latest news releases from the newsroom
Generex Biotechnology Corp.
Generex Biotechnology to Present At 2008 BioNetwork Conference
WORCESTER, Mass., Oct. 7, 2008 (GLOBE NEWSWIRE) -- Generex Biotechnology Corporation (Nasdaq:GNBT) (http://www.generex.com), the leader in drug delivery for metabolic diseases through the inner lining of the mouth, announced today that William Abajian, Senior Advisor, Global Strategic Alliances & Business Development, will present at the 2008 BioNetwork Conference from October 6-8th at The Ritz Carlton, Laguna Niguel, California. The conference features leading pharmaceutical and biotechnology companies seeking to develop partnerships and co-development opportunities. Mr. Abajian is responsible for all of Generex's business development activities globally including development, management and expansion of new and current partnerships for the company.
Oriens Travel & Hotel Management Corp.
Oriens Travel & Hotel Management Exceeds Projections With Recent Contract Worth Estimated $250,000
LAS VEGAS, Oct. 7, 2008 (GLOBE NEWSWIRE) -- Oriens Travel & Hotel Management Corp. (Pink Sheets:OTHM) (http://www.orienscorp.com), a company that seeks out mid/lower-end hotel properties in developing countries and reorganizes them under the Hotel PURE brand, is pleased to announce the signing of its first contract with one hotel, worth approximately $250,000 per year in revenue to the Company. Oriens will facilitate all of the hotel's online booking needs and in return this order will allow the Company to achieve revenue ahead of projections.
Pro Travel Network Reports a Record Increase in Revenues, Profits
FRESNO, Calif., Oct. 7, 2008 (GLOBE NEWSWIRE) -- Pro Travel Network, Inc. (OTCBB:PTVL) (the "Company") is pleased to announce its financial results for the fiscal year ended June 30, 2008. PTVL reported a 112% increase in revenue, an 86% increase in gross profit, and had positive comprehensive income of $185,639.