latest news releases from the newsroom
NEON Communications Group, Inc.
Globix Corporation Completes Offer to Purchase $40 million of its Senior Notes
NEW YORK, Feb. 27, 2004 (PRIMEZONE) -- Globix Corporation (OTCBB:GBXX), a leading provider of managed Internet applications and infrastructure services, today announced it had received the tender of $97,956,711 in principal amount of its 11% Senior Notes due 2008 ("Notes"). Under the terms of the offer, Globix will purchase $40,274,000 of the tendered, outstanding Notes for cash at par plus accrued interest. This offer is being funded with a portion of the net proceeds from the sale of its property located at 415 Greenwich Street in New York, New York which closed on January 22, 2004. In that the value of tendered bonds exceeded the offer to purchase, the purchase will be conducted on a pro-rata basis. Replacement notes will be issued to tendering noteholders for the balance of their unpurchased notes, where necessary.
World Golf League, Inc.
The World Golf League Announces March Media Schedule
ORLANDO, Fla., Feb. 27, 2004 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it has spent over $100,000 for Long and Short form commercial spots during the month of March 2004. The 28-minute infomercial will air on the Golf Channel six times during March -- 3/8 at 5:30 AM, 3/9 at 6:00 PM, 3/11 at 1:30 PM, 3/13 at 6:00 AM, 3/14 at 6:30 AM and 3/15 at 5:30 AM. In addition to the infomercial, The WGL, Inc will air 238 one-minute spots on Direct TV's sports cluster from 3/1 to 3/14. These spots will cover seven networks including ESPN, The Golf Channel, ESPN Classic, ESPN 2, ESPNews, The Speed Channel and Outdoor Life. Also, The WGL, Inc. will air 44 one-minute spots on The Golf Channel from 3/15 to 3/28.
The Project Group, Inc.
The Project Group, Inc. Adds Tommy Lovelace as a Key Project Management Coach/Teacher/Advisor
HOUSTON, Feb. 27, 2004 (PRIMEZONE) -- The Project Group, Inc. (OTCBB:PJTG), today announced that Tommy Lovelace, known far and wide for his Tommy's Tips on Microsoft's Project User Group website, www.mpug.org, has joined the Company to provide industry-focused advisory services in Project Management Solutions using Microsoft's (Nasdaq:MSFT) Project. An experienced project management professional with over twenty five years of management consulting experience, Mr. Lovelace will be working with PJTG's strategic clients in 2004. See our website at www.projectgroup.com for more information about how we can improve your project management performance.