Business News - Page 163

Page 163 of Business News issued by the Send2Press® Newswire service.



Armor Electric Announces New Board Member

SOLANA BEACH, CA – May 1 (SEND2PRESS NEWSWIRE) — Armor Electric Inc. (OTC BB: ARME) today announced the appointment of Mr. Sam Karp to the Board of Directors. Mr. Karp is a resident of and premier builder/developer in the exclusive community of Rancho Santa Fe, located in southern California. Mr. Karp has a great interest Armor and believes in the exceptional potential of Armor’s electric vehicle program sufficient to provide a substantial capital investment into the company in February 2005 and again in April 2006.

The ‘Revolution’ in Personal Hydration is Here Now – Using the Not-A-Bottle(TM) Container System

ESTES PARK, CO – Apr. 27 (SEND2PRESS NEWSWIRE) — Rocky Mountain Patents, LLC (www.RockyBusiness.com) today announced that its innovative Not-A-Bottle(TM) container system is poised to revolutionize the personal hydration market. ‘The Revolution in personal hydration is here now! Instead of attempting to clean out permanent pouch systems, drinking bottles, or canteens, the Not-A-Bottle(TM) container system with a drinking tube or pop-up cap provides ‘Instant Refill’ by simply replacing the beverage bag,’ says Charles Schroeder, Manager.

City Network, Inc. Announces Financial Results for the Fiscal Year Ended December 31, 2005, Going Concern Qualification, and Resignation of Mr. Lai Tiao-Tsan

TAIPEI, Taiwan – Apr. 24 (SEND2PRESS NEWSWIRE) — City Network, Inc. (Amex: CSN), a company that designs, manufactures, and markets a comprehensive line of broadband and wireless Internet access solutions and consumer electronic products, announced financial results for the year end December 31, 2005. Net sales for the year ended December 31, 2005 totaled $14,320,409, compared to $15,674,613 for ten months ended December 31, 2004. The decrease in revenues for the year ended December 31, 2005 was due to a decline in the amount of sales of certain merchandise.

Armor Announces Funding Obtained for Completion of Mexico City Taxi Cab Project

SOLANA BEACH, CA – Apr. 24 (SEND2PRESS NEWSWIRE) — Armor Electric Inc. (OTC Bulletin Board: ARME) announces the company has completed financing in the form of a ‘convertible note’ with a substantial Investment Group in San Diego, California. This financing includes an initial payment to Armor of $215,000 USD and further payments up to a total of $600,000 USD to Armor based on the performance of agreed to ‘milestones’ between the parties.

IP TV, Streaming Movie and Music Revenue Set to Explode, says Insight Research

BOONTON, NJ – Apr. 21 (SEND2PRESS NEWSWIRE) — Streaming video and music distributed across the Internet or directly to a mobile handset is fast becoming a mainstream entertainment delivery vehicle that will generate more than $27 billion in network-derived and content-derived revenue into the US markets by 2011, according to a new market research study from The Insight Research Corporation.

ILM Technologies and Management Dynamics Form Strategic Business and Technological Alliance to Offer Innovative e-Commerce Solutions and Services to North America’s Manufacturers and Exporters

MONTREAL, QUEBEC and EAST RUTHERFORD, NJ – Apr. 19 (SEND2PRESS NEWSWIRE) — ILM Technologies, Inc. and Management Dynamics, Inc., a leading provider of global trade management solutions, today announced a strategic business and technological partnership to deliver top-quality, highly reliable e-Commerce and e-Trade Solutions to North America’s manufacturers and exporters.

The Active Network Acquires Content Management Provider IronPoint

SAN DIEGO, CA and VANCOUVER, B.C. – Apr. 19 (SEND2PRESS NEWSWIRE) — Driving additional value for its clients in government, non-profit, golf and education markets, The Active Network, Inc., a leading provider of application services technology and marketing services to community service organizations, has acquired Vancouver, B.C.-based IronPoint Technology, Inc.

Cognitive Technologies Expands D.C. Operations

ATLANTA, GA and WASHINGTON, DC – Apr. 18 (SEND2PRESS NEWSWIRE) — Cognitive Technologies, specialists in people-focused project management services, announces the opening of a regional office at 1201 Pennsylvania Ave. NW, Suite 300, just four blocks from the White House, in Washington’s East End business district.

Princeton Disc Appoints Avi Itzhakov as CEO and Partner

POINT PLEASANT BEACH, NJ — Apr. 18 (SEND2PRESS NEWSWIRE) — Princeton Disc has announced its appointment of Avi Itzhakov to the position of Chief Executive Officer. Mr. Itzhakov has served as Princeton Disc’s Chief Operating Officer since January of 2001, and has been Director of Operations since 1999. He will also join Princeton Disc’s Board of Directors and assume partnership in the corporation.

Authernative, Inc. Raises $2.5 Million in Series A Funding to Extend Its Position as Emerging Provider of User Authentication and Identity Management Solutions

REDWOOD CITY, CA – Apr. 12 (SEND2PRESS NEWSWIRE) — Authernative, Inc., the developer of innovative user authentication and identity management technologies, has raised $2.5 Million in Series A financing from venture capital and distinguished private investors including First Round Capital, WS Investments, Dave Duffield, Peggy Taylor, Ron Conway, and Scott Seligman.

Hot New Company Profit Booster: Long Term Care Insurance

KIRKLAND, WA – Apr. 4 (SEND2PRESS NEWSWIRE) — For working Americans and their employers, caring for an incapacitated parent or spouse can be expensive. ‘It’s costing an estimated $659,000 over the lifetime of each and every employee,’ says Cameron Truesdell, CEO of LTC Financial Partners, publisher of a new guidebook on the subject. That figure includes time spent away from work caring for family members, lost wages, and lost contributions to Social Security and pensions. In addition, companies suffer from reduced productivity as employees worry about their loved one or rush off to handle emergencies. Talent pools drain as a firm’s most seasoned people leave to become full-time caregivers.

Nano Superlattice Technology, Inc. Announces the Retainer of Festo AG & Co. to Construct Sophisticated Robotic Automation Insertion Machinery to be used in Nano Coating Process

TAIPEI, Taiwan – Mar. 29 (SEND2PRESS NEWSWIRE) — Nano Superlattice Technology Inc. (OTC BB: NSLT – ‘Nano’), a company engaged in the coating of tools and components with nano structured PVD coatings for the semiconductor, precision machinery and telecommunications industries, announced today the retainer of automation systems and engineering design services company Festo AG & Co. of Germany to manufacture complex automatic insertion machinery for the nano-coating of client products.

deverus Launches Updated Website Highlighting Business and Technology Services Unique to the Background Check Industry

AUSTIN, TX – Mar. 29 (SEND2PRESS NEWSWIRE) — deverus is a service company that helps emerging leaders in the background-check industry to diversify, compete and grow in a changing marketplace.

Armor CEO Attends Republican Workshops and Dinner

SOLANA BEACH, CA – March 28, 2006 (SEND2PRESS NEWSWIRE) — Armor Electric Inc. (OTC BB: ARME) wishes to announce that the CEO of Armor Electric, Mr. Merrill W. Moses was invited to attend a Republican dinner with President Bush, Senators and Congressmen this past week in Washington, D.C. He also participated in the National Republican workshop forum on the Republican four part Energy Initiative which, in part, is a ‘brain trust’ and ‘think tank’ to develop loans and grants for new technology in the fields of alternative energy, hydrogen and ethanol fuels, hybrid electric systems, conservation and other energy saving technologies.

Bantam Electronics(SM) And Crossroads(TM) Systems Form Strategic Partnership

AUSTIN, TX – Mar. 27 (SEND2PRESS NEWSWIRE) — Bantam Electronics, Inc. a leading provider of custom computer, server, data storage and embedded appliance manufacturing, as well as end-to-end supply chain services, today announced its strategic partnership with Crossroads Systems, Inc. Crossroads is a leading provider of Business Information Assurance (BIA) solutions and, per its heritage, is also recognized as a storage devices market leader producing enterprise-class, high-performance and high-reliability storage routing devices.

Napatech Receives $5 Million Venture Capital Funding

COPENHAGEN, Denmark and MOUNTAIN VIEW, CA – Mar. 24 (SEND2PRESS NEWSWIRE) — Napatech today announced the investment of $5 million from Ferd Venture, Northzone Ventures and DTU Innovation. Napatech is the leader in programmable high speed Ethernet network adapters. The investment coincides with Napatech’s acquisition of the network adapter business of storage solution leader Xyratex.

Napatech Acquires Programmable Network Adapter Business and IP from Xyratex

COPENHAGEN, Denmark and MOUNTAIN VIEW, CA – Mar. 24 (SEND2PRESS NEWSWIRE) — Napatech today announced the acquisition of key intellectual property and business access from Xyratex, a leading provider of enterprise data storage subsystems and network technology, listed on Nasdaq.

Birmingham, AL Woman Business Owner Wins National Award

BIRMINGHAM, AL – Mar. 23 (SEND2PRESS NEWSWIRE) — Sheila Benson, President and CEO of Employment Screening Services in Birmingham, Alabama, has been selected as a Women-Owned Business Star for 2006.

TedJob.com: Internet Job Search Leader Focuses on Higher Education

NEW YORK, NY – Mar. 23 (SEND2PRESS NEWSWIRE) — TedJob.com is a Website that meets the unique recruitment needs of colleges, universities and other academic institutions. It provides career services to employers, faculty members and job seekers.

Texas Educational Publisher DynaStudy, Inc. Earns HUB Certification as Woman-Owned Business

LEAGUE CITY, Texas (SEND2PRESS NEWSWIRE) — DynaStudy, Inc. was recently awarded certification as a Historically Underutilized Business (HUB) by the Texas Building and Procurement Commission (TBPC). The TBPC develops rules and administers the certification and compliance functions for the State of Texas minority and woman-owned business program.

HostBridge Technology Granted U.S. Patent on Integration for CICS Applications; Patent Covers Innovative XML-based Approach

STILLWATER, OK – Mar. 22 (SEND2PRESS NEWSWIRE) — HostBridge Technology, a provider of integration software that XML-enables CICS Transaction Server applications, today announced it has been granted U.S. Patent Number 6,981,257 B2 on the techniques underlying its primary software product – also referred to as HostBridge.

Active Marketing Group Acquires Nation’s Largest Health Club Promotions Agency for Stake in Fast-Growing Health Club Industry

SAN DIEGO, CA – Mar. 22 (SEND2PRESS NEWSWIRE) — Claiming a stake in the fast-growing health club industry, Active Marketing Group, a division of The Active Network, Inc. and a full service, integrated marketing and consumer promotions agency known for its direct access to active consumers, announced today that the company has acquired Denver, Colo.-based Promote It International, the nation’s largest health club promotions agency.

DataLogic International Announces New CFO

IRVINE, CA – Mar. 21 (SEND2PRESS NEWSWIRE) — DataLogic International, Inc., (OTC Bulletin Board: DLGI; Berlin, Frankfurt Stock Exchange: 779612), a provider of GPS-based mobile asset management, secured mobile communications and network security, today announced the appointment of William R. Abbott as Chief Financial Officer.

Corporate Phone Bills Now One-Third Cellular, Says Insight Research

BOONTON, NJ – Mar. 17 (SEND2PRESS NEWSWIRE) — Spending by businesses on wireless telecommunications services accounted for nearly one-third the corporate bill for telecommunication services in 2005, says a new market research report from Insight Research. By the close of 2005, total US business spending on telecommunications services reached just over $132 billion, and by 2010 business spending is forecasted to grow to nearly $150 billion, according to the new research study.

deverus Meets Growing Employer Demand through Expansion of State-of-the Art Background Check Services

AUSTIN, TX – Mar. 15 (SEND2PRESS NEWSWIRE) — deverus is a service company that helps emerging background-check companies to diversify, compete and grow, using the latest technology and business process expertise.

Churros! Churros! Exquisite Comfort Food Sweetens American Taste Buds

SAN RAFAEL, CA – Mar. 13 (SEND2PRESS NEWSWIRE) — For Melanie Farkas, co-founder of Churro Station(R), it was love at first bite! Experiencing the delicious taste of the artfully made, hot and crunchy churro, changed her life forever. Since that day in the early 1980’s she became a fan of the churro, a strip of dough covered in sugar and cinnamon, that is the staple comfort food for much of Latin America; sometimes combined with hot chocolate to hit the spot.

Target Awards Artitalia Vendor Award of Excellence for 2005

MINNEAPOLIS, MN – Mar. 7 (SEND2PRESS NEWSWIRE) — It was with great honor that Artitalia Group accepted Target’s 2005 Vendor Award of Excellence. This award was presented to Artitalia by the Target Fixture Procurement team in recognition of Artitalia Group’s commitment to innovative leadership, superior business practices and Target’s core strategies of Differentiation, Value, and Reliability.

InSciTek Secures $2 Million in Additional Funding from Enhanced Capital Partners LLC

FAIRPORT, NY – Feb. 28 (SEND2PRESS NEWSWIRE) — Further demonstrating its emerging leadership in the Voice over Internet Protocol (VoIP) marketplace, InSciTek Microsystems Inc. (www.inscitek.com) announced today that it has received a $2 million investment from Enhanced Capital Partners LLC.

PreViser and OralCare Corporation Partner in Japan to Provide Oral Disease Risk Assessment

MOUNT VERNON, WA – Feb. 27 (SEND2PRESS NEWSWIRE) — PreViser Corporation, a Washington State-based provider of patented oral disease and risk assessment software technology to the dental industry, announced today the finalization of a licensing agreement with OralCare Corporation of Tokyo, Japan to market PreViser technology to dentists within Japan.

As Enterprise Network Complexity Rises, Outsourcing to a Managed Service Provider Increases Savings, Says Insight Research

BOONTON, NJ – Feb. 24 (SEND2PRESS NEWSWIRE) — The U.S. managed services market will grow at a compounded rate of 22 percent over the next five years due to growth in all segments of the managed services value chain, says a new market study from Insight Research. In today’s sophisticated communications environment, it is the managed service providers that are in the best position to assist the enterprise customer as the promise of new IP capabilities greatly increases management complexity. Thus, revenues associated with the managed services market will grow from $34 billion in 2006 to nearly $94 billion in 2011.