Friday May 30, 10:15 am ET
New Corporate Presentation Now Available for Viewing on Company Web Site
HOUSTON, May 30 /PRNewswire-FirstCall/ -- Rock Energy Resources, Inc. (OTC BB: RCKE.OB), an independent domestic oil and natural gas company, today announced that in light of recent material developments at the Company, including commencement of steam recovery operations on its Orcutt Diatomite project in Santa Barbara County, California; the Gaffney, Cline audit results of the Monterey reserves in the Orcutt field; and the acquisition of additional working interests in the South Texas Garwood field prospect, interested parties are invited to join management in a discussion via teleconference on Tuesday, June 3, 2008, beginning at 4:15 PM Eastern.
The conference call can be accessed via telephone by dialing toll free 1-800-366-7449 or via the web at www.rockenergypartners.com . For those unable to participate at that time, a replay of the web cast will be available for 90 days on www.rockenergypartners.com .
In addition, the Company reported that a new corporate presentation is now available for viewing on its corporate web site, also found at www.rockenergypartners.com .
About Rock Energy Resources, Inc.
Originally formed in April of 2004 as Rock Energy Partners LP, Rock Energy Resources is an independent oil and gas company based in Houston, Texas. The Company is engaged in the exploration, drilling and recovery of onshore natural gas and crude oil resources using cutting-edge 3D technologies. Rock Energy currently produces and sells natural gas and crude oil from two locations: the Wilcox trend in Colorado County, Texas and the Monterey Formation in Santa Barbara County, California. For more information on the Company, please visit www.rockenergypartners.com .
Safe Harbor Forward-Looking Statements
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made herein are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Rock Energy Resources, Inc., and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Friday, May 30, 2008
Legend Media, Inc. Announces Closing of Acquisition
Friday May 30, 8:00 am ET
BEIJING, May 30, 2008 (PRIME NEWSWIRE) -- Legend Media, Inc. (OTC.BB: LEGE.OB), a rapidly growing advertising business focused on the Chinese radio market, today announced the closing of an acquisition of a China-based company that has rights to radio advertising in Tianjin, China, a city of over 10 million residents and one of China's four municipalities with provincial-level status.
``We are pleased to announce the closing of this acquisition, which provides us with radio advertising rights in a strategically important region of China, bringing us closer to our goal of becoming the dominant radio advertising business in China,'' said Jeffrey Dash, CEO of Legend Media.
For additional information on the terms of the acquisition, please see Legend Media's Current Report on Form 8-K filed on May 12, 2008 with the SEC.
About Legend Media, Inc.
Legend Media, Inc., through its wholly-owned subsidiary Well Chance Investments Limited (``Well Chance''), intends to build a leading, consumer advertising network in China that reaches consumers through multiple advertising mediums, with a specific near-term focus on radio. Well Chance is run by its world-class Executive Team, Advisory Board, and Board of Directors. These teams have helped to establish a network of partners in China and the United States that are actively working to build the company's customer base, refine its business development strategies, and identify additional acquisition candidates. Well Chance leverages these partners to manage its relationships with major national and international advertising agencies, while local operators focus on maintaining radio station and advertiser relationships within their local markets.
Notice Regarding Forward-Looking Statements
This news release contains ``forward-looking statements,'' as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Since the forward-looking statements relate to future developments, results, or events, these statements are highly speculative and involve risks, uncertainties, and assumptions that are difficult to assess and may not be accurate. Such risks include, but are not limited to, the risks that the China-based company will not enter into an acceptable agreement pursuant to which it is granted the exclusive right to market and sell all broadcast advertising for the radio station located in Tianjin, China for a period of two years, or that the Company and the operating company will not enter into certain acceptable control agreements described in the Company's Current Report on Form 8-K filed on May 12, 2008 with the SEC. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release and the Company and Well Chance assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as may be required by law. Although the Company believes that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at http://www.sec.gov.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
BEIJING, May 30, 2008 (PRIME NEWSWIRE) -- Legend Media, Inc. (OTC.BB: LEGE.OB), a rapidly growing advertising business focused on the Chinese radio market, today announced the closing of an acquisition of a China-based company that has rights to radio advertising in Tianjin, China, a city of over 10 million residents and one of China's four municipalities with provincial-level status.
``We are pleased to announce the closing of this acquisition, which provides us with radio advertising rights in a strategically important region of China, bringing us closer to our goal of becoming the dominant radio advertising business in China,'' said Jeffrey Dash, CEO of Legend Media.
For additional information on the terms of the acquisition, please see Legend Media's Current Report on Form 8-K filed on May 12, 2008 with the SEC.
About Legend Media, Inc.
Legend Media, Inc., through its wholly-owned subsidiary Well Chance Investments Limited (``Well Chance''), intends to build a leading, consumer advertising network in China that reaches consumers through multiple advertising mediums, with a specific near-term focus on radio. Well Chance is run by its world-class Executive Team, Advisory Board, and Board of Directors. These teams have helped to establish a network of partners in China and the United States that are actively working to build the company's customer base, refine its business development strategies, and identify additional acquisition candidates. Well Chance leverages these partners to manage its relationships with major national and international advertising agencies, while local operators focus on maintaining radio station and advertiser relationships within their local markets.
Notice Regarding Forward-Looking Statements
This news release contains ``forward-looking statements,'' as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Since the forward-looking statements relate to future developments, results, or events, these statements are highly speculative and involve risks, uncertainties, and assumptions that are difficult to assess and may not be accurate. Such risks include, but are not limited to, the risks that the China-based company will not enter into an acceptable agreement pursuant to which it is granted the exclusive right to market and sell all broadcast advertising for the radio station located in Tianjin, China for a period of two years, or that the Company and the operating company will not enter into certain acceptable control agreements described in the Company's Current Report on Form 8-K filed on May 12, 2008 with the SEC. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release and the Company and Well Chance assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as may be required by law. Although the Company believes that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at http://www.sec.gov.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
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RedChip Companies, Inc. is a well-established source of independent research and information on the small-cap markets. Dedicated to "Discovering Tomorrow’s Blue Chips Today™", our analysts seek out emerging growth companies and undiscovered small-cap values before they show up on Wall Street’s radar screen. Through the RedChip Review™, the company’s flagship publication, analysts provide a unique breadth of coverage and depth of research on relatively unkown small-cap companies. http://www.redchip.com/
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RedChip Visibility
CABN-GreenCarbon Mobile Prototype on the Move
CABN Q4 2008 RedChip Update
GNB-Trending Higher on AMEX Listing, and Test Burns
GNB Q4 2008 RedChip Update
IMGG-Poised for Profits as FDA Approval Nears
IMGG Q4 2008 RedChip Update
QPCI-Bright Outlook for Laser Products
QPCI Q4 2008 RedChip Update
OLGX-Private Placement Supports Profitability Plan
OLGX Q4 2008 RedChip Update
RedChip Independent
WEL-Delivers Second Quarter of Record Revenue
WEL Q1 2008 RedChip Update
OXPS-HOLD on Decreased Margins and Activity
OXPS Q1 2008 RedChip Update
NEWT-Strong Growth in Electronic Payment Processing, Web Hosting
NEWT Q4 2007 RedChip Update
HOGS-Q4 2007 Sales Soar, Up 111% YOY
HOGS Q4 2007 RedChip Update
MSV.TO-BUY on Pure Commodity Play
MSV.TO Initial Report
RedChip IR Update
Ticker: QTWW
Exchange: NasdaqGM
RedChip Engagement: January 08
Sector: Alternative Energy
Price Appreciation: +300%
Ticker: MSV.TO
Exchange: Toronto
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Price Appreciation: +35%
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Exchange: NasdaqCM
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Exchange: OTCBB
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Price Appreciation: +80%
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Exchange: AMEX
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Exchange: OTCBB
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Sector: Contract Manufacturing
Price Appreciation: +75%
Ticker: GNB
Exchange: AMEX
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Price Appreciation:+50%
Ticker: IGC
Exchange: AMEX
RedChip Engagement: May 08
Sector: Business Services
Price Appreciation: +35%
REDCHIP IDEAS: SMALL-CAP BLOGCAST
Read what our analysts have to say
Minco's Silver Lining
RedChip Companies 500 Winderley Place, Ste. 100 Maitland, FL 32751
RedChip Companies, Inc. is a well-established source of independent research and information on the small-cap markets. Dedicated to "Discovering Tomorrow’s Blue Chips Today™", our analysts seek out emerging growth companies and undiscovered small-cap values before they show up on Wall Street’s radar screen. Through the RedChip Review™, the company’s flagship publication, analysts provide a unique breadth of coverage and depth of research on relatively unkown small-cap companies. http://www.redchip.com/
RedChip™ Alerts
RedChip Small Cap Investor Conference in San Fransisco, June 4th & 5th. Register Now.
RedChip Research™ Updates
Our approach to finding great little companies is doing the homework. We use our experience and expertise to discover undervalued, emerging small-cap companies that have the potential to become tomorrow’s Blue Chips.
RedChip Visibility
CABN-GreenCarbon Mobile Prototype on the Move
CABN Q4 2008 RedChip Update
GNB-Trending Higher on AMEX Listing, and Test Burns
GNB Q4 2008 RedChip Update
IMGG-Poised for Profits as FDA Approval Nears
IMGG Q4 2008 RedChip Update
QPCI-Bright Outlook for Laser Products
QPCI Q4 2008 RedChip Update
OLGX-Private Placement Supports Profitability Plan
OLGX Q4 2008 RedChip Update
RedChip Independent
WEL-Delivers Second Quarter of Record Revenue
WEL Q1 2008 RedChip Update
OXPS-HOLD on Decreased Margins and Activity
OXPS Q1 2008 RedChip Update
NEWT-Strong Growth in Electronic Payment Processing, Web Hosting
NEWT Q4 2007 RedChip Update
HOGS-Q4 2007 Sales Soar, Up 111% YOY
HOGS Q4 2007 RedChip Update
MSV.TO-BUY on Pure Commodity Play
MSV.TO Initial Report
RedChip IR Update
Ticker: QTWW
Exchange: NasdaqGM
RedChip Engagement: January 08
Sector: Alternative Energy
Price Appreciation: +300%
Ticker: MSV.TO
Exchange: Toronto
RedChip Engagement: April 08
Sector: Precious Metals
Price Appreciation: +35%
Ticker: RXII
Exchange: NasdaqCM
RedChip Engagement: April 08
Sector: BioTech
Price Appreciation: +45%
Ticker: QBIK
Exchange: OTCBB
RedChip Engagement: February 08
Sector: Energy
Price Appreciation: +80%
Ticker: ZBB
Exchange: AMEX
RedChip Engagement: March 08
Sector:Alternative Energy
Price Appreciation: +40%
Ticker: WEMU
Exchange: OTCBB
RedChip Engagement: August 08
Sector: Contract Manufacturing
Price Appreciation: +75%
Ticker: GNB
Exchange: AMEX
RedChip Engagement: June 08
Sector: Alternative Energy
Price Appreciation:+50%
Ticker: IGC
Exchange: AMEX
RedChip Engagement: May 08
Sector: Business Services
Price Appreciation: +35%
REDCHIP IDEAS: SMALL-CAP BLOGCAST
Read what our analysts have to say
Minco's Silver Lining
RedChip Companies 500 Winderley Place, Ste. 100 Maitland, FL 32751
RedChip Visibility Initiates Research Coverage On CellCyte Genetics Corp.
Thursday May 29, 2:42 pm ET
ORLANDO, Fla., May 29, 2008 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., has initiated coverage on CellCyte Genetics Corp. (OTC BB: CCYG.OB), a biotechnology firm engaged in the discovery and development of stem cell therapeutic products and medical devices for cell production.
Ajay Mohan, MFM, RedChip Research Analyst, reported:
``CCYG is developing a breakthrough technology that may improve stem cell delivery and retention mechanisms to selected organs using a patient's circulatory system. Delivery of stem cells to the specific organ is currently one of the most challenging tasks in stem cell studies. The application of this technology is unlimited and could be used in a large number of cases such as heart, liver, or kidney failure and neurological disorders.''
``The Company is in the process of taking this technology to the human trials phase, and the first organ for this trial is the heart. The difficulty so far has been that stems cells do not stay in the heart or other organ; rather, they flow down and accumulate in the liver or spleen. CCYG has discovered a mechanism by which certain receptors are blocked in the liver and spleen with the compound CCG-TH30 or CCG-TH35 and is believed to allow stem cells to remain in the heart or potentially other organs,'' Mohan continued.
``The biotech industry in general is moving towards a mature stage, but stem cell research is a strong emerging segment within the industry. We are initiating coverage of CCYG with a 'Speculative Buy' recommendation and a 12-month target price of $0.80,'' he concluded.
To receive a complimentary copy of the RedChip Visibility Initial Research Report for CellCyte Genetics Corp., please visit:http://www.redchip.com/visibility/about.asp?page=vreport&reportid=112&from=05292008pr
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV(tm), and RedChip Radio(tm). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.
The RedChip Companies, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761
DISCLOSURE:
None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. CellCyte Genetics Corp. paid RedChip Visibility, a division of RedChip Companies, Inc., $36,000 for RedChip Visibility Program services, which included the preparation of this equity research report. To the fullest extent permitted by law, RedChip Companies, Inc., will not be liable to you or anyone else under any tort, contract, negligence, strict negligence, strict liability, products liability, or other theory with respect to this presentation of information.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
ORLANDO, Fla., May 29, 2008 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., has initiated coverage on CellCyte Genetics Corp. (OTC BB: CCYG.OB), a biotechnology firm engaged in the discovery and development of stem cell therapeutic products and medical devices for cell production.
Ajay Mohan, MFM, RedChip Research Analyst, reported:
``CCYG is developing a breakthrough technology that may improve stem cell delivery and retention mechanisms to selected organs using a patient's circulatory system. Delivery of stem cells to the specific organ is currently one of the most challenging tasks in stem cell studies. The application of this technology is unlimited and could be used in a large number of cases such as heart, liver, or kidney failure and neurological disorders.''
``The Company is in the process of taking this technology to the human trials phase, and the first organ for this trial is the heart. The difficulty so far has been that stems cells do not stay in the heart or other organ; rather, they flow down and accumulate in the liver or spleen. CCYG has discovered a mechanism by which certain receptors are blocked in the liver and spleen with the compound CCG-TH30 or CCG-TH35 and is believed to allow stem cells to remain in the heart or potentially other organs,'' Mohan continued.
``The biotech industry in general is moving towards a mature stage, but stem cell research is a strong emerging segment within the industry. We are initiating coverage of CCYG with a 'Speculative Buy' recommendation and a 12-month target price of $0.80,'' he concluded.
To receive a complimentary copy of the RedChip Visibility Initial Research Report for CellCyte Genetics Corp., please visit:http://www.redchip.com/visibility/about.asp?page=vreport&reportid=112&from=05292008pr
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV(tm), and RedChip Radio(tm). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.
The RedChip Companies, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761
DISCLOSURE:
None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. CellCyte Genetics Corp. paid RedChip Visibility, a division of RedChip Companies, Inc., $36,000 for RedChip Visibility Program services, which included the preparation of this equity research report. To the fullest extent permitted by law, RedChip Companies, Inc., will not be liable to you or anyone else under any tort, contract, negligence, strict negligence, strict liability, products liability, or other theory with respect to this presentation of information.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
ZAGG's invisibleSHIELD(TM) Now Available at the Carphone Warehouse
Thursday May 29, 1:38 pm ET
ZAGG Reaches Agreement with Europe's Leading Independent Retailer of Cell Phones and Services
SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc. (OTC BB: ZAGG.OB), the industry leader in providing protective film coverings for personal electronics, announces the availability of their flagship product, the invisibleSHIELD?, in select Carphone Warehouse (LSE: CPW - News) locations. The agreement provides a major new distribution channel for the invisibleSHIELD to ZAGG?s European customers, expanding the reach of its scratch-free, full-body protection in the consumer electronics market. The Carphone Warehouse has 2,400 retail locations in 11 European countries, and the invisibleSHIELD will be first offered in over 500 locations in the U.K.
ZAGG?s invisibleSHIELD is available in thousands of precision-cut designs for a multitude of gadgets, including MP3 players, digital cameras and laptops. Some of their most popular cell phone designs, such as the LG KU990 Viewty and the Samsung SGH-F480, will be the first offered to Carphone Warehouse customers.
?Having the invisibleSHIELD in Carphone Warehouse is a very significant opportunity for us, and is a tremendous step forward for our ZAGG Europe division,? said Robert G. Pedersen II, President and CEO of ZAGG. ?Being available in Europe?s leading cell phone retailer will generate a lot of great exposure for the invisibleSHIELD, and introduce the exclusive, patented film to many new customers.?
The invisibleSHIELD is created from an ultra-thin, ultra-tough film originally designed for the military to protect helicopter blades from wind, sand, and the wear and tear of high-speed travel. Combining military-grade scratch protection with precision-cut designs, the invisibleSHIELD, backed by a lifetime guarantee, allows customers to use their electronics without the fear of scratches or nicks.
To see ZAGG?s full catalog, or to purchase online, please visit www.invisibleSHIELD.com.
About ZAGG Inc.
ZAGG Inc. designs, manufactures and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG?s flagship brand, the invisibleSHIELD, is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices and other items. The patent-pending invisibleSHIELD application is the first scratch protection solution of its kind on the market, and has sold over 1 million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries. For more information please visit the company?s web site at www.ZAGG.com.
Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in filings made by the company with the Securities and Exchange Commission.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
ZAGG Reaches Agreement with Europe's Leading Independent Retailer of Cell Phones and Services
SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc. (OTC BB: ZAGG.OB), the industry leader in providing protective film coverings for personal electronics, announces the availability of their flagship product, the invisibleSHIELD?, in select Carphone Warehouse (LSE: CPW - News) locations. The agreement provides a major new distribution channel for the invisibleSHIELD to ZAGG?s European customers, expanding the reach of its scratch-free, full-body protection in the consumer electronics market. The Carphone Warehouse has 2,400 retail locations in 11 European countries, and the invisibleSHIELD will be first offered in over 500 locations in the U.K.
ZAGG?s invisibleSHIELD is available in thousands of precision-cut designs for a multitude of gadgets, including MP3 players, digital cameras and laptops. Some of their most popular cell phone designs, such as the LG KU990 Viewty and the Samsung SGH-F480, will be the first offered to Carphone Warehouse customers.
?Having the invisibleSHIELD in Carphone Warehouse is a very significant opportunity for us, and is a tremendous step forward for our ZAGG Europe division,? said Robert G. Pedersen II, President and CEO of ZAGG. ?Being available in Europe?s leading cell phone retailer will generate a lot of great exposure for the invisibleSHIELD, and introduce the exclusive, patented film to many new customers.?
The invisibleSHIELD is created from an ultra-thin, ultra-tough film originally designed for the military to protect helicopter blades from wind, sand, and the wear and tear of high-speed travel. Combining military-grade scratch protection with precision-cut designs, the invisibleSHIELD, backed by a lifetime guarantee, allows customers to use their electronics without the fear of scratches or nicks.
To see ZAGG?s full catalog, or to purchase online, please visit www.invisibleSHIELD.com.
About ZAGG Inc.
ZAGG Inc. designs, manufactures and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG?s flagship brand, the invisibleSHIELD, is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices and other items. The patent-pending invisibleSHIELD application is the first scratch protection solution of its kind on the market, and has sold over 1 million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries. For more information please visit the company?s web site at www.ZAGG.com.
Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in filings made by the company with the Securities and Exchange Commission.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
SpaceDev Satellite Chosen for Inaugural U.S. Defense ORS Jumpstart Mission
Thursday May 29, 1:30 pm ET
Delivery Occurred in Record Time With Launch Expected in June 2008
POWAY, CA--(MARKET WIRE)--May 29, 2008 -- SpaceDev, Inc. (OTC BB: SPDV.OB) has been informed by the U.S. Department of Defense Operationally Responsive Space Office (ORS) that it has selected SpaceDev's Trailblazer spacecraft bus as the primary payload to fly on its inaugural mission, called Jumpstart. Jumpstart is a multi-pronged effort set to fly a responsive payload on the SpaceX Falcon 1 Flight 003 mission, currently scheduled for a late June 2008 launch from Kwajalein Atoll in the Marshall Islands. The spacecraft was built and assembled on schedule and budget at SpaceDev's Poway, California facility in less than five months. It has been delivered to the ORS Office at Kirtland Air Force Base in New Mexico for final testing and integration.
"Our extraordinary team has put in many hours of hard work in support of this historic effort. We believe that this launch will help usher in a new era of responsive space and lead the way as a standard in low cost, modular, and flexible small satellites," said Mark N. Sirangelo, Chairman and CEO of SpaceDev. "We would like to express our sincere appreciation to the ORS office and the Department of Defense for the confidence they expressed in us and the terrific teamwork that we experienced with them during an enormously challenging program cycle."
ORS Director Dr. Peter Wegner indicated that the selection of Trailblazer was made after the Jumpstart Pre-shipment Review, conducted on May 20, 2008. This bus serves as a risk reduction for a flexible, modular bus design using off the shelf components and could support a variety of future ORS missions. Jumpstart illustrates the responsive capability combatant commanders are looking for -- spacecraft buildup to launch vehicle integration in just months. This mission demonstrates the first step of responsive launch with an end-to-end call up within seven months of funding availability and within four months following approval to proceed. In addition, Jumpstart demonstrates several key ORS enabling models: rapid call up of a mission to launch; rapid development, integration and checkout of spacecraft; a concept of operations that allows flexibility late in the payload processing flow to determine which mission will fly; efficiencies in processes and procedures to reduce payload integration timelines; and identification and assurance of payload technical readiness.
"Our staff worked tirelessly on this program to meet the government's need," said Harrison Yelton, Vice President of Satellite Systems at SpaceDev. "The successful launch of this satellite will provide proof of the viability of our rapid build technology system and has created a new product line for the Company."
About SpaceDev
SpaceDev, Inc. is a space technology/aerospace company that creates and sells affordable and innovative space products and mission solutions. For more information, visit www.spacedev.com.
This news release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks that are difficult to predict, are based on the Company's current expectations, and are not guarantees of performance. The Company's actual results could differ materially from its current expectations. Factors that could contribute to such differences include, but are not limited to, risks associated with the Company's ability to effectively manage program, technical, schedule, cost, or customer changes, or cancellation of orders, or obtain additional financing, if needed. The Company also references other factors described in periodic reports filed with the SEC, including its current Annual Report on Form 10-KSB and subsequent Quarterly Reports on Form 10-QSB. These forward-looking statements speak only as of the date of this release. SpaceDev does not intend to update these forward-looking statements.
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For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Delivery Occurred in Record Time With Launch Expected in June 2008
POWAY, CA--(MARKET WIRE)--May 29, 2008 -- SpaceDev, Inc. (OTC BB: SPDV.OB) has been informed by the U.S. Department of Defense Operationally Responsive Space Office (ORS) that it has selected SpaceDev's Trailblazer spacecraft bus as the primary payload to fly on its inaugural mission, called Jumpstart. Jumpstart is a multi-pronged effort set to fly a responsive payload on the SpaceX Falcon 1 Flight 003 mission, currently scheduled for a late June 2008 launch from Kwajalein Atoll in the Marshall Islands. The spacecraft was built and assembled on schedule and budget at SpaceDev's Poway, California facility in less than five months. It has been delivered to the ORS Office at Kirtland Air Force Base in New Mexico for final testing and integration.
"Our extraordinary team has put in many hours of hard work in support of this historic effort. We believe that this launch will help usher in a new era of responsive space and lead the way as a standard in low cost, modular, and flexible small satellites," said Mark N. Sirangelo, Chairman and CEO of SpaceDev. "We would like to express our sincere appreciation to the ORS office and the Department of Defense for the confidence they expressed in us and the terrific teamwork that we experienced with them during an enormously challenging program cycle."
ORS Director Dr. Peter Wegner indicated that the selection of Trailblazer was made after the Jumpstart Pre-shipment Review, conducted on May 20, 2008. This bus serves as a risk reduction for a flexible, modular bus design using off the shelf components and could support a variety of future ORS missions. Jumpstart illustrates the responsive capability combatant commanders are looking for -- spacecraft buildup to launch vehicle integration in just months. This mission demonstrates the first step of responsive launch with an end-to-end call up within seven months of funding availability and within four months following approval to proceed. In addition, Jumpstart demonstrates several key ORS enabling models: rapid call up of a mission to launch; rapid development, integration and checkout of spacecraft; a concept of operations that allows flexibility late in the payload processing flow to determine which mission will fly; efficiencies in processes and procedures to reduce payload integration timelines; and identification and assurance of payload technical readiness.
"Our staff worked tirelessly on this program to meet the government's need," said Harrison Yelton, Vice President of Satellite Systems at SpaceDev. "The successful launch of this satellite will provide proof of the viability of our rapid build technology system and has created a new product line for the Company."
About SpaceDev
SpaceDev, Inc. is a space technology/aerospace company that creates and sells affordable and innovative space products and mission solutions. For more information, visit www.spacedev.com.
This news release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks that are difficult to predict, are based on the Company's current expectations, and are not guarantees of performance. The Company's actual results could differ materially from its current expectations. Factors that could contribute to such differences include, but are not limited to, risks associated with the Company's ability to effectively manage program, technical, schedule, cost, or customer changes, or cancellation of orders, or obtain additional financing, if needed. The Company also references other factors described in periodic reports filed with the SEC, including its current Annual Report on Form 10-KSB and subsequent Quarterly Reports on Form 10-QSB. These forward-looking statements speak only as of the date of this release. SpaceDev does not intend to update these forward-looking statements.
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For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
RedChip Visibility Initiates Research Coverage On XsunX, Inc.
Thursday May 29, 1:01 pm ET
ORLANDO, Fla., May 29, 2008 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., has initiated coverage on XsunX, Inc. (OTC BB: XSNX.OB), a company engaged in manufacturing and commercializing thin-film photovoltaic (TFPV) solar cells utilizing amorphous silicon in the growing solar market.
Neha Bhargava, MBA, RedChip Research Analyst, reported:
``XSNX has spent the last three years focused on research with a photovoltaic material called amorphous silicon to develop an amorphous silicon thin-film photovoltaic (TFPV) solar cell manufacturing process to produce TFPV solar modules. The Company is moving in the right direction, exploiting opportunities in the thin-film solar PV market, which we believe will rapidly grow, as it offers the lowest manufacturing cost per watt at the module level and will likely maintain a cost per watt advantage over the more dominant crystalline silicon-based modules.''
``XSNX has announced plans to build a multi-megawatt, TFPV solar module production facility in Oregon. This has provided an imperative swing to XSNX's business model by focusing on the manufacturing and commercializing of TFPV solar cells and puts XSNX on the right path to seize revenue and profit opportunities in the global solar energy market as the Company heads toward commercialization of solar cells,'' she continued.
``We initiate coverage of XSNX with a 'Speculative Buy' rating and a 12-month target price of $1.28,'' Bhargava concluded.
To receive a complimentary copy of the RedChip Visibility Initial Research Report for XsunX Inc., please visit:http://www.redchip.com/visibility/about.asp?page=vreport&reportid=111&from=05292008pr
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV(tm), and RedChip Radio(tm). To learn more about RedChip's products and services, please visit: http://www.redchip.com/visibility/productsandservices.asp.
``Discovering Tomorrow's Blue Chips Today''(tm)
The RedChip Companies, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761
DISCLOSURE
None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. XsunX, Inc. paid RedChip Visibility, a division of RedChip Companies, Inc., $30,000 for RedChip Visibility Program services, which included the preparation of this equity research report. To the fullest extent permitted by law, RedChip Companies, Inc., will not be liable to you or anyone else under any tort, contract, negligence, strict negligence, strict liability, products liability, or other theory with respect to this presentation of information.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
ORLANDO, Fla., May 29, 2008 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., has initiated coverage on XsunX, Inc. (OTC BB: XSNX.OB), a company engaged in manufacturing and commercializing thin-film photovoltaic (TFPV) solar cells utilizing amorphous silicon in the growing solar market.
Neha Bhargava, MBA, RedChip Research Analyst, reported:
``XSNX has spent the last three years focused on research with a photovoltaic material called amorphous silicon to develop an amorphous silicon thin-film photovoltaic (TFPV) solar cell manufacturing process to produce TFPV solar modules. The Company is moving in the right direction, exploiting opportunities in the thin-film solar PV market, which we believe will rapidly grow, as it offers the lowest manufacturing cost per watt at the module level and will likely maintain a cost per watt advantage over the more dominant crystalline silicon-based modules.''
``XSNX has announced plans to build a multi-megawatt, TFPV solar module production facility in Oregon. This has provided an imperative swing to XSNX's business model by focusing on the manufacturing and commercializing of TFPV solar cells and puts XSNX on the right path to seize revenue and profit opportunities in the global solar energy market as the Company heads toward commercialization of solar cells,'' she continued.
``We initiate coverage of XSNX with a 'Speculative Buy' rating and a 12-month target price of $1.28,'' Bhargava concluded.
To receive a complimentary copy of the RedChip Visibility Initial Research Report for XsunX Inc., please visit:http://www.redchip.com/visibility/about.asp?page=vreport&reportid=111&from=05292008pr
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV(tm), and RedChip Radio(tm). To learn more about RedChip's products and services, please visit: http://www.redchip.com/visibility/productsandservices.asp.
``Discovering Tomorrow's Blue Chips Today''(tm)
The RedChip Companies, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761
DISCLOSURE
None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. XsunX, Inc. paid RedChip Visibility, a division of RedChip Companies, Inc., $30,000 for RedChip Visibility Program services, which included the preparation of this equity research report. To the fullest extent permitted by law, RedChip Companies, Inc., will not be liable to you or anyone else under any tort, contract, negligence, strict negligence, strict liability, products liability, or other theory with respect to this presentation of information.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
RedChip Visibility Initiates Research Coverage on ZAGG, Inc.
ORLANDO, Fla., May 29, 2008 -- (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., has initiated coverage on ZAGG, Inc. (OTCBB: ZAGG), a leading producer of clear protective coverings under the brand name invisibleSHIELD™ and other electronic accessories.
Gaurav Aggarwal, MBA, RedChip Research Analyst, reported:
“The market opportunity for ZAGG’s product line is virtually unlimited. In the consumer electronics market alone, there are literally hundreds of models of handheld electronic devices that need protection from normal everyday use. As sales of these electronic devices continue to grow, we expect demand for ZAGG’s complementary products will grow as well.”
“ZAGG has achieved solid revenue growth since its inception, and we estimate the Company will more than double sales in 2008 while simultaneously maintaining impressive gross margin,” Aggarwal continued.
“We believe ZAGG offers a conservative investment opportunity in a specialty retail environment free from the volatile swings of fashion. We are initiating coverage of ZAGG with a ‘Speculative Buy’ rating and a 12-month target price of $1.80,” Aggarwal concluded.
To receive a complimentary copy of the RedChip Visibility Initial Research Report for ZAGG Inc., please visit:
http://www.redchip.com/visibility/about.asp?page=vreport&reportid=110&from=05292008pr
To hear the RedChip Real Radio broadcast interviews featuring ZAGG, visit http://www.redchip.com/visibility/Radio/radioMain.asp?page=archive.
To learn more about ZAGG, visit http://www.redchip.com/visibility/investor.asp?symbol=ZAGG.
About ZAGG
ZAGG, Inc designs, manufactures, and distributes protective coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG’s flagship brand, the invisibleSHIELD™, is a protective, scratch-proof film for high-tech film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD is the first scratch protection solution of its kind on the market. Currently, ZAGG offers over 2,500 precision pre-cut gadget designs that all come with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. For more information please visit the company’s web sites at www.ZAGG.com and www.invisibleSHIELD.com.
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV™, and RedChip Radio™. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.
“Discovering Tomorrow’s Blue Chips Today”™
Disclosure
None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. ZAGG Inc. paid RedChip Visibility, a division of RedChip Companies, Inc., $30,000 for RedChip Visibility Program services, which included the preparation of this equity research report.
Contact:
RedChip Companies Inc.
1-800-RED-CHIP (733-2447, Ext. 106)
Info@redchip.com
www.redchip.com
Gaurav Aggarwal, MBA, RedChip Research Analyst, reported:
“The market opportunity for ZAGG’s product line is virtually unlimited. In the consumer electronics market alone, there are literally hundreds of models of handheld electronic devices that need protection from normal everyday use. As sales of these electronic devices continue to grow, we expect demand for ZAGG’s complementary products will grow as well.”
“ZAGG has achieved solid revenue growth since its inception, and we estimate the Company will more than double sales in 2008 while simultaneously maintaining impressive gross margin,” Aggarwal continued.
“We believe ZAGG offers a conservative investment opportunity in a specialty retail environment free from the volatile swings of fashion. We are initiating coverage of ZAGG with a ‘Speculative Buy’ rating and a 12-month target price of $1.80,” Aggarwal concluded.
To receive a complimentary copy of the RedChip Visibility Initial Research Report for ZAGG Inc., please visit:
http://www.redchip.com/visibility/about.asp?page=vreport&reportid=110&from=05292008pr
To hear the RedChip Real Radio broadcast interviews featuring ZAGG, visit http://www.redchip.com/visibility/Radio/radioMain.asp?page=archive.
To learn more about ZAGG, visit http://www.redchip.com/visibility/investor.asp?symbol=ZAGG.
About ZAGG
ZAGG, Inc designs, manufactures, and distributes protective coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG’s flagship brand, the invisibleSHIELD™, is a protective, scratch-proof film for high-tech film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD is the first scratch protection solution of its kind on the market. Currently, ZAGG offers over 2,500 precision pre-cut gadget designs that all come with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. For more information please visit the company’s web sites at www.ZAGG.com and www.invisibleSHIELD.com.
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV™, and RedChip Radio™. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp.
“Discovering Tomorrow’s Blue Chips Today”™
Disclosure
None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. ZAGG Inc. paid RedChip Visibility, a division of RedChip Companies, Inc., $30,000 for RedChip Visibility Program services, which included the preparation of this equity research report.
Contact:
RedChip Companies Inc.
1-800-RED-CHIP (733-2447, Ext. 106)
Info@redchip.com
www.redchip.com
Thursday, May 29, 2008
RedChip's 2008 Small-Cap Investor Conference in San Francisco June 5th Will Feature CEO Presentations and First Ever Luxury Plug-In Hybrid
Thursday May 29, 10:00 am ET
Get a Firsthand Look At a Prototype of the Fisker Karma, the World's First Luxury Plug-in Hybrid by Fisker Automotive, an Affiliate of Quantum Fuel Systems Technologies Worldwide, Inc.
ORLANDO, Fla., May 29, 2008 (PRIME NEWSWIRE) -- RedChip Companies, Inc. announced today that the Fisker Karma, the first of its kind plug-in hybrid premium sports sedan created by Fisker Automotive, an affiliate of Quantum Fuel Systems Worldwide, Inc., will be showcased at the RedChip Small-Cap Investor Conference at the Palace Hotel in San Francisco, California, June 5, 2008, from 8 a.m. to 5 p.m. PDT. The conference will feature presentations by the CEOs and executive teams of numerous emerging small-cap companies, including Quantum.
The Karma is powered by Quantum's Q Drive advanced hybrid drive system, developed exclusively for Fisker Automotive by Quantum Fuel Systems Technologies Worldwide. Henrik Fisker, whose portfolio includes Aston Martin's DB9 and BMW's Z8 roadster, designed the Karma in aims of changing the face of the automotive industry.
The luxury sports sedan can be driven emission free for up to 50 miles per day on a full charge and can reach a top speed of 128 miles per hour and 0-60 in 5.8 seconds, providing eco-conscious drivers a way to ride in style without compromise on power. Venture capitalists such as Kleiner Perkins Caufield & Byers are involved and made a significant investment in Quantum's Fisker Automotive affiliate, as well as General Motors, who owns a 7% interest in Quantum. The Fisker Karma is being produced in Detroit, with the first cars expected for delivery in late 2009.
Other companies presenting at the conference include scientific pioneers RXi Pharmaceuticals Corp., founded by Nobel laureate Craig Mello, Ph.D., who received the 2006 Nobel Prize in Medicine with his colleague, Andrew Fire, Ph.D., for their groundbreaking research in RNA interference (RNAi); mining leaders Minco Silver Corp., a Canadian-based company developing what may be the largest silver mine in China; and India Globalization Capital, Inc., the only Indian infrastructure company currently trading in the United States.
RedChip investor conferences are a nationally known forum for emerging small-cap companies to present their stories before hundreds of retail brokers, institutional brokers, fund managers, portfolio managers, accredited investors, and research analysts whose disciplined focus towards the small-cap markets represents their core investment strategies.
The June 5th conference will include presentations by the following companies:
Quantum Fuel Systems Technologies Worldwide, Inc. (NasdaqGM:QTWW - News); Bridgeline Software, Inc. (NasdaqCM:BLSW - News); India Globalization Capital, Inc. (AMEX:IGC - News); EnterConnect Inc. (OTC BB:ECNI.OB - News); ERHC Energy Corp. (OTC BB:ERHE.OB - News); Anterra Energy, Inc. (Other OTC:ATERF); Argyle Security, Inc. (OTC BB:ARGL.OB - News); Cellcyte Genetics Corp. (OTC BB:CCYG.OB - News); NexGen Biofuels, Ltd. (OTC BB:NXGNF.OB - News); Worldwide Energy and Manufacturing USA, Inc. (OTC BB:WEMU.OB - News); UpSNAP, Inc. (OTC BB:UPSN.OB - News); Electro Energy, Inc. (NasdaqCM:EEEI - News); Organa Technologies Group, Inc. (Other OTC:OGNT.PK - News); Cubic Energy, Inc. (OTC BB:QBIK.OB - News); VidShadow, Inc. (Other OTC:VSHD.PK - News); Alternative Construction Technologies, Inc. (OTC BB: ACCY.OB); Minco Silver Corp. (Toronto:MSV.TO - News); Elephant Talk Communications, Inc. (OTC BB:ETLK.OB - News); GoldSpring, Inc. (OTC BB:GSPG.OB - News); Vector Intersect Security Acquisition Corp. and Cyalume Technologies, Inc. (OTC BB:VTRQ.OB - News); Vertical Branding, Inc. (OTC BB:VBDG.OB - News); ZAGG, Inc. (OTC BB:ZAGG.OB - News); ZBB Energy Corp. (AMEX:ZBB - News); GeoPharma, Inc. (NasdaqCM:GORX - News); Proxim Wireless Corp. (NasdaqCM:PRXM - News); RXi Pharmaceuticals Corp. (NasdaqCM:RXII - News); Aura Systems, Inc. (OTC BB:AUSI.OB - News); Modavox, Inc. (OTC BB:MDVX.OB - News); Urigen Pharmaceuticals, Inc. (OTC BB:URGP.OB - News); Golden West Brewing, Inc. (OTC BB:GWBC.OB - News); Microfield Group, Inc. (OTC BB:MICG.OB - News); VentriPoint Diagnostics Ltd. (Toronto:VPT.TO - News); CytRx Corp. (NasdaqCM:CYTR - News); Newtek Business Services, Inc. (NasdaqGM:NEWT - News); and more.
Sponsors of the event include Modavox, Inc.; Onstream Media (NasdaqCM:ONSM - News); Investor Village/Small-Cap Directory; Vintage Filings; Electro Energy, Inc.; and Sichenzia Ross Friedman Ference LLP.
The financial presentations by small-cap companies will feature industries such as biotechnology, alternative energy, oil and gas, consumer services, business services, manufacturing, laser technology, Internet software and services, media, and more.
Details on the event are available at http://www.redchip.com/visibility/conferencePages/SanFran2008/conferenceMain.asp.
Investors all over the world will be able to see and hear presenters at the conference in real time at http://www.redchip.com. Participating investors will have the opportunity to meet one-on-one with the CEOs of presenting companies.
The conference is free for pre-qualified financial professionals and accredited investors; there is a $150 entrance fee for all others. Space is limited; to register online, please visit: http://www.redchip.com/visibility/conferencePages/SanFran2008/conferenceMain.asp?page=attendees or call 1-800-RedChip (733-2447), Ext. 127.
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV(tm), and RedChip Radio(tm). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp. ``Discovering Tomorrow's Blue Chips Today''(tm)
The RedChip Companies Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Get a Firsthand Look At a Prototype of the Fisker Karma, the World's First Luxury Plug-in Hybrid by Fisker Automotive, an Affiliate of Quantum Fuel Systems Technologies Worldwide, Inc.
ORLANDO, Fla., May 29, 2008 (PRIME NEWSWIRE) -- RedChip Companies, Inc. announced today that the Fisker Karma, the first of its kind plug-in hybrid premium sports sedan created by Fisker Automotive, an affiliate of Quantum Fuel Systems Worldwide, Inc., will be showcased at the RedChip Small-Cap Investor Conference at the Palace Hotel in San Francisco, California, June 5, 2008, from 8 a.m. to 5 p.m. PDT. The conference will feature presentations by the CEOs and executive teams of numerous emerging small-cap companies, including Quantum.
The Karma is powered by Quantum's Q Drive advanced hybrid drive system, developed exclusively for Fisker Automotive by Quantum Fuel Systems Technologies Worldwide. Henrik Fisker, whose portfolio includes Aston Martin's DB9 and BMW's Z8 roadster, designed the Karma in aims of changing the face of the automotive industry.
The luxury sports sedan can be driven emission free for up to 50 miles per day on a full charge and can reach a top speed of 128 miles per hour and 0-60 in 5.8 seconds, providing eco-conscious drivers a way to ride in style without compromise on power. Venture capitalists such as Kleiner Perkins Caufield & Byers are involved and made a significant investment in Quantum's Fisker Automotive affiliate, as well as General Motors, who owns a 7% interest in Quantum. The Fisker Karma is being produced in Detroit, with the first cars expected for delivery in late 2009.
Other companies presenting at the conference include scientific pioneers RXi Pharmaceuticals Corp., founded by Nobel laureate Craig Mello, Ph.D., who received the 2006 Nobel Prize in Medicine with his colleague, Andrew Fire, Ph.D., for their groundbreaking research in RNA interference (RNAi); mining leaders Minco Silver Corp., a Canadian-based company developing what may be the largest silver mine in China; and India Globalization Capital, Inc., the only Indian infrastructure company currently trading in the United States.
RedChip investor conferences are a nationally known forum for emerging small-cap companies to present their stories before hundreds of retail brokers, institutional brokers, fund managers, portfolio managers, accredited investors, and research analysts whose disciplined focus towards the small-cap markets represents their core investment strategies.
The June 5th conference will include presentations by the following companies:
Quantum Fuel Systems Technologies Worldwide, Inc. (NasdaqGM:QTWW - News); Bridgeline Software, Inc. (NasdaqCM:BLSW - News); India Globalization Capital, Inc. (AMEX:IGC - News); EnterConnect Inc. (OTC BB:ECNI.OB - News); ERHC Energy Corp. (OTC BB:ERHE.OB - News); Anterra Energy, Inc. (Other OTC:ATERF); Argyle Security, Inc. (OTC BB:ARGL.OB - News); Cellcyte Genetics Corp. (OTC BB:CCYG.OB - News); NexGen Biofuels, Ltd. (OTC BB:NXGNF.OB - News); Worldwide Energy and Manufacturing USA, Inc. (OTC BB:WEMU.OB - News); UpSNAP, Inc. (OTC BB:UPSN.OB - News); Electro Energy, Inc. (NasdaqCM:EEEI - News); Organa Technologies Group, Inc. (Other OTC:OGNT.PK - News); Cubic Energy, Inc. (OTC BB:QBIK.OB - News); VidShadow, Inc. (Other OTC:VSHD.PK - News); Alternative Construction Technologies, Inc. (OTC BB: ACCY.OB); Minco Silver Corp. (Toronto:MSV.TO - News); Elephant Talk Communications, Inc. (OTC BB:ETLK.OB - News); GoldSpring, Inc. (OTC BB:GSPG.OB - News); Vector Intersect Security Acquisition Corp. and Cyalume Technologies, Inc. (OTC BB:VTRQ.OB - News); Vertical Branding, Inc. (OTC BB:VBDG.OB - News); ZAGG, Inc. (OTC BB:ZAGG.OB - News); ZBB Energy Corp. (AMEX:ZBB - News); GeoPharma, Inc. (NasdaqCM:GORX - News); Proxim Wireless Corp. (NasdaqCM:PRXM - News); RXi Pharmaceuticals Corp. (NasdaqCM:RXII - News); Aura Systems, Inc. (OTC BB:AUSI.OB - News); Modavox, Inc. (OTC BB:MDVX.OB - News); Urigen Pharmaceuticals, Inc. (OTC BB:URGP.OB - News); Golden West Brewing, Inc. (OTC BB:GWBC.OB - News); Microfield Group, Inc. (OTC BB:MICG.OB - News); VentriPoint Diagnostics Ltd. (Toronto:VPT.TO - News); CytRx Corp. (NasdaqCM:CYTR - News); Newtek Business Services, Inc. (NasdaqGM:NEWT - News); and more.
Sponsors of the event include Modavox, Inc.; Onstream Media (NasdaqCM:ONSM - News); Investor Village/Small-Cap Directory; Vintage Filings; Electro Energy, Inc.; and Sichenzia Ross Friedman Ference LLP.
The financial presentations by small-cap companies will feature industries such as biotechnology, alternative energy, oil and gas, consumer services, business services, manufacturing, laser technology, Internet software and services, media, and more.
Details on the event are available at http://www.redchip.com/visibility/conferencePages/SanFran2008/conferenceMain.asp.
Investors all over the world will be able to see and hear presenters at the conference in real time at http://www.redchip.com. Participating investors will have the opportunity to meet one-on-one with the CEOs of presenting companies.
The conference is free for pre-qualified financial professionals and accredited investors; there is a $150 entrance fee for all others. Space is limited; to register online, please visit: http://www.redchip.com/visibility/conferencePages/SanFran2008/conferenceMain.asp?page=attendees or call 1-800-RedChip (733-2447), Ext. 127.
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV(tm), and RedChip Radio(tm). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp. ``Discovering Tomorrow's Blue Chips Today''(tm)
The RedChip Companies Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
West Canyon Energy Corp. Provides Operational Update and Progress Report on Colombian Properties
Thursday May 29, 9:00 am ET
HOUSTON--(BUSINESS WIRE)--West Canyon Energy Corp. (OTC BB: WCYO.OB) is pleased to provide an operational update on recent progress the company has made in its Colombian corporate and exploration activities.
West Canyon Energy experienced a number of important developments within the last quarter, as well as developing a strategy for their Colombian prospects for the calendar year 2008.
Buenavista Block, Bolivar Field ? Bogota, Colombia
West Canyon holds a 16% participation interest in the Buenavista Block which is a 25,000 acre contiguous land parcel northeast of Bogota containing the currently producing Bolivar Field. Partnered with UTO (the block operator) and Australian Infinity, West Canyon participated based on potential of the Bolivar Field which represents potential reserves of 2.95 MMBO.
The Company is currently producing 100 BOPD from the Bolivar-1 well which is currently undergoing testing with plans for a future workover. A well was drilled in Q4 2007 but did not present itself to be commercially viable. West Canyon is currently scheduled to shoot 50km of 3D seismic to gather information for a future well in a better location on the block. The Company is obligated to drill another well before the end of 2008, while the seismic program may give the right to alter the obligation timing.
Juan Carlos Robles, President and CEO of West Canyon Energy, said: "We?ve already begun to implement our strategy in the Buenavista Block and look to continue it throughout 2008. We believe that our new 3D seismic program will better ensure that we maximize the productivity of our holdings.The Bolivar Field holds potential, of which we look to further develop and exploit with our partners within this block."
Talora Block ? Bogota, Colombia
West Canyon Energy holds a 20% participation interest in the Talora Block, which is a 108,333 acre contiguous parcel of land. Located just southwest of Bogota, Colombia, the parcel contains five prospects with combined potential reserves of 209 MMBO.
Brazil?s state-owned Petrobras has operated the Guando field just southwest of the Talora Block since 2002. By 2006, 70 producing wells had been drilled in the field yielding 33,000 barrels of oil per day (BOPD).
Between January and May, 2008, West Canyon and its partners drilled a well to the depth of 5,500 feet. The Manatial 1-R-ST1 well did not prove to be commercially viable. The Company is scheduled to drill another well in the region by the end of 2008 to meet its obligation.
Juan Carlos Robles, President and CEO of West Canyon Energy, states: "Our team is pleased with our position in the Talora Block. Judging by the success of other companies in the area, we maintain that this block has future production value that we hope to explore and develop further."
Carbonera Block, Catatumbo Basin ? Bogota, Colombia
West Canyon holds a 6% participation interest in a 64,000 acre block located northeast of Bogota near the Venezuelan border. Operating the contract is Well Logging Ltd., which will add three exploration wells over the next few years. Located in the Cataumbo Basin, the Carbonera Block represents potential recoverable reserves of 60 BCF of natural gas and 17.6 million barrels (MMBL) of condensate.
On the block is the Cerro Gordo-1 Well which proved productive after Well Logging Ltd. re-entered the original well that was drilled and abandoned by Texaco in 1989. Flow tests provided rates of 4.0 million cubic feet of gas per day (MMCF/day) and 60 BBL/day.
The Company has hired a crew to conduct 70km2 of 3D seismic, fulfilling an obligation to retain the block. Locations for future drilling activity will be determined upon receipt of the results of the 3D seismic acquisition.
Juan Carlos Robles, President and CEO of West Canyon Energy, commented, "We like our position in the Carbonera Block. We believe there are at least another three (3) exploration wells over the next few years for us to add to our existing drilling program, thus further enhancing Shareholder value. We anticipate that the new 3D seismic on the block will aid us in selecting the sites for those future wells."
Further Information
Please feel free to call investor relations toll-free at 1-888-977-6884 to receive a full corporate investor's package.
About West Canyon Energy Corp.
West Canyon Energy Corp. is a publicly traded independent oil and gas exploration company with headquarters in Houston, Texas. West Canyon Energy aims to secure and develop a portfolio of oil and gas properties in Colombia and the continental U.S. with proven producers and operators. West Canyon Energy trades on the NASD OTC BB under the ticker symbol: WCYO - "West Canyon Energy Corp., working for production of oil and gas properties throughout America.?
On behalf of the Board
Fred B. Zaziski, Chairman
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that West Canyon Energy Corp. can identify and successfully negotiate leases for oil and gas properties in Colombia and that the Company can participate in the exploration of those properties. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
HOUSTON--(BUSINESS WIRE)--West Canyon Energy Corp. (OTC BB: WCYO.OB) is pleased to provide an operational update on recent progress the company has made in its Colombian corporate and exploration activities.
West Canyon Energy experienced a number of important developments within the last quarter, as well as developing a strategy for their Colombian prospects for the calendar year 2008.
Buenavista Block, Bolivar Field ? Bogota, Colombia
West Canyon holds a 16% participation interest in the Buenavista Block which is a 25,000 acre contiguous land parcel northeast of Bogota containing the currently producing Bolivar Field. Partnered with UTO (the block operator) and Australian Infinity, West Canyon participated based on potential of the Bolivar Field which represents potential reserves of 2.95 MMBO.
The Company is currently producing 100 BOPD from the Bolivar-1 well which is currently undergoing testing with plans for a future workover. A well was drilled in Q4 2007 but did not present itself to be commercially viable. West Canyon is currently scheduled to shoot 50km of 3D seismic to gather information for a future well in a better location on the block. The Company is obligated to drill another well before the end of 2008, while the seismic program may give the right to alter the obligation timing.
Juan Carlos Robles, President and CEO of West Canyon Energy, said: "We?ve already begun to implement our strategy in the Buenavista Block and look to continue it throughout 2008. We believe that our new 3D seismic program will better ensure that we maximize the productivity of our holdings.The Bolivar Field holds potential, of which we look to further develop and exploit with our partners within this block."
Talora Block ? Bogota, Colombia
West Canyon Energy holds a 20% participation interest in the Talora Block, which is a 108,333 acre contiguous parcel of land. Located just southwest of Bogota, Colombia, the parcel contains five prospects with combined potential reserves of 209 MMBO.
Brazil?s state-owned Petrobras has operated the Guando field just southwest of the Talora Block since 2002. By 2006, 70 producing wells had been drilled in the field yielding 33,000 barrels of oil per day (BOPD).
Between January and May, 2008, West Canyon and its partners drilled a well to the depth of 5,500 feet. The Manatial 1-R-ST1 well did not prove to be commercially viable. The Company is scheduled to drill another well in the region by the end of 2008 to meet its obligation.
Juan Carlos Robles, President and CEO of West Canyon Energy, states: "Our team is pleased with our position in the Talora Block. Judging by the success of other companies in the area, we maintain that this block has future production value that we hope to explore and develop further."
Carbonera Block, Catatumbo Basin ? Bogota, Colombia
West Canyon holds a 6% participation interest in a 64,000 acre block located northeast of Bogota near the Venezuelan border. Operating the contract is Well Logging Ltd., which will add three exploration wells over the next few years. Located in the Cataumbo Basin, the Carbonera Block represents potential recoverable reserves of 60 BCF of natural gas and 17.6 million barrels (MMBL) of condensate.
On the block is the Cerro Gordo-1 Well which proved productive after Well Logging Ltd. re-entered the original well that was drilled and abandoned by Texaco in 1989. Flow tests provided rates of 4.0 million cubic feet of gas per day (MMCF/day) and 60 BBL/day.
The Company has hired a crew to conduct 70km2 of 3D seismic, fulfilling an obligation to retain the block. Locations for future drilling activity will be determined upon receipt of the results of the 3D seismic acquisition.
Juan Carlos Robles, President and CEO of West Canyon Energy, commented, "We like our position in the Carbonera Block. We believe there are at least another three (3) exploration wells over the next few years for us to add to our existing drilling program, thus further enhancing Shareholder value. We anticipate that the new 3D seismic on the block will aid us in selecting the sites for those future wells."
Further Information
Please feel free to call investor relations toll-free at 1-888-977-6884 to receive a full corporate investor's package.
About West Canyon Energy Corp.
West Canyon Energy Corp. is a publicly traded independent oil and gas exploration company with headquarters in Houston, Texas. West Canyon Energy aims to secure and develop a portfolio of oil and gas properties in Colombia and the continental U.S. with proven producers and operators. West Canyon Energy trades on the NASD OTC BB under the ticker symbol: WCYO - "West Canyon Energy Corp., working for production of oil and gas properties throughout America.?
On behalf of the Board
Fred B. Zaziski, Chairman
Forward-Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company's belief that West Canyon Energy Corp. can identify and successfully negotiate leases for oil and gas properties in Colombia and that the Company can participate in the exploration of those properties. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Changing Times Vitamins Selects Bob O'Leary Health Food Distributor Co. as Its Worldwide Distributor of RecoveryX
Thursday May 29, 8:30 am ET
SCOTTSDALE, AZ--(MARKET WIRE)--May 29, 2008 -- Changing Times Vitamins, Inc. (CTV) announced today that it has reached an agreement whereby Bob O'Leary Health Food Distributors will be its worldwide distributor of RecoveryX.
Bob O'Leary Health Food Distributor Co., Inc., trading as Bob O'Leary Sport Science (BOSS), is a leading multi-national distributor of Sport Nutrition Products, Dietary Supplements, and Performance Beverages. It is a wholly owned subsidiary of Geopharma, Inc. (NasdaqCM: GORX), with distribution centers in: Scranton, PA / Cranston, RI / Henderson, NV / Dallas, TX & Largo, FL.
BOSS distributes products through top retail stores, chains, health clubs, and gyms -- including GNC and Gold's Gyms -- throughout North America and Europe and has been a leader in the Sport Nutrition industry for over 30 years.
Joseph Mies, COO of BOSS, stated, "I'm very excited to be involved with a product in the 'new recovery sector' with clinical trials to back it up. I believe the combination of RecoveryX and BOSS will be a great working relationship for everyone involved."
Howard R. Baer, President of CTV, said, "I'm thrilled to have one of the top distributors in the field representing us with RecoveryX. Our exciting new product has received outstanding preliminary comments from early users -- including several of the World's Strongman Competition participants. Based on our belief in RecoveryX, and the outstanding client base and multiple years of high achievement by BOSS, we think it could be a major overnight success."
RecoveryX is a product for athletes and active people that need fast recovery from workouts or daily routines. The product can be used during an exercise regimen to assist in a rapid recovery from inflammation and soreness… greatly speeding the process. RecoveryX contains ProAlgaZyme (PAZ), an algae derivative that has been through extensive clinical trials and testing. PAZ is a patent-pending product licensed to CTV by Health Enhancement Products, Inc. (OTC BB:HEPI.OB - News).
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
SCOTTSDALE, AZ--(MARKET WIRE)--May 29, 2008 -- Changing Times Vitamins, Inc. (CTV) announced today that it has reached an agreement whereby Bob O'Leary Health Food Distributors will be its worldwide distributor of RecoveryX.
Bob O'Leary Health Food Distributor Co., Inc., trading as Bob O'Leary Sport Science (BOSS), is a leading multi-national distributor of Sport Nutrition Products, Dietary Supplements, and Performance Beverages. It is a wholly owned subsidiary of Geopharma, Inc. (NasdaqCM: GORX), with distribution centers in: Scranton, PA / Cranston, RI / Henderson, NV / Dallas, TX & Largo, FL.
BOSS distributes products through top retail stores, chains, health clubs, and gyms -- including GNC and Gold's Gyms -- throughout North America and Europe and has been a leader in the Sport Nutrition industry for over 30 years.
Joseph Mies, COO of BOSS, stated, "I'm very excited to be involved with a product in the 'new recovery sector' with clinical trials to back it up. I believe the combination of RecoveryX and BOSS will be a great working relationship for everyone involved."
Howard R. Baer, President of CTV, said, "I'm thrilled to have one of the top distributors in the field representing us with RecoveryX. Our exciting new product has received outstanding preliminary comments from early users -- including several of the World's Strongman Competition participants. Based on our belief in RecoveryX, and the outstanding client base and multiple years of high achievement by BOSS, we think it could be a major overnight success."
RecoveryX is a product for athletes and active people that need fast recovery from workouts or daily routines. The product can be used during an exercise regimen to assist in a rapid recovery from inflammation and soreness… greatly speeding the process. RecoveryX contains ProAlgaZyme (PAZ), an algae derivative that has been through extensive clinical trials and testing. PAZ is a patent-pending product licensed to CTV by Health Enhancement Products, Inc. (OTC BB:HEPI.OB - News).
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Steaming Operations Commence on Rock Energy's Orcutt Diatomite Project in Santa Barbara County, California
Thursday May 29, 8:30 am ET
Internal Proved Reserve Estimates for Orcutt Diatomite Total 26.6 Million Barrels and 10% Net Present Value of $677 Million
HOUSTON, May 29 /PRNewswire-FirstCall/ -- Rock Energy Resources, Inc. (OTC BB: RCKE.OB), an independent domestic oil and natural gas company, is pleased to announce that steam recovery operations have commenced on its significant and established resource base of reserves in the shallow Opal A Diatomite formation in the Orcutt field.
The Orcutt field comprises a 4,000 acre leasehold - 800 proven acres and 400+ probable/possible acres - with an estimated 1.2 billion barrels of oil in place in the proven area of the Diatomite project.
Rocky Emery, Rock Energy Resources' CEO, stated, "Development of the Orcutt Diatomite is a top priority for our Company, so we are extremely pleased with the rapid progress we have made to date in moving this project forward. We are equally encouraged by the production performance being exhibited by other analogous Diatomite projects in Central California - some of which we understand are enjoying cyclic steam recovery rates of 30-35%. Our estimates assume only 20%."
Diatomite is a shallow formation (from surface down to 2,000 feet) with porosity ranging from 50-70 percent and oil saturations in excess of 50 percent. Major E&P companies have been averaging 30% cyclical steam recovery in an analogous Diatomite field in Kern County for nearly a decade, with production now exceeding an average of 100,000+ barrels of oil per day (BOPD).
These steaming operations will focus initially on three Diatomite well completions, with results expected within the next 90 days. Based on Rock Energy's internal estimates, full development of Orcutt's 800 proven acres, assuming Rock Energy earns its full 20% working interest, would represent 26.6 million barrels of proven undeveloped oil; future net revenues of $1.85 billion; and net present value (PV10 analysis) of $676.9 million. These estimates contemplate a full scale drilling program providing for a total of 1200 well sites, and are based on a per barrel price of $100 flat over the anticipated life of the resource base; current oil prices comfortably exceed those estimates.
Emery further noted, "These estimated reserves and values are over and above production we expect from the Orcutt Monterey formation. Moreover, they do not take into consideration any future delineation drilling programs that we may undertake to expand the boundaries of our proven resource base."
Rock Energy currently owns a 4.54% working interest (and can earn up to a 20% working interest) in the Orcutt project, and has an option to acquire up to 20% of the N.W. Casmalia project, which encompasses an additional 8,000 acres. A combined internal estimate of oil in place for the two projects is 2.5 billion barrels. In addition to its world class Diatomite assets, the Company is also engaged in producing from the Monterey formation in Orcutt, which according to a recent Gaffney, Cline audit, has proved, probable and possible (3P) reserves estimated at $93.2 million in future net revenues and approximately $40 million in net present value (PV10 analysis).
"Looking towards the end of the year, additional value accretion and cash flow from our Casmalia Diatomite operations could prove as significant, if not more so, than Orcutt. Consequently, our outlook for Rock Energy is one defined by great enthusiasm and confidence in our ability to execute, and execute well," concluded Emery.
About Rock Energy Resources, Inc.
Originally formed in April of 2004 as Rock Energy Partners LP, Rock Energy Resources, Inc. is an independent oil and gas company based in Houston, Texas. The Company is engaged in the exploration, drilling and recovery of onshore natural gas and crude oil resources using cutting-edge 3D technologies. Rock Energy currently produces and sells natural gas and crude oil from two locations: the Wilcox trend in Colorado County, Texas and the Monterey Formation in Santa Barbara County, California. For more information on the Company, please visit www.rockenergypartners.com .
Safe Harbor Forward-Looking Statements
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made herein are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Rock Energy Resources, Inc., and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Internal Proved Reserve Estimates for Orcutt Diatomite Total 26.6 Million Barrels and 10% Net Present Value of $677 Million
HOUSTON, May 29 /PRNewswire-FirstCall/ -- Rock Energy Resources, Inc. (OTC BB: RCKE.OB), an independent domestic oil and natural gas company, is pleased to announce that steam recovery operations have commenced on its significant and established resource base of reserves in the shallow Opal A Diatomite formation in the Orcutt field.
The Orcutt field comprises a 4,000 acre leasehold - 800 proven acres and 400+ probable/possible acres - with an estimated 1.2 billion barrels of oil in place in the proven area of the Diatomite project.
Rocky Emery, Rock Energy Resources' CEO, stated, "Development of the Orcutt Diatomite is a top priority for our Company, so we are extremely pleased with the rapid progress we have made to date in moving this project forward. We are equally encouraged by the production performance being exhibited by other analogous Diatomite projects in Central California - some of which we understand are enjoying cyclic steam recovery rates of 30-35%. Our estimates assume only 20%."
Diatomite is a shallow formation (from surface down to 2,000 feet) with porosity ranging from 50-70 percent and oil saturations in excess of 50 percent. Major E&P companies have been averaging 30% cyclical steam recovery in an analogous Diatomite field in Kern County for nearly a decade, with production now exceeding an average of 100,000+ barrels of oil per day (BOPD).
These steaming operations will focus initially on three Diatomite well completions, with results expected within the next 90 days. Based on Rock Energy's internal estimates, full development of Orcutt's 800 proven acres, assuming Rock Energy earns its full 20% working interest, would represent 26.6 million barrels of proven undeveloped oil; future net revenues of $1.85 billion; and net present value (PV10 analysis) of $676.9 million. These estimates contemplate a full scale drilling program providing for a total of 1200 well sites, and are based on a per barrel price of $100 flat over the anticipated life of the resource base; current oil prices comfortably exceed those estimates.
Emery further noted, "These estimated reserves and values are over and above production we expect from the Orcutt Monterey formation. Moreover, they do not take into consideration any future delineation drilling programs that we may undertake to expand the boundaries of our proven resource base."
Rock Energy currently owns a 4.54% working interest (and can earn up to a 20% working interest) in the Orcutt project, and has an option to acquire up to 20% of the N.W. Casmalia project, which encompasses an additional 8,000 acres. A combined internal estimate of oil in place for the two projects is 2.5 billion barrels. In addition to its world class Diatomite assets, the Company is also engaged in producing from the Monterey formation in Orcutt, which according to a recent Gaffney, Cline audit, has proved, probable and possible (3P) reserves estimated at $93.2 million in future net revenues and approximately $40 million in net present value (PV10 analysis).
"Looking towards the end of the year, additional value accretion and cash flow from our Casmalia Diatomite operations could prove as significant, if not more so, than Orcutt. Consequently, our outlook for Rock Energy is one defined by great enthusiasm and confidence in our ability to execute, and execute well," concluded Emery.
About Rock Energy Resources, Inc.
Originally formed in April of 2004 as Rock Energy Partners LP, Rock Energy Resources, Inc. is an independent oil and gas company based in Houston, Texas. The Company is engaged in the exploration, drilling and recovery of onshore natural gas and crude oil resources using cutting-edge 3D technologies. Rock Energy currently produces and sells natural gas and crude oil from two locations: the Wilcox trend in Colorado County, Texas and the Monterey Formation in Santa Barbara County, California. For more information on the Company, please visit www.rockenergypartners.com .
Safe Harbor Forward-Looking Statements
Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made herein are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Rock Energy Resources, Inc., and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Vidshadow, Inc. Announces New Ticker Symbol and Reverse Stock Split
Wednesday May 28, 1:15 pm ET
PLACENTIA, Calif., May 28 /PRNewswire-FirstCall/ -- Vidshadow, Inc. (Pink Sheets: VSDW - News), a leading distributor of online video content and in-stream advertising, announced that effective at the open of today, its new ticker symbol will be "VSHD" replacing the former ticker symbol "VSDW". This ticker symbol change corresponds with the decision by Vidshadow, Inc.'s Board of Directors and a majority of its stockholders to approve a reverse stock split of the issued and outstanding shares of common stock of Vidshadow, Inc. at a ratio of 1-for-1.1459.
As a result of the reverse stock split, every 1.1459 shares of Vidshadow, Inc.'s common stock will be combined into 1 share of common stock. No fractional shares will be issued as a result of the reverse stock split. Instead, each shareholder otherwise entitled to a fractional share interest as a result of the reverse stock split will be entitled to receive a full share in lieu of any such fractional interest.
About Vidshadow
Based in Orange County, CA, Vidshadow, Inc. is one of the Internet's fastest-growing video distribution networks providing solutions to advertisers, content providers, and affiliate web sites. Vidshadow, Inc. offers advanced streaming video technologies for consumers and corporate enterprises to leverage for increased monetization and expanded brand reach. For more information, please visit http://www.Vidshadow.com.
Forward-Looking Statements
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company's control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Vidshadow, Inc. undertakes no obligation to update publicly any forward-looking statements.
Company Contact:
5W Public Relations for Vidshadow, Inc.
Carlos Moreno, 212-584-4392
cmoreno@5wpr.com
or
Investor Relations:
RedChip Companies Inc.
Jon Cunningham, 1-800-REDCHIP (733-2447, Ext. 107)
info@redchip.com
http://www.redchip.com
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
PLACENTIA, Calif., May 28 /PRNewswire-FirstCall/ -- Vidshadow, Inc. (Pink Sheets: VSDW - News), a leading distributor of online video content and in-stream advertising, announced that effective at the open of today, its new ticker symbol will be "VSHD" replacing the former ticker symbol "VSDW". This ticker symbol change corresponds with the decision by Vidshadow, Inc.'s Board of Directors and a majority of its stockholders to approve a reverse stock split of the issued and outstanding shares of common stock of Vidshadow, Inc. at a ratio of 1-for-1.1459.
As a result of the reverse stock split, every 1.1459 shares of Vidshadow, Inc.'s common stock will be combined into 1 share of common stock. No fractional shares will be issued as a result of the reverse stock split. Instead, each shareholder otherwise entitled to a fractional share interest as a result of the reverse stock split will be entitled to receive a full share in lieu of any such fractional interest.
About Vidshadow
Based in Orange County, CA, Vidshadow, Inc. is one of the Internet's fastest-growing video distribution networks providing solutions to advertisers, content providers, and affiliate web sites. Vidshadow, Inc. offers advanced streaming video technologies for consumers and corporate enterprises to leverage for increased monetization and expanded brand reach. For more information, please visit http://www.Vidshadow.com.
Forward-Looking Statements
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company's control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Vidshadow, Inc. undertakes no obligation to update publicly any forward-looking statements.
Company Contact:
5W Public Relations for Vidshadow, Inc.
Carlos Moreno, 212-584-4392
cmoreno@5wpr.com
or
Investor Relations:
RedChip Companies Inc.
Jon Cunningham, 1-800-REDCHIP (733-2447, Ext. 107)
info@redchip.com
http://www.redchip.com
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
ZAGG Inc Wins Social Media Contest, Awarded Campaign Valued at $50,000
Wednesday May 28, 12:52 pm ET
SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc (OTC BB: ZAGG.OB), a leading producer of clear, scratch-proof protective coverings under the brand name invisibleSHIELD? and other electronic accessories, leveraged its in-depth understanding of new media to win an interactive contest, launched in conjunction with ad:tech San Francisco. As the winner, ZAGG was awarded a social media campaign valued at $50,000 from vSocial, a leading white label, social media platform that integrates video, social sharing, community tools and user-generated content.
The contest called for entrants to upload a video or photo essay providing their answer to the question: "What does Social Media Marketing Mean to You?" Participants were then encouraged to demonstrate their understanding of social media by utilizing this strategy to turn their submission into a successful viral campaign, a marketing tactic ZAGG has implemented previously to promote their flagship product, the invisibleSHIELD. ZAGG?s submission received over 350 comments to become the winning video.
Featuring ZAGG?s Internet Marketing Manager, Cameron Gibbs, the company?s entry credits social media as a vital contributor to the invisibleSHIELD?s current brand recognition. Their success in social media has been due in part to the visually compelling tests ZAGG has been posting on YouTube that demonstrate the invisibleSHIELD?s durability and military-grade strength. With 17 videos receiving over 1.5 million views and 1,700-plus comments, ZAGG has leveraged this medium to communicate key product messaging to a diverse demographic. Examples include the ?invisibleSHIELD Strength Test? video, in which the material, only two-tenths of a millimeter thick, is shown supporting 1,000 pounds of free weights. Another popular video, titled ?How to Weedwack Your iPod Nano,? proves that the invisibleSHIELD is scratch-proof, even against a motorized weedwacker.
?Winning this award reflects ZAGG?s innovative and cutting-edge approach towards marketing,? said Robert G. Pedersen II, President and CEO of ZAGG Inc. ?Strategies including social media and viral tools such as this contest generate successful word-of-mouth campaigns and have tremendous impact on our company?s bottom line.?
?This promotion is a prime example of the power of social media marketing tools and user-generated content to enable successful promotions,? said Michael McMahon, CEO of vSocial.
The invisibleSHIELD by ZAGG offers consumers a scratch-free world with over 2,500 precision cut designs, backed by lifetime warranty. For more information, please visit www.invisibleSHIELD.com.
About ZAGG
ZAGG Inc designs, manufactures, and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG?s flagship brand, the invisibleSHIELD, is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD application is the first scratch protection solution of its kind on the market, and has sold over one million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries. For more information please visit the company?s web site at www.ZAGG.com.
About vSocial
vSocial is a social media platform which enables marketers to integrate social media marketing tools and user-generated digital content into marketing promotions. vSocial?s hosted white-label service provides brands and agencies with over 200 available features that allow marketers to create advanced, private social networks with administrative control and engagement reporting. vSocial has powered promotions by companies such as UPS, Fosters, Vespa and Ford.
Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually," or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in filings made by the company with the Securities and Exchange Commission.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc (OTC BB: ZAGG.OB), a leading producer of clear, scratch-proof protective coverings under the brand name invisibleSHIELD? and other electronic accessories, leveraged its in-depth understanding of new media to win an interactive contest, launched in conjunction with ad:tech San Francisco. As the winner, ZAGG was awarded a social media campaign valued at $50,000 from vSocial, a leading white label, social media platform that integrates video, social sharing, community tools and user-generated content.
The contest called for entrants to upload a video or photo essay providing their answer to the question: "What does Social Media Marketing Mean to You?" Participants were then encouraged to demonstrate their understanding of social media by utilizing this strategy to turn their submission into a successful viral campaign, a marketing tactic ZAGG has implemented previously to promote their flagship product, the invisibleSHIELD. ZAGG?s submission received over 350 comments to become the winning video.
Featuring ZAGG?s Internet Marketing Manager, Cameron Gibbs, the company?s entry credits social media as a vital contributor to the invisibleSHIELD?s current brand recognition. Their success in social media has been due in part to the visually compelling tests ZAGG has been posting on YouTube that demonstrate the invisibleSHIELD?s durability and military-grade strength. With 17 videos receiving over 1.5 million views and 1,700-plus comments, ZAGG has leveraged this medium to communicate key product messaging to a diverse demographic. Examples include the ?invisibleSHIELD Strength Test? video, in which the material, only two-tenths of a millimeter thick, is shown supporting 1,000 pounds of free weights. Another popular video, titled ?How to Weedwack Your iPod Nano,? proves that the invisibleSHIELD is scratch-proof, even against a motorized weedwacker.
?Winning this award reflects ZAGG?s innovative and cutting-edge approach towards marketing,? said Robert G. Pedersen II, President and CEO of ZAGG Inc. ?Strategies including social media and viral tools such as this contest generate successful word-of-mouth campaigns and have tremendous impact on our company?s bottom line.?
?This promotion is a prime example of the power of social media marketing tools and user-generated content to enable successful promotions,? said Michael McMahon, CEO of vSocial.
The invisibleSHIELD by ZAGG offers consumers a scratch-free world with over 2,500 precision cut designs, backed by lifetime warranty. For more information, please visit www.invisibleSHIELD.com.
About ZAGG
ZAGG Inc designs, manufactures, and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG?s flagship brand, the invisibleSHIELD, is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD application is the first scratch protection solution of its kind on the market, and has sold over one million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries. For more information please visit the company?s web site at www.ZAGG.com.
About vSocial
vSocial is a social media platform which enables marketers to integrate social media marketing tools and user-generated digital content into marketing promotions. vSocial?s hosted white-label service provides brands and agencies with over 200 available features that allow marketers to create advanced, private social networks with administrative control and engagement reporting. vSocial has powered promotions by companies such as UPS, Fosters, Vespa and Ford.
Safe Harbor Statement
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually," or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in filings made by the company with the Securities and Exchange Commission.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Cubic Energy, Inc. to Present At RedChip Small-Cap Investor Conference
Wednesday May 28, 11:35 am ET
DALLAS, May 28, 2008 (PRIME NEWSWIRE) -- Cubic Energy, Inc. (OTC BB: QBIK.OB) announces today that the Company's President & CEO, Calvin Wallen III, will present at the RedChip Small-Cap Investor Conference in San Francisco, California at The Palace Hotel on Thursday, June 5, 2008.
Cubic Energy, Inc. is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas. The Company's oil and gas assets and activity are concentrated primarily in Texas and Louisiana.
The Cubic Energy logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=1243
This press release includes statements, which may constitute ``forward-looking'' statements, usually containing the words ``believe,'' ``estimate,'' ``project,'' ``expect,'' or similar expressions. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, future trends in mineral prices, the availability of capital for development of mineral projects and other projects, dependency on pipelines in which to sell the Company's natural gas it produces, reliance on third party contractors to aid in developing the production infrastructure and in the performance of well completion work, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revision or changes after the date of this release. There can be no assurance that any future activities and/or transactions mentioned in this press release will occur as planned. Cubic can not guarantee any level of production from its wells.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
DALLAS, May 28, 2008 (PRIME NEWSWIRE) -- Cubic Energy, Inc. (OTC BB: QBIK.OB) announces today that the Company's President & CEO, Calvin Wallen III, will present at the RedChip Small-Cap Investor Conference in San Francisco, California at The Palace Hotel on Thursday, June 5, 2008.
Cubic Energy, Inc. is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas. The Company's oil and gas assets and activity are concentrated primarily in Texas and Louisiana.
The Cubic Energy logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=1243
This press release includes statements, which may constitute ``forward-looking'' statements, usually containing the words ``believe,'' ``estimate,'' ``project,'' ``expect,'' or similar expressions. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, future trends in mineral prices, the availability of capital for development of mineral projects and other projects, dependency on pipelines in which to sell the Company's natural gas it produces, reliance on third party contractors to aid in developing the production infrastructure and in the performance of well completion work, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revision or changes after the date of this release. There can be no assurance that any future activities and/or transactions mentioned in this press release will occur as planned. Cubic can not guarantee any level of production from its wells.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
Wednesday, May 28, 2008
RedChip Visibility Issues First Quarter 2008 Research Update on Pressure BioSciences
ORLANDO, Fla., May 28, 2008 — (PRIME NEWSWIRE) — RedChip Visibility, a division of RedChip Companies, Inc. has issued a first quarter 2008 research update on Pressure BioSciences, Inc. (NASDAQ: PBIO), a life sciences company focusing exclusively on the development and commercialization of pressure cycling technology (PCT), which has multiple applications, including genomic and proteomic sample preparation, pathogen inactivation, the control of chemical reactions (particularly enzymes), immunodiagnostics, protein purification, and food safety.
Harry Russell, MBA, RedChip Research Analyst wrote in the report:
“Given the expansion of PBIO’s sales force, which now stands at seven people, and the timing associated with an average sale cycle (3–18 months with an average of 6 months), we expect an acceleration of both overall placements and consumable use going forward in 2008.”
“Currently, the lion’s share of placed devices is in the form of the Barocycler NEP 3229, which carries a higher sale price and should drive higher consumable use versus the Barocycler 2320. Going forward, we expect this placement mix to shift as smaller labs will be more prone to buy a less expensive, more portable device. However, we also expect this to have an impact on both the number of devices rented/leased versus those sold and the average number of months in the sale cycle. This shift, coupled with a meaningful expansion of the sales force through 2009 and beyond, should drive the number of placed devices and the amount of average PULSE tube usage per device,” Russell continued.
“We are reiterating our ‘Speculative Buy’ rating on PBIO with a 12-month price target of $8.50,” he concluded.
To receive a complimentary copy of the RedChip Visibility 1Q08 Research Report for PBIO, please visit:
http://www.redchip.com/visibility/about.asp?page=vreport&reportid=109&from=05282008pr
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV™, and RedChip Radio™. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp
“Discovering Tomorrow’s Blue Chips Today”™
Disclosure
None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. Pressure BioSciences, Inc., paid RedChip Visibility, a division of RedChip Companies, Inc., $28,000 for RedChip Visibility Program services, which included the preparation of this equity research report. To the fullest extent permissible under applicable law, RedChip Companies, Inc., will not be liable to you or anyone else for the quality, accuracy, completeness, reliability, or timeliness of this information.
Contact:
RedChip Companies, Inc.
1-800-RED-CHIP (733-2447), Ext. 106
Info@RedChip
www.redchip.com
Harry Russell, MBA, RedChip Research Analyst wrote in the report:
“Given the expansion of PBIO’s sales force, which now stands at seven people, and the timing associated with an average sale cycle (3–18 months with an average of 6 months), we expect an acceleration of both overall placements and consumable use going forward in 2008.”
“Currently, the lion’s share of placed devices is in the form of the Barocycler NEP 3229, which carries a higher sale price and should drive higher consumable use versus the Barocycler 2320. Going forward, we expect this placement mix to shift as smaller labs will be more prone to buy a less expensive, more portable device. However, we also expect this to have an impact on both the number of devices rented/leased versus those sold and the average number of months in the sale cycle. This shift, coupled with a meaningful expansion of the sales force through 2009 and beyond, should drive the number of placed devices and the amount of average PULSE tube usage per device,” Russell continued.
“We are reiterating our ‘Speculative Buy’ rating on PBIO with a 12-month price target of $8.50,” he concluded.
To receive a complimentary copy of the RedChip Visibility 1Q08 Research Report for PBIO, please visit:
http://www.redchip.com/visibility/about.asp?page=vreport&reportid=109&from=05282008pr
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm with offices in Maitland, Florida; Bangalore, India; and Beijing, with affiliates in New York and San Diego. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Internet TV™, and RedChip Radio™. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp
“Discovering Tomorrow’s Blue Chips Today”™
Disclosure
None of the profiles issued by RedChip Companies, Inc., constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. Pressure BioSciences, Inc., paid RedChip Visibility, a division of RedChip Companies, Inc., $28,000 for RedChip Visibility Program services, which included the preparation of this equity research report. To the fullest extent permissible under applicable law, RedChip Companies, Inc., will not be liable to you or anyone else for the quality, accuracy, completeness, reliability, or timeliness of this information.
Contact:
RedChip Companies, Inc.
1-800-RED-CHIP (733-2447), Ext. 106
Info@RedChip
www.redchip.com
EnterConnect Appoints Kevin Hayden as Chief Marketing Officer
Wednesday May 28, 8:00 am ET
SAN JOSE, Calif., May 28, 2008 (PRIME NEWSWIRE) -- EnterConnect Inc. (OTC.BB: ECNI.OB) today announced the appointment of Kevin Hayden, as its new Chief Marketing Officer.
Mr. Hayden will be responsible for all aspects of EnterConnect's corporate marketing strategies globally, including corporate communications, brand marketing, and media relations.
``We could not be happier to have someone of Kevin's stature lead our corporate marketing operations,'' said Sam Jankovich, CEO of EnterConnect. ``As we implement our growth strategies worldwide, Kevin's professional experience and expertise, including his strong background in advancing high tech companies, are invaluable to us. We are very pleased to have such a proven, talented, enthusiastic and creative individual on board.''
Mr. Hayden brings to EnterConnect over 20 years of executive marketing management accomplishments for leading, high-tech companies in enterprise software, Internet infrastructure, database and computer systems markets. Most recently, he served as Vice President of Corporate Communications for BEA Systems. In this role, he was responsible for all corporate communications strategies worldwide, including media relations, analyst relations, executive and employee communications, global events, and global branding.
Prior to BEA, Mr. Hayden held several executive marketing positions at Interwoven, Inc. where he implemented international public relations programs and oversaw corporate positioning, advertising, branding and identity. During his tenure as Vice President of Global Marketing at Interwoven, he repositioned the company, helping it grow from 80 to 800 people and from annual revenues of $3 million to $170 million. Also at Interwoven, Mr. Hayden planned and implemented sponsorships for the San Jose Sharks, USPS Pro Cycling Team and Lance Armstrong driving market awareness. He collaborated on a book entitled, How Lance Does It, by Brad Kearns.
Prior to Interwoven, Mr. Hayden held several executive positions in marketing and finance at high tech companies including SQRIBE Technologies, Informix Software, and Digital Equipment Corporation. He holds a Bachelor of Science in Accounting and a Master in Finance from Bentley College in Waltham, Massachusetts. He is also a member of the CMO Council and the Commonwealth Club.
About EnterConnect Inc.
EnterConnect Inc. delivers online business portal solutions that help companies increase productivity, efficiency and revenue to accelerate business on demand. The EnterConnect Business OnDemand(tm) Portals enable employees, partners and customers to connect, communicate and collaborate online -- at anytime, from anywhere -- and solve business objectives on-demand.
EnterConnect launched SOAapps.com, powered by enterconnect(tm), with market leader BEA Systems (BEAS) to provide business and technical executives with a marketplace to ``Find, Try & Subscribe'' to best-of-breed, software-as-a-service (SaaS) solutions. In 2008, SOAapps will be offering business applications for Human Capital Management (HCM); Financial Management (FM); Customer Relationship Management (CRM); Supply Chain Management (SCM); Content, Communication & Collaboration (CCC); Business Intelligence (BI); Enterprise Resource Planning (ERP); and Vertical Applications (VA) and technical applications in key categories for infrastructure software and technology. SOAapps.com and partner solutions drive business on demand with economical and scalable, pay-as-you-go subscription access to service-oriented applications.
To find enterprise-class SaaS solutions, visit http://www.SOAapps.com. To learn more about the SOAapps ISV Program or to submit an application for review, visit http://SOAapps.com/partners. To find, try and subscribe to EnterConnect(tm) employee portals, partner portals, customer portals, team portals, and website development and management portals for business users, visit the EnterConnect storefront on SOAapps http://enterconnect.SOAapps.com. For more information about EnterConnect, Inc, visit http://www.enterconnect.com or call (800) 658-2670.
Forward-Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance and may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of EnterConnect Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. The words ``expect,'' ``anticipate,'' ``intend,'' ``plan,'' ``believe,'' ``seek,'' ``estimate,'' and similar expressions are intended to identify such forward-looking statements. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as ``Risk Factors'' in our filings with the Securities and Exchange Commission.
Company Contact:
EnterConnect Inc.
Jamie Jaye, Vice President of Sales & Marketing
(469) 774-0829
www.enterconnect.com
www.SOAapps.com
Investor Relations Contact
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
SAN JOSE, Calif., May 28, 2008 (PRIME NEWSWIRE) -- EnterConnect Inc. (OTC.BB: ECNI.OB) today announced the appointment of Kevin Hayden, as its new Chief Marketing Officer.
Mr. Hayden will be responsible for all aspects of EnterConnect's corporate marketing strategies globally, including corporate communications, brand marketing, and media relations.
``We could not be happier to have someone of Kevin's stature lead our corporate marketing operations,'' said Sam Jankovich, CEO of EnterConnect. ``As we implement our growth strategies worldwide, Kevin's professional experience and expertise, including his strong background in advancing high tech companies, are invaluable to us. We are very pleased to have such a proven, talented, enthusiastic and creative individual on board.''
Mr. Hayden brings to EnterConnect over 20 years of executive marketing management accomplishments for leading, high-tech companies in enterprise software, Internet infrastructure, database and computer systems markets. Most recently, he served as Vice President of Corporate Communications for BEA Systems. In this role, he was responsible for all corporate communications strategies worldwide, including media relations, analyst relations, executive and employee communications, global events, and global branding.
Prior to BEA, Mr. Hayden held several executive marketing positions at Interwoven, Inc. where he implemented international public relations programs and oversaw corporate positioning, advertising, branding and identity. During his tenure as Vice President of Global Marketing at Interwoven, he repositioned the company, helping it grow from 80 to 800 people and from annual revenues of $3 million to $170 million. Also at Interwoven, Mr. Hayden planned and implemented sponsorships for the San Jose Sharks, USPS Pro Cycling Team and Lance Armstrong driving market awareness. He collaborated on a book entitled, How Lance Does It, by Brad Kearns.
Prior to Interwoven, Mr. Hayden held several executive positions in marketing and finance at high tech companies including SQRIBE Technologies, Informix Software, and Digital Equipment Corporation. He holds a Bachelor of Science in Accounting and a Master in Finance from Bentley College in Waltham, Massachusetts. He is also a member of the CMO Council and the Commonwealth Club.
About EnterConnect Inc.
EnterConnect Inc. delivers online business portal solutions that help companies increase productivity, efficiency and revenue to accelerate business on demand. The EnterConnect Business OnDemand(tm) Portals enable employees, partners and customers to connect, communicate and collaborate online -- at anytime, from anywhere -- and solve business objectives on-demand.
EnterConnect launched SOAapps.com, powered by enterconnect(tm), with market leader BEA Systems (BEAS) to provide business and technical executives with a marketplace to ``Find, Try & Subscribe'' to best-of-breed, software-as-a-service (SaaS) solutions. In 2008, SOAapps will be offering business applications for Human Capital Management (HCM); Financial Management (FM); Customer Relationship Management (CRM); Supply Chain Management (SCM); Content, Communication & Collaboration (CCC); Business Intelligence (BI); Enterprise Resource Planning (ERP); and Vertical Applications (VA) and technical applications in key categories for infrastructure software and technology. SOAapps.com and partner solutions drive business on demand with economical and scalable, pay-as-you-go subscription access to service-oriented applications.
To find enterprise-class SaaS solutions, visit http://www.SOAapps.com. To learn more about the SOAapps ISV Program or to submit an application for review, visit http://SOAapps.com/partners. To find, try and subscribe to EnterConnect(tm) employee portals, partner portals, customer portals, team portals, and website development and management portals for business users, visit the EnterConnect storefront on SOAapps http://enterconnect.SOAapps.com. For more information about EnterConnect, Inc, visit http://www.enterconnect.com or call (800) 658-2670.
Forward-Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1993 and the Securities Exchange Act of 1934, as amended. These statements are based on many assumptions and estimates and are not guarantees of future performance and may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of EnterConnect Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. The words ``expect,'' ``anticipate,'' ``intend,'' ``plan,'' ``believe,'' ``seek,'' ``estimate,'' and similar expressions are intended to identify such forward-looking statements. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as ``Risk Factors'' in our filings with the Securities and Exchange Commission.
Company Contact:
EnterConnect Inc.
Jamie Jaye, Vice President of Sales & Marketing
(469) 774-0829
www.enterconnect.com
www.SOAapps.com
Investor Relations Contact
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
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