latest news releases from the newsroom
GTREX Capital, Inc. Releases July 2005 Investor Newsletter
ALISO VIEJO, Calif., July 8, 2005 (PRIMEZONE) -- GTREX Capital, Inc. (OTCBB:GRXI) today released its July 2005 investor newsletter chronicling a number of recent events that are expected to build revenues in its operating subsidiary, Global Travel Exchange, over the coming fiscal quarters. A text only version of the newsletter is being emailed through the company's website-based mailing list, and a PDF version of this issue and all past newsletters can be found on the company's website at www.gtrexcapital.com/newsletter.asp.
SYSCO's FreshPoint Subsidiary Signs Agreement to Acquire Produce Supplier Fowler & Huntting
HOUSTON, July 8, 2005 (PRIMEZONE) -- SYSCO Corporation (NYSE:SYY), North America's largest foodservice marketer and distributor, today announced that its FreshPoint produce subsidiary has signed a purchase agreement to acquire The Fowler & Huntting Company, Inc. The company is a full-line fresh fruit and vegetable distributor headquartered in Hartford, Connecticut. Terms of the agreement were not disclosed. The transaction is expected to close by July 30, 2005.
PSB Group, Inc.
PSB Group, Inc. Announces Second-Quarter Earnings
MADISON HEIGHTS, Mich., July 8, 2005 (PRIMEZONE) -- PSB Group, Inc., (OTCBB:PSBG), the bank holding company for Peoples State Bank, a Michigan state-chartered bank with offices in Wayne, Oakland and Macomb Counties, announced net income for the second quarter of 2005 was $1,282,000, or $.44 per average outstanding share, compared to $959,000, or $.32 per average outstanding share in the second quarter of 2004.
Digital Descriptor Systems Inc.
Digital Descriptor Systems, Inc. Subsidiary Announces New European Distribution Channel For Security Products
SEA GIRT, N.J., July 8, 2005 (PRIMEZONE) -- Digital Descriptor Systems, Inc. (DDSI) (Pink Sheets:DDSI), an industry leader that develops products for Homeland Security, including supply chain and criminal justice markets, today announced the latest addition to its global distribution network, CGM Europe, Ltd. CGM Europe Ltd, as DDSI's partner in Europe, will market, sell and support the whole range of security products and services provided by CGM Applied Security Technologies, a subsidiary of DDSI. It will be a full-line stocking distributor with coverage throughout the European Union with headquarters in Dublin, Ireland.
Diamond Discoveries International
Diamond Discoveries Engages Watts, Griffis and McOuat
VANCOUVER, British Columbia, July 8, 2005 (PRIMEZONE) -- Diamond Discoveries International Corp. (OTCBB:DMDD) is pleased to announce that they have engaged the geological and engineering consulting firm Watts, Griffis and McOuat (WGM) to assist in the exploration for diamonds in the Torngat Mountain region of Quebec. As per the press release of June 9th, WGM will review the results of the airborne magnetic survey and other available data in order to select targets for ground follow-up and drill testing of potential diamond bearing pipes. Once the targets are selected, WGM will outline a program for exploration to be carried out during the 2005 season. WGM will be retained to oversee and direct continuing exploration of the Torngat property.
Public Company Management Corporation
Public Company Management Corp.'s Brock to Lead Small Business Fundraising Efforts for Beers' Gubernatorial Campaign
LAS VEGAS, July 8, 2005 (PRIMEZONE) -- Stephen Brock, president of Public Company Management Corporation (OTCBB: PUBC), has been selected to lead small public company fundraising efforts for Bob Beers' race for the Nevada governorship. Beers (R-Las Vegas) serves on the advisory board for PUBC, which provides consulting and advising services to small companies seeking to access public capital markets. Brock, as PUBC's chief executive, is an ideal choice to run Beers' small business and economic development initiative for the State of Nevada. This initiative will seek out small businesses that benefit from being a Nevada corporation and a public company, as well as companies that benefit from operating in the state's pro-business, low-tax environment. As the next Nevada governor, Beers would help restore some of the liberty and economic freedom that has made Nevada famous as a small business mecca -- and that has been eroded over the past two sessions.