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Jul 29, 2008 -- EAGLE ROCK ENTERPRISES, INC. (PINKSHEETS: EREI | Quote | Chart | News | PowerRating) ("EAGLE ROCK") announced today that the Company has signed a letter of intent to acquire EAGLE ROCK VENTURES, LLC. (ER VENTURES), a marketing and distribution company. ER VENTURES has a long-standing relationship with numerous blind enterprise groups, large retail chains and distributors in the food service industry. ER VENTURES' ability to provide quasi-government entities such as schools, federal and state government buildings, and the military complements the core business strategy of EAGLE ROCK.
Jul 29, 2008 -- Elysium Internet, Inc. (OTCBB: EYSM), a next generation Internet advertising and new media Company, today announced that it has launched its third professional Directory www.Pediatricians.com. The new site is expected to become the leading online destination for information and discussion of all matters relating to pediatrics.
Elysium Internet Founder and CEO Scott Gallagher commented, "We expect www.Pediatricians.com to become the leading source of information in its space. With more than 70,000 pediatricians currently operating in the United States, www.Pediatricians.com provides both parents and professionals with a wealth of information as well as access to what we believe will become the largest online directory of Pediatricians in the country. As with all of our professional directories the site is zip code driven allowing users to search for a provider in their local community without the noise of unrelated banner ads and advertising. www.Pediatricians.com provides practitioners with a cost effective way to market and grow their business while accessing the traffic generated by the top domain name in their industry."
About Elysium Internet, Inc.
Elysium Internet, Inc.'s (OTCBB: EYSM | Quote | Chart | News | PowerRating) domain assets and directories include: www.Therapists.net, www.Auditors.com, www.Pediatricians.com, Psychiatrists.com, Podiatrists.com and many others. The Company has developed a proprietary direct navigation directory platform and local search platform.
July 29, 2008 -- First Bank of Delaware (OTCBB: FBOD), today reported second quarter 2008 earnings of $1,364,000 or $0.12 per diluted share, compared to $1,854,000 or $0.16 per diluted share for the comparable prior year period. Earnings decreased by $490,000 or 26.4% in second quarter 2008 from the prior year comparable period. Earnings per diluted share for the six month period ended June 30, 2008 were $3,638,000 or $0.32 per share based on average shares outstanding of 11,419,000, compared to $3,030,000 or $0.26 per share for the comparable prior year period based on average shares outstanding of 11,600,000. Earnings for the six month period increased by $608,000 or 20.1% from the comparable prior year period. Total shareholders' equity stood at $37,824,000 with a book value per share of $3.32 at June 30, 2008. Second quarter earnings reflected increased costs from internet based installment loans, credit and prepaid card programs. The Bank remains well capitalized.
First Bank of Delaware is a full-service, state-chartered commercial bank, whose deposits are insured by the Federal Deposit Insurance Corporation (FDIC). First Bank of Delaware, referred to as "we" or the "Bank," has received a notice from the Federal Deposit Insurance Corporation, or "FDIC," commencing an administrative action relating certain consumer loan and credit card programs which have been offered by the Bank for years. We believe these programs are serving consumers with special credit needs and we remain committed to providing access to credit to these underserved consumers. It is important to note that the FDIC notice does not concern the financial condition of the Bank. The Bank has always sought to work cooperatively with its regulators and will continue to work with the FDIC to resolve this matter. However, the Bank believes that the FDIC's claims are unfounded and unfair. The Bank will vigorously defend its programs through the administrative hearing process afforded to the Bank by federal law.
The Bank provides diversified financial products through two locations in New Castle County, a loan production office in Sussex County and additionally offers a variety of loan and card products nationally.
July 29, 2008 -- FLO Corporation (OTCBB: FLRP), which markets the FLO Registered Traveler card that gives members fast access through security at leading airports, today signed a three-year, exclusive agreement with the Washington Redskins football team. This partnership will bring the benefits of the FLO Card to the team's millions of fans including preferred access to FedExField when attending Redskins games as well as speedy access through special security lanes at Reagan National, Dulles and other major U.S. airports.
Redskins fans participating in the program will be issued a collectible Redskins branded access card and will be able to quickly enter the stadium through specially marked and dedicated "Fast Lane" stadium gates. A one-year membership, which includes the Redskins Fast Lane card, rtGO(sm) Registered Traveler services at airports and additional benefits loaded into the card, is only $100. FedExField, the home of the Washington Redskins, is the NFL's largest stadium, holding as many as 92,000 fans.
"This is the first step in a major expansion of our business that will allow FLO members quick access through security at airports as well as preferred access to major concerts, venues and events where regular entrances can at times become extremely crowded," said Glenn Argenbright, Chairman and CEO of FLO Corp. "In accordance with our strategy, we are evolving the platform beyond Registered Traveler and developing an expanding variety of lifestyle-enhancement benefits.
Washington Redskins Chief Operating Officer, Mitch Gershman said, "I am excited to bring red-carpet treatment to FedExField on game day for thousands of loyal Redskins' fans. This affordable and innovative new service enables the average fan to enjoy premier fast lane-access, a service not available at any other sports venue in the country."
"This fan-centric membership helps to advance our ongoing quest to improve the total fan experience on game day. The bonus for our fans is that by partnering with FLO Corp., the Redskins card also enables members to get through security in just minutes at Reagan, Dulles and 17 other U.S. airports. Over 60,000 Redskins fans took more than 10 domestic trips in the last year; and more than 500,000 traveled domestically for business," Gershman added.
FLO cards, including the new Redskins branded card, are interoperable with all Registered Traveler verification stations that the U.S. Transportation Security Administration has approved at 19 U.S. airports. In addition, FLO offers a robust assortment of benefits that add value, choice and convenience far beyond the airport security lane. These benefits can be selected from more than 75 options. They include such offerings as a personal concierge, worldwide airline lounge access, discounts on top brand gift cards, worldwide travel assistance, travel insurance and mortgage concierge services.
FLO Executive Vice President Luke Thomas said, "The business opportunity for FLO in partnering with the Redskins is significant. The team's exceptional demographics will enable FLO to offer its services to the millions of fans in the Washington area. With over 6,000 businesses, including some of the largest corporations in the United States as season ticket holders, this will no doubt be a winning season for all parties to this new service at FedExField."
In addition, Redskins branded FLO cardholders receive a 10% discount on all purchases at Washington Redskin Official Team Stores. It is possible to pre-register today at www.flocard.com/redskins and have the chance to win Redskin tickets, autographed merchandise and access to exclusive "FLO-only" Redskins events. A portion of every card sold will benefit The Washington Redskins Charitable Foundation.
About FLO Corp.
FLO Corp. offers a new lifestyle solution, a card that provides faster and simpler processing at airport security checkpoints through the Registered Traveler program administered by the U.S. Transportation Security Administration and other venues, such as the Washington Redskins football stadium, FedExField. The FLO card offers qualified individuals expedited security screening in designated lanes at major airports. In addition, card holders receive benefits such as discounts on merchandise and services as well as promotional offers.
About The Washington Redskins Charitable Foundation
The Washington Redskins Charitable Foundation, the nonprofit philanthropic arm of the team combines the influence and popularity of the Washington Redskins with the resources and assets of Washington area corporations. Founded by Redskins owner, Daniel M. Snyder, the Charitable Foundation is guided by its Leadership Council that consists of CEOs who help shape and define the philanthropic efforts of the Redskins to achieve a measurable impact on youth development in the areas of education, community outreach, and health and wellness.
Jul 29, 2008 -- Global Energy (OTCBB: GEYI). Oil prices have breached record highs, electricity grids are creaking, and geographies from Australia to the American southwest face severe water stress. This October, an elite group of corporate executives, start-up CEOs, investment managers, and academic luminaries will gather at the fourth annual Lux Executive Summit to explore how emerging technologies can meet these global challenges.
"Leaders attend the Lux Executive Summit to find the technologies and partners that will drive their future growth," said Lux Research President Matthew Nordan, "and energy and water challenges lie at the top of their agendas. This year's conference will arm them with the tools they need to build successful strategies: leading voices, unconventional views, and proprietary Lux Research data."
Key themes at the fourth annual Lux Executive Summit include:
-- Alternative energy generation. The alternative energy landscape is changing as new technologies begin to compete with one another and as market growth shifts from Europe to the U.S. and Asia. Lux Senior Analyst Ted Sullivan will describe how a looming supply glut will impact solar energy's pricing and profitability, while speakers like Applied Materials Solar General Manager Charlie Gay, Good Energies CEO Richard Kauffman, and Schott Solar CEO Gerry Fine will debate the future of the solar industry.
-- Energy distribution and storage. In an all-star panel, Project Better Place CEO Shai Agassi will discuss his company's revolutionary business model for electric vehicle deployments, Synthetic Genomics President Ari Patrinos will describe how his firm is building microorganisms to manufacture alternative fuels, and Boston-Power CEO Christina Lampe-Onnerud will detail her firms' fast-charging lithium-ion battery technology. Analysis from Lux Senior Analyst Ying Wu will highlight the most disruptive opportunities in energy storage.
-- Water technologies. Conventional wisdom says that "water is the new oil," but how can new technologies get a toehold in an industry dominated by municipal utilities? These questions will be addressed by keynote speakers across the water technology value chain - from Jeff Garwood, CEO of market leader GE Water, to Benjamin Hsiao, President of Co-founder of innovative start-up Stonybrook Purification.
-- Public policy's role in emerging technologies. Subsidies made today's solar market, and new policy schemes will make or break technologies like stationary fuel cells. U.S. Senator John Kerry will discuss the policymaker's role, while Austin Energy General Manager Roger Duncan will paint the view from a regulated utility - and Lux Research Director Michael Holman will present a framework for exploiting policy shifts.
-- Open innovation strategies. Companies rarely bring new clean technologies to market alone - instead, they collaborate to incubate new ideas and bring them to fruition. Voices on innovation at the Summit will include Segway inventor Dean Kamen, Nobel Laureate Sir Harold Kroto, and Lux Research Director Chris Hartshorn.
-- The resource infrastructure of the future. Energy and water present such great opportunities because everything about them is changing, from input materials to their channels to market. Keynotes from Ethernet inventor Bob Metcalfe, Cabot Corporation CEO Roger Duncan, and Lux President Matthew Nordan will present scenarios for future decision-making - and spur debate between attendees in structured discussion sessions.
The 2008 Lux Executive Summit will be held in Cambridge, MA on October 19-21, 2008. The event's agenda is regularly updated at www.luxexecutivesummit.com; visit the site for early registration. For sponsorship opportunities, contact John Schwartz at (646) 649-9582 or john.schwartz@luxresearchinc.com.
The Lux Executive Summit is an elite thought leadership forum for emerging technologies, bringing corporate executives and investment leaders the ideas, connections, and data they need to profit from science-driven innovation. The event is grounded in proprietary analysis from the Lux Research analyst team, joined onstage by more than 50 additional speakers. Capacity is limited at this premier event; full details are available online at www.luxexecutivesummit.com.
About Lux Research:
Lux Research provides strategic advice and on-going intelligence for emerging technologies. Leaders in business, finance, and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections, and competitive advantage to our clients.
Jul 29, 2008 -- GelTech Solutions, Inc. (OTCBB: GLTC | Quote | Chart | News | PowerRating) announces today that it is expanding RootGel(TM) sales to Puerto Rico, The Bahamas, Dominican Republic and the surrounding Caribbean Region. To handle the Caribbean demand for RootGel(TM), GelTech has signed an agreement with Caribbean-based distributor, FlowTek, Inc.
Extreme weather conditions in the Caribbean create various irrigation issues, so it is difficult to isolate a solution that solves these unique problems. GelTech Solutions believes RootGel(TM) will sustain the agricultural and horticultural industry through dry conditions and can help reduce water consumption.
FlowTek, Inc. will market and sell the groundbreaking water conservation product RootGel(TM) to the entire Caribbean region. RootGel(TM) products are specially designed for use as a soil conditioner for water and nutrient retention in landscaping, golf courses, horticulture and agriculture.
"The Caribbean Islands have some of the most beautiful golf courses in the world, from Dorado Beach East in Puerto Rico to Casa de Campo in the Dominican Republic. Unfortunately, high winds and intense sun take a toll on the aesthetics. Since RootGel(TM) can hold water and keep stressed areas hydrated, it is the perfect solution to keep courses green year around," says GelTech President Joe Ingarra.
RootGel(TM) has the power to increase the water holding capacity of soil and slowly release water and nutrients where the plant needs it most, at the roots. As moisture seeps out of reach and the soil dries out, RootGel(TM) continues to supply plants so that they can live and thrive.
FlowTek President Jose Torres stated, "Having a business and living in Puerto Rico, I'm very familiar with the irrigation challenges facing business owners. Whether someone has a landscape company, is a nursery owner or golf course superintendent, their livelihood depends on irrigation and their ability to conserve water, so I'm extremely excited to finally offer fellow Islanders a viable solution."
For additional information about RootGel(TM), visit www.RootGel.com or contact a GelTech Solutions Representative toll free at 800-924-4874.
For additional information in the Caribbean, please contact Jose Torres, FlowTek, Inc. at 561-459-0849
In order to receive regular updates on GelTech Solutions, please click on the following link: http://geltechsolutions.ir.stockpr.com/request-information
About GelTech:
GelTech Solutions creates innovative, Earth-friendly, cost-effective products that help industry, agriculture, and the general public accomplish environmental and safety goals, such as water conservation and the protection of lives, homes, and property from fires and other dangers. GelTech's dedication to finding global answers to common problems touches its current products and its development pipeline of new and promising innovations.
GelTech markets and sells innovative proprietary products including:
* FireIce(R), a patented powder that extinguishes fires, including wildfires; and
* RootGel(TM), a solution to today's drought challenges. RootGel(TM) is a moisture-retentive soil conditioner that decreases the need for water. RootGel(TM) is ideal for golf courses, lawns, tree and sod farms, and nurseries.
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