latest news releases from the newsroom
SmallCap Sentinel: Better Mousetrap Files
IRVINE, Calif., Nov. 15, 2006 (PRIMEZONE) -- The informational report "Better Mousetrap Files" has been made available to the investing public via financial courier SmallCap Sentinel. The report will examine "better mousetrap" stories within the publicly-traded space, examining past successes and reviewing potential ideas within the smallcap sector of the market.
U.S. Consumer Products Companies Increasingly Optimistic About Economy, PricewaterhouseCoopers Finds
NEW YORK, Nov. 15, 2006 (PRIMEZONE) -- Nearly two-thirds of U.S. consumer products companies (64 percent) are optimistic about the U.S. economy over the next 12 months, up from 61 percent last quarter, according to PricewaterhouseCoopers' Retail & Consumer Industry Practice's Consumer Products Barometer, released today. A significant portion of the companies -- 60 percent -- also expressed optimism about the world economy. However, 53 percent are still concerned about energy prices and 32 percent see lack of demand as a barrier to growth.
Preferred Voice, Inc.
Preferred Voice Announces Reverse Stock Split
DALLAS, Nov. 15, 2006 (PRIMEZONE) -- Preferred Voice, Inc. (OTCBB:PFVI), a leading provider of mobile personalization and content services announced today that it has declared a five-for-one reverse split of its Common Stock, to be effective as of the close of business on November 24, 2006. As of such date, each existing share of the Company's Common Stock will be reclassified and changed into one new share of Common Stock. Each holder of Common Stock on the record date will be entitled to receive, upon delivery of his stock certificate, a certificate or certificates representing one share of Common Stock for each five shares of Common Stock represented by the certificate or certificates of such holder at the close of business on the record date. Cash will be paid to shareholders in lieu of any fractional shares.
Titanium Group Ltd.
Titanium Group Receives a Purchase Order of Several Thousand Units for Its New 3.5 Version of ProAccess FaceOK
SAN JOSE, Calif., Nov. 15, 2006 (PRIMEZONE) -- Titanium Group, Ltd. (OTCBB:TTNUF), a leading biometric and security solutions provider, today announced the launch of the upgraded ProAccess FaceOK 3.5 version, a logical access control product that enables facial logons to computer systems. This newly launched FaceOK 3.5 is equipped with state-of-the-art technology. Its improved core facial recognition engine enables an increase in accuracy of authentication up to 99.98%, while also reducing the facial recognition time to less than a second.
Kronos Advanced Technologies, Inc.
Kronos Issues First Quarter Update On Business Activities and Financial Results
BELMONT, Mass., Nov. 15, 2006 (PRIMEZONE) -- Kronos Advanced Technologies, Inc. (OTCBB:KNOS) President and Chief Executive Officer Daniel R. Dwight announced that during the first fiscal quarter ended September 30, 2006 the Company made advances toward the achievement of the Company's fiscal 2007 objectives: executing its agreements with EOL and DESA, establishing new strategic partnerships for marketing and selling Kronos-based air purification products, obtaining further independent validation of the efficacy of the technology and expanding its intellectual property.
Lindal Cedar Homes
Gallup Building & Design, LLC is Recognized With Founder's Circle Award
TACOMA, Wash., Nov. 15, 2006 (PRIMEZONE) -- Lindal Cedar Homes, the leading provider of custom cedar post and beam homes since 1945, will present Gallup Building & Design, LLC with the Founder's Circle Award on November 18th 2006. "The Founder's Circle Award is very exclusive. Exceptional performance, attention to detail and innovative thinking apply not only to our product, but to our dealers as well, and we feel it's important to recognize that," says Bob Lindal, CEO at Lindal Cedar Homes and son of founder Sir Walter Lindal.
Tank Sports, Inc.
Tank Sports Executive Comments On Its 4-for-1 Stock Split
LOS ANGELES, Nov. 15, 2006 (PRIMEZONE) -- One day after Tank Sports (OTCBB:TNSP) announced that its Board of Directors had approved a 4-for-1 forward stock split of the Company's common shares, the Vice President of Tank Sports, Inc., Mr. Wei Luo, comments on the stock split. When asked the reason for the company's stock splitting, Mr. Luo said: "Our stock has gone from $0.75 per share to $2.80 per share at close of market on November 14, 2006. This was done within only two weeks, and more shares are demanded. It appears to us that a lot of investors do not want to sell their shares at this moment. The stock splitting might be a better solution." He added: "The company's business strategy of building up a 'worldwide brand name made in China,' or a so-called 'China-Concept' model, has been proven a success in the market. The stock split will serve the company three purposes: 1) to add more value to the existing shareholders; 2) to make the stock more appealing to micro chip investors; 3) to give its stock more liquidity."