latest news releases from the newsroom
Imagis Announces Closing of Financing
VANCOUVER, British Columbia, Dec. 1, 2004 (PRIMEZONE) -- Imagis Technologies Inc. ("Imagis") (OTCBB:IMTIF) (TSX Venture Exchange:WSI) (DE:IGYA) announced today that, subject to final regulatory approval, it has closed the private placement originally announced on September 17, 2004. The private placement for total net proceeds of $1,179,100(CDN) consists of 3,930,333 Units at $0.30 per Unit. Each Unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share in the capital of Imagis at an exercise price of $0.40 in the first year and $0.50 in the second year.
KidSational to Increase Brand Awareness and Nationwide Sales by Partnering With Innovative Events Marketing
SAVANNAH, Ga., Dec. 1, 2004 (PRIMEZONE) -- KidSational, Inc. (Pink Sheets:KDSC) has joined forces with Innovative Events Marketing of St. Petersburg, FL, to market the Company's new line of cutting-edge educational products and programming, including the Guardians Safety game, the "Ouchy" sticker collection, carpacks, and other unique children's products.
FindProfit.com Provides Investment Analysis of Mortgage Sector
PRINCETON, N.J., Dec. 1, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% audited return in 2003, and which is beating the market again in 2004, announced today that it has provided to trial and paid subscribers investment analysis of the mortgage-lending sector, including coverage of Accredited Home Lenders (NASDAQ:LEND) and IndyMac Bancorp (NYSE:NDE).
Ethos Environmental, Inc.
Victor Industries Independent Sod/Turf Tests Produce Positive Results
LOS ANGELES, Dec. 1, 2004 (PRIMEZONE) -- Victor Industries (OTCBB:VICI) is pleased to announce the result of a four month long independent test of its Enviroturf(tm) product. Enviroturf, a water retentive, slow-release fertilizer delivery system, was tested against the conventional method of growing sod and turf. The final report, which will be made available on request, will conclude that the test sites incorporating Enviroturf grew denser cover with substantially greater lateral tillers and had more developed root systems. Further, when all watering was stopped, the Enviroturf plots exhibited up to fifty percent more drought resistance than the control sites. These qualities, along with Enviroturf's environmentally responsible formulation and guarantee of up to 3 years without further need to fertilize, can be passed on by the sod/turf grower to the consumer.
Global Economy to Slow and US Dollar to Fall Further in 2005, but Outlook Favourable for European Equity and Fixed Income Markets, Says ABN AMRO
STOCKHOLM, Sweden, Dec. 1, 2004 (PRIMEZONE) -- ABN AMRO predicts global GDP growth will fall from 5% to 4% in 2005, as continued US Dollar (USD) weakness fuels European and Japanese currency strength, damaging export demand and exposing chronically low domestic spending levels in these regions. Despite the bleak macro economic environment, European equity markets are set to outperform relatively on stable interest rates, above average earnings growth and increased fund flows in Q1- the life assurance, telecom, utilities and energy sectors offering the most upside. European credit is also predicted to outperform on a carry basis, with demand again outstripping only a slight increase in year on year supply in Euro (EUR) new issuance. Euro area fixed income as a whole will benefit from an expected end to further rate increases.
Quintek Technologies, Inc.
QSI to Offer Automated Accounts Payable Solution
HUNTINGTON BEACH, Calif., Dec. 1, 2004 (PRIMEZONE) -- Quintek Technologies, Inc. (OTCBB:QTEK) announced today that its QSI division, a North American provider of Business Process Outsourcing (BPO) services, is now positioned to begin offering an automated accounts payable solution to process invoices. This service will provide cost savings and increased efficiencies to clients in many industries, giving QSI a broad based program to expand its offerings and grow its customer base.