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Auctions International Inc. (PINKSHEETS: AUCI)
Dec 3rd, 2007-- Auctions International Inc. (PINKSHEETS: AUCI), a technology company that owns and markets proprietary software that enables real time online auctions of virtually any commodity in the wholesale market, issued today a progress report to shareholders from President Douglas Mann.
“I am very pleased to discuss the material developments at Auctions International since we launched our first technology application, AutoBidLive.com, in July 2007. Operating as a wholly owned subsidiary, AutoBidLive is focused exclusively on facilitating online auctions for qualified, licensed buyers and sellers in the North American automotive wholesale market. We developed AutoBidLive in response to the more than 65,000 licensed pre-owned auto dealers who are seeking to move excess inventory and reduce their dependency on time-consuming, expensive physical auctions.
For the first time in 30 years, buying American cars has never been more attractive for Canadian dealerships. The narrowing parity between U.S. and Canadian currencies has enabled Canadian dealerships to source and purchase from the U.S. at highly competitive rates. A retail price in the U.S. may be close to a wholesale price in Canada. This has encouraged Canadian dealers to join AutoBidLive, and opened up new sales opportunities for American dealerships to gain new business. AutoBidLive enables the seller to post everything for free to get a high level of interest from all over North America. Since we receive fees on completed transactions only, our members avoid the traditional layered costs of other auction sites. In just a few short months, AutoBidLive has gained 68 dealer-members, representing U.S. states coast-to-coast and several large Canadian provinces. We now have 24 vehicles listing on the auction floor, and this number is quickly growing.
We are now focused on increasing our membership base and postings. Our primary challenge is to increase our market awareness and demonstrate the viability of our business model. We have put in place several strategic relationships, such as CarrierRates.com and UShip.com, which allow our members to receive prices and bids on transportation services. These partners and others in the pipeline provide value-added services such as vehicle history reporting and listing services, which makes virtual trading reliable, easy and economically worthwhile. Our partners also will participate in co-marketing our services to their established customer base. “
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Sarissa Resources, Inc. (PINKSHEETS: SRSR)
December 3rd, 2007, Sarissa Resources, Inc. (PINKSHEETS: SRSR) -- Ben Fuschino announces his resignation and the appointment of Scott Keevil as Sarissa's President, effective December 1, 2007. Mr. Fuschino will remain a Director of the company. In addition, Dr. Cam Cheriton has joined the Board of Directors, and Peter D'Jay has resigned as a Director. Mr. Keevil will receive 30 million restricted shares and Dr. Cheriton will receive 1 million restricted shares, both from the Sarissa treasury for accepting these positions.
Mr. Fuschino believes that these changes to the Board signal development toward a more aggressive growth strategy for Sarissa. Mr. Keevil has a long history of management expertise with junior exploration companies. Mr. Keevil previously served as President of Atapa Minerals Limited, from its founding through its years of exploration in Indonesia and Canada; he has also sat on the Boards of other junior exploration companies.
Cam Cheriton, Ph.D., has over 50 years experience in the mining industry, working for companies such as Atapa Minerals, Consolidated Mining Company of Canada, the Anaconda Copper Mining Company, Texas Gulf Sulphur, the Conwest Exploration Company, and the Geological Survey of Canada. He studied at the University of Saskatchewan, the University of British Columbia, and Harvard University where he completed a Ph.D. in Economic Geology. Cam is a registered Professional Engineer of the Province of Ontario. He is directly responsible for the discovery of a number of ore deposits; one of note is the Caribou Mine in New Brunswick.
Mr. Keevil said, "I'm looking forward to the challenge of following Ben, who has laid the foundation on which we can now build. I am enthusiastic about the prospects for Sarissa, as we look to strategically acquire and explore the key properties we need to move the company to the next level."
Sarissa Resources Inc. (PINKSHEETS: SRSR) is an American junior exploration company which identifies and explores mineral properties in North America. Currently, Sarissa has interests in properties with base metal, precious metal, and uranium prospects in Northern Ontario, Canada.
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Cyclone Power Technologies, Inc.(Pink Sheets: CYPW )
December 3rd, 2007-- Cyclone Power Technologies, Inc. is using SolidWorks 3D CAD software to design an environmentally friendly combustion engine that can power everything from small generators to ships but "green" enough to dramatically reduce harmful emissions.
Developed by Cyclone President and CEO Harry Schoell, the Cyclone Clean Air Engine regenerates (or recycles) its heat, which allows it to run cleaner, cooler, and more efficiently than traditional internal combustion engines. The patented Cyclone Clean Air Engine uses an outside source to heat fluid (such as biofuel, ethanol, gasoline, etc.) that expands to turn a motor or initiate other work.
"By eliminating oil pumps, radiators, catalytic converters, and other processes, we've simplified the combustion process, yielding cleaner power that is more affordable to produce and maintain," said Cyclone Vice President of Sales and Marketing Wilson McQueen. "SolidWorks software gives us the 3D visualization to see how to improve the Cyclone Clean Air design so it can work for a variety of applications."
The company is working with industry leaders to develop variations of the engine so that it can power small and large generators, cars, trucks, heavy equipment, and other applications. In the process, the engineering team constantly designs, tests, builds, and runs different engines to measure everything from horsepower to carbon monoxide output.
"Working in 2D forced us to draw assemblies several times to change anything. SolidWorks lets us draw the same assemblies once and automates changes throughout the design so we know it is accurate," said Cyclone Chief Engineer Michael Hodgson. "This confidence in our work encourages us to try different concepts we probably wouldn't have in 2D - which is critical in developing what may become a new paradigm."
Hodgson and his team designed and evaluated an entire engine with 500 components in SolidWorks a month after deploying the software. "The same process would have taken several months in 2D and forced engineers to evaluate and re-draw parts because of engineering changes or errors," said Hodgson. Cyclone uses SolidWorks eDrawings(R) e-mail-enabled design communication tool to share 3D models and 2D drawings with internal team members as well as suppliers and potential customers.
"Gas-powered engines that reduce emissions yet provide enough oomph to drive heavy equipment have long been a pipe dream," said SolidWorks Vice President of Worldwide Marketing Rainer Gawlick. "Cyclone Power is at the forefront of green engine design, using SolidWorks software to develop the next evolution that could be coming down the assembly line."
Cyclone relies on authorized SolidWorks reseller The SolidExperts for ongoing software training, implementation, and support.
Global CO2 emissions will jump from 26.9 billion metric tons to 42.9 billion metric tons by 2030.(1)
U.S. transportation CO2 emissions grew 25.4 percent between 1990 and 2006.(2)
Internal combustion engines burning at 3,000 degrees Fahrenheit or more emit harmful gases such as carbon monoxide, carbon dioxide, and nitrous oxide.
The Cyclone Clean Air burns at less than 2,300 degrees, emitting almost no CO, CO2, or NOX.
(1), (2) Source: U.S. Dept. of Energy
About Cyclone
Cyclone Power Technologies, Inc. (Pink Sheets: CYPW) holds the U.S. patent, international patent applications, and exclusive commercial rights to the Cyclone Clean Air Engine, an environmentally friendly and highly-efficient external combustion, heat-regenerative engine. Developed by Cyclone's President and CEO, Harry Schoell, the Cyclone Clean Air Engine runs cleaner, at lower temperatures and more efficiently than traditional internal combustion engines. For more information, visit the Web site (www.cyclonepower.com).
About The SolidExperts
The SolidExperts enable innovation and new product development for engineers and manufacturers across Florida through the power of SolidWorks products and applications. With a qualified team of experienced engineers and certified SolidWorks professionals, The SolidExperts provide comprehensive sales, support, and industry-leading training for the full line of SolidWorks 3D design products. For more information, visit the Web site (www.thesolidexperts.com).
About SolidWorks Corporation
SolidWorks Corporation, a Dassault Systemes S.A. (Nasdaq: DASTY, Euronext Paris: #13065, DSY.PA) company, develops and markets software for design, analysis, and product data management. It is the leading supplier of 3D CAD technology, giving teams intuitive, high-performing software that helps them design better products. For the latest news, information, or an online demonstration, visit the company's Web site (www.solidworks.com) or call 1-800-693-9000 (outside of North America, call +1-978-371-5000).
SolidWorks and eDrawings are registered trademarks of SolidWorks Corporation. Other brand and product names are trademarks of their respective owners. Copyright (c) 2007 SolidWorks Corporation.
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NexTech Solutions(Pink Sheets: NXSN)
NexTech Solutions (NXSN.pk) announces the following Webcast:
NexTech Solutions, Inc. CEO Interview December 4, 2007 @ 11:00 AM Eastern
Plastic Logic Places Multimillion Dollar Product Order From NexTech Solutions
Other news today 12/3/07: Plastic Logic Limited and NexTech Solutions (PINKSHEETS: NXSN), are pleased to announce that plastic electronics leader, Plastic Logic Limited, has placed an order with NexTech Solutions for the FAS Advantage IV Extrusion Coater Line, a fully automated and integrated coating line that will be incorporated into Plastic Logic's manufacturing line of flexible organic active matrix displays. Plastic Logic selected NexTech Solutions over top industry competitors because of its proven and technologically superior product performance.
The Advantage IV Coating Solution is a fully automated, integrated coating line designed to meet the unique requirements of Plastic Logic's manufacturing process. The integrated coating line uses FAS' patented FASCoat(TM) technology, a high-performance extrusion coating method used in the development of flat panel displays. FAS Advantage Coaters are sold as an integrated solution in a full-track system or as a stand-alone solution for R&D applications.
President of NexTech Solutions, Mr. Tony Di Napoli, stated, "Efficient handling and coating is critical for manufacturers of flexible organic active matrix displays. After conducting extensive trials of the FAS Advantage IV, Plastic Logic's selection of our coating solution validates our technological superiority. We are very pleased to be working with an industry leader like Plastic Logic, and to be able to meet their high-quality standards."
About Plastic Logic
Plastic Logic is a leading developer of plastic electronics -- a new technology for manufacturing (or printing) electronics. The Plastic Logic approach solves the critical issues in manufacturing high resolution transistor arrays on flexible plastic substrates by using a low temperature process without mask alignment that is scaleable for large area, high volume and low cost.
This enables radical new product concepts in a wide range of applications including flexible displays and sensors. Independent experts from IDTechEx forecast plastic electronics will be a $30 billion industry by 2015, and could reach as much as $250 billion by 2025.
Plastic Logic was spun out of Cambridge University in 2000 to build on 10 years of research and has a team of more than 90 employees. The company has now raised equity and venture finance from financial and industrial investors including Amadeus Capital Partners (UK), BASF (Germany), Bank of America (US), Dow Chemical (US), Intel Capital (US), Morningside (Hong Kong), Merifin Capital (Belgium), Nanotech Partners (an international nanotechnology fund established principally by Mitsubishi Corporation of Japan), Oak Investment Partners (US), PolyTechnos Venture-Partners (Germany), Siemens (Germany), Tudor Investment Corporation (US) and Yasuda Enterprise Development (Japan). Other shareholders include Cambridge Display Technology, Seiko Epson and the University of Cambridge. Venture finance has been provided by European Technology Ventures and European Venture Partners.
About NexTech Solutions and FAS Technologies
NexTech Solutions, Inc. delivers advanced metrology and automation solutions to the global semiconductor and flat panel display (FPD) industries. NexTech's mission is to create greater shareholder value through advanced technology development of products targeted at large, fast-growing markets. The company is headquartered in Austin, Texas, with facilities in San Mateo, Calif. NexTech's stock is quoted on the Pink Sheets under the symbol NXSN. For more information, see: http://www.nxts.com.
FAS Technologies, LLC is a Texas Limited Liability Company with offices in Dallas and Tokyo. FAS Technologies is a pioneering company widely recognized in the industry for the development of digital fluid dispensing a patented spinless coating technology known as "FAS-Coat," which has become the de-facto standard in the coating process of FPD substrates during manufacture. The company is engaged in the design, development, manufacture, integration, sale and servicing of advanced, high-precision coating systems for the microelectronics industry. For more information, see: http://www.fas.com.
NexTech and FAS have announced plans to combine the two companies in a two-step transaction. The companies will consolidate operations into a joint venture which is expected to close in the fourth quarter of 2007, subject to closing conditions. Following necessary approvals of stockholders and regulatory authorities, the companies will be combined in a merger transaction and reincorporated in Delaware.
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OMNINET MEDIA.COM, INC. (PINKSHEETS: ONMC)
December 3rd, 2007-- OMNINET MEDIA.COM, INC. (PINKSHEETS: ONMC), soon to be AQUAGOLD International, Inc., today announces that its Chairman, Mr. Paul Taillefer was recently interviewed and subsequently recommended by EricDavid & Sons, a research firm dedicated to evaluating and incubating micro-cap corporations possessing significant growth potential.
To view this interview go to:
http://www.ericdavid.com/newsletter/mailer/onmc120307.html
Steven Weiss, CEO and Senior Market Analyst of EricDavid & Sons, a Plainsboro NJ-based Financial Public Relations Firm, stated that 360 million Chinese are without safe drinking water. According to the China Minister of water Mr. Wang Shucheng, hundreds of thousands of Chinese are affected with various diseases from drinking water that contains too much fluorine, arsenic, or sodium sulfate. Ground water under 44 cities in China is polluted. Weiss also stated that the China Department of Tourism also warns outside visitors not to drink the tap water. Even the most elegant hotels in China have to boil their water in order to kill algae and other pollutants.
"Conducting the interview with AQUAGOLD Water convinces me that the Company has a foothold into a Country that desperately needs a mass distribution of fresh clean & healthy water, and I have given the shares a 'STRONG BUY RATING' due to the huge demand for fresh drinking water in China, along with the AQUAGOLD connection with the Chinese Government, giving the Company excellent potential in becoming a multi million dollar in sales revenue and earnings in the short and long term," stated Weiss.
About AQUAGOLD International, Inc.
"AQUAGOLD" branded premium Canadian Spring Water is presently being shipped into China. In 2005, sales of bottled water in China experienced strong growth of 16% (liters) and 15% (RMB/$) to reach 11.2 billion liters and RMB24.1 billion or $3.17 Billion USD in volume and current value terms. The estimates on AQUAGOLD'S China contract alone exceed $500 Million in revenues, however how much in excess will follow in the near future resulting from ongoing marketing activities such as the upcoming trade show in Shanghai, China over the coming few weeks.
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H3 Enterprises, Inc. (PINKSHEETS: HTRE)
December 3rd, 2007-- H3 Enterprises, Inc. (PINKSHEETS: HTRE), www.h3inc.com, the world's first publicly traded Hip-Hop company and parent company of the HipHopSodaShop, announced today that its CEO and President, Dr. Benjamin Chavis, played a key role in the Brown and Black Iowa Presidential Forum this past Saturday night where all t he Democratic Presidential candidates addressed some of the major concerns of African-Americans and Latinos. This was the first time during the entire 2008 US Presidential race that major candidates for President were asked questions from a Hip-Hop perspective.
As the CEO and President of the first publicly traded Hip-Hop company, which is launching its first HipHopSodaShop in Tampa, Florida on December 11, 2007, Dr. Chavis was the prefect panelist to ask the tough questions that would represent Hip-Hop culture and at the same time address the major concerns of African American and Latino youth. The HipHopSodaShop franchise which he is launching on December 11 is the backbone of the H3 Inc. related businesses and encapsulates not only the numerous revenue streams that the company has developed, but also embodies the "entrepreneurial youth conscious" approach that H3 Inc. applies to all of its endeavors.
Questions By Dr. Chavis and Responses by Senators Clinton and Obama:
Dr. Chavis' questions on Saturday were straightforward and spoke from a Hip-Hop voice. His first question to Senator Obama was, "Over 35 years ago, Hip-Hop culture was born in the South Bronx among young African Americans and Latino Americans. The youth of today are the Hip-Hop generation and across America young people want and demand a better quality of life for themselves and their families and communities. Speaking on behalf of Russell Simmons and millions of young Hip-Hop voters who will resolutely go to the polls in 2008, if you are elected President of the United States, how would you take leadership as President to address the issues and concerns of the Hip-Hop generation?"
Senator Obama responded, "I recognize and value the importance of millions of young voters. My candidacy speaks directly, Dr. Chavis, to the issues that you have raised. During the last seven years, more Brown and Black families have gone into poverty. It is not acceptable to me that 37 million Americans now live in poverty. I believe that I am the only candidate that best represents real change."
Dr. Chavis' second question went to Senator Clinton: "The evolution of Hip-Hop culture in America and throughout the world has caused a revival of the entrepreneurial spirit among millions of youth. Hip-Hop is about doing for self, going into business for yourself, owning your own record labels, your own production and distribution companies. I am working now to help build HipHopSodaShops across America. My question is if you are elected President of the United States, how do you intend to specifically provide greater opportunities for youth entrepreneurial development and the overall economic recovery and development of our communities?"
Clinton answered, "Well first let me thank you and Russell Simmons for all that you are doing so well with your Hip-Hop Summits. As President I intend to make it a priority to lead the economic recovery of cities and communities and I will reach out to young business leaders as well as to make sure that the SBA is much more effective than it has been during the Bush Administration. The economic development of not only Brown and Black communities but all communities will be a priority of my Administration."
Dr. Chavis stated today, "This historical Forum was the first time in this Presidential race where the positive attributes of Hip-Hop were discussed by both the panelists and the candidates themselves. It is critical as this race continues that the concerns and issues of the Hip-Hop generation such as poverty and economic empowerment remain front and center."
The hour-long Iowa Brown and Black Presidential Forum was held Saturday, December 1 and was broadcast live nationally in high-definition on HDNet, the network owned and founded by Mark Cuban. The forum was moderated by Michele Norris, host of National Public Radio's "All Things Considered," and Ray Suarez, senior correspondent for PBS's "The NewsHour with Jim Lehrer." The forum was also covered by NBC, ABC, CBS, CNN, C-Span, FOX, BET, MSNBC, NPR, Los Angeles Times, The New York Times, and other major publications across the country.
About H3 Enterprises, Inc. and the HipHopSodaShop:
H3 Enterprises, Inc. is the parent company of the HipHopSodaShop, a Florida corporation with its corporate headquarters located at 116, John Street, New York, NY 10036. As the first publicly traded Hip-Hop company, H3 Enterprises, Inc. is dedicated to the mission of empowering young people through investment, education and economic development.
About The Iowa Brown & Black Presidential Forum:
The Iowa Brown & Black Presidential Forum is an element of Urban Dreams' non-partisan Project V.O.T.E. (Voting Opportunities Through Education). Urban Dreams is a 501 (c)(3) charitable organization. It is the nation's only presidential forum in which all candidates have the opportunity to answer essential concerns of African-Americans and Latinos. The non-partisan event began with U.S. Presidential candidate debates in 1984 and has figured prominently in the Iowa caucuses. It is recognized as the oldest, continuous minority forum for presidential candidates in America and one of the longest-running presidential debates in the nation. For further information, visit www.bbpresforum.org.
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