latest news releases from the newsroom
Satelinx International Inc.
Satelinx Confirms the Sale of 10,000 Units Worth Approximately $4,000,000
MONTREAL, March 22, 2005 (PRIMEZONE) -- Satelinx International Inc. (Pink Sheets:SLXI), a global provider of satellite vehicle tracking, confirmed today that it has received orders for 10,000 Units. These orders came from Dorval Auto and Satelinx Greece that have pre-sold the tracking services, which will procure Satelinx International with one-time sales of approximately $4,000,000 and yearly recurring revenues of $2,400,000.
BOWE SYSTEC AG
Another Rise in Earnings at BOWE SYSTEC Leads to Increase in Dividends
AUGSBURG, Germany, March 22, 2005 (PRIMEZONE) -- In fiscal 2004, the BOWE SYSTEC Group achieved sales of EUR 309.1 million compared to EUR 346.4 million in the prior year. The year-on-year decrease of EUR 37.3 million or 10.8% was due to almost 50% (EUR 15.7 million) to changed exchange rates. A large-scale order in the area of mail verification and sorting systems contained in the prior-year sales and product portfolio grooming to eliminate products of the former Bell+Howell organization explain the rest of the drop in sales.
Nesco Industries, Inc
Nesco Industries, Inc.'s Wholly Owned Subsidiary Hydrogel Design Systems, Inc. Announces First Order under a Supply Agreement with Noble Fiber Technologies, Inc.
LANGHORNE, Pa., March 22, 2005 (PRIMEZONE) -- Hydrogel Design Systems, Inc. ("HDS") a subsidiary of Nesco Industries Inc. (NESCO) (OTCBB:NESK) announced today that it is in the process of completing the first 50,000 piece order under a supply agreement, previously announced December 10th, 2004 with Noble Fiber Technologies, Inc. HDS and Noble have developed a line of advanced wound care products under the brand name SilverSeal(r), utilizing HDS' advanced hydrogel manufacturing technologies and Noble's X-STATIC(r) silver technology platform. The FDA has already granted 510(k) clearance to market the product.
Earth Search Sciences, Inc.
Earth Search Sciences Inc. Announces Pending Merger for Subsidiary Petro Probe, Inc. to Activate its Oil & Gas Interests
KALISPELL, Mont., March 22, 2005 (PRIMEZONE) -- Earth Search Sciences, Inc. (OTCBB:ESSE) announced today that a Memo of Understanding, outlining a merger between its subsidiary company Petro Probe, Inc. (PPI) and General Petroleum Inc., (GPI) a privately held company, has been drawn subject to due diligence.