latest news releases from the newsroom
Across America Real Estate Development Corp.
Across America Real Estate Development Announces Sale Producing $1,078,090 in Revenue
DENVER, Aug. 31, 2004 (PRIMEZONE) -- Across America Real Estate Development (Pink Sheets:AARD) (the "Company") announced the sale of a Fortune 500 national tenant new construction project. This property was sold through the Company's subsidiary, Cross Country Properties, III to a third party investor for $1,078,090. The Company's 50% participating interest in its subsidiary generated gross profit and rents of approximately $130,000 on the transaction. Across America was pleased to have provided 100% financing for this project.
New large orders for Biotage
STOCKHOLM, Sweden, Aug. 31, 2004 (PRIMEZONE) -- Biotage's newly launched systems for synthesis and purification of drug compounds have received an immediate response in the market. One of the largest pharmaceutical companies in the world has ordered instruments representing more than 1 million USD, or close to 8 MSEK. The orders comprise among other things 34 Sp1 purification systems, which were launched in the second quarter, and a number of Initiators, Biotage's new microwave synthesis system.
iMedia International, Inc.
iMedia International, Inc. Reports Record Revenues for Second Quarter
SANTA MONICA, Calif., Aug. 31, 2004 (PRIMEZONE) -- iMedia International, Inc. (Pink Sheets:IMNL) is pleased to report record revenues of $899,675 in the second quarter ended June 30, 2004 compared to $102,120 during the second quarter of 2003, an increase of over 750%. The increase in sales is indicative of the Company's increased ability to procure new business and the shift in its sales emphasis towards special edition and custom disc production. "We have focused much of our sales and marketing activities towards forming strategic partnerships with publishers of newspapers, magazines and various new corporate clients, the results of which we feel will be realized within the next six months," states David MacEachern, Chairman and CEO of iMedia International, Inc. He added, "In addition, we are increasing emphasis on marketing to the direct response industry for new business."
Cycle Country Continues Year over Year Revenue Growth in July
MILFORD, Iowa, Aug. 31, 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, is pleased to announce revenues for July, 2004 were $1,509,416 versus $972,537 in July, 2003, an increase of over 55%. Rising demand for the company's industry leading snowplows and Original Equipment Manufacturers (OEM) accessories as well as new product introductions were catalysts for ATC's continued strong results. Snowplow revenues increased over 80% from last year while OEM revenue skyrocketed over 250%.
Tasty Fries, Inc.
Tasty Fries French Fry Vending Machines in Production
BLUE BELL, Pa., Aug. 31, 2004 (PRIMEZONE) -- Tasty Fries(r), Inc. (OTCBB:TFRY) announced today that Lintelle Engineering of Scotts Valley, California has commenced high-volume manufacturing of Tasty Fries French fry vending machines. Lintelle is finalizing the refinement for the manufacturing portion of its contract with the company, and is receiving material for the production of the machines.
World Golf League, Inc.
The WGL Signs Reality TV Production Contract
ORLANDO, Fla., Aug. 31, 2004 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it has entered into an agreement with Convergence Film & Television of Orlando, Florida to produce its upcoming reality based television series. Convergence will be responsible for all aspects of filming the eleven hours of content and plans on beginning production in early November 2004 in Las Vegas.