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Mon, 2009-01-05 09:08
EcoSystem Corporation Appoints Glen Courtright President and Chief Executive Officer
Last update: 10:33 a.m. EST Dec. 19, 2008
NEW YORK, Dec 19, 2008 (BUSINESS WIRE) -- EcoSystem Corporation is pleased to announce the appointment of Glen Courtright as President and Chief Executive Officer.
Mr. Courtright has over 25 years industry experience with a proven track record in the development, commercialization, implementation and management of new technologies in the energy, oil and gas and telecommunications sectors. Mr. Courtright conceived and commercialized innovative technologies that integrated telecommunications and sensor technology to solve critical process control problems. Examples of Mr. Courtright's solutions include instrumentation and data mining systems for hybrid electric power generation systems, development of automated telematics solutions for the automotive industry, remote asset management and security systems for hazardous material transport, efficient and cost effective solutions for regional biofuel production, and remote sensing and control systems for petroleum distribution.
"EcoSystem's innovative approach to resource management is unorthodox but amazingly practical," said Glen Courtright, EcoSystem's new President and Chief Executive Officer. "EcoSystem is developing engineered ecosystems that are specifically designed to apply various biological solutions that already exist in nature to some of the most costly and difficult of our environmental challenges. This is exciting and timely work and I am looking forward to leading EcoSystem as we build value for our shareholders and work to protect our environment."
Detailed information regarding EcoSystem's bioreactor technologies, development plans and business model will be made available early next year at www.eco-system.com.
Prior to joining EcoSystem, Mr. Courtright was President of CTS Corporation from 2007 to 2008, where he provided engineering and management services to the renewable energy, petroleum, telecommunications, and automotive industries. From 1997 to 2007, Mr. Courtright was Vice President at Science Applications International Corporation (SAIC) where he provided strategic leadership for technology development for Fortune 50 customers in the automotive, energy, and telecommunications. Mr. Courtright also has military experience as an officer in the United States Navy.
Mon, 2009-01-05 09:07
Nuclear Solutions, Inc. Receives Patent Office Notice of Allowance for Additional Patents Related to Patented Shielded Nuclear Weapon Detection Technology
Last update: 8:35 p.m. EST Dec. 18, 2008
WASHINGTON, DC, Dec 18, 2008 (MARKET WIRE via COMTEX) -- Nuclear Solutions, Inc. announced today that it received "Notice Of Allowance" from the United States Patent and Trademark Office for new patented technology intended for detection of shielded nuclear weapons.
A Notice of Allowance generally completes the substantive examination of a patent application. Following a Notice of Allowance, the normal process which results in final issuance of a United States patent involves several administrative steps, including fee-payment, that are typically completed following issuance of this notice.
The newly allowed patents, first published as U.S. Patent Application Publication Numbers 20060082765, titled "Specific Density Detector" and 20060082788, titled "Specific density detector and optical multiplexer improvement" on April 20, 2006 are expected to issue in 2009.
The company's first patent on this technology, titled "Specific density detector with electro mechanical actuator and improved mirror" USP #7,298,469 was issued on November 20, 2007. Once the recently allowed patents are issued, the company's technology portfolio related to shielded nuclear weapon detection will span 3 issued U.S. patents with additional patents pending.
The patented technology pertains to a detection technique based on the known phenomenon of semiconductor laser mode hopping, triggered by the gravitational interaction with high specific density nuclear materials.
Mon, 2008-12-15 11:16
Phantom Entertainment Launches Highly Anticipated Game Store; Company Secures Funding for Innovative Lapboard Production
PR Newswire
10:00 AM ET
Phantom Entertainment today launched its highly anticipated online game store, located at gamestore.phantom.net. The game store features an impressive catalog of over 2,600 PC games including top sellers like Fallout 3 and Far Cry 2. The store allows for outright purchasing of video games or try before you buy, and features level 4 merchant abilities. It uses a highly advanced content licensing management system to track all games purchased, so once a game is paid for and downloaded, the user owns the license forever and can return to re-download the game in the future without incurring additional cost.
(Photo:
http://www.newscom.com/cgi-bin/prnh/20081215/NEM037 )
This is all made possible by a strategic partnership with GameStreamer, Inc. and their Enterprise Class Gaming Network built on top of Savvis Communications Tier 1 backbone and data centers. GameStreamer is diligently working on implementing technology to enhance its offering and providing unparalleled service to its users. Some of the enhancements will include a streaming system, subscription support, rentals, timed trials and complete automations with its content and distribution partners.
Phantom Entertainment is also announcing today that they have secured financing and have placed an order with its contract manufacturer to mass manufacture the Phantom Lapboard. The units will b e arriving in January and be available for purchase on the Phantom.net website. Phantom Entertainment has been working diligently to address the needs and concerns of large big box retailers and OEM manufacturers to deliver upon their expectations of building an order history. The Lapboard is positioned to be the selection of choice for the evolving market for digital media centers, set-top boxes and devices in the living room or automobiles. Phantom Entertainment's mission is to deliver our lapboards with the highest quality and customer satisfaction.
Phantom Entertainment shipped its first small order of lapboards last quarter and has made many improvements. The company "upgraded" the laser mouse and internal component hardware and is ready for retail and OEM distribution. Th e company has opened up a warehouse, logistics and distribution facility in St. Louis, Missouri and has worked out a system to ensure units are on hand to facilitate the demand.
The Phantom(R) Lapboard is a combination wireless keyboard, laser mouse and hard surface that makes it easy for you to work or play games from your couch, easy chair or any comfortable setting in your home or workplace. The Lapboard includes wireless technology, ergonomic design, one-touch features, and a wireless laser mouse. Its innovative design features a keyboard that rotates 360-degrees to accommodate left or right-handed users and inclines on a 22-degree angle with a hard surface below for the Phantom Laser Mouse. The Lapboard's interchangeable key-face technology is designed for game-specific an d business software applications for PC or Apple Mac platforms.
As a special promotion to promote the launch of the Phantom game store and availability of the Phantom Lapboard, Phantom Entertainment will be offering the first 100 game store registered users a premium game title for free. Also, anyone who orders the Phantom Lapboard during the month of January will receive a credit to purchase a free casual game title.
Mon, 2008-12-15 10:28
JACKSONVILLE, NY, Dec 15, 2008 (MARKET WIRE via COMTEX) -- Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC) announced today that it has completed the distribution of 44,888,834 Restricted Shares (for one year) per the acquisition agreement.
SecureNetView was acquired by Ulysses in a five for one share exchange; with the addition of SecureNetView's 712 shareholders the Company now has a shareholder base of approximately 1000.
The Company's capitalization with this share payment is as follows:
Total Authorized Common Shares: 100,000,000
Total Outstanding Shares: 92,921,624
Total Restricted Shares: 44,888,834
Total Shares In the Company Treasury: 21,200,000
Total Shares In the Public Float: 26,832,790
"I would again like to welcome and thank all of the SecureNetView shareholders for their cooperation and patience during the completion of this share exchange process; I again also would like to thank our Company's transfer agent for their very hard work and assistance in coordinating the share exchange," said Clayton Young, President and CEO.
Wed, 2008-12-10 14:24
W2 Energy Inc. Issues Update on Joint Venture Projects
Last update: 12:39 p.m. EST Dec. 10, 2008
TORONTO, Dec 10, 2008 (MARKET WIRE via COMTEX) -- W2 Energy Inc. (PINKSHEETS: WTWO) is pleased to provide this update on the status of its joint venture projects with both Cobal Chile and Better World Energy.
On July 22, 2008, the Company announced that it had received a purchase order from Combustibles Alternativos (Cobal) Chile for a waste-to-energy plant that they expected to install by the end of 2009. To date, the Company has not received a deposit, and thus has not started to design the plant or recognize any revenue from the project. Cobal has experienced a delay in obtaining the necessary financing for the project.
On July 30, 2008, the Company announced that it had received a purchase order from Better World Energy for a waste-to-energy plant in Thailand. Although the Company issued an invoice to Better World, the Company has not received a deposit, and thus has not started to design the plant or recognize any revenue from the project. Better World has also experienced a delay in obtaining the necessary financing for the project amid the tumultuous political environment in Thailand.
Thu, 2008-11-20 09:03
Ulysses Diversified Holdings Corporation Files for Patents Regarding Certain Unique Technology Developed
Last update: 12:21 a.m. EST Nov. 20, 2008
JACKSONVILLE, NY, Nov 20, 2008 (MARKET WIRE via COMTEX) -- Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC) announced today that it has started the process of patenting certain significant proprietary technology developed by the company's research and development team.
The technology consists of a new video streaming system. The system will be marketed as an ASP (Application Service Provider), providing video streaming hardware that will broadcast live video via wireless cameras to multiple clients simultaneously.
The system features a high quality 25 FPS progressive video feed that will require a very low bandwidth, digital PTZ (Pan Tilt Zoom) operations and minimal instillation requirements, with a 802.11 wireless camera.
SecureNetView has developed this (pending patent) system independent of any outside sources, the company retained several patent attorneys to protect its intellectual property.
The company estimates that it has spent on research, development and perfecting this technology in excess of $2,800,000, this estimate does not include other technology under research and development. The company will announce further research and development advances as they are perfected.
All technology developed by employees and/or contracted individuals or companies for Ulysses Diversified Holdings Corporation or its subsidiaries/affiliates are and will remain the property of the company.
Wed, 2008-11-12 09:49
W2 Energy Inc. to Build Modified Rotary Engine to Run on Steam
Last update: 7:07 a.m. EST Nov. 12, 2008
TORONTO, Nov 12, 2008 (MARKET WIRE via COMTEX) -- W2 Energy Inc. (PINKSHEETS: WTWO), a developer of green energy, is pleased to announce it will build a commercial unit of its rotary hydrogen engine to run on steam. The engine based on US patent number 5,720,251 is being modified to run on low pressure steam recovered from W2 Energy's biomass to liquid fuel plants. The company will also couple the engine to various generators to build a low cost solution to waste heat recovery applications.
"We have developed a unique set of biomass-to-energy technologies. But one of the missing pieces has been efficient production of electricity," says Mike McLaren, CEO of W2 Energy. "Most of the small steam turbines convert approximately 30% of the heat energy into electricity. We thought we could do better. We anticipate 80-90 percent conversion efficiencies with this new turbine."
W2 Energy has developed a biomass-to-energy plant which converts 4 tons per day of tires, municipal solid waste, plastics or coal into a minimum of 420 gallons per day of a blend of liquid hydrocarbons, including ultra low sulphur diesel, gasoline, naptha and industrial waxes.
The first model of W2 Energy's high efficiency steam turbine will be used to power the 4 ton / day plant and to provide electricity to be sold back to the grid, from these 4 ton / day plants. The steam turbine which will mate to the 4 ton / day unit will generate 500 Kw continuous.
"We are not first and foremost a turbine manufacturer. But necessity being the mother of invention, we are developing this new kind of steam turbine so that we can make the best quality biomass-to-energy plant," says Mike McLaren. "In the end, we may be developing a whole new business sector for W2 Energy. That would be fine."
W2 Energy will also be building biomass-to-energy plants in larger sizes, up to 1500 tons per day, and will be developing this ultra-efficient steam turbine design for all of their biomass-to-energy plants.
"We are in the green energy business, and whether we are increasing efficiencies in the biomass reactor, in the gas-to-liquid reactor, or in the steam turbine, we are still fulfilling our mission of producing the cleanest, most efficiently produced energy in the world," says Mike McLaren. "That's what gets us excited."
Tue, 2008-11-11 10:13
Ulysses Diversified Holdings Corporation to Start Mailing Shares of Ulysses to SecureNetView Shareholders per the Acquisition Agreement
Last update: 8:56 a.m. EST Nov. 11, 2008
JACKSONVILLE, NY, Nov 11, 2008 (MARKET WIRE via COMTEX) -- Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC) announced today that it will start the exchange effective immediately of Ulysses shares for those of SecureNetView shareholders this week.
SecureNetView which was acquired by Ulysses in a five for one share exchange will start mailing out the stock certificates immediately, the company realizes that it has taken some time to get this exchange in place and apologizes as it was quite a (hexaflurosilicate)bersome undertaking as there are 712 SecureNetView shareholders.
The share exchange will have no effect on the company's current authorized share structure of (102 Million Total - 100 Million Common and 2 Million Preferred) the new shares being issued for the exchange will be restricted for 1 year from the date of issuance and will not have any immediate impact on the current public float.
Upon the completion of the exchange Ulysses will perform an audit of its complete share structure and as previously announced reduce its authorized share structure by some 20 million or more if possible.
"I would like to Welcome and thank all of the SecureNetView shareholders for their cooperation and patience in this very hectic process; I would also like to thank our company's transfer agent for its very hard work in coordinating the share exchange and the time and effort spent by its staff," said Clayton Young, President and CEO.
Mon, 2008-11-10 14:45
Xechem International, Inc. and Xechem, Inc. Files Chapter 11 to Protect Assets as It Addresses Financial and Legal Challenges
Last update: 12:58 p.m. EST Nov. 10, 2008
EDISON, NJ, Nov 10, 2008 (MARKET WIRE via COMTEX) -- Xechem International, Inc. (PINKSHEETS: XKEM) (the "Company" or "Xechem") announced today, November 10, 2008, that it and one of its subsidiaries, Xechem, Inc., filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Illinois (the "Bankruptcy Court") to suspend all litigation and to restructure its debt. The Company intends to work with all of its constituencies to reach mutually acceptable resolutions and to exit bankruptcy as expeditiously as possible. Xechem's operations are expected to continue as normal throughout the bankruptcy process, while the Company executes on its reorganization plans. Xechem's other subsidiaries are not part of this Chapter 11 filing. Xechem's Nigerian subsidiary, Xechem Pharmaceuticals Nigeria Limited, will continue its normal operations of the manufacturing and sale of NICOSAN(TM), a drug approved for marketing in Nigeria for the management of Sickle Cell Disease.
"As a result of litigation and litigation expenses arising from the law suits of former officers, employees and consultants of the Company, as well as third party lawsuits, and to protect the operations of our Nigerian subsidiary from default judgments and creditors, it became necessary to seek the protection of the Court. We have taken and will continue to take the necessary steps to protect, strengthen and expand our operations in Nigeria," said Dr. Robert Swift, Chief Oversight Officer of Xechem International, Inc. "After careful consideration of all available alternatives, the Company's Board of Directors determined that filing for Chapter 11 was a necessary and prudent step that allows us to operate our business without the threat of litigation that could have impaired or interrupted our Nigerian operation while continuing to implement a debt restructuring in a controlled, Court-supervised environment."
The Company expects to fund ongoing operations including payment of employee wages and benefits and payments to vendors for both goods and services provided during the Chapter 11 case, from available cash, cash generated by its Nigerian subsidiary, sale of assets and if necessary to seek a commitment for debtor-in-possession (DIP) financing. Available cash, cash from operations in Nigeria, sale of assets and the possible DIP financing will be used to fund the Company, subject to court approval, where necessary. In addition, the Company has commenced restructuring discussions with its unsecured creditors for conversion of debt of the Company into equity through a plan of reorganization, which if successful, would result in material deleveraging of the Company's balance sheet.
Dr. Swift continued, "Filing for Chapter 11 is never an easy decision, however, we view this process as an important step in our ongoing strategic restructuring. We expect to emerge from bankruptcy as a stronger, more able company, well positioned for growth and enhanced profitability. We are proud of the progress we have made to commercialize NICOSAN(TM) in Nigeria and look forward to commercializing NICOSAN worldwide."
Xechem has retained Heller, Draper, Hayden, Patrick, & Horn, L.L.C., a bankruptcy and insolvency law firm, to assist the Company throughout the restructuring process.
The Company and its domestic subsidiary have filed their voluntary Chapter 11 petitions in the United States Bankruptcy Court for the Northern District of Illinois. Xechem International, Inc. case has been assigned case number 08-30513 and Xechem, Inc. has been assigned case number 08-30512. Additional information about the restructuring will be made available at the parent Company's website
http://www.xechem.com within the next three weeks.
Mon, 2008-11-10 09:18
W2 Energy Inc. to Market Small Scale Systems
Last update: 6:42 a.m. EST Nov. 10, 2008
TORONTO, Nov 10, 2008 (MARKET WIRE via COMTEX) -- W2 Energy Inc. (PINKSHEETS: WTWO), a green energy company, is pleased to announce it will begin to market small scale biomass-to-energy systems. These new systems will cost $2.25 million, making the system affordable to the average entrepreneur or small to midsized firm.
The small system will process 4 tons of carbon-based material per day and produce 420 gallons of liquid fuel. The liquid fuel will be comprised of high-cetane synthetic diesel, gasoline and industrial waxes.
The system will also generate electricity. The specific electrical output will depend on the feedstock. The unit can convert a variety of feedstock including coal, biomass, municipal solid waste, and sewage sludge and farm waste.
"W2 Energy intends to market our biomass-to-energy plants as a 21st century business opportunity," says Mike McLaren, CEO of W2 Energy. "Our system can process waste, coal or biomass into electricity and the highest quality liquid fuel. The small scale of this plant allows a company or small town to turn their waste or stranded biomass resources into energy and money. We think the demand for these small waste-to-energy plants will be high."
W2 Energy will accept down payments of $500,000 and will help finance the remainder of the purchase price.
The company is also seeking entrepreneurs with long term contracts for municipal solid waste or coal, peat or other biomass.
Thu, 2008-11-06 09:09
W2 Energy Inc. Issues Corporate Status Report
Last update: 6:56 a.m. EST Nov. 6, 2008
TORONTO, Nov 06, 2008 (MARKET WIRE via COMTEX) -- W2 Energy Inc. (PINKSHEETS: WTWO), a developer of green energy, is pleased to issue this corporate status update.
Corporate
On May 8, 2008, the company announced that it expected $5,000,000 dollars in revenue before the year end of 2008. Although its joint venture partners have been making great strides in the development of its projects, to date the projects have not produced any revenue. W2 Energy continues to support and assist its joint venture partners in bringing these projects to fruition. Current economic conditions unfortunately have hindered the projects financially and financing that was previously available has been delayed indefinitely.
OTCBB listing
The company, through its sponsoring market maker, continues to push forward on the application to have its common stock traded on the OTCBB. The application is still in the comment phase.
Biodiesel
On June 30, 2008, the company announced its intention to form a biodiesel subsidiary. To date the company has been in negotiations to secure a site to produce this fuel. The company is also seeking financing for the bio-diesel equipment and is in negotiations with several equipment finance vendors.
Joint Ventures The joint ventures between Cobal Chile of Santiago, Chile and Better World Energy of Bangkok, Thailand are all moving forward, but are all waiting for financing.
Projects
W2 Energy is preparing to embark on an engineering study which will provide conclusive, 3rd party test data on the operation of the pilot unit.
The company will be processing coal, municipal solid waste, tires, plastics and agricultural waste in the pilot unit, then recording the output of electricity and liquid fuels and hydrocarbon products such as synthetic (zero sulfur) diesel, gasoline, Naphtha, and industrial waxes.
Once the study is complete the company will be publicizing these electricity and hydrocarbon output figures so that potential joint venture partners can provide these figures to their project development and financial partners.
These output figures will be available on the W2 Energy website ( www.w2energy.com)
Fri, 2008-10-24 09:24
SecureNetView Launches Its National Sales Team
Last update: 9:04 a.m. EDT Oct. 24, 2008
JACKSONVILLE, NY, Oct 24, 2008 (MARKET WIRE via COMTEX) -- SecureNetView, a wholly owned subsidiary of Ulysses Diversified Holdings Corporation (PINKSHEETS: UDHC), announced today that it has assembled a well established national sales team that will start active operations effective next week.
SecureNetView has meticulously assembled a national sales team of twenty five extremely qualified and experienced sales people selected by Mr. Mike Adler, the national sales manager of SecureNetView. Their focus will be exclusively the day care/nursery school industry at this time.
Mr. Adler is a nationally known and well recognized sales instructor and an accomplished fortune 500 sales manager; he will be personally directing the sales and marketing activities of all SecureNetView sales operations.
"I have personally hand picked each and every one of this sales team's participants and anything less than success would be a reflection of my credentials and accomplishments," said Mr. Adler.
Mr. Adler also stated, "I have been involved with many start-up operations and established operations and in my opinion, given the current security conscience society that we live in, this is one of the best products and service(s) that I have ever been associated with."
Mon, 2008-10-20 10:31
Kerry Associates Inc. Announces Entering into Joint Venture discussions with Great Bay Logistics on behalf of W2 Energy Inc.
Last update: 10:09 a.m. EDT Oct. 20, 2008
BOSTON, Oct 20, 2008 (BUSINESS WIRE) -- Kerry Associates, Inc. is pleased to announce that it has entered into joint venture negotiations with Great Bay Logistics, a Cargo Freight, Logistics and Waste Management company based in Francestown, N.H. on behalf of W2 Energy, Inc. (PINKSHEETS: WTWO). Great Bay Logistics is a prime candidate for a joint venture with W2 Energy and its Plasma Reactor Technology (PRT) with its seasoned network in the waste management industry and facility site in New Hampshire.
W2's PRT, for the conversion of waste into fuel, is one of the world's most efficient renewable energy technologies for the production of diesel and electricity while helping to maintain a clean, safe environment. This technology produces fuel and energy from any solid, non-hazardous, cellulosic waste material and America generates 240 million tons of municipal solid waste (MSW) per year. The carbon in America's available municipal wastes alone is enough to create 16 billion gallons of fuel annually.
Eric Cousens, President of Kerry Associates, stated "We are excited to enter into joint venture negotiations with Great Bay Logistics on behalf of W2 Energy's technology. With W2's PRT, and Great Bay's connections, we can turn the worlds waste, such as used tires, sewer sludge, plastics and other municipal solid wastes, into energy of the future."
Tue, 2008-10-07 08:26
Apple Rush's Garden Distributing, Inc. Appointed by ZizZazZ for Chicago Area Distribution
PR Newswire
12:59 PM ET
Apple Rush (Pink Sheets: APRU) today announced that its Garden Distributing, Inc. division has been appointed to distribute the new ZizZazZ (
http://www.zizzazz.com) powdered energy drink for the Chicago area.
Garden Distributing reported that it has jointly worked with ZizZazZ in developing an extensive promotional and advertising program that includes 70 billboards, targeted radio spots, and an event at the Chicago House of Blues featuring Grammy-Award Winner Nelly.
The Billboards are specifically selected to target a variety of areas throughout the Chicago region (http:/ /www.applerush.com/zizazz.htm). ZizZazZ will be hosting a private party on October 6th at the House of Blues (
http://www.hob.com/venues/clubvenues/chicago/) featuring top recording artists and celebrities for its retailers, distributors and select guests. This promotional program will run in conjunction with the NACS Show which is held in Chicago on October 5-7, 2008 (
http://www.nacsonline.com/NACSShow/Pages/default.aspx). NACS is the international trade association for retailers and suppliers of convenience and other stores.
Robert Corr, President of Garden Distributing, Inc., stated: "We are excited to be selected by ZizZazZ to kick-off the brand in Chicago. We are glad to have the opportunity to work with ZizZazZ in helping it develop a full blown advertising program to ge t its message out touting the great benefits of its product. Garden was selected because we have the ability to target more than 500 of our over 2,000 plus, and growing, retail customers within the Chicago market to get the ball rolling for ZizZazZ."
Mr. Corr also stressed that "we continue to develop Garden's selection of products that will generate strong revenues for this division and believe that lightweight and high margin products like ZizZazZ will be continually popular. Our ability to develop additional brands like this within our distribution channels gives us strong potential for profitable sales, low delivery expense and the backing of companies that have the capital to support their brands. We are truly optimistic on realizing the growth potential we envision in the months ahead."
Tue, 2008-10-07 08:21
ATWEC Technologies Business Updates
Last update: 4:13 p.m. EDT Oct. 1, 2008
MEMPHIS, TN, Oct 01, 2008 (MARKET WIRE via COMTEX) -- ATWEC Technologies (PINKSHEETS: ATWT) provides updates to shareholders regarding current business and upcoming events. In addition the company has begun to disseminate information regarding progress.
-- ATWEC would like to thank the shareholder base for its support
-- ATWEC begins to bring shareholders up on company progress
-- ATWEC has launched a major marketing group to promote the distribution
of the Kiddie Systems products
Alex T. Wiley, President/CEO, would like to extend his utmost appreciation to ATWEC shareholders for their strong commitment to ATWEC. Their support has opened up opportunities to implement new marketing strategies for Kiddie Systems products. With this support promotion and distribution can now take the next steps towards moving forward into a market containing several hundreds of millions of vehicles.
ATWEC is highly committed to clearly distributing news that pertains to the company's status. With every new development, ATWEC will distribute accurate and functional news to its shareholders. Over the last year the company has built itself a base that will launch ATWEC into the future.
"It is the intention of ATWEC to begin bringing the shareholders up to date on the activities of the company over the next several months," said the President/CEO Alex T. Wiley.
ATWEC is proud to announce the creation of a unique marketing group, headed by Timothy Jones. Mr. Jones brings a wealth of experience amongst some of the largest marketing groups across the country. ATWEC's new marketing program is based entirely upon direct sales marketing, allowing every potential customer the opportunity to market and sell Kiddie Systems products.
Tue, 2008-10-07 08:15
Garden Distributing, Inc. Develops New Edge Division to Expand Distribution
PR Newswire
9:00 AM ET
Apple Rush (OTC: APRU) today announced it has launched a new division within Garden Distributing, Inc., Apple Rush's distribution company. This new entity, New Edge, will focus on developing an inroad to a full spectrum of new potential customers: Grocery, Gas Station chains, Convenience Chain stores, Natural & Specialty Foods and Gyms & Health Clubs.
New Edge has already added new exclusive items to its offerings. The company has taken on Mr. Z's Beef Jerky
http://www.misterz.com.br/eng/qs_default.asp for the Midwest. New Edge is also finalizing an agreement with a nationally recognized enhanced water brand, which should be completed within the next couple of weeks.
The launch of New Edge, six weeks ago, has been very successful. New Edge obtained approval and placement for Wise Way Foods, a five store chain located in Northwest Indiana
http://www.wisewayfoods.com/default.aspx, as well as Walt's Foods
http://www.waltsfoods.com, a seven store chain, and Berkot's Super Foods
http://www.berkotfoods.com, a ten store chain, both southern Chicago suburban area chains. There have also been a number of Liquor Stores such as Binny's
http://www.binnys.com with 21 locations and a variety of convenience stores. New Edge has also received final approval from gas station chain Family Express
http://www.familyexpress.com with 51 locations and expects approval from another 50 store gas station chain soon. The new division has opened more than 110 new accounts and is targeting a total of 500 by the end of first quarter 2009.
Robert Corr, President of Garden, explained: "New Edge is vital to the success of Garden Distributing, Inc. and Apple Rush. This new division will allow us to penetrate that customer base where we have not yet gone. This initiative will also add the needed revenues to grow our business on a full year basis. Our sales in the fall and winter usually slump. With the addition of new food and other items that sell year round, we will not only add new customers but maintain a more consistent annual revenue stream. We are excited to continue to develop this division into what we are confident will be one of Garden's most valuable assets. Our ability to develop additional customers outside of our normal distribution channel gives us new potential opportunities for sales of other products. We hav e only begun to implement the real growth potential that we envision in our market."
Mon, 2008-09-29 11:25
Dynamic Response Group Expands Sales of Riddex to Hispanic Market
Last update: 10:01 a.m. EDT Sept. 29, 2008
MIAMI, FL, Sep 29, 2008 (MARKET WIRE via COMTEX) -- Dynamic Response Group, Inc. a leading innovator of strategic marketing solutions, announced today that it has expanded sales of Riddex, the leading method for pest control, into the Hispanic market, through the launch of a comprehensive marketing campaign. The Company has initiated a series of television infomercials in regional markets and national television networks including Galavision and Telefutura. In addition, it is advertising the product on leading Spanish cable television networks such as CNNE, Fox Sports Espanol, Gol-TV, Mega TV, Latino America, WAPA, and SiTv.
"We are excited to enter the Hispanic market, which is a natural extension of the successful campaign we have utilized in North America to make Riddex the leading pest control product," said Melissa K. Rice, Chief Executive Officer. "We believe the demographics of the area are highly attractive, and should allow us to build on the sales momentum and interest in this product."
Mon, 2008-09-29 08:50
Apple Rush Announces Second Quarter 2008 Financials; Revenues Double From First Quarter
PR Newswire
8:45 AM ET
Apple Rush (Pink Sheets: APRU) today announced financial results for its second quarter 2008. The full set of financial statements can be viewed at
http://www.applerush.com.
Revenues more than doubled in the second quarter of 2008 to $1.66 million, up from $599,000 in the first quarter of this year. Revenues totaled $2.26 million for the first six months of 2008. The growth is exponential compared to the first six months of 2007, in which revenues totaled $42,952. The increases were largely due to the first full three months of operations from Garden Distributing, Apple Rush's distribution company.
Total operating expenses increased from $223,127 in the first quarter to $435,095 in the second quarter as the Company logged its first full three months of managing Garden Distributing. Much of these increased expenses were incurred because of the full employee burden of the Garden Distributing operation as well as increased costs related to fuel, raw materials and added insurance costs. The Company posted a loss in both quarters in 2008.
Apple Rush continues to make improvements in managing and controlling its operating costs and expects that the net loss will decrease in the 3rd quarter and turn to profitability in mid to late 2009.
In comparing the first six months of 2007 to 2008, the Company has dramatically improved its gross profit from $3,651 to $329,987 respectively. Most of these improvements are related to increases in the sales of more highly profitably products and the controlling the costs of raw materials.
Robert Corr, President and CEO of Apple Rush, said the results were within management expectations. "The addition of Garden Distributing has greatly changed the complexity and profitability of our operation. The addition of new and more profitable items at Garden Distributing and the increased outreach of Apple Rush will continue to show a steady increase in sales and profitability into the future."
Mr. Corr concluded: "Our investment in Garden Distributing is continuing to pay off as can be viewed by the contribution it makes to our bottom line. This investment has given us the immediate growth that we expected. With the expansion of new products and the increased sales of Cintron Beverages, Garden Distributing is expanding its distribution reach. We are also adding new food items to our distribution system to bolster our fall and winter sales. Apple Rush Organic Sparkling Beverages continues to provide us new opportunities and the potential to develop it into a nationally recognized brand. We have plans to complete many of the line extensions slated for Apple Rush to expand its distribution reach. With this continued growth we will seek to raise additional capital to keep up with this d emand. Our strategy is to continue to improve our operations and utilize our capital to expand the distribution and promotion of Apple Rush."
Tue, 2008-09-23 09:47
Kerry Associates Inc. to Introduce W2 Energy Inc.'s Plasma Reactor Technology to New England Scrap Tire Management Companies
Last update: 9:45 a.m. EDT Sept. 23, 2008
BOSTON, Sep 23, 2008 (BUSINESS WIRE) -- Kerry Associates announces it will be introducing W2 Energy Inc.'s (PINKSHEETS: WTWO) Plasma Reactor Technology (PRT) to Scrap Tire Management Companies throughout the New England area.
The PRT is a unique cogeneration technology that effectively converts solid waste into electrical or thermal energy. Wastes (feedstock) that may be converted into electricity by the PRT process include sorted municipal solid waste (MSW), agricultural waste, de-watered sludge, and chipped tires.
Eric Cousens, CEO of Kerry Associates, Inc. stated "The United States generates over 290 million scrap tires annually. We are aggressively seeking Joint Venture relationships with companies in the scrap tire industry. Plasma Reactor Technology is a viable alternative to the use of fossil fuels and will help further reduce our dependency on foreign oil."