latest news releases from the newsroom
The Children's Internet, Inc.
National Association of Securities Dealers Removes the 'E' from The Children's Internet Stock Symbol
PLEASANTON, Calif., July 6, 2005 (PRIMEZONE) -- The Children's Internet, Inc. (OTCBB:CITC), the Company, announced today that on June 29, 2005 the Company was current in its public reporting obligations pursuant to NASD Rule 6530 and subsequently the NASD removed the "E" from its trading symbol and its stock resumed trading as "CITC.OB." Formerly, and for a relatively short period of time, the company had traded as "CITCE.OB." The "E" reflected that the Company had a temporary extension given by NASD to complete its required financial statement filings with the U.S. Securities and Exchange Commission (SEC). On June 9, 2005 it filed its required 10KSB and on June 23, 2005 it filed its required 10QSB with the SEC, putting the Company in compliance with the aforementioned Rule 6530.
CLX Investment Company
CLX Investment Company Appoints New Chief Executive Officer
TEMECULA, Calif., July 6, 2005 (PRIMEZONE) -- CLX Investment Company (OTCBB:CLXN) today announced that Tammy Dunn has been appointed to the position of Chief Executive Officer and President of the company, replacing Shane Traveller, who will continue to serve as the Company's Chairman of the Board of Directors. A Current Report on Form 8-K has been filed with the Securities and Exchange Commission detailing Ms. Dunn's appointment.
TeliaSonera in Exclusive Negotiations to Acquire Chess/Sense
STOCKHOLM, Sweden, July 6, 2005 (PRIMEZONE) -- TeliaSonera, the leading telecommunications group in the Nordic-Baltic region, has today signed a Term Sheet Agreement with shareholders representing more than 90 percent of the shares in Vollvik Gruppen AS giving TeliaSonera exclusivity until the beginning of August to conclude an acquisition of their shares in Vollvik Gruppen. Vollvik Gruppen owns 100 percent of Chess/Sense which is the third largest mobile operator in Norway with 310,000 subscribers as of June 2005.
OMDA Oil and Gas, Inc.
OMDA Oil and Gas, Inc. Adds Law Firm, Files Amended Petition in Multi-Million Dollar Lawsuit Against Former Management and Gives Operational Update
HOUSTON, July 6, 2005 (PRIMEZONE) -- OMDA Oil and Gas, Inc. (OMOG), an oil and gas production company (Pink Sheets:OMOG), through its Chairman, Adam Barnett, announced that on advice of Corporate Counsel Martin Nathan, the Law Firm of Zimmerman, Axelrad, Meyer, Stern & Wise has been engaged as lead counsel in the suit originally filed by the Company on March 29th 2005, against former Management and other affiliated parties. The Company is seeking return of assets plus actual damages in the amount of at least $36.5 million and Exemplary damages and Declaratory Judgment. Primary assets the Company is seeking return of include, but are not limited to: OMDA Oil & Gas Management, Inc., OMDA Oil & Gas Services, Inc. and SHWJ Oil and Gas. Current OMDA Management is seeking any and all converted or misappropriated assets along with appropriate damages to be returned to the rightful hands of OMOG shareholders.
ADVA Optical Networking
ADVA Optical Networking Announces McDATA OPENready Certification to Support 10Gbit/s Connectivity Up to 190KM
MUNICH, Germany, July 06, 2005 (PRIMEZONE) -- Interoperability between ADVA's Fiber Service Platform systems and McDATA's Intrepid 10000 Backbone Director results in industry's first 10G Fibre Channel extension between data centers over optical metro area networks (MANs)Mahwah/New Jersey, USA; Martinsried/Munich, Germany; July 6, 2005. ADVA Optical Networking today announced that it has passed OPENready qualification testing with McDATA Corporation, a leading provider of storage networking solutions. ADVA's Fiber Service Platform (FSP) has been tested and is now qualified as interoperable with McDATA's Intrepid(R) 10000 Backbone Director (i10K) for support of 10Gbit/s inter-switch links (ISLs) over distances of up to 190 kilometers at full bandwidth. By reducing the number of ISLs required between data centers for a given level of bandwidth, enterprises greatly reduce total cost and networking complexity when deploying the ADVA and McDATA products as a complete solution.
Prima Poker Ltd
The Prima Poker Network Shows Extraordinary Growth
LAS VEGAS, July 6, 2005 (PRIMEZONE) -- The Prima Network, the world's largest online poker network, announced today the addition of three new card rooms, as it continues to dominate the business of online poker. The newly added card rooms include BoylesportsPoker.com (www.boylesportspoker.com), Ireland's largest independent betting and gaming company; 24poker.com (www.24poker.com); and Purple-Lounge.com (www.purple-lounge.com). These card rooms represent an explosion of interest in poker from the online sports betting, entertainment, and technology sectors, which seek to take part in the $10 billion online poker industry.