To: TokyoMex who wrote () | 1/11/2000 12:13:00 PM | From: Dr. Microcap | | |
(PR Wires) PRW: Pen Interconnect Announces Sale of its PowerStream Tech PRW: Pen Interconnect Announces Sale of its PowerStream Technology Division IRVINE, Calif.--(BUSINESS WIRE)--Jan. 11, 2000--Pen Interconnect, Inc. (OTCBB:PENC) announced today that it has sold its PowerStream Technology division, headquartered in Orem, Utah, to a Utah-based company. Terms of the sale were not disclosed. "This is the initial step in a series of consolidations by Pen Interconnect," said Stephen Fryer, Pen Interconnect President & CEO. "We are continuing the restructuring that started early in 1999 to make Pen Interconnect a more growth-oriented company," Fryer said. "This infusion of new capital into PowerStream Technology will greatly assist its development efforts and provide the ability to increase the market penetration for our custom power products," said Daniele Reni, President of PowerStream Technology. PowerStream Technology designs and manufactures products including battery chargers, power supplies and DC/DC convertors for a national and international market. Pen Interconnect (OTCBB:PENC) provides the total manufacturing solution for manufacturers, including circuit and board design, mechanical and product design, prototype and volume board assembly and test, system services, and custom power supply and battery changer design. It is headquartered in Irvine, California. VISIT THE PEN INTERCONNECT WEB SITE at pen-interconnect.com CONTACT: Pen Interconnect, Inc. Stephen Fryer, 949/798-5881 or American Financial Communication Jeff Lamberson, 415/380-3880 08:32 EST JANUARY 11, 2000 *** end of story *** |
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To: TokyoMex who wrote () | 1/12/2000 10:31:00 AM | From: Dr. Microcap | | |
Networks North Inc. to address reported earnings in conference call NASDAQ:NETN Open line conference call on Tuesday, January 18th at 4:15 p.m. EDT to discuss First Quarter results TORONTO, Jan. 12 /CNW-PRN/ - Networks North Inc. (NASDAQ: NETN) will file its Form 10-Q, first quarter report, on Friday, January 14th, 2000.
As a follow up to the company's filing of its Form10-Q for the quarter ended November 30, 1999, Networks North Inc.'s CEO/President, Peter Rona and C.F.O, Don Pagnutti, will be available to discuss the latest company developments and to present a long-term strategic outlook for Networks North as part of an "open line" teleconference scheduled for Tuesday, January 18th, 2000, beginning shortly after the market close at 4:15 p.m. EDT (3:15 p.m. Central; 2:15 p.m. Mountain/1:15 p.m. Pacific).
All current and prospective shareholders, institutional portfolio managers, investment bankers, securities analysts, members of the brokerage community, representatives of the trade and general business media, and other interested parties are welcome to participate in this conference call.
To take part in the teleconference call, which can be accessed toll-free from anywhere in the U.S. and Canada, participants are required to dial 1-800-374-6564, request conference call No. C361430, register their name, and inform the operator they are calling for the Networks North conference call.
Networks North Inc., the "3-E Company" specializes in interactive entertainment, education and e-business. Operating units include wholly owned NTN Interactive Network Inc., Magic Lantern Communications Ltd., Interlynx Multimedia Inc. and GalaVu Entertainment Network Inc. NTNIN is the exclusive licensee of NTN Communications, Inc. (AMEX: NTN) a leading producer and programmer of interactive television, on-line and Internet entertainment. Magic Lantern is Canada's premier distributor of educational media resources, with exclusive rights to over 14,000 titles in English and French. Magic subsidiaries provide MPEG encoding, DVD authoring, video duplication and fulfillment services for broadcasters. Interlynx Multimedia Inc. is a developer of web-based interactive software in the areas of training, knowledge management and e-business. GalaVu Entertainment Network Inc. is a technology-based entertainment provider of interactive in-room entertainment systems for over 200 hotels in Canada.
-------------------------------------------------------------------------------- SOURCE: Networks North Inc. CONTACT: Peter Rona, President, Networks North Inc., Tel: 416-675-6666, Email: prona@ntnc.com; I.W. Miller, I.W. Miller Group Inc., Tel: 949-833-9001, Email: fortune@minspring.com |
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To: TokyoMex who wrote () | 1/12/2000 12:36:00 PM | From: Dr. Microcap | | |
Online Gaming Systems - OGAM - Announces Inclusion in Comprehensive Bear Stearns - BSC - Internet Gaming Report BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 12, 2000--Online Gaming Systems Ltd. (OTCBB: OGAM) is pleased to announce today that it was one of six internet companies featured in Bear Stearn's latest gaming report entitled "Internet Gaming: Endangered Species or Rising Star". According to the report, which was released January 11, 2000, Online Gaming Systems was designated, along with a small group of peers, as a company that investors should recognize as being at the forefront of the industry.
Richard Iamunno, Online Gaming's President & CEO stated, "We are pleased to be a featured company in the Bear Stearns Internet Gaming report and have the utmost respect for Jason Ader and his team. In our view, this piece of work is the most comprehensive, detailed account of our industry to date, and we believe investors who are looking for opportunities to invest won't find a better place to conduct their due diligence." Iamunno added, "We look forward to participating on the Internet gaming panel at the American Gaming Lodging & Leisure Summit 2000 in February. It will give Online Gaming a well respected platform, from which to discuss this fast growing, dynamic industry."
Online Gaming Systems, Ltd. (www.ogsltd.com) develops and markets Internet and private network transaction based products that it only offers to licensed gaming operators in regulated jurisdictions. These products include: Internet Casino Extension(TM) (ICE(TM)), a growing suite of casino games; webSports(TM), a sports wagering system; Lotto Magic(TM) a lottery system for private, government and fund raising purposes; and Bingo Blast(TM) a multi-player system for charity and private organization use. The company also offers wireless and portable gaming devices through its Las Vegas based Excel Design, Inc., a wholly owned subsidiary and Anchor Gaming (SLOT) its exclusive North American distributor.
This press release contains potential forward-looking statements regarding the Company. The future performance of the Company involves risks and uncertainties that could cause actual results to differ materially. Such risks include competition and pricing pressures, dependence on telecommunications carriers, management of growth, customer turnover, technological change, governmental regulation, unauthorized use of technology, system failures and a variety of stock market-related risks. For a more complete description of certain such risks and uncertainties, we refer you to the documents that the Company files from time to time with the Securities and Exchange Commission including 10K filed May 7, 1999 and form 10Q filed November 18,1999.
-------------------------------------------------------------------------------- Contact:
Integrated Corporate Relations, Westport, Conn. Tom Ryan, 203/222-9013 or I.W. Miller Group Inc., Irvine, Calif. Ira W. Miller or Larry Fortune, 949/833-9001 |
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To: TokyoMex who wrote () | 1/18/2000 9:05:00 PM | From: Dr. Microcap | | |
OT: Tuesday January 18, 8:36 am Eastern Time Company Press Release SOURCE: Players Network Players Network Signs Agreements with iTravel Marketing and Youticket.com LAS VEGAS, Jan. 18 /PRNewswire/ -- Players Network (OTC Bulletin Board: PNTV - news) today announced the signing of agreements with iTravel Marketing and Youticket.com (OTC Bulletin Board: UTIX - news), both of Las Vegas, Nevada. iTravel Marketing specializes in e-commerce Internet solutions and has designed e-commerce software for use on the Internet. iTravel Marketing also provides a successful worldwide golf tee-time and hotel reservation online service. Youticket.com is an online source to purchase tickets for Las Vegas shows and tours.
Under the terms of the agreement with iTravel, Players Network will receive access to iTravel Marketing's golf, hotel and travel inventory for their PlayersNetwork.com gaming and entertainment Internet portal. PlayersNetwork.com will market this inventory on the site with revenues split between the two companies. iTravel Marketing is in the process of completing the setup of PlayersNetwork.com's e-commerce online store and will continue to provide Internet consulting, design and support for PlayersNetwork.com. In return for the services of iTravel Marketing, Players Network agreed to provide numerous video production services and media for iTravel.
PlayersNetwork.com will also receive access to Youticket.com's inventory of show tickets and tours to market on the site. PlayersNetwork.com will receive commissions on every show ticket and tour which is purchased directly from their site.
Commenting on the agreements, Players Network President Mark Bradley said, ``The agreement with iTravel Marketing provides us with another product to market on our PlayersNetwork.com website. This is in line with our goal of making this site a one-stop shopping extravaganza, with Players Network generating revenues from commissions on all sales which take place. iTravel is in the final stages of setting up our Players General Store e-commerce part of the site and we expect to announce the launch date shortly. The agreement with Youticket.com gives Las Vegas visitors another reason to visit our site prior to their trip. Visitors can now browse and pre-purchase tickets to shows and tours originating in Las Vegas right from our site.'
Players Network is the first and only digital 24-hour gaming and entertainment network which specializes in producing customized television programming to serve the rapidly growing gaming industry. Players Network delivers its 24-hour television channel directly into hotel and casino guestrooms. The Company's format is designed to educate new players and promote casino games and activities. With 180 million people per year visiting U.S. casinos, the industry is now the largest form of participant entertainment in the world. Programming includes shows on basic gaming instruction, news, sports and racing, entertainment and tournaments. Players Network has launched a gaming and entertainment Internet portal which will incorporate Players Network programming and information worldwide on the Internet.
Visit Players Network's Web Site: playersnetwork.com
SOURCE: Players Network
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To: TokyoMex who wrote () | 1/18/2000 11:20:00 PM | From: Dr. Microcap | | |
Tuesday January 18, 10:18 am Eastern Time Company Press Release Online Gaming Systems - OGAM - Announces Two Licensing Agreements for its Internet Bingo and Internet Lottery Products BOCA RATON, Fla.--(BUSINESS WIRE)--Jan. 18, 2000--Online Gaming Systems Ltd. (OTCBB:OGAM - news) announced today that it has signed two licensing agreements for its Bingo Blast and Lotto magic products.
The agreements with its new licensee, a Caribbean based privately held gaming operator, call for up-front payments totaling $225,000 in addition to an ongoing stream of recurring royalty and maintenance fees.
Richard Iamunno, Online Gaming's President & CEO stated: ``We are pleased to build on the momentum we have created in the first quarter by signing another material contract. It not only provides our shareholders with an up-front payment, but boosts our recurring earnings base that grows with every licensee.' Iamunno added: ``Online Gaming Systems is clearly positioned to reap the rewards of its hard work in 1999. During that time, we upgraded our entire product line and created the strategic alliances that have formed our platform for global growth. Our employees and shareholders should be pleased that each of our recently announced licensing agreements are a direct byproduct of these initiatives.'
Online Gaming Systems, Ltd. (www.ogsltd.com) develops and markets Internet and private network transaction based products that it only offers to licensed gaming operators in regulated jurisdictions. These products include; Internet Casino Extension(TM) (ICE(TM)), a growing suite of casino games; webSports(TM), a sports wagering system; Lotto Magic(TM) a lottery system for private, government and fund raising purposes; and Bingo Blast(TM) a multi-player system for charity and private organization use. The company also offers wireless and portable gaming devices through its Las Vegas based Excel Design, Inc., a wholly owned subsidiary and Anchor Gaming (SLOT) its exclusive North American distributor.
This press release contains potential forward-looking statements regarding the Company. The future performance of the Company involves risks and uncertainties that could cause actual results to differ materially. Such risks include competition and pricing pressures, dependence on telecommunications carriers, management of growth, customer turnover, technological change, governmental regulation, unauthorized use of technology, system failures and a variety of stock market-related risks. For a more complete description of certain such risks and uncertainties, we refer you to the documents that the Company files from time to time with the Securities and Exchange Commission including 10K filed May 7, 1999 and form 10Q filed November 18,1999.
-------------------------------------------------------------------------------- Contact:
Online Gaming Systems, Ltd., Boca Raton Richard Iamunno, President & CEO 561/393-6685, Fax: 561/393-1485 or Investor Relations: Integrated Corporate Relations, Inc. Westport, Conn. Tom Ryan, 203/222-9013
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To: Dr. Microcap who wrote (34517) | 1/20/2000 12:34:00 PM | From: gregor | | |
TSIS moving today up 27% to 42 cents.......something is happening...I've watched this stock for 2 years and have never seen a move like this...................they just bought out Paragon Interactive Voice Recognition ..Bill Gates says Interactive Voice is the place to be this year........... |
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To: gregor who wrote (34520) | 1/20/2000 6:20:00 PM | From: gregor | | |
Recent acquisition of Paragon is the real thing;;
/06/00 - Interactive Telesis Purchases Controlling Interest in Paragon Voice Systems; Acquisition Positions Interactive Telesis as Key Player in Automated Speech Recognition SAN DIEGO, Jan 6, 2000 (BUSINESS WIRE) -- Interactive Telesis Inc., a leading provider of sophisticated, high-end interactive voice response (IVR) services today announced that it has acquired a 56.67% interest in Paragon Voice Systems, a leading value-added reseller and developer of computer telephony solutions. The acquisition of Paragon signals the commitment of ITI to pursue the deployment of automated speech recognition (ASR) technology and to become one of the premiere hosting facilities for complex ASR applications. The companies will develop an integrated product offering that will offer both IVR and ASR technology under a common product line to maximize the opportunities in offering integrated services to its clientele.
Automated speech recognition technology allows computer systems to understand exactly what customers are saying. For example, the technology is sophisticated enough to understand complex voice commands such as "buy 1475 shares of Microsoft at the market price." A recent study commissioned by Nuance Communications found that 74 percent of people prefer using ASR or voice driven applications to live operators. In addition, 84 percent prefer ASR to touch-tone, Web-interface or keyboard methods. By providing users with a far more comfortable and flexible interface than touch-tone, speech-activated applications lower costs and raise customer satisfaction levels.
Automated speech recognition is viewed by many as an adjunct to the Internet. The rise of the Web has whetted the public's appetite for instant information. As a result, Web providers are looking for additional ways of providing access including wireless devices and the telephone.
According to Donald Cameron, president and chief executive officer of Interactive Telesis, the companies' combined strengths will provide a turnkey solution to businesses wishing to capitalize on the latest advances in speech technologies. "As a provider of IVR services to Fortune 1000 companies, Interactive Telesis has both the infrastructure and experience to deploy robust, speech-enabled applications. Paragon is similarly renowned for its development of leading-edge voice applications. Together, our companies are uniquely positioned to meet the exploding demand for ASR applications in industries ranging from financial services to transportation."
"By merging Paragon's expertise in voice systems with ITI's network infrastructure, our companies can provide customers with a single source for developing and deploying complex ASR applications," said Ken Ravazzolo, president and CEO of Paragon Voice Systems. "We look forward to working with ITI to bring the benefits of natural language speech recognition to leading companies nationwide." Ravazzolo added that Paragon has already formed strategic alliances with the two leading providers of conversational speech recognition technology, SpeechWorks International (www.speechworks.com) and Nuance Communications (www.nuance.com).
About Interactive Telesis
Interactive Telesis is a leading provider of complex, high-capacity interactive voice response (IVR) applications enabling its customers to build relationships via a broad range of interactive technologies. Interactive Telesis offers its solutions to industry leaders such as AT&T, Bell Atlantic, Excite@Home, Global Crossing, GTE, Inacom, MCI Worldcom, Nike, Seagate, Sprint and Yahoo!. Interactive Telesis is headquartered in Encinitas, Calif. For additional information, visit www.interactivetelesis.com.
About Paragon Voice Systems
Paragon Voice Systems is a leading developer of computer telephony solutions. Based in San Diego and founded in 1991, Paragon Voice Systems specializes in open, PC-based systems and provides solutions to start-ups, Fortune 1000 corporations (including five of the six largest oil companies), educational institutions and government agencies. Paragon's customers include Arthur Andersen, E-TRADE, Hewlett-Packard, Petrolsoft Corp., UCSD, City of Glendale, County of San Diego, Orange County Transportation Authority, and many others. For additional information, visit www.paravoice.com. |
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