latest news releases from the newsroom
HealthCare.com Announces Financing At Dow Jones Healthcare Conference
SAN FRANCISCO, June 19, 2007 (PRIME NEWSWIRE) -- HealthCare.com (http://www.healthcare.com), announced today a $6.1 million founders round of financing along with initial plans for development of a global platform for patient-centric health management. The HealthCare.com domain was purchased by current management in 2006. Over the next six months, HealthCare.com will unveil functionality that allows users to become informed healthcare consumers capable of working with care providers with unprecedented efficiency. Vertical search, online medical records and community features are core elements of the new website. The news was announced today by Robert Monster, Chairman of HealthCare.com, at the Dow Jones Healthcare Innovations Conference in San Francisco.
USA Recycling Industries, Inc.
Voyager Petroleum Hires Mazen Khatib to Head Distribution of Sovereign Oil Subsidiary
HINSDALE, Ill., June 19, 2007 (PRIME NEWSWIRE) -- Voyager Petroleum, Inc. (OTCBB:VYGO) (Frankfurt:DXD) announced today the hiring of Mr. Mazen Khatib for the position of Vice President of Distribution of its wholly-owned subsidiary, Sovereign Oil, Inc. Mr. Khatib has over 20 years of experience in the marketing and distribution of petroleum products which include various grades of oil and anti-freeze. Prior to his employment with Sovereign, Mr. Khatib owned and managed various marketing and distribution companies with annual sales in excess of 5 million dollars.
Kronos Advanced Technologies, Inc.
Kronos Enters Into Funding Agreement for Up to $18 Million in New Funding With An Initial Advance of $4.2 Million
BELMONT, Mass., June 19, 2007 (PRIME NEWSWIRE) -- Kronos Advanced Technologies, Inc. (OTCBB:KNOS) announced today that it has entered into a Funding Agreement with a group of lenders providing for a loan, at the discretion of the lenders, in the aggregate amount of up to $18,159,000. At the initial closing, the Company received an initial advance of $4,259,000. After payment in full of the amounts due under an outstanding convertible debenture issued to Cornell Capital Partners and settlement agreement obligation to HoMedics and the expenses of the transaction, the remainder, estimated at approximately $1.1 million, will be used for working capital purposes.