Finance News - Page 98

Page 98 of Finance News issued by the Send2Press® Newswire service.



Telesoft Helps Companies Comply with Sarbanes-Oxley

PHOENIX, Ariz. – Jan. 30 (SEND2PRESS NEWSWIRE) — Telesoft Corporation, the leading provider of Expense Management Solutions for enterprise, has announced a new release with TeleSOX features specifically designed to aid companies in meeting Sarbanes-Oxley reporting requirements.

TAX ALERT: Remember Your Deduction for Long Term Care Insurance Premiums

KIRKLAND, Wash. – Jan. 29 (SEND2PRESS NEWSWIRE) — As April 15 nears, tax-time frowns may be accompanied by smiles for many aging Americans. Deductible amounts for long term care insurance premiums are going up. For the 2006 tax year they’re higher than in 2005; and for 2007, they’ll be even higher. ‘Be sure to claim your deduction if you qualify,’ says Cameron Truesdell, CEO of LTC Financial Partners LLC, the nation’s most experienced long term care insurance brokerage.

Convexity Capital Management Leverages CorrectNet’s Expertise

NEW YORK, N.Y. – Jan. 22 (SEND2PRESS NEWSWIRE) — CorrectNet, Inc. today announced that Convexity Capital Management LP has completed the launch of a new investor reporting application powered by the industry leading infiPOINT(TM) platform. The application enables Convexity to deliver account statements, reports and fund level documents to investors in Convexity-managed funds.

GeckoSystems UK Ltd. Created to Target UK Security Markets with Mobile Robot Solutions

ATLANTA, Ga. – Jan. 11 (SEND2PRESS NEWSWIRE) — GeckoSystems, Inc. (OTC PK: GKSY / GKSY.pk) announced today the formation and opening of its new UK office located in greater London, England. The new subsidiary, GeckoSystems UK Ltd., will be responsible for manufacturing, sales, and support in the commercial security and defense marketplaces.

Customers Rate Advantax(R)

ST. CHARLES, Ill. – Jan. 3 (SEND2PRESS NEWSWIRE) — David LeVan, President of Advantax(R) Group, LLC, announced today the results of its 2006 year end customer performance survey. The anonymous, third party survey examines performance areas such as honesty and ethics, responsiveness, accuracy and reliability, and industry knowledge, all areas identified as important to property tax customers.

Congress Supports Long Term Care Through Expanded Health Savings Accounts

KIRKLAND, Wash. – Dec. 19 (SEND2PRESS NEWSWIRE) — Before adjourning on the 9th, Congress passed the Tax Relief and Health Care Act (H.R. 6111), which expands the sources and amounts that may be contributed to Health Savings Accounts (HSA’s). This is good news for those seeking long term care protection but unsure how to finance it, according to LTC Financial Partners, the nation’s most experienced long term care insurance brokerage.

Agents Keep Flocking to LTC Financial Partners, the Fast-Growing Long Term Care Insurance Brokerage; 239 Have Joined So Far

KIRKLAND, Wash. – Dec. 13 (SEND2PRESS NEWSWIRE) — As 77 million soon-to-retire baby boomers promise to explode the long term care industry, one company is exploding already: LTC Financial Partners LLC, the nation’s most experienced long term care insurance brokerage. The firm has grown from 85 agents two years ago to 239 today, an impressive 281% increase.

City Network, Inc. Receives Notice from Amex That It is Not in Compliance with Continued Listing Standards

TAIPEI, Taiwan – Dec. 8 (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 on December 5, 2006, the Company received notice from the American Stock Exchange (Amex) that it is not in compliance with certain Amex continued listing standards.

Duncan Technology Group Completes Reverse Merger with Ascentia Biomedical Corporation

NEW YORK, N.Y. – Dec. 7 (SEND2PRESS NEWSWIRE) — Ascentia Biomedical Corporation (‘Ascentia’) (OTC: ASCE / ASCE.pk) today announced that, effective November 28, 2006, it has completed the acquisition of all the outstanding common stock of Fortress Technology Systems, Inc. (‘Fortress’), pursuant to a share exchange agreement. Ascentia acquired all of the outstanding shares of Fortress common and preferred stock in exchange for 254,531,004 shares of Ascentia common stock and 8,000,000 shares of Ascentia Series A Preferred Stock.

GeckoSystems, Inc. Appoints New Senior Management

WASHINGTON, D.C. – Nov. 30 (SEND2PRESS NEWSWIRE) — GeckoSystems, Inc. (OTC: GKSY / GKSY.pk) is pleased to announce that the Board of Directors has appointed Mr. Neil T. Wallace to the position of Vice President, Legal and Public Affairs. Mr. Wallace holds a J.D. and an economics degree and has held several senior management positions domestically.

City Network, Inc. – Amendment to Press Release dated November 28, 2006

TAIPEI, Taiwan – Nov. 29 (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 on November 22, 2006, the Company received notice from the American Stock Exchange (Amex) that it is not in compliance with certain Amex continued listing standards, as a result of the Company’s failure to file in a timely manner a Form 10-QSB for the quarter ended September 30, 2006.

City Network, Inc. Receives Notice from Amex That It is Not in Compliance with Continued Listing Standards

TAIPEI, Taiwan, Nov. 28 (SEND2PRESS NEWSWIRE) — City Network, Inc. (AMEX: CSN) announced that on November 22, 2006 the Company received notice from the American Stock Exchange (‘Amex’) that it is not in compliance with certain Amex continued listing standards, as a result of the Company’s failure to file in a timely manner a Form 10-QSB for the year ended September 30, 2006.

GeckoSystems, Inc. Appoints New Board Member

WASHINGTON, D.C., Nov. 28 (SEND2PRESS NEWSWIRE) — GeckoSystems, Inc. (OTC: GKSY / GKSY.pk) is pleased to announce that the Company has appointed Mr. George MacLeod to the GeckoSystems Board of Directors. Mr. MacLeod will also continue in his position as Senior Vice President of Business Development of the company. GeckoSystems, Inc. provides practical mobile robot solutions for safety, security, and service(TM) in all types of industries.

TAX ALERT: A Big Deduction Many Taxpayers Miss, Cost of Long Term Care Insurance

KIRKLAND, Wash. – Nov. 16 (SEND2PRESS NEWSWIRE) — As the end of the tax year approaches, millions of Americans may neglect a hefty deduction, the cost of long term care insurance, according to LTC Financial Partners LLC, the nation’s most experienced long term care insurance brokerage.

Prime Companies, Inc. Successfully Negotiates for and Acquires Mount Logic, LLC’s Assets

YUBA CITY, Calif. – Nov 16 (SEND2PRESS NEWSWIRE) — Prime Companies, Inc. (OTC: PRMC / PRMC.pk) announces that it has executed an agreement and has consummated the purchase of certain strategic assets from Mount Logic, LLC, including Mount Logic’s Manufacturing Patents of ergonomic arms and mounts.

Fetter Logic announces ‘Helio’ – a Comprehensive Data Aggregation Solution with Unparalleled Data Quality

DENVER, Colo. – Nov. 14 (SEND2PRESS NEWSWIRE) — Fetter Logic, Inc., the premier full service provider of advanced data and information management solutions for the financial services industry, today announced the availability of Helio – a comprehensive data aggregation solution with unparalleled data quality. Helio is the first financial services solution that promptly and accurately integrates all forms of data including direct mutual funds, annuities, one or more clearing firms, proprietary firm assets and creates intelligent information for the user.

Universal Accounting’s Tax Education Approved by California

SALT LAKE CITY, Utah – Nov. 8 (SEND2PRESS NEWSWIRE) — Universal Accounting Center (UAC), the leader in small business tax training has been approved by the California Tax Education Council (CTEC) to offer the Professional Tax Preparer Program (PTP) as a distance learning course in the state of California. UAC’s recognition from CTEC authenticates the PTP course, showing it is within the ‘standards, guidelines and procedures’ of instruction specific to California tax laws.

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.

CorrectNet Launches ‘Out-of-the-Box’ Reporting Solution for Hedge Fund and Investment Managers

NEW YORK, N.Y. – Oct. 25 (SEND2PRESS NEWSWIRE) — CorrectNet, Inc., the leader in customized reporting solutions for the asset management industry, today announced the release of ASPire(TM) (ASP-Investor Reporting Extranet), a new product targeted specifically at solving the reporting challenges faced by the Hedge Fund and Investment Manager community.

Long Term Care Could Surpass Childcare as Challenge for American Business

KIRKLAND, Wash. – Oct. 22 (SEND2PRESS NEWSWIRE) — Long term care is starting to rival childcare as a problem affecting the business focus of American employees, according to LTC Financial Partners LLC, the nation’s most experienced long term care insurance brokerage. As the American workforce ages, more employees may be called away to tend to an incapacitated adult than a needy child.

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.

Fetter Logic and Advisors Clearing Network Announce Agreement – Combined Solution Fills Several Gaps

DENVER, Colo. – Oct. 17 (SEND2PRESS NEWSWIRE) — Fetter Logic, Inc., the premier full service provider of advanced data and information management solutions to the financial services industry announced today that it has entered into an agreement to assume all aspects of sales and operations for Advisors Clearing Network, Inc. (ACN).

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.

‘Boot the Democrats Out!’ Says Tax Expert and Reformer Giving Major Reasons Why

TALLAHASSEE, Fla. – Oct. 3 (SEND2PRESS NEWSWIRE) — According to tax expert John C. Garrison: Like a reflex reaction, it seems natural for people quickly to associate our dreaded income tax with the I.R.S. But a new book by Garrison seeks to turn this focus instead on Congress and the Democratic Party. It is Congress, after all, with Democrats as originators and chief defenders of the system, who since 1913 are responsible for whatever is wrong or dreadful with our current form of income tax since it was Congress, with Democrats leading the charge, who in 1913 created our income tax in the form it stands today.

Long Term Care Insurance Agents Become Educators, A New Trend

KIRKLAND, Wash. – Sept. 15 (SEND2PRESS NEWSWIRE) — Most people hate sales pressure, especially from the likes of insurance company representatives. And for complex decisions like selecting a long term care policy, ‘People need lots of information and time to consider the facts,’ says Cameron Truesdell, CEO of LTC Financial Partners, LLC, the nation’s most experienced long term care insurance brokerage.

Long Term Care Resources Introduces New Long Term Care Planning Kit for Attorneys

DETROIT, Mich. – Sept. 5 (SEND2PRESS NEWSWIRE) — Long Term Care Resources (LTCR), the national leader in marketing LTC insurance through affinity groups, and the American Bar Insurance Plans (ABI), has developed a new, comprehensive, long term care planning kit for attorneys.

Implementation Solutions Proudly Unveils Their New Website

NEW YORK, NY – Aug. 15 (SEND2PRESS NEWSWIRE) — Implementation Solutions LLC (www.impsolu.com), a financial services technology consulting firm headquartered in Manhattan that services global investment management firms unveiled their new and expanded website today.

How to Pick a Long Term Care Insurance Agent; Six Questions to Identify a Real Pro

KIRKLAND, WA – Aug. 8 (SEND2PRESS NEWSWIRE) — People seeking long term care insurance should buy it through an independent agent. That’s what most experts advise. But there’s a problem. ‘How do you find the right agent?’ says Cameron Truesdell, CEO of LTC Financial Partners, the nation’s most experienced long term care insurance brokerage.

Tevora Business Solutions Announces Elite Visa QDSC Certification to Perform Security Audits

LOS ANGELES, CA – Aug. 3 (SEND2PRESS NEWSWIRE) — Tevora Business Solutions, Inc., a leading IT security consulting firm, announced today their recent certification as a Qualified Data Security Company (QDSC). The QDSC certification by Visa authorizes Tevora to perform level-one onsite assessments for merchants and service providers requiring a Report on Compliance (ROC).

Implementation Solutions Celebrates its Newest Office

NEW YORK, NY – July 31 (SEND2PRESS NEWSWIRE) — Implementation Solutions LLC, a technology consulting firm that services global investment management customers, announced today that it has opened its seventh presence. This time in Sarasota, Florida.

Quiz on Long Term Care Risk Factors From LTC Financial Partners

KIRKLAND, WA – July 31 (SEND2PRESS NEWSWIRE) — As 78 million baby boomers approach retirement age, the majority lack long term care insurance. If you’re among them, do you know the danger you face? Take the five-question quiz, below. It’s from LTC Financial Partners, the nation’s most experienced long term care insurance brokerage.

New Electronic Loan Marketplace Community Created to Help Mortgage Brokers

NEW YORK, NY – July 27 (SEND2PRESS NEWSWIRE) — Mortgage brokers now have free access to dCifer(TM), a new web-based marketplace that connects mortgage brokers with lenders, vendors and customers. dCifer also offers its members FREE consumer leads through its dCifer Retail initiatives with companies throughout the U.S.

Fewer Home Equity Loans More 401k Loans

ALEXANDRIA, VA – July 26 (SEND2PRESS NEWSWIRE) — The slumping housing market has reduced the use of home equity as a source of personal loans. Home equity loans fell by $900 million the week ending June 28, reports the Federal Reserve. Individuals looking for money are increasingly pursuing other options such as the 401k loan according to Daniel Lamaute, retirement plan specialist at Lamaute Capital, Inc.

Three Ways to Simplify Long Term Care Insurance Choice – from LTC Financial Partners: Answers to Mind-Boggling Complexity

KIRKLAND, WA – July 25 (SEND2PRESS NEWSWIRE) — Why don’t more Americans buy long term care insurance? Decision paralysis. This is the conclusion of a study commissioned by the AARP Public Policy Institute. People throw up their hands and do nothing when faced with complexity that confounds even the experts: myriad policy choices from dozens of carriers that use different terms and definitions; regulations that vary from state to state; and price quotes that map poorly to benefit amounts, waiting periods, deductibles, duration of benefits, possible rate hikes, and inflation protection.

National Association of Loan Officers Meets With HUD to Advocate Licensing for Loan Officers

TALLAHASSEE, FL – July 11 (SEND2PRESS NEWSWIRE) — A delegation from the National Association of Responsible Loan Officers (NARLO), the trade association of mortgage loan originators, visited with lawmakers in Washington, D.C., to discuss loan officer issues on June 28. NARLO was represented by Ella Gurfinkel of Executive Financial Solutions Inc., Portland Ore.; Christopher Cruise, Baltimore, Md.; and Robert Skrob, NARLO executive director.

The Credit Professor Provides Credit and Money-Management Strategies through Education and Empowerment

DENVER, CO – July 7 (SEND2PRESS NEWSWIRE) — The credit rules have changed; bad credit used to simply mean paying higher interest rates on loans, but not anymore. Now, that same three digit number determines employment eligibility, insurance rates and more. The Credit Professor offers free classes that teach people about these changes and how to achieve excellent credit and advance investment strategies.

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.

Long Term Care Experts on Call; Army of 200 Will Help Companies Help Aging Employees

KIRKLAND, WA – June 29 (SEND2PRESS NEWSWIRE) — As the American workforce ages, employees need a new health benefit: long term care insurance. But with benefits budgets already stretched, few companies can afford it. Now there’s a solution, an educational program from LTC Financial Partners, the nation’s most experienced long term care insurance brokerage. The program costs the employer nothing while helping employees get the protection they and their families need.