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Oncolin Therapeutics, Inc. (OTCBB: OCOL - http://finance.yahoo.com/q?s=OCOL.ob) June 10th, 2008 -- Oncolin Therapeutics, Inc. (OTCBB:OCOL) is pleased to announce that it has signed a sponsored research agreement with The University of Texas M. D. Anderson Cancer Center (UTMDACC) in Houston, Texas to support work in the laboratory of Prof. Waldemar Priebe. This new sponsored research will focus on the development of a new novel class of compounds that inhibit glycolysis, the metabolic pathway essential to the survival of many human tumors. The company will have a right to an exclusive license to any new patents derived from this research as the company expands its support of Dr. Priebe's drug discovery and development efforts. This sponsored research will initially focus on evaluation of the selected lead compounds with the goal of identifying a superior inhibitor of glycolysis that potently blocks tumor growth. Professor Waldemar Priebe is a world renowned scientist who has several drugs in clinical development based on research from his laboratory and works at UTMDACC, which is the world's premier cancer center. "Oncolin is committed to the research in Dr. Priebe's laboratory in this important area of glycolysis inhibition for cancer treatment. This agreement expands our commitment to this area of cancer research and our goal of bringing the best drug in this therapeutic class into clinical development for patients," said Dr Donald Picker, Chief Operating Officer of Oncolin. About Oncolin Therapeutics, Inc. Headquartered in Houston, Texas, Oncolin Therapeutics, Inc. is a publicly traded biopharmaceutical company that engages in the discovery, development and commercialization of novel selective anticancer therapies. Additional information about Oncolin can be found on the web at www.oncolinthera.com.
Global Entertainment Acquisition Corporation(Pink Sheets: PSRZ - http://finance.yahoo.com/q?s=PSRZ.pk) June 10th, 2008-- Jun 10, 2008 -- Global Entertainment Acquisition Corporation (Other OTC:PSRZ.PK - News) announced today that the Company will capitalize on the wildly successful "Screwballs" and its sequel "Screwball Hotel." Global Entertainment will option the screenplay "Virtually Screwed" and will produce the full length feature in the next few months. "Screwballs" and "Screwball Hotel" have been seen by audiences all over the world and have been distributed by both Universal and Warner Brothers. The films have been wildly popular with the teenage and young adult audiences, and have been very profitable receiving tremendous advances from both domestic and international distributors with distribution in 48 countries around the world. ADVERTISEMENT
"We are aiming at the same audience who made movies such as '40 Year Old Virgin,' 'Knocked Up,' 'SuperBad' and the 'American Pie' Series blockbuster hits," says Global's CEO, Maurice Smith. "Our strategy is to produce outrageous comedies that are aimed squarely at the incredibly successful youth market," Smith went on to say. In keeping with his "out of this world" crazy comedies, Smith has set the plot for the new film to be "out of this world and into the virtual world" of Video Games thus hoping to attract the many millions of computer game players worldwide. "I smell a big hit," said Smith. Global Entertainment has acquired an option to produce a motion picture based upon the teen comedy screenplay "Virtually Screwed." This is based upon the success of the previous films in this series, one of which was released in the U.S. by Warner Brothers and another by Universal Pictures, while foreign sales for one was handled by Arnold Kopelson ("PLATOON," "THE FUGITIVE," "SEVEN," "OUTBREAK"). ABOUT GLOBAL ENTERTAINMENT Global Entertainment Acquisition Corporation is an emerging film production company headed by Maurice Smith, a veteran filmmaker who has produced many successful and memorable films such as "Screwballs," "Totally Blonde," "Alien Predator," "Recruits 1 and 2" and many other films over his distinguished 30-year career. His films have been distributed in virtually every country in the world and he has distribution on several films currently with some of the largest film distributors in the world. The company will focus on producing small budget films in the Comedy and Sci Fi genres while searching for and developing emerging talent including writers, directors and actors to work on their films. In an era of expanded outlets of distribution, content is in higher demand than ever. It is Global's mission to become a leading content provider of entertaining, high quality films to feed the global demand.
Universal Detection Technology (www.udetection.com) (OTCBB: UDTT - http://finance.yahoo.com/q?s=UDTT.ob) Universal Detection Technology (www.udetection.com) (OTCBB: UDTT) (FRANKFURT: PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, reported today that is has received a repeat order for its 5-agent bio-detection kits by a leading retailer of Athletic Apparel. Due to confidentiality concerns UDTT cannot reveal the purchasers name. The Purchase order is very significant for the company as it shows new opportunities for the Company as a crossover from strict homeland security use to commercial/civilian use. Increasingly larger companies are handling some aspects of CBRNE defense and prevention in-house, thus mitigating costly delays when first responders have to be called. UDTT's 5-agent bio-detection kit is the most rapid and accurate test of its kind in the market. The kits test for 5 lethal agents: anthrax, ricin, botulinum toxin, plague, and SEBs in one test and results can be seen in as little as three minutes. The kits have also been evaluated by the U.S. Department of Defense. UDTT's counter terrorism and security solutions, including Company's flagship real time anthrax detector (BSM-2000), have applications for government agencies, defense contractors, security companies, postal facilities, warehouses, and the like. "The repeat order from this Company for our bio-detection kits shows the faith put in our superior product. We will continue to actively market our portfolio of CBRN prevention equipment to the civilian market," said Mr. Jacques Tizabi, UDTT's Chief Executive Officer. For more information please visit our website at www.udetection.com or Email us at info@udetection.com.
About Universal Detection Technology Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The Company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, the Company, in cooperation with NASA, has developed a bacterial spore detector that detects certain biohazard substances. The Company is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products. For more information, please visit http://www.udetection.com.
iVoice Technology Inc (OTCBB: IVOT - http://finance.yahoo.com/q?s=IVOT.ob) June 11th, 2008-- iVoice Technology Inc (OTC BB: IVOT), which designs, develops, manufactures, markets and licenses the interactive voice response (IVR) line of computerized telephony software, disclosed on 10 June that since it is a "green" technology company, aiming to acquire and identify promising technologies that deal with environmental issues, it intends to change the name to iGreen Innovations Inc. To prepare for the name change, the corporate name iGreen Innovations Inc and the web domain of igreeninnovations.com has been reserved by the company, although change is subject to approval by the company's shareholders. The company recently formed a wholly-owned subsidiary, B Green Innovations Inc, which will hold its green technology and pursue associated developmental activities, including three patents filed for products made from recycled tires.
Mammoth Energy Group, Inc. (PINKSHEETS: MMTE - http://finance.yahoo.com/q?s=MMTE.pk) June 11th, 2008-- Mammoth Energy Group, Inc. (PINKSHEETS: MMTE) announces that it will begin drilling in the same area as AGGI and NFX. AGGI, another oil and gas company, had record sales and growth in 2007 with net revenues of $709,894.00 and gross revenues of over $9,000,000.00. Mammoth Energy currently holds 1,400 acres in the same area, as it is looking to exploit the geological values of this area. Mammoth Energy can really benefit from drilling in an area that is rich in oil and gas. "This area of operation is very hot for oil and energy companies," stated CEO and President Joe Overcash. "This will give Mammoth a chance to get a piece of the action in this area."
Mammoth Energy Group, Inc. We are focused on developing shallow gas and/or oil projects in northeastern Oklahoma due to the low risk, blanket characteristics in the area that make it possible to drill and produce a well nearly every time. We have continuing revenue from our Rogers County, OK project and with the Noble property hopes to develop its strategy with wells that can be drilled quickly and be positioned to grow consistently each month as new wells are brought on-line. More information is available at the company's website at www.mammothenergygroup.net.
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