Public Companies News - Page 7

Page 7 of Public Companies News issued by the Send2Press® Newswire service.



Prime Companies, Inc. Successfully Consummates the Purchase and Acquisition of Certain Dental Insite, LLC Assets

YUBA CITY, Calif. – Nov. 1 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC: PRMC / PRMC.pk) announces that it has executed and consummated the purchase of certain strategic assets from Dental Insite, LLC, including Dental Insite source code, all its rights and its customer base.

Prime Companies, Inc. Successfully Consummates the Purchase and Acquisition of Certain Computer Resource Technologies, Inc. Strategic Business Assets Including Its Customer Base

YUBA CITY, Calif. – Oct. 25 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC: PRMC / PRMC.pk) announces that it has executed a binding agreement; and has consummated the purchase of certain strategic assets including the customer base from Computer Resource Technologies, Inc. (CRT). Computer Resource Technologies, Inc. (CRT) is a fast growing hardware and software company currently serving the Dental and Medical industries in Colorado and the Midwest.

Prime Companies, Inc. Successfully Obtains Relief from a Guarantor Position, Enhances Balance Sheet

YUBA CITY, Calif. – Oct. 18 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC Pink Sheets: PRMC / PRMC.pk) announces that it has entered into an agreement with The Rural Utilities Service, a branch of the U.S. Department of Agriculture to retire a certain loan obtained by its subsidiary LMDS Communications, Inc. and therefore relinquishing itself of its position of guarantor on said defaulted loan.

The Board of Directors of Prime Companies, Inc. Allow for Further Enhancement of Prime’s Balance Sheet by Approving a Plan to Convert Insider Debt into Equity

YUBA CITY, Calif. – Oct. 11 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC: PRMC / PRMC.PK) announces that it has entered into an agreement with its officers and an “insider” to convert debt into equity and therefore further enhancing its balance sheet. By virtue of the agreement, Prime Companies, Inc. realizes the benefit of relieving itself of over $1,200,000 in debt.

Prime Companies, Inc. Enhances its Balance Sheet by Successfully Obtaining Relief From a Guarantor Position in a Certain Loan Obtained by its Subsidiary LMDS Communications, Inc.

YUBA CITY, Calif. – Oct. 5 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC: PRMC / PRMC.PK) announces that it has entered into an agreement with the Rural Utilities Service, a branch of the U. S. Department of Agriculture to retire a certain loan obtained by its subsidiary LMDS Communications, Inc. and therefore relinquishing itself of its position of guarantor on said defaulted loan. By virtue of the agreement, Prime Companies, Inc. realizes the benefit of relieving itself of over $2,100,000 in debt. This allows for a balance sheet enhancement furthering the opportunity for Prime Companies, Inc. to raise the necessary capital to allow it to move forward in the aggressive implementation of its business plan.

Engineering Evaluation and Testing Completed – Follow-On Product Identified

SOLANA BEACH, CA – June 29 (SEND2PRESS NEWSWIRE) — Armor Electric Inc. (OTC BB: ARME) is pleased to announce that the engineering evaluation and testing phase of the electric propulsion system for the ‘Mexico City Three Wheel Taxi Cab’ project has been successfully completed. The Mexico City management group plans to conduct the final visual inspection, design buyoff, and final testing during the first week of July at the Las Vegas design and testing facility.

TeamF1 and AMCC Expand Support for Advanced Wireless and Security Solutions

FREMONT, CA – June 5 (SEND2PRESS NEWSWIRE) — TeamF1, Inc., the high-performance embedded networking and security software company, and Applied Micro Circuits Corp. (AMCC) (NASDAQ: AMCC), a leading vendor of embedded PowerPC(r) and network processors today announced expanded support of TeamF1’s secure networking solutions on AMCC’s PowerPC family of highly integrated embedded microprocessors.

Prototype Units Ready for Shipment

SOLANA BEACH, CA – May 11 (SEND2PRESS NEWSWIRE) — Armor Electric Inc., (OTC Bulletin Board ARME / ARME.ob) announces the first delivery of the frames and bodies from Hero Manufacturing in India for the Mexico pedi-cab contract. The units will be delivered to the Armor Las Vegas facility via air freight during the week of May 15th. Armor and Hero engineers together recently incorporated specific enhancements to the design of the front forks and the frame to better accommodate the power from the electric propulsion system.

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.

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.

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.

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.

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.

Armor Electric Announces Prototype Delivery for Mexico Contract

SOLANA BEACH, CA – Feb. 22 (SEND2PRESS NEWSWIRE) — Armor Electric Inc. (OTC Bulletin Board: ARME) wishes to announce that Majestic Auto Ltd., a division of Hero Motors of India, has completed the engineering and manufacturing of the test model three wheel electric powered taxi cabs to be delivered to the taxi cab company in Mexico City for the Joint Venture Group.

Nano Superlattice Technology Inc. Nano-Coating Passes Preliminary Testing by Chi Mei Optoelectronics and Procures Initial Trial Order

TAIPEI, Taiwan – Feb. 1 (SEND2PRESS NEWSWIRE) — Nano Superlattice Technology Inc. (hereinafter “Nano”) (OTC Bulletin Board: NSLT), a company engaged in the coating of tools and components with nano structured PVD coatings for the semiconductor, precision machinery and telecommunication industries, announced today that its PVD coatings have passed initial qualifying tests and examinations by Chi Mei Optoelectronics Corp. and has received a preliminary trial order for the coating of two industrial components.

Armor Electric Inc Announces Contract With Mexico

SOLANA BEACH, CA – Jan. 31 (SEND2PRESS NEWSWIRE) — Armor Electric Inc. (OTCBB: ARME) is pleased to announce additional information regarding the company’s Joint Venture Agreement with NuPow’r LLC to provide ‘electric propulsion systems’ for electric powered vehicles. Under this agreement, existing and future contracts for the production of 2, 3 and 4 wheeled ‘electric propulsion systems’ (EPS), will be transferred to an operational Joint Venture.

Armor Electric, Inc. Announces a Joint Venture Agreement with Nu Pow’r LLC

SOLANA BEACH, CA – Jan. 25 (SEND2PRESS NEWSWIRE) — ARMOR ELECTRIC INC. (OTCBB ARME) is pleased to announce the company has signed a Joint Venture Agreement with NU POW’R LLC to provide the technology and production of ‘electric propulsion systems’ for two, three and four wheel electric powered vehicles and other electrically propelled products.

City Network, Inc. Announces Revised Financial Results For The Fiscal Year Ended December 31, 2004

TAIPEI, Taiwan – Dec. 20 (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 that it will be revising its financial statements for the fiscal year ended December 31, 2004 and amending and restating its annual report on Form 10-KSB on file with the Securities and Exchange Commission.

NRG Resources, Inc. Acquires Real Estate in Victorville California to Build Bio Diesel and Synthetic Fuel Plant

SANTA ANA, CA – Nov. 8 (SEND2PRESS NEWSWIRE) — NRG Resources, Inc. (OTC Pink Sheets: NRRI), an independent oil and oil products company, today reported that it has completed a strategic acquisition of approximately 3.8 acres of real property in Victorville, California, with the objective of building a bio-diesel and synthetic fuel blending facility.

Turan Petroleum, Inc. Engages Consultants and Legal Advisors

SANTA ANA, Calif. – Oct. 17 (SEND2PRESS NEWSWIRE) — Turan Petroleum, Inc. (OTC Pink Sheets: TURP / TURP.pk), an independent oil and gas exploration company, today announced that it has retained the law firm of Greenberg Traurig, LLP to provide legal services and advice related to Turan Petroleum’s operations. Turan Petroleum has also engaged a Canadian geological consulting firm, LIB Consultants, Ltd, and a Kazakhstan based geological consulting firm, TOO KazMunai GeoServices, (engaged directly by TOO Turan EnerPetroleum, Turan Petroleum’s wholly owned Kazakstan based subsidiary) to assist with ongoing analysis of existing geological studies, assure government compliance and provide for timely satisfaction of reporting requirements.

City Network, Inc. Announces Revised Financial Results for The Fiscal Quarters Ended March 31, 2005 And June 30, 2005

TAIPEI, Taiwan – September 30 (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 that it will be revising its financial statements for the fiscal quarters ended March 31, 2005 and June 30, 2005 and amending and restating its quarterly reports on Form 10-QSB on file with the Securities and Exchange Commission for each of such quarters.

Sports-Stuff Announces Management and Business Update

SEATTLE, Wash. – September 26 (SEND2PRESS NEWSWIRE) — Sports-Stuff.com Inc. (OTC Pink Sheets: SSUF) is pleased to announce its new president, Mr. Kevin Day, effective immediately. A complete management team is being assembled and will be announced over the coming weeks.

Leatt Corporation Announces Motorsport South Africa Endorsement

CAPE TOWN, South Africa – September 8 (SEND2PRESS NEWSWIRE) – Leatt Corporation (OTC Pink Sheets LEAT / LEAT.pk), a Nevada Corporation headquartered in Cape Town, South Africa, that develops, sells and distributes the Leatt-Brace(tm), a Prophylactic Neck Brace System designed to prevent potentially devastating motor sport injuries to the cervical spine (neck), today announced that use of the Leatt-Brace(tm) has been endorsed by Motorsport South Africa (MSA).

City Network, Inc. Announces Definitive Agreements for Financing

TAIPEI, Taiwan – August 19 (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 today that it has entered a securities purchase agreement to sell to a United States accredited investor two secured convertible notes, each in $125,000 principal amount, maturing six months from their respective dates of issuance.

Capital Hill: Toiyabe Peaks Uranium Project

DENVER, Colo. – July 8 (SEND2PRESS NEWSWIRE) — Capital Hill Gold, Inc. (OTC BB: CHGI) reports that the Company has acquired a 100% interest in the Toiyabe Peaks Uranium project. The Toiyabe Peaks project covers sixty-two unpatented lode-mining claims (approximately 1,240 acres) on Federal lands administered by the Bureau of Land Management (“BLM”).

Major Theme Parks and Attractions Sign Up with Cygnus, America Online ‘eTicketing’ Service

ORLANDO, Fla. – May 31 (SEND2PRESS NEWSWIRE) — Cygnus eTransactions Group, Inc. (OTC Bulletin Board: CYGT) today announced that major theme parks, water parks and attractions have signed up to provide eTicket sales through AOL(R) CityGuide, a leading provider of local entertainment information online, available free on the Web at aolcityguide.com.

Capital Hill Declares Stock Dividend

DENVER, Colo. – May 25 (SEND2PRESS NEWSWIRE) — Capital Hill Gold, Inc. (OTC BB: CHGI) announces a stock dividend on its common stock for shareholders of record at the close of business on May 31, 2005. Each holder of one share of Capital Hill Gold on the record date shall be entitled to receive three (3) additional shares of common stock. For example, if a holder owns a round lot of 100 shares he or she shall receive 300 additional shares. The payment date for the common stock dividend is set for June 7, 2005.

Nano Superlattice Technology Announces Completion of Nano-coating Mass Production Machinery

TAIPEI, Taiwan – May 4 (SEND2PRESS NEWSWIRE) — Nano Superlattice Technology Inc. (OTC BB: NSLT), a company engaged in the coating of tools and components with nano structured PVD coatings for the semiconductor, precision machinery and telecommunication industries, announced today the completion of the installation of Nano’s newest set of production machinery. The completion of the design and construction of this nano-coating machine is unique and represents the culmination of years of proprietary technology and scientific breakthrough by Nano’s research and development team led by Professor Dr. Wolf-Dieter Munz.

City Network Announces Purchase Order from Europe’s MCA Technology Inc. for Shipment of New MP3 Product Line

TAIPEI, Taiwan – May 4 (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, today announced the expansion of the company’s marketing initiative in Europe. To accompany the growth in consumers 3C products demand, City Network is aggressively concentrating on the marketing and distribution of products in this trend. Recently, City Network received an official purchase order from MCA Technology Inc. for a version of its MP3 product line.

Visual Frontier Announces Agreement to Supply Slim CD-RW & DVD Combo Drive Product to Germany’s Eurobizz

TAIPEI, Taiwan /Send2Press Newswire/ — Visual Frontier Inc. (OTCBB: VFTR) announced today that it has agreed to terms with Eurobizz Marketing of Germany to distribute products to France. According to the agreement, Visual Frontier will supply various products to Eurobizz including a version of the slim CD-RW & DVD combo drive product line and also the Micro Drive (1-inch hard drive) which will be distributed under the brand names of Eurobizz’s customer(s) in France. These products will primarily be used to develop the notebook computer and retail consumer markets.

Visual Frontier Announces New Contract To Supply ‘Hot Swapper’ Product To Japan’s Third Wave Corporation

TAIPEI, Taiwan /Send2Press Newswire/ — Visual Frontier Inc. (OTCBB: VFTR) announced that it has signed a contract with Japanese electronics dealer Third Wave Corporation of Japan. Under the terms of the agreement, Visual Frontier will supply various products including a variation of the special ‘Hot Swapper’ product and also the Micro Drive (1-inch hard drive) to be distributed to customers throughout the Japanese market. The products are to be sold under brand names of Third Wave to its customers.

CSIRO Forms Alliance With Australian Thermal Desalination Company

STAPLYTON, Australia /Send2Press Newswire/ — CSIRO, Australia’s top scientific research organization has formed an alliance with thermal desalination specialist, Aqua Dyne Inc. (OTC:BB AQDY) to conduct research into water purification and water remediation, which will initially focus on the use of solar energy for water desalination.

Visual Frontier Announces New Contract to Supply HDD Storage Products to MRT Communication

TAIPEI, Taiwan /Send2Press Newswire/ — Visual Frontier Inc. (OTC BB: VFTR) announced that it has signed a contract with Taiwanese electronics dealer MRT Communication Ltd. (www.mrt-communication.com) to supply various hard disk enclosure products to be distributed to customers in Taiwan, the United States and Germany. Under the agreement Visual Frontier will provide 3.5 and 2.5-inch HDD (USB 2.0 and 1394 interfaces) to be sold under various brand names through MRT Communication and its customers worldwide.

Tekron, Inc. Announces Plan to Convert Major Canadian Dairy Farm into Self-Sufficient Energy Park

FORT LAUDERDALE, Fla. and ONTARIO, Canada /Send2Press Newswire/ — Tekron, Inc. (OTC BB: TKRN) today announced that it is in the final stages of developing a plan to process dairy waste from several major Ontario farms into energy. A key component to the plan would be the potential to create an energy self-sufficient dairy farm. While working with Transdynamics Engineering Limited, a Canadian-based designer and manufacturer of waste recycling and handling equipment for more than two decades, Tekron plans on submitting the completed proposal in early 2005.