Wednesday August 27, 8:00 am ET
Portal Provider to Demonstrate On-Demand Midmarket Solutions That Drive Enterprise Productivity
SAN JOSE, Calif., Aug. 27, 2008 (GLOBE NEWSWIRE) -- EnterConnect Inc. (OTC.BB: ECNI.OB), a leading provider of Enterprise-Proven On-Demand Business Portals, today announced its official sponsorship of Midsize Enterprise Summit 2008, one of the largest midmarket-focused events in the IT industry. The event is scheduled for September 14-17, at the Gaylord Texan Resort in Dallas.
"We're very pleased to be a part of this invitation-only event, especially since our portal solutions are particularly well-suited for the medium-sized business,'' said Sam Jankovich, President and CEO of EnterConnect. "We've designed our software suite as an all-in-one product to encompass easy administration, content publishing, collaboration and a flexible infrastructure. Our portal framework is economical -- which is key for smaller enterprises with limited IT budgets -- as well as easy to implement and customizable to a variety of business processes.''
According to Gartner, midmarket IT spending is forecasted to increase by 5 percent in 2008. Midsize Enterprise Summit features an invitation-only audience of senior IT executives and offers them firsthand access to top technology providers offering midmarket solutions.
EnterConnect's portal framework consolidates intranets, extranets and Internet sites into a unified portal platform that promotes collaboration and provides content federation for customers, employees, partners and teams.
About EnterConnect
EnterConnect Inc. is a leading provider of enterprise-proven on-demand business portals that improve communication, collaboration and business processes to help companies increase customer satisfaction, growth and productivity. EnterConnect's portals enable customers, employees, partners, suppliers and other stakeholders to securely consolidate, collaborate and connect online -- at anytime, from anywhere -- to accelerate business on-demand. EnterConnect solutions are based on a rich technology foundation in use at more than 50 Fortune 1000 companies. Now available on-demand, these solutions are used at leading organizations across diverse industries including Exide Technologies, John Thomas Capital Management, Piedmont Church, RedChip Companies, Rheem Manufacturing, Rush University Medical Center and others. For more information visit http://www.enterconnect.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
Wednesday, August 27, 2008
Tuesday, August 26, 2008
ZAGG's invisibleSHIELD(TM) is the Top Selling Accessory for the Apple iPhone 3G
Tuesday August 26, 12:23 pm ET
Company Revolutionizes Gadget Protection with Military-Grade Film
SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc. (OTC BB: ZAGG.OB), leading producer of patented transparent protective film coverings and accessories for mobile electronics, announced today that the company's flagship product, the invisibleSHIELD, is now the top selling accessory for the Apple iPhone 3G. The invisibleSHIELD is made of an ultra-thin material originally used by the military to protect the leading edge of helicopter blades, and now comes custom cut to SHIELD today's hottest gadgets.
Shortly after Apple announced the sale of its 1,000,000th second generation iPhone, ZAGG had sold over 100,000 invisibleSHIELDs for the iPhone 3G, covering a staggering 10 percent of the devices and placing ZAGG atop the crowded iPhone accessory market. The announcement comes on the heels of the company's second quarter earnings report, which boasted a nearly 250% increase in year-over-year sales.
"The invisibleSHIELD has sparked a revolution in the way people think about their gadget protection," says Robert Pedersen II, CEO of ZAGG Inc. "According to our research, the invisibleSHIELD is the top selling accessory for the iPhone 3G, and with good reason. As the first virtually invisible 'case' to protect for life, it truly is a must-have accessory for the iPhone, as well as other electronics. The invisibleSHIELD isn't just a screen protector on steroids, but a full-body wrap, protecting the whole device. As sales of the iPhone 3G continue to skyrocket, sales for the invisibleSHIELD have grown stronger as well."
Recent numbers show that Apple plans to build up to 45 million new iPhones in the 12 months through August 2009. And according to New York-based ABI Research, handset accessory sales are expected to top $40 billion in 2008. The explosion of this relatively new market was aided in no small part by the ubiquitous iPhone. While enjoying the benefits the iPhone 3G has invited, ZAGG will continue to be the first to provide precision designed and cut protective invisibleSHIELDs for new models from other innovative manufacturers such as LG, Samsung, Palm and BlackBerry, who are counting on the success of their own smartphones to challenge Apple's dominance in the market. A major shift in the industry toward touch-screen capabilities makes the need for ZAGG's invisibleSHIELD brand of protection all the more urgent. Traditional cases either cannot protect these screens without hindering usability, or they are made of a cheap disposable film that easily scratches. This is not the case with the invisibleSHIELD.
"We won't rest until our revolutionary brand of protection is the top accessory for all mobile electronics," says Pedersen. "We protect thousands of different devices, without concealing their intended design, and we guarantee that protection for life. That's the kind of accessory everyone should know about."
For more information visit www.ZAGG.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 1 million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, major retailers like Best Buy, 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 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
Company Revolutionizes Gadget Protection with Military-Grade Film
SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc. (OTC BB: ZAGG.OB), leading producer of patented transparent protective film coverings and accessories for mobile electronics, announced today that the company's flagship product, the invisibleSHIELD, is now the top selling accessory for the Apple iPhone 3G. The invisibleSHIELD is made of an ultra-thin material originally used by the military to protect the leading edge of helicopter blades, and now comes custom cut to SHIELD today's hottest gadgets.
Shortly after Apple announced the sale of its 1,000,000th second generation iPhone, ZAGG had sold over 100,000 invisibleSHIELDs for the iPhone 3G, covering a staggering 10 percent of the devices and placing ZAGG atop the crowded iPhone accessory market. The announcement comes on the heels of the company's second quarter earnings report, which boasted a nearly 250% increase in year-over-year sales.
"The invisibleSHIELD has sparked a revolution in the way people think about their gadget protection," says Robert Pedersen II, CEO of ZAGG Inc. "According to our research, the invisibleSHIELD is the top selling accessory for the iPhone 3G, and with good reason. As the first virtually invisible 'case' to protect for life, it truly is a must-have accessory for the iPhone, as well as other electronics. The invisibleSHIELD isn't just a screen protector on steroids, but a full-body wrap, protecting the whole device. As sales of the iPhone 3G continue to skyrocket, sales for the invisibleSHIELD have grown stronger as well."
Recent numbers show that Apple plans to build up to 45 million new iPhones in the 12 months through August 2009. And according to New York-based ABI Research, handset accessory sales are expected to top $40 billion in 2008. The explosion of this relatively new market was aided in no small part by the ubiquitous iPhone. While enjoying the benefits the iPhone 3G has invited, ZAGG will continue to be the first to provide precision designed and cut protective invisibleSHIELDs for new models from other innovative manufacturers such as LG, Samsung, Palm and BlackBerry, who are counting on the success of their own smartphones to challenge Apple's dominance in the market. A major shift in the industry toward touch-screen capabilities makes the need for ZAGG's invisibleSHIELD brand of protection all the more urgent. Traditional cases either cannot protect these screens without hindering usability, or they are made of a cheap disposable film that easily scratches. This is not the case with the invisibleSHIELD.
"We won't rest until our revolutionary brand of protection is the top accessory for all mobile electronics," says Pedersen. "We protect thousands of different devices, without concealing their intended design, and we guarantee that protection for life. That's the kind of accessory everyone should know about."
For more information visit www.ZAGG.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 1 million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, major retailers like Best Buy, 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 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
Onstream Media Announces New Reseller - Copper Conferencing
Tuesday August 26, 9:00 am ET
POMPANO BEACH, Fla., Aug. 26 /PRNewswire-FirstCall/ -- Onstream Media Corporation (NasdaqCM: ONSM), a leading online service provider of live and on-demand digital media communications and applications, today announced that Infinite Conferencing, a wholly-owned subsidiary of the company, has signed a reseller agreement with Copper Conferencing. Copper Conferencing is one of the nation's leading, carrier-class conferencing services providers for small and medium-sized businesses.
Under the new agreement, Infinite Conferencing will provide its full-suite of advanced audio and web conferencing solutions as well as customized applications tailored to meet Copper Conferencing's specific business needs. For example, Infinite Conferencing will be streamlining Copper's order process by developing and providing a branded, online user interface for operator-assisted calls. In addition, Copper Conferencing will be adding Onstream Media's webcasting, video streaming and event management services to its customer offerings.
Brad Dupee, Chairman and CEO of Copper Conferencing, stated, "Copper Conferencing is committed to making meetings more productive and the overall process more effective for our customers, and Onstream Media's state-of-the-art services and technologies is a key part of our ability to deliver on this promise. We are excited to expand our strategic reseller relationship with Onstream to continue to increase our value to our growing customer base."
"Onstream Media continues to expand our indirect sales channel through strategic alliances with leading conferencing providers, such as Copper Conferencing," said Randy Selman, President and Chief Executive Officer of Onstream Media. "We welcome Copper Conferencing, and look forward to providing the tools, customer support and expertise to help grow Copper's business."
About Copper Conferencing
Based in Broomfield, Colorado, Copper Conferencing provides unprecedented access to eco-friendly audio conferencing and web conferencing services. Copper Conferencing's Conference Coaches(TM) provide expert guidance of enhanced conference calling services to small and medium-sized businesses. From on demand reservationless audio conference calls, to highly-interactive web conferences and special event calls, Copper helps businesses improve the speed and effectiveness of remote decision making. These services are backed by fully managed, carrier-class platforms to power communication for thousands of customers. Copper's leadership team brings over 50 years of industry experience and has created a successful channel-centric sales approach which includes wholesale partners and authorized agents and internet sales programs. The company is privately-held. For more information about Copper, visit the company's website at www.copperconferencing.com or call 866-903-7521.
About Onstream Media:
Onstream Media Corporation (NasdaqCM: ONSM) is an online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user-generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.
Select Onstream Media customers include: AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, Dell, Disney, National Press Club, NHL, MGM, PR Newswire, Televisa, BT Conferencing, Shareholder.com, and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.
Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to, fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.
CONTACTS:
Onstream Media:
Chris Faust
FastLane Communications
973-226-4379
cfaust@fast-lane.net
Copper Conferencing:
Alycia Maier-Turner
Copper Conferencing
303-952-4308
pr@copperconferencing.com
Investor Relations:
Brett Maas
Hayden Communications
646-536-7331
brett@haydenir.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
POMPANO BEACH, Fla., Aug. 26 /PRNewswire-FirstCall/ -- Onstream Media Corporation (NasdaqCM: ONSM), a leading online service provider of live and on-demand digital media communications and applications, today announced that Infinite Conferencing, a wholly-owned subsidiary of the company, has signed a reseller agreement with Copper Conferencing. Copper Conferencing is one of the nation's leading, carrier-class conferencing services providers for small and medium-sized businesses.
Under the new agreement, Infinite Conferencing will provide its full-suite of advanced audio and web conferencing solutions as well as customized applications tailored to meet Copper Conferencing's specific business needs. For example, Infinite Conferencing will be streamlining Copper's order process by developing and providing a branded, online user interface for operator-assisted calls. In addition, Copper Conferencing will be adding Onstream Media's webcasting, video streaming and event management services to its customer offerings.
Brad Dupee, Chairman and CEO of Copper Conferencing, stated, "Copper Conferencing is committed to making meetings more productive and the overall process more effective for our customers, and Onstream Media's state-of-the-art services and technologies is a key part of our ability to deliver on this promise. We are excited to expand our strategic reseller relationship with Onstream to continue to increase our value to our growing customer base."
"Onstream Media continues to expand our indirect sales channel through strategic alliances with leading conferencing providers, such as Copper Conferencing," said Randy Selman, President and Chief Executive Officer of Onstream Media. "We welcome Copper Conferencing, and look forward to providing the tools, customer support and expertise to help grow Copper's business."
About Copper Conferencing
Based in Broomfield, Colorado, Copper Conferencing provides unprecedented access to eco-friendly audio conferencing and web conferencing services. Copper Conferencing's Conference Coaches(TM) provide expert guidance of enhanced conference calling services to small and medium-sized businesses. From on demand reservationless audio conference calls, to highly-interactive web conferences and special event calls, Copper helps businesses improve the speed and effectiveness of remote decision making. These services are backed by fully managed, carrier-class platforms to power communication for thousands of customers. Copper's leadership team brings over 50 years of industry experience and has created a successful channel-centric sales approach which includes wholesale partners and authorized agents and internet sales programs. The company is privately-held. For more information about Copper, visit the company's website at www.copperconferencing.com or call 866-903-7521.
About Onstream Media:
Onstream Media Corporation (NasdaqCM: ONSM) is an online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user-generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.
Select Onstream Media customers include: AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, Dell, Disney, National Press Club, NHL, MGM, PR Newswire, Televisa, BT Conferencing, Shareholder.com, and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.
Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to, fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.
CONTACTS:
Onstream Media:
Chris Faust
FastLane Communications
973-226-4379
cfaust@fast-lane.net
Copper Conferencing:
Alycia Maier-Turner
Copper Conferencing
303-952-4308
pr@copperconferencing.com
Investor Relations:
Brett Maas
Hayden Communications
646-536-7331
brett@haydenir.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
National Financial Partners Selects Bridgeline iAPPS for New Enterprise Intranet Initiatives
Monday August 25, 8:00 am ET
Leading National Distributor of Financial Products Partners With Bridgeline Software to Streamline Corporate Communications, Bolster Partner Access to Critical Business Applications
BOSTON, Aug. 25, 2008 (GLOBE NEWSWIRE) -- Bridgeline Software, Inc. (NasdaqCM: BLSW), a developer of SaaS-based web application management software and award-winning web applications, announced today that National Financial Partners ("NFP'') has selected Bridgeline iAPPS(r) Framework and iAPPS(r) Content Manager as the platform for their Enterprise Intranet and business applications gateway. The iAPPS(r) Framework and Product Suite are innovative SaaS solutions that unify Content Management, Analytics, eCommerce, and eMarketing capabilities - enabling business users to swiftly enhance and optimize the value of their web properties. Additionally, Bridgeline will develop the new systems and assist NFP with integration and deployment.
National Financial Partners is a national network of independent financial advisors consisting of over 180 owned firms and more than 320 member firms in 41 states and Puerto Rico offering financial services to high net worth individuals and growing entrepreneurial companies. NFP offers their owned and member firms the advantages of a national organization to improve their competitive position and enhance their ability to better serve their clients.
"NFP has a long-standing relationship with Bridgeline and has been extremely satisfied with their capabilities,'' says Stuart Tainsky, Senior Vice President, Chief Technology Officer at NFP. "They understand our business and know how to develop a technology solution to solve a business problem. We're extremely excited about leveraging iAPPS for our corporate Intranet and Enterprise Applications gateway, as well as extending our use of the platform for additional business technology needs.''
The new system is part of NFP's overall technology strategy to better streamline access to all web-based business process applications and reference materials most utilized by their owned and member firms. Making use of iAPPS Framework's integration capabilities, the new system extends iAPPS built-in user management features and utilizes existing NFP deployments of Active Directory and CA SiteMinder to manage all end-user identity profiles and permissions. With native integration between iAPPS Framework and iAPPS Content Manager, Bridgeline's flagship web content management system, content managed within Content Manager can be personalized and dynamically published based on authentication corresponding to the end-user's security access, geographic location, and line of business specialty.
Using iAPPS in their centralized approach to managing content and access to business process systems not only offers NFP tremendous efficiency gains in overall web application management, but also leverages the .NET development capabilities of their internal IT teams. The iAPPS Framework and Product Suite are scalable .NET solutions based on a set of common technology process classifications that enable companies and developers to extend their website and web application deployment using internal resources. For companies like NFP who have proficient .NET development teams, iAPPS' common service layer's APIs and integration capabilities offer powerful advantages.
Beyond empowering technology teams, iAPPS Content Manager offers NFP website administrators remote authoring capabilities employing a simple user interface and easy-to-use functionality. Content owners can quickly update and customize content for new groups of users or other corporate communication needs. With iAPPS Content Manager, non-technical staff can manage and deliver content to any web interface from virtually any source to ensure the right content is delivered at the right time, to the right audience. And for administrators, iAPPS provides centralized control and management over site structure and content, workflow, and user access rights. Says Tainsky, "Technology solutions, no matter how robust, are only successful if there is user adoption and the flexibility to implement the right process to support business needs. iAPPS provides this and we are confident that this investment will pay high dividends from the perspective of streamlined communications and efficiency in directing our users to the tools and materials that are most meaningful to them.''
About National Financial Partners
National Financial Partners Corp. (NYSE:NFP)is a leading distributor of financial services products to high net worth individuals and companies. It operates a national network of independent financial advisors in 41 states and Puerto Rico consisting of over 180 owned firms and 320 member firms, specializing in life insurance and wealth transfer, corporate and executive benefits, and financial planning and investment advisory services. Founded in 1998, NFP is headquartered in New York. For more information, please visit http://www.nfp.com.
About Bridgeline Software
Bridgeline Software is a developer of SaaS-based web application management software and award-winning web applications that help organizations optimize business processes. The iAPPS Product Suite is an innovative SaaS solution that unifies Content Management, Analytics, eCommerce, and eMarketing capabilities - enabling business users to swiftly enhance and optimize the value of their web properties.
Combined with award-winning application development services by Microsoft Gold Certified development teams, Bridgeline Software helps customers to cost-effectively maximize the value of their rapidly changing web applications. Bridgeline Software's teams of developers specialize in web application development, usability engineering, SharePoint development, rich media development, and search engine optimization.
Bridgeline Software is a recipient of the Inc. 500 award for America's fastest growing companies and currently has over 600 customers ranging from middle market organizations to divisions within Fortune 1,000 companies that include: DTCC, Smithers-Oasis, Marriott International, Berkshire Life, Honeywell, PODS, Budget Rent A Car System, John Hancock, AARP, Claire's Stores, National Financial Partners, American Dental Association, CadaretGrant & Co., PerkinElmer, UBS, JBHanauer & Co., Omgeo, William T Grant Foundation, American Academy of Pediatrics, and Partners Healthcare.
Bridgeline Software is headquartered near Boston with additional locations in Atlanta, Chicago, Cleveland, Denver, Minneapolis, New York, Washington, D.C., and Bangalore, India. To learn more about Bridgeline Software, please visit http://www.bridgelinesw.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates,'' "expects,'' "intends,'' "plans,'' "predicts,'' "believes,'' "seeks,'' "estimates,'' "may,'' "will,'' "should,'' "would,'' "could,'' "potential,'' "continue,'' "ongoing,'' similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions including the risks described in our filings with the Securities and Exchange Commission that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. We expressly disclaim any obligation to update any forward-looking statement.
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
Leading National Distributor of Financial Products Partners With Bridgeline Software to Streamline Corporate Communications, Bolster Partner Access to Critical Business Applications
BOSTON, Aug. 25, 2008 (GLOBE NEWSWIRE) -- Bridgeline Software, Inc. (NasdaqCM: BLSW), a developer of SaaS-based web application management software and award-winning web applications, announced today that National Financial Partners ("NFP'') has selected Bridgeline iAPPS(r) Framework and iAPPS(r) Content Manager as the platform for their Enterprise Intranet and business applications gateway. The iAPPS(r) Framework and Product Suite are innovative SaaS solutions that unify Content Management, Analytics, eCommerce, and eMarketing capabilities - enabling business users to swiftly enhance and optimize the value of their web properties. Additionally, Bridgeline will develop the new systems and assist NFP with integration and deployment.
National Financial Partners is a national network of independent financial advisors consisting of over 180 owned firms and more than 320 member firms in 41 states and Puerto Rico offering financial services to high net worth individuals and growing entrepreneurial companies. NFP offers their owned and member firms the advantages of a national organization to improve their competitive position and enhance their ability to better serve their clients.
"NFP has a long-standing relationship with Bridgeline and has been extremely satisfied with their capabilities,'' says Stuart Tainsky, Senior Vice President, Chief Technology Officer at NFP. "They understand our business and know how to develop a technology solution to solve a business problem. We're extremely excited about leveraging iAPPS for our corporate Intranet and Enterprise Applications gateway, as well as extending our use of the platform for additional business technology needs.''
The new system is part of NFP's overall technology strategy to better streamline access to all web-based business process applications and reference materials most utilized by their owned and member firms. Making use of iAPPS Framework's integration capabilities, the new system extends iAPPS built-in user management features and utilizes existing NFP deployments of Active Directory and CA SiteMinder to manage all end-user identity profiles and permissions. With native integration between iAPPS Framework and iAPPS Content Manager, Bridgeline's flagship web content management system, content managed within Content Manager can be personalized and dynamically published based on authentication corresponding to the end-user's security access, geographic location, and line of business specialty.
Using iAPPS in their centralized approach to managing content and access to business process systems not only offers NFP tremendous efficiency gains in overall web application management, but also leverages the .NET development capabilities of their internal IT teams. The iAPPS Framework and Product Suite are scalable .NET solutions based on a set of common technology process classifications that enable companies and developers to extend their website and web application deployment using internal resources. For companies like NFP who have proficient .NET development teams, iAPPS' common service layer's APIs and integration capabilities offer powerful advantages.
Beyond empowering technology teams, iAPPS Content Manager offers NFP website administrators remote authoring capabilities employing a simple user interface and easy-to-use functionality. Content owners can quickly update and customize content for new groups of users or other corporate communication needs. With iAPPS Content Manager, non-technical staff can manage and deliver content to any web interface from virtually any source to ensure the right content is delivered at the right time, to the right audience. And for administrators, iAPPS provides centralized control and management over site structure and content, workflow, and user access rights. Says Tainsky, "Technology solutions, no matter how robust, are only successful if there is user adoption and the flexibility to implement the right process to support business needs. iAPPS provides this and we are confident that this investment will pay high dividends from the perspective of streamlined communications and efficiency in directing our users to the tools and materials that are most meaningful to them.''
About National Financial Partners
National Financial Partners Corp. (NYSE:NFP)is a leading distributor of financial services products to high net worth individuals and companies. It operates a national network of independent financial advisors in 41 states and Puerto Rico consisting of over 180 owned firms and 320 member firms, specializing in life insurance and wealth transfer, corporate and executive benefits, and financial planning and investment advisory services. Founded in 1998, NFP is headquartered in New York. For more information, please visit http://www.nfp.com.
About Bridgeline Software
Bridgeline Software is a developer of SaaS-based web application management software and award-winning web applications that help organizations optimize business processes. The iAPPS Product Suite is an innovative SaaS solution that unifies Content Management, Analytics, eCommerce, and eMarketing capabilities - enabling business users to swiftly enhance and optimize the value of their web properties.
Combined with award-winning application development services by Microsoft Gold Certified development teams, Bridgeline Software helps customers to cost-effectively maximize the value of their rapidly changing web applications. Bridgeline Software's teams of developers specialize in web application development, usability engineering, SharePoint development, rich media development, and search engine optimization.
Bridgeline Software is a recipient of the Inc. 500 award for America's fastest growing companies and currently has over 600 customers ranging from middle market organizations to divisions within Fortune 1,000 companies that include: DTCC, Smithers-Oasis, Marriott International, Berkshire Life, Honeywell, PODS, Budget Rent A Car System, John Hancock, AARP, Claire's Stores, National Financial Partners, American Dental Association, CadaretGrant & Co., PerkinElmer, UBS, JBHanauer & Co., Omgeo, William T Grant Foundation, American Academy of Pediatrics, and Partners Healthcare.
Bridgeline Software is headquartered near Boston with additional locations in Atlanta, Chicago, Cleveland, Denver, Minneapolis, New York, Washington, D.C., and Bangalore, India. To learn more about Bridgeline Software, please visit http://www.bridgelinesw.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as "anticipates,'' "expects,'' "intends,'' "plans,'' "predicts,'' "believes,'' "seeks,'' "estimates,'' "may,'' "will,'' "should,'' "would,'' "could,'' "potential,'' "continue,'' "ongoing,'' similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions including the risks described in our filings with the Securities and Exchange Commission that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement. We expressly disclaim any obligation to update any forward-looking statement.
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
Onstream Media Announces New Microsoft(R) Silverlight Webcasting Service
Friday August 22, 11:55 am ET
POMPANO BEACH, Fla., Aug. 22 /PRNewswire-FirstCall/ -- Onstream Media Corporation (Nasdaq: ONSM), a leading online service provider of live and on-demand digital media communications and applications, today announced that its Visual Webcaster platform will support Microsoft® Silverlight(TM) effective with the next version of Visual Webcaster scheduled for release in October, 2008. Silverlight is a cross-browser, cross-platform, and cross-device plug-in for delivering the next generation of media experiences and rich interactive applications for the Web. Silverlight is the technology currently supporting NBC's online video coverage of the Olympic games in Beijing, China.
Onstream is integrating the Silverlight technology with its leading Visual Webcaster platform, which already supports Windows Media, Real Media, QuickTime and Flash. Silverlight adds the functionality and flexibility of making the webcasts compatible with virtually any online device, including Apple based products, such as the Mac and all PC based systems.
Randy Selman, Onstream's CEO stated, "Onstream is committed to providing our growing customer base with the most robust and technologically advanced experience possible. We were eager to add Microsoft Silverlight, to our existing platform to enable faster startup and cross platform capabilities, and to provide the proven high video quality of Microsoft Windows Media technology. The addition of the Silverlight technology will further solidify the capabilities of our Visual Webcaster platform."
Microsoft stated in a recent press release, that they are experiencing, "an average of 1.5 million daily downloads of the Silverlight plug-in, and growing." Adoption of Silverlight around the world continues to accelerate momentum providing compelling online media experiences for consumers. As a result of the success of NBC's online video service at NBCOlympics.com, millions of online viewers have downloaded the Silverlight application and are now able to view any Silverlight based video content.
In addition, the Silverlight technology will also be integrated into Onstream Media's Digital Media Services Platform.
About Onstream Media:
Onstream Media Corporation (NasdaqCM: ONSM) is an online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user- generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.
Select Onstream Media customers include: AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, Dell, Disney, National Press Club, NHL, MGM, PR Newswire, Televisa, BT Conferencing, Shareholder.com (NASDAQ), and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.
Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to, fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.
CONTACTS:
Onstream Media: Investor Relations:
Chris Faust Brett Maas
FastLane Communications Hayden Communications
973-226-4379 646-536-7331
cfaust@fast-lane.net brett@haydenir.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
POMPANO BEACH, Fla., Aug. 22 /PRNewswire-FirstCall/ -- Onstream Media Corporation (Nasdaq: ONSM), a leading online service provider of live and on-demand digital media communications and applications, today announced that its Visual Webcaster platform will support Microsoft® Silverlight(TM) effective with the next version of Visual Webcaster scheduled for release in October, 2008. Silverlight is a cross-browser, cross-platform, and cross-device plug-in for delivering the next generation of media experiences and rich interactive applications for the Web. Silverlight is the technology currently supporting NBC's online video coverage of the Olympic games in Beijing, China.
Onstream is integrating the Silverlight technology with its leading Visual Webcaster platform, which already supports Windows Media, Real Media, QuickTime and Flash. Silverlight adds the functionality and flexibility of making the webcasts compatible with virtually any online device, including Apple based products, such as the Mac and all PC based systems.
Randy Selman, Onstream's CEO stated, "Onstream is committed to providing our growing customer base with the most robust and technologically advanced experience possible. We were eager to add Microsoft Silverlight, to our existing platform to enable faster startup and cross platform capabilities, and to provide the proven high video quality of Microsoft Windows Media technology. The addition of the Silverlight technology will further solidify the capabilities of our Visual Webcaster platform."
Microsoft stated in a recent press release, that they are experiencing, "an average of 1.5 million daily downloads of the Silverlight plug-in, and growing." Adoption of Silverlight around the world continues to accelerate momentum providing compelling online media experiences for consumers. As a result of the success of NBC's online video service at NBCOlympics.com, millions of online viewers have downloaded the Silverlight application and are now able to view any Silverlight based video content.
In addition, the Silverlight technology will also be integrated into Onstream Media's Digital Media Services Platform.
About Onstream Media:
Onstream Media Corporation (NasdaqCM: ONSM) is an online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user- generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.
Select Onstream Media customers include: AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, Dell, Disney, National Press Club, NHL, MGM, PR Newswire, Televisa, BT Conferencing, Shareholder.com (NASDAQ), and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.
Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to, fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.
CONTACTS:
Onstream Media: Investor Relations:
Chris Faust Brett Maas
FastLane Communications Hayden Communications
973-226-4379 646-536-7331
cfaust@fast-lane.net brett@haydenir.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
Elephant Talk's Management and Insiders Add Another $6.3M to Company's Capital Account, With an Additional $1M Subscribed For
Friday August 22, 10:51 am ET
ORANGE, Calif., Aug. 22 /PRNewswire-FirstCall/ -- Elephant Talk Communications, Inc. (OTC.BB: ETAK.OB). Elephant Talk is positioning itself as the preferred MVNE partner of the larger, global Mobile Operators and currently operates sophisticated networks in over a dozen markets in Europe, Asia Pacific, and the Middle East.
Forward-Looking Statements
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here; however, readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission.
http://www.elephanttalk.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
ORANGE, Calif., Aug. 22 /PRNewswire-FirstCall/ -- Elephant Talk Communications, Inc. (OTC.BB: ETAK.OB). Elephant Talk is positioning itself as the preferred MVNE partner of the larger, global Mobile Operators and currently operates sophisticated networks in over a dozen markets in Europe, Asia Pacific, and the Middle East.
Forward-Looking Statements
Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here; however, readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission.
http://www.elephanttalk.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
Friday, August 22, 2008
Vertical Branding's CEO Featured in New WallSt.net Interview
Friday August 22, 7:50 am ET
Comments on Q2 Achievements and Plans for the Rest of the Year
LOS ANGELES--(BUSINESS WIRE)--Vertical Branding, Inc. (OTC BB: VBDG.OB) CEO Nancy Duitch was recently interviewed again by Wallst.net and provided comments on the Company's second quarter accomplishments and an overall update on the business. "We are back on track," says Ms. Duitch in the interview, and "thrilled with the direction the Company is going in." She goes on to outline plans to introduce two to four additional new products in the latter half of 2008, including eco-friendly consumer products from the Company's newly formed Econology Advantage Division.
To view the interview in its entirety, please visit http://www.tv.wallst.net/r/3-minute-press/Verticalbrand-VBDG/217/918. Or visit www.wallst.net, click on "3-Minute Press Show" and enter ticker "VBDG" in the search box.
About WallStreet Direct, Inc.
WallStreet Direct, Inc. operates WallSt.net (http://www.wallst.net), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net), an online hub for business podcasts from well-known business news personalities and publishers, and WallStTV (http://tv.wallst.net), a hub for business and finance video content.
About Vertical Branding, Inc.
Vertical Branding is a consumer products company selling high-quality household, beauty and personal care products at affordable prices. The Company builds consumer awareness for its products and brands through direct response television, Internet and print advertising, with the goal of broader wholesale distribution to many of the country's largest retailers and drug chains as well as catalogs, home shopping channels and international distributors. Vertical Branding develops its own proprietary products and brands and licenses the rights to other select products that pass its rigorous screening process. The Company's hottest-selling products and brands currently include MyPlace, SteamBuddy, Hercules Hook, ZorbEEZ, EZ Foldz Step Stool and Extreme Beam.
Information Regarding Forward-Looking Statements
This press 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. Such statements include information regarding the Company's expectations, goals or intentions about the future, including explicit or implied statements about product or program success. These statements reflect current expectations only and are qualified by numerous risks and uncertainties described from time to time in our filings with the Securities and Exchange Commission under the heading 'Risk Factors,' as well as other factors or circumstances that could cause actual results or events described in forward-looking statements to differ materially from those anticipated or implied, and there can be no assurance that any such statements will ultimately prove to be accurate. All forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update these forward-looking statements except as required by law.
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
Comments on Q2 Achievements and Plans for the Rest of the Year
LOS ANGELES--(BUSINESS WIRE)--Vertical Branding, Inc. (OTC BB: VBDG.OB) CEO Nancy Duitch was recently interviewed again by Wallst.net and provided comments on the Company's second quarter accomplishments and an overall update on the business. "We are back on track," says Ms. Duitch in the interview, and "thrilled with the direction the Company is going in." She goes on to outline plans to introduce two to four additional new products in the latter half of 2008, including eco-friendly consumer products from the Company's newly formed Econology Advantage Division.
To view the interview in its entirety, please visit http://www.tv.wallst.net/r/3-minute-press/Verticalbrand-VBDG/217/918. Or visit www.wallst.net, click on "3-Minute Press Show" and enter ticker "VBDG" in the search box.
About WallStreet Direct, Inc.
WallStreet Direct, Inc. operates WallSt.net (http://www.wallst.net), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net), an online hub for business podcasts from well-known business news personalities and publishers, and WallStTV (http://tv.wallst.net), a hub for business and finance video content.
About Vertical Branding, Inc.
Vertical Branding is a consumer products company selling high-quality household, beauty and personal care products at affordable prices. The Company builds consumer awareness for its products and brands through direct response television, Internet and print advertising, with the goal of broader wholesale distribution to many of the country's largest retailers and drug chains as well as catalogs, home shopping channels and international distributors. Vertical Branding develops its own proprietary products and brands and licenses the rights to other select products that pass its rigorous screening process. The Company's hottest-selling products and brands currently include MyPlace, SteamBuddy, Hercules Hook, ZorbEEZ, EZ Foldz Step Stool and Extreme Beam.
Information Regarding Forward-Looking Statements
This press 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. Such statements include information regarding the Company's expectations, goals or intentions about the future, including explicit or implied statements about product or program success. These statements reflect current expectations only and are qualified by numerous risks and uncertainties described from time to time in our filings with the Securities and Exchange Commission under the heading 'Risk Factors,' as well as other factors or circumstances that could cause actual results or events described in forward-looking statements to differ materially from those anticipated or implied, and there can be no assurance that any such statements will ultimately prove to be accurate. All forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update these forward-looking statements except as required by law.
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
Power of the Dream Ventures Grants License to FireSAFE Technology
Thursday August 21, 9:33 am ET
BUDAPEST, HUNGARY--(MARKET WIRE)--Aug 21, 2008 -- Power of the Dream Ventures, Inc. (OTC BB: PWRV.OB), one of Hungary's premier technology acquisition and development companies, today announced the licensing of the Company's FireSAFE technology to a group of Hungarian technology investors/managers.
FireSAFE is an environmentally friendly, biodegradable liquid designed to prevent, and if necessary extinguish, natural fires that are exceedingly hard or impossible to contain with water or other fire-fighting solutions. This category includes forest, bush and other natural fires. FireSAFE reaches the heart of the fire, coating all surfaces with a crystalline layer that hardens when exposed to heat. The layer thus formed is capable of withstanding heat as high as 1,100 degrees centigrade, enough to stop the most fearsome forest fires. Following use, the biodegradable active ingredient will decompose within four months. FireSAFE can also be used as a preventive solution, both in the wild and in treating lumber. During fire season those areas that are the most likely to be burnt can be sprayed with the solution as a preventive measure. Lumber used in construction can also be treated with FireSAFE to increase its fire resistance.
"This is the first real step in executing our business plan to its fullest extent -- the identification, acquisition, development and most importantly the commercialization of relevant technologies. We have already received numerous international inquires regarding FireSAFE and its use. A newly formed joint company will follow up on these inquires and bring the technology to market in a fast and efficient manner," commented Viktor Rozsnyay, CEO of Power of the Dream Ventures.
Under terms of the agreement a new spin-off company called FireLESS Ltd, will be established and independently managed for the exclusive marketing and commercialization of the technology. The Company will control 30% of the new entity in addition to receiving a license acquisition fee of HUF 20 million (USD 125,000). The Company acquired FireSAFE in November of 2007 for the equivalent of USD 11,000. All further product development, production and commercialization expenses are financed by FireLESS Ltd.
"We have access to dozens of similar technologies that can be acquired, patented and made available for licensing. There are five other such products under management already. In the coming years we will incubate a large number of these opportunities in addition to the many larger projects we have under management, such as RiverPower and iGlue (http://www.iglueit.com) for example. I believe these smaller deals can provide a consistent revenue stream while firmly establishing Power of the Dream Ventures as the premier identifier and commercializer of Hungarian technology," added Mr. Rozsnyay.
About Power of the Dream Ventures
Power of the Dream Ventures, Inc. is a leading technology holding company. We identify and harness the unique technological prowess of Hungary's high-tech industry, turning promising ideas and ready to market products/technologies into global industry leaders. We focus on developing, acquiring, licensing, or co-developing technologies that originate exclusively in Hungary that are in prototype stage based on existing patents; in prototype stage prior to patenting; existing products that require expansion capital to commercialize; emerging science and high-technology research projects that require help in patenting, developing the product and marketing, University spin-off technologies, and ideas from the very early stage that represent "disruptive technologies." We primarily focus on providing enabling solutions in the fields of environmental technologies, power generation and storage, software products and services, biotechnology, medical devices and what we call 'disruptive technologies.' For more information please visit our website at http://www.powerofthedream.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
BUDAPEST, HUNGARY--(MARKET WIRE)--Aug 21, 2008 -- Power of the Dream Ventures, Inc. (OTC BB: PWRV.OB), one of Hungary's premier technology acquisition and development companies, today announced the licensing of the Company's FireSAFE technology to a group of Hungarian technology investors/managers.
FireSAFE is an environmentally friendly, biodegradable liquid designed to prevent, and if necessary extinguish, natural fires that are exceedingly hard or impossible to contain with water or other fire-fighting solutions. This category includes forest, bush and other natural fires. FireSAFE reaches the heart of the fire, coating all surfaces with a crystalline layer that hardens when exposed to heat. The layer thus formed is capable of withstanding heat as high as 1,100 degrees centigrade, enough to stop the most fearsome forest fires. Following use, the biodegradable active ingredient will decompose within four months. FireSAFE can also be used as a preventive solution, both in the wild and in treating lumber. During fire season those areas that are the most likely to be burnt can be sprayed with the solution as a preventive measure. Lumber used in construction can also be treated with FireSAFE to increase its fire resistance.
"This is the first real step in executing our business plan to its fullest extent -- the identification, acquisition, development and most importantly the commercialization of relevant technologies. We have already received numerous international inquires regarding FireSAFE and its use. A newly formed joint company will follow up on these inquires and bring the technology to market in a fast and efficient manner," commented Viktor Rozsnyay, CEO of Power of the Dream Ventures.
Under terms of the agreement a new spin-off company called FireLESS Ltd, will be established and independently managed for the exclusive marketing and commercialization of the technology. The Company will control 30% of the new entity in addition to receiving a license acquisition fee of HUF 20 million (USD 125,000). The Company acquired FireSAFE in November of 2007 for the equivalent of USD 11,000. All further product development, production and commercialization expenses are financed by FireLESS Ltd.
"We have access to dozens of similar technologies that can be acquired, patented and made available for licensing. There are five other such products under management already. In the coming years we will incubate a large number of these opportunities in addition to the many larger projects we have under management, such as RiverPower and iGlue (http://www.iglueit.com) for example. I believe these smaller deals can provide a consistent revenue stream while firmly establishing Power of the Dream Ventures as the premier identifier and commercializer of Hungarian technology," added Mr. Rozsnyay.
About Power of the Dream Ventures
Power of the Dream Ventures, Inc. is a leading technology holding company. We identify and harness the unique technological prowess of Hungary's high-tech industry, turning promising ideas and ready to market products/technologies into global industry leaders. We focus on developing, acquiring, licensing, or co-developing technologies that originate exclusively in Hungary that are in prototype stage based on existing patents; in prototype stage prior to patenting; existing products that require expansion capital to commercialize; emerging science and high-technology research projects that require help in patenting, developing the product and marketing, University spin-off technologies, and ideas from the very early stage that represent "disruptive technologies." We primarily focus on providing enabling solutions in the fields of environmental technologies, power generation and storage, software products and services, biotechnology, medical devices and what we call 'disruptive technologies.' For more information please visit our website at http://www.powerofthedream.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
EnterConnect's 'Driving High-Performance Operations on Wall Street' Forum Attracts Financial Industry Leaders
Thursday August 21, 8:00 am ET
Business Leaders Gathered to Learn About Software-as-a-Service Strategies and On-demand Portal Solutions for the Financial Sector
SAN JOSE, Calif., Aug. 21, 2008 (GLOBE NEWSWIRE) -- Nearly 100 financial executives, including hedge fund managers, investment banking professionals and brokers representing leading Wall Street firms, gathered in New York City on Tuesday to hear EnterConnect Inc.'s (OTC.BB: ECNI.OB) leadership forum on Software-as-a-Service (SaaS) solutions and how this innovative technology can be successfully implemented in the financial sector. The event, which took place at the Harvard Club of New York on Aug. 19th, included a keynote presentation by the Managing Director of RBC Capital Markets, Robert Breza, who spoke on the SaaS phenomenon and its implications for the financial sector. The event also included three case studies from financial firms effectively employing EnterConnect's enterprise portal solutions to improve operational efficiencies and reduce costs.
Sam Jankovich, Chief Executive Officer and President of EnterConnect Inc., who hosted the forum, stated:
``The successful turnout of this event and the enthusiastic feedback we are receiving demonstrate the readiness of the financial services market to adopt on-demand portal solutions which will give them the edge they need in today's competitive global markets. EnterConnect's enterprise-proven technology offers financial services organizations effective tools to drive business, reduce costs, mitigate risk and achieve greater success.''
In addition to being a highly competitive market, financial services is also heavily regulated. The ability to avoid non-compliance through portal-based collaboration and content federation is core to addressing this challenge. The audience recognized the value of EnterConnect Financial Services to reduce risk and enhance FINRA compliance.
Presentations at the event included:
-- ``Driving Streamlined Operations & Mitigating Risk in Financial Services'' delivered by Robert Breza.
-- ``Delivering Accountability, Traceability & Secure Control of Research Report Processes'' delivered by Matthew Kantrowitz, Director of Equity Research, RedChip Companies.
-- ``Optimizing New Account Opening Processes & Ensuring FINRA Compliance'' delivered by Juan Ferreira, Director of Corporate Finance, Park Financial Group.
-- ``Emerging Regulatory Conditions Affecting Private Investment in Public Equity'' delivered by Eleazer Klein, Partner, Schulte Roth & Zabel LLP.
Mr. Breza commented on the growing interest in SaaS:
``Software-as-a-Service is impacting businesses of all sizes worldwide. The next few years will see explosive growth for SaaS solutions as companies look to gain operational advantages, reduce costs and connect their workforce. Our research shows the market for on-demand software should grow to more than $14 billion by 2011.''
To learn more about EnterConnect's enterprise-proven on-demand business portals for your business, visit http://www.enterconnect.com.
About EnterConnect Inc.
EnterConnect Inc. is a leading provider of enterprise-proven on-demand business portals that improve communication, collaboration and business processes to help companies increase customer satisfaction, growth and productivity. EnterConnect's portals enable customers, employees, partners, suppliers and other stakeholders to securely consolidate, collaborate and connect online -- at anytime, from anywhere -- to accelerate business on-demand. EnterConnect solutions are based on a rich technology foundation in use at more than 50 Fortune 1000 companies. Now available on-demand, these solutions are used at leading organizations across diverse industries including Exide Technologies, John Thomas Capital Management, Piedmont Church, RedChip Companies, Rheem Manufacturing, Rush University Medical Center and others. For more information visit http://www.enterconnect.com.
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.
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
Business Leaders Gathered to Learn About Software-as-a-Service Strategies and On-demand Portal Solutions for the Financial Sector
SAN JOSE, Calif., Aug. 21, 2008 (GLOBE NEWSWIRE) -- Nearly 100 financial executives, including hedge fund managers, investment banking professionals and brokers representing leading Wall Street firms, gathered in New York City on Tuesday to hear EnterConnect Inc.'s (OTC.BB: ECNI.OB) leadership forum on Software-as-a-Service (SaaS) solutions and how this innovative technology can be successfully implemented in the financial sector. The event, which took place at the Harvard Club of New York on Aug. 19th, included a keynote presentation by the Managing Director of RBC Capital Markets, Robert Breza, who spoke on the SaaS phenomenon and its implications for the financial sector. The event also included three case studies from financial firms effectively employing EnterConnect's enterprise portal solutions to improve operational efficiencies and reduce costs.
Sam Jankovich, Chief Executive Officer and President of EnterConnect Inc., who hosted the forum, stated:
``The successful turnout of this event and the enthusiastic feedback we are receiving demonstrate the readiness of the financial services market to adopt on-demand portal solutions which will give them the edge they need in today's competitive global markets. EnterConnect's enterprise-proven technology offers financial services organizations effective tools to drive business, reduce costs, mitigate risk and achieve greater success.''
In addition to being a highly competitive market, financial services is also heavily regulated. The ability to avoid non-compliance through portal-based collaboration and content federation is core to addressing this challenge. The audience recognized the value of EnterConnect Financial Services to reduce risk and enhance FINRA compliance.
Presentations at the event included:
-- ``Driving Streamlined Operations & Mitigating Risk in Financial Services'' delivered by Robert Breza.
-- ``Delivering Accountability, Traceability & Secure Control of Research Report Processes'' delivered by Matthew Kantrowitz, Director of Equity Research, RedChip Companies.
-- ``Optimizing New Account Opening Processes & Ensuring FINRA Compliance'' delivered by Juan Ferreira, Director of Corporate Finance, Park Financial Group.
-- ``Emerging Regulatory Conditions Affecting Private Investment in Public Equity'' delivered by Eleazer Klein, Partner, Schulte Roth & Zabel LLP.
Mr. Breza commented on the growing interest in SaaS:
``Software-as-a-Service is impacting businesses of all sizes worldwide. The next few years will see explosive growth for SaaS solutions as companies look to gain operational advantages, reduce costs and connect their workforce. Our research shows the market for on-demand software should grow to more than $14 billion by 2011.''
To learn more about EnterConnect's enterprise-proven on-demand business portals for your business, visit http://www.enterconnect.com.
About EnterConnect Inc.
EnterConnect Inc. is a leading provider of enterprise-proven on-demand business portals that improve communication, collaboration and business processes to help companies increase customer satisfaction, growth and productivity. EnterConnect's portals enable customers, employees, partners, suppliers and other stakeholders to securely consolidate, collaborate and connect online -- at anytime, from anywhere -- to accelerate business on-demand. EnterConnect solutions are based on a rich technology foundation in use at more than 50 Fortune 1000 companies. Now available on-demand, these solutions are used at leading organizations across diverse industries including Exide Technologies, John Thomas Capital Management, Piedmont Church, RedChip Companies, Rheem Manufacturing, Rush University Medical Center and others. For more information visit http://www.enterconnect.com.
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.
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
Onstream Media to Provide Comprehensive Internet Video Services for Multinational Latin-American Music Reality Contest
Thursday August 21, 12:39 pm ET
- WorldVibe Entertainment Group's Es Mi Planeta Subsidiary Contracts for a Comprehensive Suite of Digital Media Services -
POMPANO BEACH, Fla., Aug. 21 /PRNewswire-FirstCall/ -- Onstream Media Corporation (NasdaqCM: ONSM), an online service provider of live and on-demand Internet video, today announced it has signed a service agreement with Es Mi Planeta, a wholly owned subsidiary of The WorldVibe Entertainment Group, a full spectrum entertainment company specializing in television production, touring, merchandising and tech marketing. Onstream will provide the Internet video broadcasting for the group's new Batalla De Las Americas (Battle of the Americas) three-continent music reality contest. Onstream will also provide user generated video and on-demand and pay-per-view services for the show, along with being contracted to provide all required bandwidth for the duration of the agreement.
Batalla De Las Americas is a series of contests, supported by Es Mi Planeta and has been three years in the making. The online presence of Batalla De Las Americas will be launching in early September of 2008. Batalla De Las Americas will consist of a thirteen week series, broadcast both online and via terrestrial TV and first appearing during the first quarter of 2009. In a novel approach, Batalla De Las Americas will broadcast the first portion of each show throughout Latin America and the US through its media network consisting of more than twenty partners. The www.esmiplaneta.com platform will broadcast the second half of the event online utilizing Onstream Media's Digital Media Services Platform (DMSP).
"As our search for an online video provider unfolded, we quickly realized Onstream Media was the single services provider capable of supporting such a large scale project," said Pat Joyce, CEO, WorldVibe Entertainment Group, parent of Es Mi Planeta. "In the end, we selected Onstream for its tremendous breadth of services and experience working with other premier entertainment companies."
"Batalla De Las Americas is the first truly global, multi-continent reality show, and it is going to break new ground in the Internet age," said Randy Selman, president and CEO, Onstream Media Corporation. "Our ability to help Es Mi Planeta make the online video presence for the show available to tens of millions of people across the globe is a true honor. In support of the show's grand-scale needs, we are bringing to bear a comprehensive selection of Internet TV services in combination with Akamai's world-leading content delivery network. The combination of these technologies will give viewers the highest quality, richest online video experience possible."
The web presence for the program will include a custom user generated video (UGV) web site and associated content management solution (CMS) to support the upload, publishing, management, and viewing of professional content submitted by Es Mi Planeta's content partners.
About WorldVibe Entertainment Group
The WorldVibe Entertainment Group, parent of Es Mi Planeta, is a full spectrum entertainment company specializing in television production, touring, merchandising and tech marketing. Focused on providing the best in all forms of Latin entertainment to the 45 MM Latino consumers in North America, 370 MM in South America and 150 MM in Central America and Puerto Rico and in all aspects of entertainment, including Television, Film, Music, World Tours, Major Events and Home Video/DVD.
About Onstream Media:
Onstream Media Corporation (NasdaqCM: ONSM) is an online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user-generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.
Select Onstream Media customers include: AOL, AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, Dell, Deutsche Bank, Disney, National Press Club, NHL, MGM, PR Newswire, Rodale, Inc., Televisa, WireOne, Shareholder.com (NASDAQ), and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.
Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.
Media Relations: Investor Relations:
Chris Faust Brett Maas
FastLane Communications Hayden Communications
973.226-4379 646-536-7331
cfaust@fast-lane.net brett@haydenir.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
- WorldVibe Entertainment Group's Es Mi Planeta Subsidiary Contracts for a Comprehensive Suite of Digital Media Services -
POMPANO BEACH, Fla., Aug. 21 /PRNewswire-FirstCall/ -- Onstream Media Corporation (NasdaqCM: ONSM), an online service provider of live and on-demand Internet video, today announced it has signed a service agreement with Es Mi Planeta, a wholly owned subsidiary of The WorldVibe Entertainment Group, a full spectrum entertainment company specializing in television production, touring, merchandising and tech marketing. Onstream will provide the Internet video broadcasting for the group's new Batalla De Las Americas (Battle of the Americas) three-continent music reality contest. Onstream will also provide user generated video and on-demand and pay-per-view services for the show, along with being contracted to provide all required bandwidth for the duration of the agreement.
Batalla De Las Americas is a series of contests, supported by Es Mi Planeta and has been three years in the making. The online presence of Batalla De Las Americas will be launching in early September of 2008. Batalla De Las Americas will consist of a thirteen week series, broadcast both online and via terrestrial TV and first appearing during the first quarter of 2009. In a novel approach, Batalla De Las Americas will broadcast the first portion of each show throughout Latin America and the US through its media network consisting of more than twenty partners. The www.esmiplaneta.com platform will broadcast the second half of the event online utilizing Onstream Media's Digital Media Services Platform (DMSP).
"As our search for an online video provider unfolded, we quickly realized Onstream Media was the single services provider capable of supporting such a large scale project," said Pat Joyce, CEO, WorldVibe Entertainment Group, parent of Es Mi Planeta. "In the end, we selected Onstream for its tremendous breadth of services and experience working with other premier entertainment companies."
"Batalla De Las Americas is the first truly global, multi-continent reality show, and it is going to break new ground in the Internet age," said Randy Selman, president and CEO, Onstream Media Corporation. "Our ability to help Es Mi Planeta make the online video presence for the show available to tens of millions of people across the globe is a true honor. In support of the show's grand-scale needs, we are bringing to bear a comprehensive selection of Internet TV services in combination with Akamai's world-leading content delivery network. The combination of these technologies will give viewers the highest quality, richest online video experience possible."
The web presence for the program will include a custom user generated video (UGV) web site and associated content management solution (CMS) to support the upload, publishing, management, and viewing of professional content submitted by Es Mi Planeta's content partners.
About WorldVibe Entertainment Group
The WorldVibe Entertainment Group, parent of Es Mi Planeta, is a full spectrum entertainment company specializing in television production, touring, merchandising and tech marketing. Focused on providing the best in all forms of Latin entertainment to the 45 MM Latino consumers in North America, 370 MM in South America and 150 MM in Central America and Puerto Rico and in all aspects of entertainment, including Television, Film, Music, World Tours, Major Events and Home Video/DVD.
About Onstream Media:
Onstream Media Corporation (NasdaqCM: ONSM) is an online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user-generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.
Select Onstream Media customers include: AOL, AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, Dell, Deutsche Bank, Disney, National Press Club, NHL, MGM, PR Newswire, Rodale, Inc., Televisa, WireOne, Shareholder.com (NASDAQ), and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.
Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.
Media Relations: Investor Relations:
Chris Faust Brett Maas
FastLane Communications Hayden Communications
973.226-4379 646-536-7331
cfaust@fast-lane.net brett@haydenir.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
Wednesday, August 20, 2008
Vidshadow Presents at RedChip's 2008 Emerging Markets Investor Conference
Wednesday August 20, 8:30 am ET
Company Retains Financial Advisor to Explore Strategic Opportunities
PLACENTIA, Calif., Aug. 20 /PRNewswire-FirstCall/ -- Vidshadow, Inc. (Pink Sheets: VSHD - News; www.Vidshadow.com), an end-to-end solution for online video distribution, management and monetization, today announced that CEO Jordan Hudgens will be a featured speaker during RedChip's Emerging Markets Small-Cap Investor Conference on August 21, 2008 at the Marriott Marquis in New York City.
Hudgens will share the financial health of the company, as well as the strategic vision as it stays focused on delivering only premium niche content in the areas of news, entertainment, sports, health and lifestyle.
As one of the fastest growing online video networks, Vidshadow continues to attract exclusive premium content deals, providing publishers and advertisers with attractive, increased monetization opportunities in the market. It has already made major content partnerships with National Lampoon, Ego TV and Mexican national icon and five time boxing world champion Julio Cesar Chavez.
In its ongoing commitment to enhance shareholder value, the Company also announced today the engagement of Oppenheimer & Co. Inc. as its exclusive financial advisor. While exact terms of the engagement were not disclosed, Oppenheimer will assist Vidshadow in evaluating various strategic opportunities including possible financing, sale of the operations and other alternatives.
"As the company evolves to become one of the premier destination online video platforms, we believe it is necessary to explore any and all potential avenues of growth," said Jordan Hudgens, CEO, Vidshadow. "Vidshadow possesses the best-in-class technology and premium content, which have enabled us to build our viewership and content partnerships steadily and provide proven monetization value for publishers, advertisers and content providers."
For media inquiries, please contact Christina Oh at coh@5wpr.com or at 212.584.4270.
About Vidshadow
Founded in 2006, Vidshadow (Other OTC: VSHD.PK) is one of the Internet's fastest growing video distribution networks providing solutions to advertisers, content providers, and affiliate web sites. Vidshadow offers advanced streaming video technologies for consumers and corporate enterprises to leverage for increased monetization and expanded brand reach. For more information, please visit 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.
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
Company Retains Financial Advisor to Explore Strategic Opportunities
PLACENTIA, Calif., Aug. 20 /PRNewswire-FirstCall/ -- Vidshadow, Inc. (Pink Sheets: VSHD - News; www.Vidshadow.com), an end-to-end solution for online video distribution, management and monetization, today announced that CEO Jordan Hudgens will be a featured speaker during RedChip's Emerging Markets Small-Cap Investor Conference on August 21, 2008 at the Marriott Marquis in New York City.
Hudgens will share the financial health of the company, as well as the strategic vision as it stays focused on delivering only premium niche content in the areas of news, entertainment, sports, health and lifestyle.
As one of the fastest growing online video networks, Vidshadow continues to attract exclusive premium content deals, providing publishers and advertisers with attractive, increased monetization opportunities in the market. It has already made major content partnerships with National Lampoon, Ego TV and Mexican national icon and five time boxing world champion Julio Cesar Chavez.
In its ongoing commitment to enhance shareholder value, the Company also announced today the engagement of Oppenheimer & Co. Inc. as its exclusive financial advisor. While exact terms of the engagement were not disclosed, Oppenheimer will assist Vidshadow in evaluating various strategic opportunities including possible financing, sale of the operations and other alternatives.
"As the company evolves to become one of the premier destination online video platforms, we believe it is necessary to explore any and all potential avenues of growth," said Jordan Hudgens, CEO, Vidshadow. "Vidshadow possesses the best-in-class technology and premium content, which have enabled us to build our viewership and content partnerships steadily and provide proven monetization value for publishers, advertisers and content providers."
For media inquiries, please contact Christina Oh at coh@5wpr.com or at 212.584.4270.
About Vidshadow
Founded in 2006, Vidshadow (Other OTC: VSHD.PK) is one of the Internet's fastest growing video distribution networks providing solutions to advertisers, content providers, and affiliate web sites. Vidshadow offers advanced streaming video technologies for consumers and corporate enterprises to leverage for increased monetization and expanded brand reach. For more information, please visit 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.
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
Robert G. Pedersen II, President and CEO of ZAGG Inc., is the Featured Guest in an Audio Interview at SmallCapVoice.com
Wednesday August 20, 7:53 am ET
AUSTIN, Texas--(BUSINESS WIRE)--SmallCapVoice.com, Inc. today announced that a new audio interview featuring, Robert G. Pedersen II, President and CEO of ZAGG Inc. (OTC BB: ZAGG.OB), is now available at SmallCapVoice.com. Mr. Pedersen provides his personal insight into the factors that led to the Company's recently announced 250% increase in year-to-date sales. The interview can be heard here at http://smallcapvoice.com/zagg/zagg-8-19-08.php.
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/services.html.
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 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.
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
AUSTIN, Texas--(BUSINESS WIRE)--SmallCapVoice.com, Inc. today announced that a new audio interview featuring, Robert G. Pedersen II, President and CEO of ZAGG Inc. (OTC BB: ZAGG.OB), is now available at SmallCapVoice.com. Mr. Pedersen provides his personal insight into the factors that led to the Company's recently announced 250% increase in year-to-date sales. The interview can be heard here at http://smallcapvoice.com/zagg/zagg-8-19-08.php.
SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/services.html.
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 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.
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
EnterConnect Collaborates With Intel to Extend Reach Into the Global SMB Market
Wednesday August 20, 1:30 pm ET
EnterConnect Sees Intel Business Builder Program as Key to Reaching New Worldwide Prospects
SAN JOSE, Calif., Aug. 20, 2008 (GLOBE NEWSWIRE) -- EnterConnect Inc. (OTC.BB: ECNI.OB), a leading provider of Enterprise-Proven On-Demand Business Portals, announced that it has joined the Intel(r) Business Builder Program to create broader global exposure and visibility for EnterConnect's on-demand business solutions.
EnterConnect's flagship product, EnterConnect 8.8, will be one of the first solutions to achieve certification through the Intel(r) Certified Solutions Program and will be available on the Intel(r) Business Exchange. The Intel Business Exchange is an online marketplace for small and medium businesses to search for and buy software specifically designed for their special needs.
``The Intel Certified Solutions Program delivers immediate business value,'' says J. Scott Harrison, director, Partner Programs Organization for Intel. ``Through certification, program members can increase customer confidence to help drive their sales and increase their competitive advantage in the global marketplace.
EnterConnect's portal framework consolidates intranets, extranets and Internet sites into a unified portal platform that promotes collaboration and provides content federation for Customers, Employees, Partners and Teams.
``We are very pleased to be partnering with Intel as part of the Intel Business Builder Program,'' said Sam Jankovich, President and CEO of EnterConnect. ``EnterConnect's solutions have a strong track record of proven success in the U.S. market and this collaboration will now enable us to reach new prospects on a global basis.''
EnterConnect on-demand solutions address the requirements of specific industries, as well as business processes that are common across multiple industries, and include:
Campaign Management -- provides the capability to send personalized and relevant information to various audiences, through the portal, over time to drive targeted, effective marketing campaigns that deliver measurable sales results.
Channel Enablement -- provides the ability to cost effectively recruit, develop, educate and support your channel, allowing channel partners to bring your products and services to market more quickly.
Employee On-Boarding -- provides task-based self-service for new employees to collaborate with all involved persons and departments, allowing employees to integrate quickly and seamlessly with their new role and to achieve rapid productivity.
Project Collaboration -- provides a centralized portal resource for organizations to share information, check-in/out documents and presentations, and collaborate with co-workers, partners and customers -- anytime and anywhere.
Financial Services -- provides financial services organizations -- retail banks, investment banks, hedge funds -- with the features necessary to improve internal controls, limit potential breaches and improve quality of service through automation and content federation.
The Intel Certified Solutions Program certification service is provided by SpikeSource, a leader in software assembly, testing, packaging and updating. The automated testing and validation process reduces development and support costs for software vendors, and provides end users with a greatly enhanced experience by helping ensure secure, high quality software that is optimized for Intel Architecture.
About EnterConnect Inc.
EnterConnect Inc. is a leading provider of enterprise-proven on-demand business portals that improve communication, collaboration and business processes to help companies increase customer satisfaction, growth and productivity. EnterConnect's portals enable customers, employees, partners, suppliers and other stakeholders to securely consolidate, collaborate and connect online -- at anytime, from anywhere -- to accelerate business on-demand. EnterConnect solutions are based on a rich technology foundation in use at more than 50 Fortune 1000 companies. Now available on-demand, these solutions are used at leading organizations across diverse industries including Exide Technologies, John Thomas Capital Management, Piedmont Church, RedChip Companies, Rheem Manufacturing, Rush University Medical Center and others. For more information visit http://www.enterconnect.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
EnterConnect Sees Intel Business Builder Program as Key to Reaching New Worldwide Prospects
SAN JOSE, Calif., Aug. 20, 2008 (GLOBE NEWSWIRE) -- EnterConnect Inc. (OTC.BB: ECNI.OB), a leading provider of Enterprise-Proven On-Demand Business Portals, announced that it has joined the Intel(r) Business Builder Program to create broader global exposure and visibility for EnterConnect's on-demand business solutions.
EnterConnect's flagship product, EnterConnect 8.8, will be one of the first solutions to achieve certification through the Intel(r) Certified Solutions Program and will be available on the Intel(r) Business Exchange. The Intel Business Exchange is an online marketplace for small and medium businesses to search for and buy software specifically designed for their special needs.
``The Intel Certified Solutions Program delivers immediate business value,'' says J. Scott Harrison, director, Partner Programs Organization for Intel. ``Through certification, program members can increase customer confidence to help drive their sales and increase their competitive advantage in the global marketplace.
EnterConnect's portal framework consolidates intranets, extranets and Internet sites into a unified portal platform that promotes collaboration and provides content federation for Customers, Employees, Partners and Teams.
``We are very pleased to be partnering with Intel as part of the Intel Business Builder Program,'' said Sam Jankovich, President and CEO of EnterConnect. ``EnterConnect's solutions have a strong track record of proven success in the U.S. market and this collaboration will now enable us to reach new prospects on a global basis.''
EnterConnect on-demand solutions address the requirements of specific industries, as well as business processes that are common across multiple industries, and include:
Campaign Management -- provides the capability to send personalized and relevant information to various audiences, through the portal, over time to drive targeted, effective marketing campaigns that deliver measurable sales results.
Channel Enablement -- provides the ability to cost effectively recruit, develop, educate and support your channel, allowing channel partners to bring your products and services to market more quickly.
Employee On-Boarding -- provides task-based self-service for new employees to collaborate with all involved persons and departments, allowing employees to integrate quickly and seamlessly with their new role and to achieve rapid productivity.
Project Collaboration -- provides a centralized portal resource for organizations to share information, check-in/out documents and presentations, and collaborate with co-workers, partners and customers -- anytime and anywhere.
Financial Services -- provides financial services organizations -- retail banks, investment banks, hedge funds -- with the features necessary to improve internal controls, limit potential breaches and improve quality of service through automation and content federation.
The Intel Certified Solutions Program certification service is provided by SpikeSource, a leader in software assembly, testing, packaging and updating. The automated testing and validation process reduces development and support costs for software vendors, and provides end users with a greatly enhanced experience by helping ensure secure, high quality software that is optimized for Intel Architecture.
About EnterConnect Inc.
EnterConnect Inc. is a leading provider of enterprise-proven on-demand business portals that improve communication, collaboration and business processes to help companies increase customer satisfaction, growth and productivity. EnterConnect's portals enable customers, employees, partners, suppliers and other stakeholders to securely consolidate, collaborate and connect online -- at anytime, from anywhere -- to accelerate business on-demand. EnterConnect solutions are based on a rich technology foundation in use at more than 50 Fortune 1000 companies. Now available on-demand, these solutions are used at leading organizations across diverse industries including Exide Technologies, John Thomas Capital Management, Piedmont Church, RedChip Companies, Rheem Manufacturing, Rush University Medical Center and others. For more information visit http://www.enterconnect.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
ZBB Energy Corporation Announces Sales Distribution Agreement With New Age Energy, Inc.
Thursday August 7, 7:30 am ET
Milwaukee Firm Partners With New Age to Supply Energy Storage Systems Starting With Rutgers University Zero Net Energy Visitors Center
MILWAUKEE, Aug. 7 /PRNewswire-FirstCall/ -- ZBB Energy Corporation (AMEX: ZBB) announced today that it has entered into a sales distribution agreement with New Age Energy, Inc. of Mount Laurel, NJ and will partner with New Age to initially supply its ZESS 50(TM) regenerative fuel cell for the new Zero Net Energy visitors center at Rutgers University.
New Age Energy, Inc ("NAE"), a technology sales and engineering company, provides affordable, renewable energy sources for industry and government facilities. ZBB Energy Corporation is a developer and manufacturer of distributed energy storage solutions known as Zinc Energy Storage Systems (ZESS).
ZBB Energy Corporation CEO Rob Parry said the partnership was a natural for both companies.
"We're very excited to be working with New Age," Parry said. "New Age has a firm understanding of the need for energy storage and for opening key market channels for ZESS products into their zero net energy building systems. New Age also understands the ZESS applications for utility, commercial and institutional integrations and will be focusing on these key market areas."
In order to achieve zero net energy, which means the facility generates and utilizes its own power, the Rutgers visitors center will use multiple ZESS 50(TM) energy storage systems in order to store energy at the time of generation for later use when those generating sources, such as solar, are not available. Based on ZBB's proprietary 50 kWh energy storage module the ZESS 50(TM) is a standard product and may also be configured and packaged as a fully customized energy storage system, according to Parry.
"Efficient, effective energy storage is the 'Holy Grail' of the electrical industry," said Michael Betsch, New Age Energy's CEO. "No matter what kinds of alternative renewable energy sources are developed, they cannot be fully utilized if there's no way to store the energy they generate for use during peak-demand hours. ZBB's electrical fuel cell is the answer." Rutgers University, in its ongoing quest to construct a Green building that uses net zero energy, has hired NAE to incorporate ZBB's fuel cell as the electrical storage system for its new Visitors Center. "The compact, environmentally friendly, efficient storage of electricity is the future of green renewable technologies and energy security," says Mike Kornitas, Energy Conservation Manager of Rutgers.
Erwin Bogner, President of New Age predicted that Rutgers University's visitors center will be a model for future green net-zero buildings. However, he plans to target the bulk of NAE's marketing efforts towards utility companies and renewable generators, promoting the storage cell either as a stand-alone product or in combination with concentrated solar systems. "I believe that's the true market for this product going forward," Bogner said.
About ZBB Energy Corporation
ZBB Energy Corporation develops and manufactures distributed energy storage solutions based on the Company's proprietary environmentally friendly, zinc rechargeable electrical energy storage technology. The unique modular construction of the Company's core 50 kWh product enables ZBB's fuel cell type energy storage system to be sized and packaged as products (ZESS 50(TM), ZESS 500(TM)) as well as a fully customized, large format, energy storage system. This scalable, mobile system is ideally suited for large market applications.
About New Age Energy, Inc.
New Age Energy Inc. is an innovative technology sales and engineering company that provides affordable, renewable energy solutions for industry and government facilities. By integrating renewable energy sources with a high-capacity energy storage system and a customizable energy management system, New Age Energy has the potential to provide its clients with up to 100 percent of their renewable energy needs.
Safe Harbor
Except for the historical information contained herein, the matters set forth in this press release, including the description of the company and its product offering, are forward-looking statements within the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risk and uncertainties that may cause actual results to differ materially, including historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.
About SMH Market & Liquidity Services
SMH Market & Liquidity Services is an unregulated affiliate of SMH Capital Inc., a registered broker-dealer and a member of FINRA and SIPC, and a subsidiary of Sanders Morris Harris Group. SMH Market & Liquidity Services helps small cap companies seeking to expand their investor exposure and market depth and breadth through a broad spectrum of services that include comprehensive perspective reports, strategic shareholder communications, and trading analysis. SMH Market & Liquidity Services receives compensation from its company clients for all communications and publications prepared on its behalf (http://www.smhmls.com). In addition, SMH Capital may provide, or may have provided, any of its services to the subject company, including market making, specialized and other proprietary trading, fund management, investment services and investment banking. This is not a solicitation to buy or offer to sell or the subject company's securities.
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
Milwaukee Firm Partners With New Age to Supply Energy Storage Systems Starting With Rutgers University Zero Net Energy Visitors Center
MILWAUKEE, Aug. 7 /PRNewswire-FirstCall/ -- ZBB Energy Corporation (AMEX: ZBB) announced today that it has entered into a sales distribution agreement with New Age Energy, Inc. of Mount Laurel, NJ and will partner with New Age to initially supply its ZESS 50(TM) regenerative fuel cell for the new Zero Net Energy visitors center at Rutgers University.
New Age Energy, Inc ("NAE"), a technology sales and engineering company, provides affordable, renewable energy sources for industry and government facilities. ZBB Energy Corporation is a developer and manufacturer of distributed energy storage solutions known as Zinc Energy Storage Systems (ZESS).
ZBB Energy Corporation CEO Rob Parry said the partnership was a natural for both companies.
"We're very excited to be working with New Age," Parry said. "New Age has a firm understanding of the need for energy storage and for opening key market channels for ZESS products into their zero net energy building systems. New Age also understands the ZESS applications for utility, commercial and institutional integrations and will be focusing on these key market areas."
In order to achieve zero net energy, which means the facility generates and utilizes its own power, the Rutgers visitors center will use multiple ZESS 50(TM) energy storage systems in order to store energy at the time of generation for later use when those generating sources, such as solar, are not available. Based on ZBB's proprietary 50 kWh energy storage module the ZESS 50(TM) is a standard product and may also be configured and packaged as a fully customized energy storage system, according to Parry.
"Efficient, effective energy storage is the 'Holy Grail' of the electrical industry," said Michael Betsch, New Age Energy's CEO. "No matter what kinds of alternative renewable energy sources are developed, they cannot be fully utilized if there's no way to store the energy they generate for use during peak-demand hours. ZBB's electrical fuel cell is the answer." Rutgers University, in its ongoing quest to construct a Green building that uses net zero energy, has hired NAE to incorporate ZBB's fuel cell as the electrical storage system for its new Visitors Center. "The compact, environmentally friendly, efficient storage of electricity is the future of green renewable technologies and energy security," says Mike Kornitas, Energy Conservation Manager of Rutgers.
Erwin Bogner, President of New Age predicted that Rutgers University's visitors center will be a model for future green net-zero buildings. However, he plans to target the bulk of NAE's marketing efforts towards utility companies and renewable generators, promoting the storage cell either as a stand-alone product or in combination with concentrated solar systems. "I believe that's the true market for this product going forward," Bogner said.
About ZBB Energy Corporation
ZBB Energy Corporation develops and manufactures distributed energy storage solutions based on the Company's proprietary environmentally friendly, zinc rechargeable electrical energy storage technology. The unique modular construction of the Company's core 50 kWh product enables ZBB's fuel cell type energy storage system to be sized and packaged as products (ZESS 50(TM), ZESS 500(TM)) as well as a fully customized, large format, energy storage system. This scalable, mobile system is ideally suited for large market applications.
About New Age Energy, Inc.
New Age Energy Inc. is an innovative technology sales and engineering company that provides affordable, renewable energy solutions for industry and government facilities. By integrating renewable energy sources with a high-capacity energy storage system and a customizable energy management system, New Age Energy has the potential to provide its clients with up to 100 percent of their renewable energy needs.
Safe Harbor
Except for the historical information contained herein, the matters set forth in this press release, including the description of the company and its product offering, are forward-looking statements within the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risk and uncertainties that may cause actual results to differ materially, including historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.
About SMH Market & Liquidity Services
SMH Market & Liquidity Services is an unregulated affiliate of SMH Capital Inc., a registered broker-dealer and a member of FINRA and SIPC, and a subsidiary of Sanders Morris Harris Group. SMH Market & Liquidity Services helps small cap companies seeking to expand their investor exposure and market depth and breadth through a broad spectrum of services that include comprehensive perspective reports, strategic shareholder communications, and trading analysis. SMH Market & Liquidity Services receives compensation from its company clients for all communications and publications prepared on its behalf (http://www.smhmls.com). In addition, SMH Capital may provide, or may have provided, any of its services to the subject company, including market making, specialized and other proprietary trading, fund management, investment services and investment banking. This is not a solicitation to buy or offer to sell or the subject company's securities.
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. Reports Significant Growth, Positive Second Quarter Results
Friday August 8, 5:45 pm ET
invisibleSHIELD(TM) Manufacturer Announces Release Schedule, Conference Call for Second Quarter
SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc. (OTC BB: ZAGG.OB), an industry leader in providing protective film coverings for personal electronics, will report its financial results for the second quarter of Fiscal Year 2008 ended June 30, 2008 on Friday, August 15, 2008.
"It is always exciting to report positive results, and we were quite pleased with the second quarter of 2008," said Robert G. Pedersen II, ZAGG's President and CEO. "I look forward to sharing the news with our investors and having this opportunity to interact with our supporters."
ZAGG executives will be available to answer questions during an investor conference call on Friday, August 15, 2008 at 1:00 PM ET. Information will be presented regarding the results as reported in Form 10-Q for the three months ended June 30, 2008. To participate in the call please dial 877-407-0782 (201-689-8567 for international callers). Interested parties may also listen via the Internet at: www.investorcalendar.com and on the company website at: www.ZAGG.com. The call will be available for replay for 30 days by dialing 877-660-6853 (201-612-7415 for international callers) and entering account number 286 and call ID number 293716.
About ZAGG Inc:
ZAGG Inc designs, manufactures, and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide under the brand name invisibleSHIELD™. 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 of clear protective film covering a device 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.
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
invisibleSHIELD(TM) Manufacturer Announces Release Schedule, Conference Call for Second Quarter
SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc. (OTC BB: ZAGG.OB), an industry leader in providing protective film coverings for personal electronics, will report its financial results for the second quarter of Fiscal Year 2008 ended June 30, 2008 on Friday, August 15, 2008.
"It is always exciting to report positive results, and we were quite pleased with the second quarter of 2008," said Robert G. Pedersen II, ZAGG's President and CEO. "I look forward to sharing the news with our investors and having this opportunity to interact with our supporters."
ZAGG executives will be available to answer questions during an investor conference call on Friday, August 15, 2008 at 1:00 PM ET. Information will be presented regarding the results as reported in Form 10-Q for the three months ended June 30, 2008. To participate in the call please dial 877-407-0782 (201-689-8567 for international callers). Interested parties may also listen via the Internet at: www.investorcalendar.com and on the company website at: www.ZAGG.com. The call will be available for replay for 30 days by dialing 877-660-6853 (201-612-7415 for international callers) and entering account number 286 and call ID number 293716.
About ZAGG Inc:
ZAGG Inc designs, manufactures, and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide under the brand name invisibleSHIELD™. 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 of clear protective film covering a device 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.
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 Inc. Announces Nearly 250% Increase in Year-to-Date Sales
Thursday August 14, 5:20 pm ET
Company Reports Positive Net Income for Second Quarter and Year-to-Date 2008
SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc. (OTC BB: ZAGG.OB), the world's first provider of a unique protective film covering under the brand name invisibleSHIELD, today announced significant increase in revenues over the second quarter of 2007 and positive net income for the second quarter and for the six months ended June 30, 2008.
"These results come from successful execution of an aggressive business plan, and the new level of sales and growth should be very encouraging to our investors," said Robert G. Pedersen II, President and CEO of ZAGG. "To have such an outstanding jump in sales is bound to create challenges, of course, but I am very pleased with how we have responded and continue to respond to these new opportunities."
"Our website sales have never been stronger, and our distribution partnerships are really helping to move the invisibleSHIELD brand forward," said Pedersen. "Even as we are announcing an almost 250% increase in revenue, we are confident that there is nowhere to go but up."
These events will be discussed in further detail during the investor conference call scheduled for Friday, August 15, 2008 at 1:00 PM ET. Executives will be available to answer questions, and information will be presented regarding the results as reported in Form 10-Q for the three and six months ended June 30, 2008. To participate in the call please dial 877-407-9210 (201-689-8049 for international callers). Interested parties may also listen via the Internet at: www.investorcalendar.com and on the Company website at: www.ZAGG.com. The call will be available for replay for 30 days by dialing 877-660-6853 (201-612-7415 for international callers) and entering account number 286 and call ID number 293716.
Financial Results
Net sales for the second quarter of 2008 were $2,739,176, an increase of 240.5% compared to net sales of $804,458 for the second quarter of 2007. Net sales for the six months ended June 30, 2008 were $5,584,597, an increase of 249.6% compared to net sales of $1,597,306 for the six months ended June 30, 2007.
Gross profit for the second quarter of 2008 was $2,026,962, or 74% of sales, compared to $203,672, or 74.7% of sales, in the second quarter of 2007. Gross profit for the six months ended June 30, 2008 was $4,094,591, or 73.3% of sales, compared to $1,206,475, or 75.5% of sales. We reported net income of $174,703 or $0.01 per share in the second quarter of 2008 compared to a net less of ($48,293) or ($0.00) per share in the second quarter of 2007. We reported net income of $60,532 or $0.00 for the six months ended June 30, 2008 compared to a net loss of ($318,865) or ($0.02) for the six months ended June 30, 2007.
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 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.
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 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.
ZAGG INCORPORATED AND SUBSIDIARY
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
?
? June 30, ? December 31,
? ? 2008 ? 2007
?
ASSETS
?
Current assets
Cash $ 475,940 $ 2,129,215
Accounts receivable, net 821,161 402,446
Inventories 680,509 447,044
Prepaid advertising 244,482 204,976
Prepaid expenses and other current assets 892,121 122,107
Deferred income tax assets ? ? 12,829 ? ? ? 12,829 ?
?
Total current assets 3,127,042 3,318,617
?
Property and equipment, net 447,253 328,077
?
Deferred income tax assets 407,188 444,118
?
Deposits and other assets 30,537 30,547
?
Intangible assets, net ? ? 46,535 ? ? ? 46,894 ?
?
Total assets ? $ 4,058,555 ? ? $ 4,168,253 ?
?
LIABILITIES AND STOCKHOLDERS' EQUITY
?
Current liabilities
Notes payable $ 29,655 $ 42,090
Accounts payable 236,693 505,575
Accrued liabilities 41,997 35,814
Accrued wages and wage related expenses 101,283 95,537
Deferred licensing revenue 71,703 100,911
Sales returns liability ? ? 66,658 ? ? ? 23,861 ?
?
Total current liabilities ? ? 547,989 ? ? ? 803,788 ?
?
Total liabilities ? ? 547,989 ? ? ? 803,788 ?
?
Stockholders' equity
Common stock, $0.001 par value; 50,000,000 shares authorized; 18,893,995 and 18,853,995 shares issued and outstanding, respectively
18,895 18,855
Warrants to purchase common stock 750,476 750,476
Additional paid-in capital 3,422,169 3,341,388
Cumulative translation adjustment 882 (3,866 )
Accumulated deficit ? ? (681,856 ) ? ? (742,388 )
?
Total stockholders' equity ? ? 3,510,566 ? ? ? 3,364,465 ?
?
Total liabilities and stockholders' equity ? $ 4,058,555 ? ? $ 4,168,253 ?
ZAGG INCORPORATED AND SUBSIDIARY
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
? ? ? ?
Three Months Ended
Three Months Ended Six Months Ended Six Months Ended
? ? June 30, 2008 ? June 30, 2007 ? June 30, 2008 ? June 30, 2007
?
?
Net sales $ 2,739,176 $ 804,458 $ 5,584,597 $ 1,597,306
Cost of sales ? ? 712,214 ? ? ? 203,672 ? ? ? 1,490,006 ? ? ? 390,831 ?
?
Gross profit ? ? 2,026,962 ? ? ? 600,786 ? ? ? 4,094,591 ? ? ? 1,206,475 ?
?
Operating expenses:
Advertising and marketing 484,728 79,188 1,274,792 254,231
Selling, general and administrative ? ? 1,343,778 ? ? ? 554,037 ? ? ? 2,849,199 ? ? ? 1,246,785 ?
?
Total operating expenses ? ? 1,828,506 ? ? ? 633,225 ? ? ? 4,123,991 ? ? ? 1,501,016 ?
?
Income (loss) from operations 198,456 (32,439 ) (29,400 ) (294,541 )
?
Other income (expense):
Interest expense (972 ) (20,231 ) (2,674 ) (26,099 )
Interest and other income ? ? 81,149 ? ? ? 3,969 ? ? ? 129,536 ? ? ? 4,085 ?
?
Total other income (expense) ? ? 80,177 ? ? ? (16,262 ) ? ? 126,862 ? ? ? (22,014 )
?
Income (loss) before benefit (provision) for income taxes 278,633 (48,701 ) 97,462 (316,555 )
?
Income tax benefit (provision) ? ? (103,930 ) ? ? 408 ? ? ? (36,930 ) ? ? (2,310 )
?
Net income (loss) ? $ 174,703 ? ? $ (48,293 ) ? $ 60,532 ? ? $ (318,865 )
?
Basic net income (loss) per common share ? $ 0.01 ? ? $ (0.00 ) ? $ 0.00 ? ? $ (0.02 )
?
Diluted net income (loss) per common share ? $ 0.01 ? ? $ (0.00 ) ? $ 0.00 ? ? $ (0.02 )
?
Weighted average number of shares outstanding - basic ? ? 18,884,105 ? ? ? 15,168,995 ? ? ? 18,884,050 ? ? ? 14,596,739 ?
?
Weighted average number of shares outstanding - diluted ? ? 18,936,055 ? ? ? 15,168,995 ? ? ? 18,976,547 ? ? ? 14,596,739 ?
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
Company Reports Positive Net Income for Second Quarter and Year-to-Date 2008
SALT LAKE CITY--(BUSINESS WIRE)--ZAGG Inc. (OTC BB: ZAGG.OB), the world's first provider of a unique protective film covering under the brand name invisibleSHIELD, today announced significant increase in revenues over the second quarter of 2007 and positive net income for the second quarter and for the six months ended June 30, 2008.
"These results come from successful execution of an aggressive business plan, and the new level of sales and growth should be very encouraging to our investors," said Robert G. Pedersen II, President and CEO of ZAGG. "To have such an outstanding jump in sales is bound to create challenges, of course, but I am very pleased with how we have responded and continue to respond to these new opportunities."
"Our website sales have never been stronger, and our distribution partnerships are really helping to move the invisibleSHIELD brand forward," said Pedersen. "Even as we are announcing an almost 250% increase in revenue, we are confident that there is nowhere to go but up."
These events will be discussed in further detail during the investor conference call scheduled for Friday, August 15, 2008 at 1:00 PM ET. Executives will be available to answer questions, and information will be presented regarding the results as reported in Form 10-Q for the three and six months ended June 30, 2008. To participate in the call please dial 877-407-9210 (201-689-8049 for international callers). Interested parties may also listen via the Internet at: www.investorcalendar.com and on the Company website at: www.ZAGG.com. The call will be available for replay for 30 days by dialing 877-660-6853 (201-612-7415 for international callers) and entering account number 286 and call ID number 293716.
Financial Results
Net sales for the second quarter of 2008 were $2,739,176, an increase of 240.5% compared to net sales of $804,458 for the second quarter of 2007. Net sales for the six months ended June 30, 2008 were $5,584,597, an increase of 249.6% compared to net sales of $1,597,306 for the six months ended June 30, 2007.
Gross profit for the second quarter of 2008 was $2,026,962, or 74% of sales, compared to $203,672, or 74.7% of sales, in the second quarter of 2007. Gross profit for the six months ended June 30, 2008 was $4,094,591, or 73.3% of sales, compared to $1,206,475, or 75.5% of sales. We reported net income of $174,703 or $0.01 per share in the second quarter of 2008 compared to a net less of ($48,293) or ($0.00) per share in the second quarter of 2007. We reported net income of $60,532 or $0.00 for the six months ended June 30, 2008 compared to a net loss of ($318,865) or ($0.02) for the six months ended June 30, 2007.
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 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.
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 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.
ZAGG INCORPORATED AND SUBSIDIARY
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
?
? June 30, ? December 31,
? ? 2008 ? 2007
?
ASSETS
?
Current assets
Cash $ 475,940 $ 2,129,215
Accounts receivable, net 821,161 402,446
Inventories 680,509 447,044
Prepaid advertising 244,482 204,976
Prepaid expenses and other current assets 892,121 122,107
Deferred income tax assets ? ? 12,829 ? ? ? 12,829 ?
?
Total current assets 3,127,042 3,318,617
?
Property and equipment, net 447,253 328,077
?
Deferred income tax assets 407,188 444,118
?
Deposits and other assets 30,537 30,547
?
Intangible assets, net ? ? 46,535 ? ? ? 46,894 ?
?
Total assets ? $ 4,058,555 ? ? $ 4,168,253 ?
?
LIABILITIES AND STOCKHOLDERS' EQUITY
?
Current liabilities
Notes payable $ 29,655 $ 42,090
Accounts payable 236,693 505,575
Accrued liabilities 41,997 35,814
Accrued wages and wage related expenses 101,283 95,537
Deferred licensing revenue 71,703 100,911
Sales returns liability ? ? 66,658 ? ? ? 23,861 ?
?
Total current liabilities ? ? 547,989 ? ? ? 803,788 ?
?
Total liabilities ? ? 547,989 ? ? ? 803,788 ?
?
Stockholders' equity
Common stock, $0.001 par value; 50,000,000 shares authorized; 18,893,995 and 18,853,995 shares issued and outstanding, respectively
18,895 18,855
Warrants to purchase common stock 750,476 750,476
Additional paid-in capital 3,422,169 3,341,388
Cumulative translation adjustment 882 (3,866 )
Accumulated deficit ? ? (681,856 ) ? ? (742,388 )
?
Total stockholders' equity ? ? 3,510,566 ? ? ? 3,364,465 ?
?
Total liabilities and stockholders' equity ? $ 4,058,555 ? ? $ 4,168,253 ?
ZAGG INCORPORATED AND SUBSIDIARY
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
? ? ? ?
Three Months Ended
Three Months Ended Six Months Ended Six Months Ended
? ? June 30, 2008 ? June 30, 2007 ? June 30, 2008 ? June 30, 2007
?
?
Net sales $ 2,739,176 $ 804,458 $ 5,584,597 $ 1,597,306
Cost of sales ? ? 712,214 ? ? ? 203,672 ? ? ? 1,490,006 ? ? ? 390,831 ?
?
Gross profit ? ? 2,026,962 ? ? ? 600,786 ? ? ? 4,094,591 ? ? ? 1,206,475 ?
?
Operating expenses:
Advertising and marketing 484,728 79,188 1,274,792 254,231
Selling, general and administrative ? ? 1,343,778 ? ? ? 554,037 ? ? ? 2,849,199 ? ? ? 1,246,785 ?
?
Total operating expenses ? ? 1,828,506 ? ? ? 633,225 ? ? ? 4,123,991 ? ? ? 1,501,016 ?
?
Income (loss) from operations 198,456 (32,439 ) (29,400 ) (294,541 )
?
Other income (expense):
Interest expense (972 ) (20,231 ) (2,674 ) (26,099 )
Interest and other income ? ? 81,149 ? ? ? 3,969 ? ? ? 129,536 ? ? ? 4,085 ?
?
Total other income (expense) ? ? 80,177 ? ? ? (16,262 ) ? ? 126,862 ? ? ? (22,014 )
?
Income (loss) before benefit (provision) for income taxes 278,633 (48,701 ) 97,462 (316,555 )
?
Income tax benefit (provision) ? ? (103,930 ) ? ? 408 ? ? ? (36,930 ) ? ? (2,310 )
?
Net income (loss) ? $ 174,703 ? ? $ (48,293 ) ? $ 60,532 ? ? $ (318,865 )
?
Basic net income (loss) per common share ? $ 0.01 ? ? $ (0.00 ) ? $ 0.00 ? ? $ (0.02 )
?
Diluted net income (loss) per common share ? $ 0.01 ? ? $ (0.00 ) ? $ 0.00 ? ? $ (0.02 )
?
Weighted average number of shares outstanding - basic ? ? 18,884,105 ? ? ? 15,168,995 ? ? ? 18,884,050 ? ? ? 14,596,739 ?
?
Weighted average number of shares outstanding - diluted ? ? 18,936,055 ? ? ? 15,168,995 ? ? ? 18,976,547 ? ? ? 14,596,739 ?
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
Renewable Energy Stocks Green Investor Audio Interview With Tom Djokovich, CEO of Thin Film Solar Company, XsunX, Inc. (OTCBB: XSNX)
Tuesday August 19, 8:00 am ET
"We've Designed Our Solar Modules Specifically for the Electrical Utilities Scale Market"
POINT ROBERTS, WA and DELTA, BC--(MARKET WIRE)--Aug 19, 2008 -- www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a green investor audio interview with Tom Djokovich, CEO of XsunX, Inc. (OTC BB: XSNX.OB). XsunX, Inc is a solar technology Company engaged in the build-out of its multi-megawatt thin film photovoltaic solar manufacturing facilities.
In the interview, Tom Djokovich, CEO of XsunX, discusses the company's business model, the thin film solar technology, recent progress, market drivers and current bids and proposals in the pipeline.
"A year ago we designed a solar module and a manufacturing system to produce it. In January we began building a manufacturing facility near Portland, Oregon. To start, we will build about 25 megawatts of production capacity, which represents approximately 200,000 marketable solar panels per year, and then grow that capacity to 35 megawatts by improving our system performance and adding work shifts. We then plan to begin efforts to scale to 100 megawatts of manufacturing capacity by some time in 2010," Tom Djokovich summarizes in describing his business model.
According to Mr. Djokovich, "Our modules are designed for the electrical utilities scale market where thousands of solar modules are used in each power field. We have started bidding projects for utilities and government agencies to install our modules. The second part of our target market is the conventional installer and integrator where we have received significant requests for purchases of our modules in 2009 and later."
In addressing the opportunity, Mr. Djokovich notes, "The electrical market is enormous. To keep up with demand, the utilities are reaching out for new power production methods that are clean and safe. Long term, these power fields are great investments that can provide a 5-year payback on the average installation and then you have 15 years of cash flow with low operating costs. We see this trend picking up significantly and have positioned ourselves to take advantage of this opportunity."
To hear full audio interview click here: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081508a.mp3.
Featured Showcase Solar Company XsunX (OTC BB: XSNX.OB): Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi-megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large-scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com(R) is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Hear more audio interviews at the Investorideas.com Green Investor Audio Series: http://www.investorideas.com/gi/.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. XsunX compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
* All interview content is based on previously disclosed public information in SEC filings and press releases.
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
"We've Designed Our Solar Modules Specifically for the Electrical Utilities Scale Market"
POINT ROBERTS, WA and DELTA, BC--(MARKET WIRE)--Aug 19, 2008 -- www.RenewableEnergyStocks.com, a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a green investor audio interview with Tom Djokovich, CEO of XsunX, Inc. (OTC BB: XSNX.OB). XsunX, Inc is a solar technology Company engaged in the build-out of its multi-megawatt thin film photovoltaic solar manufacturing facilities.
In the interview, Tom Djokovich, CEO of XsunX, discusses the company's business model, the thin film solar technology, recent progress, market drivers and current bids and proposals in the pipeline.
"A year ago we designed a solar module and a manufacturing system to produce it. In January we began building a manufacturing facility near Portland, Oregon. To start, we will build about 25 megawatts of production capacity, which represents approximately 200,000 marketable solar panels per year, and then grow that capacity to 35 megawatts by improving our system performance and adding work shifts. We then plan to begin efforts to scale to 100 megawatts of manufacturing capacity by some time in 2010," Tom Djokovich summarizes in describing his business model.
According to Mr. Djokovich, "Our modules are designed for the electrical utilities scale market where thousands of solar modules are used in each power field. We have started bidding projects for utilities and government agencies to install our modules. The second part of our target market is the conventional installer and integrator where we have received significant requests for purchases of our modules in 2009 and later."
In addressing the opportunity, Mr. Djokovich notes, "The electrical market is enormous. To keep up with demand, the utilities are reaching out for new power production methods that are clean and safe. Long term, these power fields are great investments that can provide a 5-year payback on the average installation and then you have 15 years of cash flow with low operating costs. We see this trend picking up significantly and have positioned ourselves to take advantage of this opportunity."
To hear full audio interview click here: http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081508a.mp3.
Featured Showcase Solar Company XsunX (OTC BB: XSNX.OB): Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi-megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large-scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/.
About Our Green Investor Portals:
www.RenewableEnergyStocks.com(R) is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Hear more audio interviews at the Investorideas.com Green Investor Audio Series: http://www.investorideas.com/gi/.
About InvestorIdeas.com:
"One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors." InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. XsunX compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
* All interview content is based on previously disclosed public information in SEC filings and press releases.
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
Worldwide Energy and Manufacturing USA Announces Record Revenue and Net Income for the Second Quarter 2008
Tuesday August 19, 2:20 pm ET
SOUTH SAN FRANCISCO, CA and SHANGHAI, CHINA--(MARKET WIRE)--Aug 19, 2008 -- Worldwide Energy and Manufacturing USA, Inc. (OTC BB: WEMU.OB)
-- Revenue increased 167% to $6.9 million for the second quarter 2008
-- Revenue increased 134% to $12.2 million for the six months ended June
30, 2008
-- Net income increased 90% to $425,000 for the second quarter 2008
-- Net income increased 100% to $655,000 for the six months ended June
30, 2008
Worldwide Energy and Manufacturing USA, Inc. (OTC BB: WEMU.OB), a U.S.-based China manufacturing company specializing in products for customers in the industries of solar energy, aerospace, wireless telecommunications, medical equipment and automotive, today announced record revenue and net income for the second quarter ended June 30, 2008.
Second Quarter Ended June 30, 2008
Net sales for the three months ended June 30, 2008 totaled $6.9 million, an increase of $4.3 million or 167%, compared to $2.6 million for the three months ended June 30, 2007. Revenue increased due to an increase in orders in the energy division of approximately $3.3 million for solar modules and an increase of approximately $300,000 in the die cast factory as a result of an order from Shanghai GM. Shanghai GM is one of the largest vehicle manufacturers in China and GM is the seventh Fortune 500 customer obtained by Worldwide Energy.
Gross profit totaled $1.3 million for the period ended June 30, 2008, an increase of 43%, compared to $936,000 for the period ended June 30, 2007. Cost of goods sold for the second quarter of 2008 was $5.5 million compared to $1.6 million for the same period in 2007. The increase was the result of greater revenues in the energy division and die cast factory.
Gross margin was 20% for the three months ended June 30, 2008 compared to 36% for the same period in 2007. The decline was the result of the Company utilizing more outside services for the production of solar modules. Gross margins are expected to continue to improve as the Company continues its transition to becoming a direct manufacturer of its products.
Net income for the three months ended June 30, 2008 totaled $425,000 or $0.20 per share, an increase of 90% compared to $223,000 or $0.11 per share.
Six Months Ended June 30, 2008
Net sales for the six months ended June 30, 2008 totaled $12.2 million compared to $5.2 million for the six months ended June 30, 2007, an increase of 134%. Orders from the energy division increased during this period by $5.8 million and represented 47% of sales. Sales generated from Shanghai GM totaled $1.3 million during this period.
For the six months ended June 30, 2008 gross profit totaled $2.5 million, an increase of 49%, compared to gross profit of $1.7 million in the same period in 2007. Cost of sales for the six months ended June 30, 2008 totaled $9.8 million compared to $3.6 million for the same period in 2007. Gross margin was 20% for the six months ended June 30, 2008 compared to 32% in the same period in 2007.
For the six month period in 2008 net income increased 100% to $655,000 or $0.29 per share, compared to $339,000 or $0.16 per share for the six month period in 2007.
Balance Sheet
Cash and cash equivalents totaled $1.7 million on June 30, 2008, compared to $2.1 million at year end. Accounts receivable increased to $4.7 million for the period ended June 30, 2008 compared to $3.3 million at year end. Days sales outstanding improved to 62 for the period ended June 30, 2008 compared to 130 for the period ended December 31, 2007.
Total current assets and total assets were $11.6 million and $12.3 million on June 30, 2008. This compared to total current assets and total assets of $8.2 million and $8.8 million at year end.
Total current liabilities and total liabilities totaled $2.7 million and $3.1 million on June 30, 2008 compared to total current liabilities and total liabilities of $4.4 million and $5 million at year end. The Company's current ratio improved to 4.31 to 1 for the period ended June 30, 2008 compared to 1.85 to 1 at year end.
On May 20, 2008, the Company paid off its line of credit in the amount of $960,000 and established a new line of credit. As of August 1, 2008 the amount used on the line of credit totaled $1.1 million. Additionally, in June 2008, the Company raised $5 million and issued 1.1 million shares of restricted common shares along with warrants to purchase an additional 722,000 shares at $7.00 and 389,000 shares at $9.00. These funds were used to expand the energy division and to provide additional working capital to expand and develop the Company's business segments.
Mr. Jimmy Wang, CEO of Worldwide Energy and Manufacturing, stated, "We are very pleased to announce the best second quarter in the company's history. Our Energy division is performing well and with increased capacity and new solar contracts, we expect to experience this strong financial growth for the remainder of 2008 and beyond. We are pleased to be working with yet another Fortune 500 company such as Shanghai GM. Our strong financial performance clearly demonstrates the company's business plan is working effectively. The remainder of 2008 is on track for explosive growth with records for both revenue and profitability."
About Worldwide Energy and Manufacturing USA, Inc.
Worldwide Energy and Manufacturing USA, Inc. ("Worldwide"), headquartered in South San Francisco, California, is a 15-year-old engineering-oriented firm specializing in PV panel, mechanical, electronics and fiber optic products manufacturing. The company's worldwide customer base includes the industries of solar energy, wireless telecommunications, aerospace, automobiles and medical equipment. Subsidiaries include Shanghai Intech Electro Mechanical Products Co. Ltd., Shanghai Intech Electronics Manufacturing Co. Ltd. and Shanghai Intech Precision Mechanical Products Manufacturing Co. Ltd., located in Shanghai, China.
For further information on Worldwide Energy and Manufacturing USA, Inc., please visit http://www.wwmusa.com. You may register to receive Worldwide Energy and Manufacturing USA, Inc.'s future press releases or request to be added to the Company's distribution list by contacting John Ballard.
Forward-looking statements:
The above news release contains forward-looking statements. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise.
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
SOUTH SAN FRANCISCO, CA and SHANGHAI, CHINA--(MARKET WIRE)--Aug 19, 2008 -- Worldwide Energy and Manufacturing USA, Inc. (OTC BB: WEMU.OB)
-- Revenue increased 167% to $6.9 million for the second quarter 2008
-- Revenue increased 134% to $12.2 million for the six months ended June
30, 2008
-- Net income increased 90% to $425,000 for the second quarter 2008
-- Net income increased 100% to $655,000 for the six months ended June
30, 2008
Worldwide Energy and Manufacturing USA, Inc. (OTC BB: WEMU.OB), a U.S.-based China manufacturing company specializing in products for customers in the industries of solar energy, aerospace, wireless telecommunications, medical equipment and automotive, today announced record revenue and net income for the second quarter ended June 30, 2008.
Second Quarter Ended June 30, 2008
Net sales for the three months ended June 30, 2008 totaled $6.9 million, an increase of $4.3 million or 167%, compared to $2.6 million for the three months ended June 30, 2007. Revenue increased due to an increase in orders in the energy division of approximately $3.3 million for solar modules and an increase of approximately $300,000 in the die cast factory as a result of an order from Shanghai GM. Shanghai GM is one of the largest vehicle manufacturers in China and GM is the seventh Fortune 500 customer obtained by Worldwide Energy.
Gross profit totaled $1.3 million for the period ended June 30, 2008, an increase of 43%, compared to $936,000 for the period ended June 30, 2007. Cost of goods sold for the second quarter of 2008 was $5.5 million compared to $1.6 million for the same period in 2007. The increase was the result of greater revenues in the energy division and die cast factory.
Gross margin was 20% for the three months ended June 30, 2008 compared to 36% for the same period in 2007. The decline was the result of the Company utilizing more outside services for the production of solar modules. Gross margins are expected to continue to improve as the Company continues its transition to becoming a direct manufacturer of its products.
Net income for the three months ended June 30, 2008 totaled $425,000 or $0.20 per share, an increase of 90% compared to $223,000 or $0.11 per share.
Six Months Ended June 30, 2008
Net sales for the six months ended June 30, 2008 totaled $12.2 million compared to $5.2 million for the six months ended June 30, 2007, an increase of 134%. Orders from the energy division increased during this period by $5.8 million and represented 47% of sales. Sales generated from Shanghai GM totaled $1.3 million during this period.
For the six months ended June 30, 2008 gross profit totaled $2.5 million, an increase of 49%, compared to gross profit of $1.7 million in the same period in 2007. Cost of sales for the six months ended June 30, 2008 totaled $9.8 million compared to $3.6 million for the same period in 2007. Gross margin was 20% for the six months ended June 30, 2008 compared to 32% in the same period in 2007.
For the six month period in 2008 net income increased 100% to $655,000 or $0.29 per share, compared to $339,000 or $0.16 per share for the six month period in 2007.
Balance Sheet
Cash and cash equivalents totaled $1.7 million on June 30, 2008, compared to $2.1 million at year end. Accounts receivable increased to $4.7 million for the period ended June 30, 2008 compared to $3.3 million at year end. Days sales outstanding improved to 62 for the period ended June 30, 2008 compared to 130 for the period ended December 31, 2007.
Total current assets and total assets were $11.6 million and $12.3 million on June 30, 2008. This compared to total current assets and total assets of $8.2 million and $8.8 million at year end.
Total current liabilities and total liabilities totaled $2.7 million and $3.1 million on June 30, 2008 compared to total current liabilities and total liabilities of $4.4 million and $5 million at year end. The Company's current ratio improved to 4.31 to 1 for the period ended June 30, 2008 compared to 1.85 to 1 at year end.
On May 20, 2008, the Company paid off its line of credit in the amount of $960,000 and established a new line of credit. As of August 1, 2008 the amount used on the line of credit totaled $1.1 million. Additionally, in June 2008, the Company raised $5 million and issued 1.1 million shares of restricted common shares along with warrants to purchase an additional 722,000 shares at $7.00 and 389,000 shares at $9.00. These funds were used to expand the energy division and to provide additional working capital to expand and develop the Company's business segments.
Mr. Jimmy Wang, CEO of Worldwide Energy and Manufacturing, stated, "We are very pleased to announce the best second quarter in the company's history. Our Energy division is performing well and with increased capacity and new solar contracts, we expect to experience this strong financial growth for the remainder of 2008 and beyond. We are pleased to be working with yet another Fortune 500 company such as Shanghai GM. Our strong financial performance clearly demonstrates the company's business plan is working effectively. The remainder of 2008 is on track for explosive growth with records for both revenue and profitability."
About Worldwide Energy and Manufacturing USA, Inc.
Worldwide Energy and Manufacturing USA, Inc. ("Worldwide"), headquartered in South San Francisco, California, is a 15-year-old engineering-oriented firm specializing in PV panel, mechanical, electronics and fiber optic products manufacturing. The company's worldwide customer base includes the industries of solar energy, wireless telecommunications, aerospace, automobiles and medical equipment. Subsidiaries include Shanghai Intech Electro Mechanical Products Co. Ltd., Shanghai Intech Electronics Manufacturing Co. Ltd. and Shanghai Intech Precision Mechanical Products Manufacturing Co. Ltd., located in Shanghai, China.
For further information on Worldwide Energy and Manufacturing USA, Inc., please visit http://www.wwmusa.com. You may register to receive Worldwide Energy and Manufacturing USA, Inc.'s future press releases or request to be added to the Company's distribution list by contacting John Ballard.
Forward-looking statements:
The above news release contains forward-looking statements. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise.
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 and The Spirited Woman Host Worldwide Search for the Most Spirited Woman
Tuesday August 19, 1:47 pm ET
Fast Growing Video Distribution Network Partners with Leading Women's Network For Inspiring Online Video Contest
PLACENTIA, Calif., Aug. 19 /PRNewswire-FirstCall/ -- Vidshadow, Inc. (Other OTC: VSHD.PK) and headquartered in Los Angeles, CA, The Spirited Woman is a growing and very inspired women's community, whose mission is to reach spirited women everywhere through a sense of adventure, freedom, energy, fun - taking a spirited woman approach to life. For more information call 888-428-1234 or visit: http://www.TheSpiritedWoman.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
Fast Growing Video Distribution Network Partners with Leading Women's Network For Inspiring Online Video Contest
PLACENTIA, Calif., Aug. 19 /PRNewswire-FirstCall/ -- Vidshadow, Inc. (Other OTC: VSHD.PK) and headquartered in Los Angeles, CA, The Spirited Woman is a growing and very inspired women's community, whose mission is to reach spirited women everywhere through a sense of adventure, freedom, energy, fun - taking a spirited woman approach to life. For more information call 888-428-1234 or visit: http://www.TheSpiritedWoman.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
Vertical Branding, Inc. Schedules Conference Call for Thursday, August 14 to Discuss Second Quarter Financial Results
Monday August 11, 8:20 am ET
LOS ANGELES--(BUSINESS WIRE)--Vertical Branding, Inc. (OTC BB: VBDG.OB) announced today that its management will hold a conference call on Thursday, August 14, 2008, at 4:30 p.m. ET (1:30 p.m. PT), to discuss financial results for the quarter ended June 30, 2008.
To participate in the event, please dial in as follows ten to fifteen minutes in advance to allow time for registration: dial 800-762-8973 if calling from within the United States; international callers should dial 480-629-1990. Please provide the passcode 3910885.
A link to a webcast archive of the event will also be available on the Company's web site at http://www.verticalbranding.com for a period of ninety (90) days.
About Vertical Branding, Inc.
Vertical Branding is a consumer products company selling high-quality household, beauty and personal care products at affordable prices. The Company builds consumer awareness for its products and brands through direct response television, Internet and print advertising, with the goal of broader wholesale distribution to many of the country's largest retailers and drug chains as well as catalogs, home shopping channels and international distributors. Vertical Branding develops its own proprietary products and brands and licenses the rights to other select products that pass its rigorous screening process. The Company's hottest-selling products and brands currently include MyPlace, SteamBuddy, Hercules Hook, ZorbEEZ, EZ Foldz Step Stool and Extreme Beam.
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
LOS ANGELES--(BUSINESS WIRE)--Vertical Branding, Inc. (OTC BB: VBDG.OB) announced today that its management will hold a conference call on Thursday, August 14, 2008, at 4:30 p.m. ET (1:30 p.m. PT), to discuss financial results for the quarter ended June 30, 2008.
To participate in the event, please dial in as follows ten to fifteen minutes in advance to allow time for registration: dial 800-762-8973 if calling from within the United States; international callers should dial 480-629-1990. Please provide the passcode 3910885.
A link to a webcast archive of the event will also be available on the Company's web site at http://www.verticalbranding.com for a period of ninety (90) days.
About Vertical Branding, Inc.
Vertical Branding is a consumer products company selling high-quality household, beauty and personal care products at affordable prices. The Company builds consumer awareness for its products and brands through direct response television, Internet and print advertising, with the goal of broader wholesale distribution to many of the country's largest retailers and drug chains as well as catalogs, home shopping channels and international distributors. Vertical Branding develops its own proprietary products and brands and licenses the rights to other select products that pass its rigorous screening process. The Company's hottest-selling products and brands currently include MyPlace, SteamBuddy, Hercules Hook, ZorbEEZ, EZ Foldz Step Stool and Extreme Beam.
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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