Extreme Innovations Signs Deal with Roaring Toyz, Inc.
TAMPA, Fla., March 30, 2006 (PRIMEZONE) — Extreme Innovations, Inc. (Pink Sheets EXTI) is proud to announce it has singed a joint marketing agreement with Roaring Toyz, Inc. of Sarasota, FL.
Study on Political Risk Management by PricewaterhouseCoopers and Eurasia Group Reveals Multinational Companies Need a Rigorous Political Risk Management Framework
NEW YORK, March 30, 2006 (PRIMEZONE) — Even the most risk averse companies are chasing new opportunities abroad, following customers and resources and seeking out lower cost suppliers in new markets, yet 73 percent do not feel that they are effectively managing these new political landscapes, according to a new study of over 100 multinational firms jointly conducted by PricewaterhouseCoopers (PwC), a global leader in enterprise risk management, and Eurasia Group, a leading political risk consulting firm. The two firms have formed an alliance to help international organizations integrate political risk management into their overall enterprise risk management process, enabling them to make better and more informed business decisions regarding their international strategy and operations.
Timeline Board Votes to Conserve Cash for Patent Enforcement
SEATTLE, March 30, 2006 (PRIMEZONE) — Timeline, Inc. (OTCBB:TMLN) announced today its Board of Directors voted to conserve the cash generated from the sale of its software operations to fund ongoing efforts to enforce its intellectual property rights. Consequently, Timeline will not pay a special dividend to shareholders at the end of for fiscal 2006, which ends March 31, 2006. The following open letter to shareholders provides further discussion of the factors surrounding this decision.
Sunnylife Global, Inc., a Publicly Traded Company in Southern California, to be First American Company Granted a Business License by the Chinese Government to Operate in the People's Republic of China
LOS ANGELES, March 30, 2006 (PRIMEZONE) — Sunnylife Global, Inc. (Pink Sheets:SNYL) announced today that it is the first American company to be granted a Business License to operate in China. The License Certificate No. 0556651 was issued to Sunnylife Global, Inc. with the official Government seal on February 22, 2006.
KMA Global Solutions International Completes Merger
MISSISSAUGA, Ontario, March 30, 2006 (PRIMEZONE) — KMA Global Solutions International, Inc. (Pink Sheets:KMAG), formerly Espo's Ltd., announced today the filing with the U.S. Securities and Exchange Commission of its Form 10-SB to register its common stock pursuant to Section 12(g) of the Securities Exchange Act of 1934. This registration document provides a comprehensive description of the Company's recent change of control as well as a detailed explanation of its current business model, including audited consolidated financial statements for the year ended January 31, 2006.
Clifford Lewis, CEO of Strategy X, Inc., Talks With Traders Nation
PHOENIX, March 30, 2006 (PRIMEZONE) — Traders Nation is pleased to announce that it has completed an interview with Clifford Lewis, CEO of Strategy X, Inc. (Pink Sheets:SRGX), and the interview is available at http://www.tradersnation.com/srgx.shtml.
College Partnership, Inc. Teams Up With Magic Media Networks, Inc.
LAKEWOOD, Colo., March 30, 2006 (PRIMEZONE) — College Partnership, Inc. (Pink Sheets:CGPA) announced today that it has entered into a contract with Magic Media Networks, Inc. (OTCBB:MGCN), http://www.magicmedia.com, to produce and market a 60-second television commercial to air at all its Destination Television networks locations. Destination Television intends to air the new commercial spots over 20,000 times a month.
Stolt-Nielsen S.A. Receives Prepayment on Sale of Marine Harvest Shareholding
LONDON, March 30, 2006 (PRIMEZONE) — Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo Stock Exchange:SNI), reported today that the Company had received proceeds of EUR 293.8 million (approximately $352.5 million at the current exchange rate) from the sale of its 25% shareholding in Marine Harvest N.V., as announced on March 6, 2006. As previously announced, the Company expects to record a gain of $80 million on this transaction based upon the estimated value of its investment in Marine Harvest in the second quarter of 2006. The gain will be recorded when the final approval of transaction is received from the regulatory and competition authorities.
First Regional Bancorp Announces Issuance of $30,000,000 in Trust Preferred Securities
CENTURY CITY, Calif., March 30, 2006 (PRIMEZONE) — First Regional Bancorp (Nasdaq:FRGB) announced today that it raised $30 million of new capital pursuant to"trust preferred"transactions involving a newly formed, wholly owned, statutory business trust. The securities were issued in private placement transactions as part of a pooled securitization transaction involving several other financial institutions. Holders of the trust securities will be entitled to receive cumulative cash distributions at a floating interest rate equal to three-month LIBOR plus 1.50%.
Component Change Made to Dow Jones U.S. Select Dividend Index
NEW YORK, March 30, 2006 (PRIMEZONE) — Dow Jones Indexes, a leading global index provider, today announced a component change in the Dow Jones U.S. Select Dividend Index.
Canadian Coalbed Methane Stocks: 7 Things to Know Before Investing
SARASOTA, Fla., March 30, 2006 (PRIMEZONE) — Dr. David Marchioni, co-author of the CBM textbook, An Assessment of Coalbed Methane Exploration Projects in Canada, published by the Geological Survey of Canada, and president of privately held Petro-Logic Services in Calgary, provided StockInterview with the 7 Most Important Tips he would use to evaluate the risk/reward ratio in Canadian-based coalbed methane exploration companies."Coal seam thickness and gas content are the geological reasons which establish the property's potential,"Dr. Marchioni told StockInterview.com."Permeability and water issues are important when you reach the production stage,"said Dr. Marchioni.