latest news releases from the newsroom
eMax Holdings Corporation
eMax Net, Inc. Closes Acquisition of MarketBeasts.com LLC Assets
ORLANDO, Fla., March 26, 2004 (PRIMEZONE) -- eMax Net, Inc., a Florida corporation (EMAXNET) partly owned by EMAX Corporation (Pink Sheets:EMAX) today announced the closing of the acquisition of MarketBeasts.com LLC key assets announced in February of this year. Under the agreement EMAXNET has acquired the rights to the MarketBeasts.com LLC business plan, network infrastructure, contracts, customer base, domains and proprietary software applications consisting of data services, message boards, chats and other retail investor services for $1,250,000 in convertible preferred EMAXNET stock at $1.70 per share. EMAXNET will complete the development and deployment of the MarketBeasts business plan and web site in conjunction with other technologies currently under acquisition and development to create a turnkey subscription-based WiFi end user solution for the on-line retail investment community competing directly with online financial message board communities and market data services. EMAXNET will also seek to integrate these new services into its programming slate adding a strong financial information backbone to its broadcast capabilities. Further details of this initiative will be announced upon the completion of additional pending business alliances and acquisitions.
Murray, Frank & Sailer LLP
Murray, Frank & Sailer LLP Announces Class Action Lawsuit on Behalf of Investors Who Purchased Securities of Siebel Systems, Inc. -- SEBL
NEW YORK, March 26, 2004 (PRIMEZONE) -- Notice is hereby given that Murray, Frank & Sailer LLP commenced a Class Action lawsuit in the United States District Court for the Northern District of California, on behalf of a class (the "Class") consisting of all persons who purchased securities of Siebel Systems, Inc. ("Siebel Systems" or the "Company") (Nasdaq:SEBL) between October 1, 2001 and July 17, 2002, inclusive (the "Class Period"). Defendants include Siebel Systems, Thomas M. Siebel, Kenneth M. Goldman, and R. David Schmaier. The Complaint charges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10-b(5).
Adsouth Partners, Inc.
AdSouth Partners Inc. Retains National Talent For GameZnFlix, Inc. Summer Campaign.
BOCA RATON, Fla., March 26, 2004 (PRIMEZONE) -- AdSouth Partners Inc. (OTCBB:ADPR) is excited to announce that it has successfully retained a high profile, nationally recognized talent for the GameZnFlix, Inc. (OTCBB:GZFX) summer campaign. With the initial campaign launching on Saturday, March 27, 2004, with Dennis Cole, this second stage summer campaign will focus more on the game rental side of GameZnFlix and will target America's young people between the ages of 12 to 25. AdSouth's retention of this talent has led to a significant budget increase by GameZnFlix, Inc. based on a proposed series of 3 to 4 commercials featuring this talent.
SurfBoost Web Accelerator New Version 3.1 Released by Sitestar
LYNCHBURG, Va., March 26, 2004 (PRIMEZONE) -- Sitestar Corporation today announced the latest version of its SurfBoost(TM) Web Acceleration Service, version 3.1. This new version is now available for both the Macintosh and Windows based PCs. According to Sitestar, version 3.1 goes far beyond Web acceleration to enhance the entire consumer experience. Some of the new features include: in-page ad blocking capabilities, better performance statistics, improved denial of service protection, Macromedia Flash compression and better stability.
Northrop Grumman Corp.
Photo Release -- Northrop Grumman Promotes Carolyn Pittman to Vice President of Finance, and Controller
EL SEGUNDO, Calif., March 26, 2004 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) has appointed Carolyn Martin Pittman vice president of finance and controller for its Integrated Systems sector. In this assignment, she will continue leading the sector's efforts to leverage common systems and shared services to achieve high quality, cost effective financial and accounting practices. She will report to Lance Newquist, the sector's vice president of business management and chief financial officer.