latest news releases from the newsroom
CAPCO Energy, Inc.
CAPCO Acquires a Land Position in Potential CBM Play
ORANGE, Calif., March 3, 2004 (PRIMEZONE) -- CAPCO Energy, Inc (OTCBB:CGYN) announced today that it has completed a well drilled to test the Coal Bed Methane potential in a 4,131 acre lease in North Texas. The test well encountered about 8 feet of coal at 1100 feet. The well will be completed, and the testing phase will commence for the next 60 days. Several gas pipelines pass through the acreage giving the ability to sell all produced gas from this region. If the well produces commercial quantities of gas after the "dewatering" phase, the Company plans to increase its land position for an extended phase of drilling. The lease also contains conventional gas reserves discovered by utilizing updated seismic interpretation and the drilling of two wells in 2003.
Southern States Power Company, Inc.
Southern States Power Co. Announces SunAmp Agreement with NativeSUN
RIVERSIDE, Calif., March 3, 2004 (PRIMEZONE) -- Southern States Power Company, Inc. (Pink Sheets:SSPC), today announced that its subsidiary, SunAmp Power Company, Inc., a leading regional solar energy provider, has reached an initial agreement to acquire 24% of NativeSUN, an established Native American solar energy company with offices in Arizona and Colorado.
Law Offices Bernard M. Gross, P.C.
Law Offices Bernard M. Gross, P.C. Files Class Action Suit Against El Paso Corporation -- EP
PHILADELPHIA, March 3, 2004 (PRIMEZONE) -- Law Offices Bernard M. Gross, P.C. (http://www.bernardmgross.com) announces that a class action lawsuit, numbered 04cv 0853, was commenced in the United States District Court for the Southern District of Texas, against defendants El Paso Corporation ("El Paso" or the "Company") and William A. Wise on behalf of all persons who purchased/acquired El Paso common stock (NYSE:EP) pursuant to the $24 billion merger with Coastal Corp. ("Coastal") in a stock for stock transaction completed on January 29, 2001 ("Merger") (the "Class Period"), seeking remedies under the Securities Exchange Act of 1934 (the "Exchange Act"). The case is presiding before the Honorable John Rainey.
American Ammunition Inc.
American Ammunition Receives Additional Export Orders
MIAMI, March 3, 2004 (PRIMEZONE) -- American Ammunition, Inc. (OTCBB:AAMI), AAMI, announced today that it received two (2) additional export orders from its Dominican Republic and Curacao distributors. Both distributors previously ordered and received product from AAMI in 2003. The new orders total an additional 300,000 rounds. Export orders continue to provide AAMI added revenues that complement its domestic sales program.
XsunX Announces Efficiency Breakthrough
ALISO VIEJO, Calif., March 3, 2004 (PRIMEZONE) -- XsunX (OTCBB:XSNX), the providers of breakthrough patented thin film technology to produce solar electric vision glass, announced today that recent research has provided the basis for some efficiency breakthroughs.
EMS Technologies, Inc.
EMS Satellite Networks Wins More Than $8 Million In DVB-RCS Contracts In Last Three Months
WASHINGTON, D.C., March 3, 2004 (PRIMEZONE) -- EMS Satellite Networks, a division of EMS Technologies, Inc. (Nasdaq:ELMG), announced today that it has received over US$8 million in orders for purchase of EMS SatNet DVB-RCS hubs and terminals from customers in North America, Europe, Asia and India over the last three months. The orders include orders for over 1,000 terminals, as well as upgrades to existing systems, development platforms for integrators, and three new systems for military, VoIP and distance-education networks.