in EMAXNET currently represents a cash equivalent value, based on book, of $0.113 per issued and outstanding EMAX common share. The company notes the interests and values stated herein are apart from all other assets and interests EMAX holds in matters unrelated to EMAXNET.
ECON Investor Relations Inc.
Markland Technologies , Inc. Announces $3.25 M in Quarterly Revenues; a 964% Increase over Previous Quarterly Revenue Results
RIDGEFIELD, Conn., Feb. 24, 2004 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL) (www.marklandtech.com), an integrated homeland security company, announced revenue results for the second quarter of fiscal 2004, ended December 31, 2003. Revenue for the quarter was $3,256,771 representing a significant sequential increase of 964% compared to the $306,724 in revenue reported for the first quarter of fiscal 2004. This increase is primarily due to sales of our vapor detection system which came about from our acquisition of STR in September 2003. The company reported a significant sequential increase in gross profit of $1,184,146 compared to a gross profit of $49,768 for the previous quarterly period in fiscal 2004. The company also reported a net loss of $827,209, which was comprised predominantly of a non-cash charge of $1,137,162 for compensatory restricted stock issuances associate with executive compensation. The company expects non-cash compensatory stock issuances to be substantially less for the remainder of this fiscal year. This is a reduction compared to the net loss of $911,936 reported for the previous quarter in fiscal 2004. Net loss attributable to common stockholders after deducting non-cash dividends on preferred stock was $0.18 per share compared to $0.19 per share for the previous quarter in fiscal 2004.
ASM International NV
ASM Announces New Wire Bonder Customers
BILTHOVEN, Netherlands, Feb. 24, 2004 (PRIMEZONE) -- ASM International N.V. (Nasdaq:ASMI) (Euronext Amsterdam: ASM) announced today that its 54%-owned subsidiary, ASM Pacific Technology, Ltd. (Hong Kong Exchanges: 0522), the world's largest supplier of assembly and packaging equipment to the global semiconductor equipment industry, has received initial Eagle-60 gold wire bonder orders from two US customers. The bonder deliveries are slated to begin in March 2004.
Cycle Country's Lawn and Garden Accessories Cut Time and Tough Mowing Jobs
MILFORD, Iowa, Feb. 24, 2004 (PRIMEZONE) -- Cycle Country Accessories Corp. (AMEX:ATC), the outright leader in developing and manufacturing select custom-fitting accessories for the all-terrain vehicle (ATV) and other diversified industry products, announced a 140% increase in preliminary mower orders compared to the same time last year. Industry trends contributing to this rise are demand for larger, more versatile ATVs and small tractors with capabilities to handle large or tough mowing conditions.