latest news releases from the newsroom
Cyper Media Inc.
Cyper Media signs Coproduction Agreement for `OMRoid' Animation Project
NEW YORK, March 4, 2004 (PRIMEZONE) -- Cyper Media, Inc. ("Cyper") (OTCBB:CYPM) is pleased to announce that the Company has signed a new co-production agreement for the animation project "OMRoid" with Animedia Dot Com, Inc. ("Animedia"). This announcement is an update to a previous press release from November 2003 which described the initial letter of intent and memorandum of understanding.
Mellon Research, Inc.
Mellon Research, Inc. To Provide Assets To Fund Construction Of Largest Toll Road In China
PHOENIX, March 4, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Pink Sheets:MLON) (the "company") announced today they will be signing and finalizing the contracts for the project in China that will allow the largest construction company in China to build the largest toll road in the country. Mellon will be putting up US$500,000,000 of assets with their partner Sampaio y Sampaio S.L. to complete the transaction. The client funding bank will be one of the largest banks in Beijing, China Everbright Bank. Also involved in the deal will be the prestigious law firm of Mr. Stanley P. Salzman P.C., Friesner & Salzman, LLP and their escrow bank, Citibank of Beijing, China. This will be one of the largest transactions to date for Mellon Research, Inc. and will be completed in the next 30 days, which will result in the addition of US$10,000,000 to their balance sheet.
HydroFlo Announces New Board of Directors
RALEIGH, N.C., March 4, 2004 (PRIMEZONE) -- HydroFlo, Inc. (OTCBB:HYRF) today announced the election of two independent members to its Board of Directors and the resignation of an existing Board member. More detailed information regarding the Board change is set forth in a Current Report on Form 8-K filed with the SEC.