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UTEK Corporation
(AMEX:UTK) (LSE-AIM:UTK), www.Rocket-Stocks.com 9/29/08 UTEK Corporation an innovation services company, and World Energy Solutions, Inc, (OTCBB:WEGY) an energy services company and electronics manufacturer, announced that World Energy Solutions, Inc. has acquired H-Hybrid Technologies, Inc., a wholly owned subsidiary of UTEK, in a stock transaction.
H-Hybrid Technologies contains the H-Hybrid (trademark pending) designation as well as a worldwide exclusive license to patented inventions for an apparatus and method of generating hydrogen and oxygen gases designed to increase fuel economy and decrease hydrocarbon emissions in gasoline powered vehicles. The gases are generated on demand by an electrolyzer that separates water into a gaseous mixture of hydrogen and oxygen. The electrolyzer is designed to be adapted to vehicles to provide a pre-combustion gas mixture to the fuel system on demand, thereby obviating the need for onboard storage of hydrogen.
Ben Croxton, Chief Executive Officer of World Energy Solutions, Inc., said, "We believe the addition of this licensed technology will advance our goal of introducing our own system for fuel enhancement and emissions reduction for the OEM marketplace. We feel that combining these technologies with our existing technology will strengthen our intellectual property focused on improving fuel efficiency and lowering emissions in automobiles."
"UTEK is pleased to consummate this technology transfer with World Energy Solutions," said Joel Edelson, Vice President of Technology Licensing at UTEK Corporation.
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Drinks Americas Holdings, Ltd.
(OTC BB: DKAM | Quote | Chart | News | PowerRating) www.Rocket-Stocks.com 9/29/08 Drinks Americas Holdings, Ltd. announced that it has entered into a 15 year Exclusive Master Distribution Agreement with H. Pixel International Trade Ltd. for the sale and distribution of the Company's products in Israel. Under the Agreement, Pixel, as the Company's exclusive master distributor in Israel, will order no less than approximately $300,000 in Company products per month for the term of the Agreement. Pixel has placed its first order under the Agreement, which calls for approximately $1.1 million in Company products to be produced immediately and shipped by December.
J. Patrick Kenny, the Company's CEO, said, "This contract provides for a 15 year revenue stream for Drinks Americas and the opportunity for Trump Vodka andour other Drinks Americas brands (including Olifant Vodka which we are in the process of purchasing) to continue to expand internationally. Our new Israeli distribution partners have put in place an exciting marketing plan, and each of the new orders will be supported by letters of credit to assure production and supply without burdening the Company's capital. This is a very important and dramatic event in our overall plan to expand Drinks America's Icon brands internationally."
In addition to specifically focusing on Trump Super Premium Vodka and Olifant Vodka, the Agreement with Pixel also calls for the purchase and sale of no less than 2400 cases per year of the Company's Willie Nelson's Old Whiskey River Bourbon and no less than 2400 cases per year of the Company's Aguila Tequila. It is also understood that as the Company introduces new products (such as its forthcoming sparkling vodkas and cognac), Pixel will also place orders for such products.
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World Energy Solutions, Inc.
(OTCBB:WEGY) www.Rocket-Stocks.com 9/29/08 UTEK Corporation (AMEX:UTK) (LSE-AIM:UTK), an innovation services company, and World Energy Solutions, Inc, an energy services company and electronics manufacturer, announced that World Energy Solutions, Inc. has acquired H-Hybrid Technologies, Inc., a wholly owned subsidiary of UTEK, in a stock transaction. H-Hybrid Technologies contains the H-Hybrid (trademark pending) designation as well as a worldwide exclusive license to patented inventions for an apparatus and method of generating hydrogen and oxygen gases designed to increase fuel economy and decrease hydrocarbon emissions in gasoline powered vehicles. The gases are generated on demand by an electrolyzer that separates water into a gaseous mixture of hydrogen and oxygen. The electrolyzer is designed to be adapted to vehicles to provide a pre-combustion gas mixture to the fuel system on demand, thereby obviating the need for onboard storage of hydrogen.
Ben Croxton, Chief Executive Officer of World Energy Solutions, Inc., said, "We believe the addition of this licensed technology will advance our goal of introducing our own system for fuel enhancement and emissions reduction for the OEM marketplace. We feel that combining these technologies with our existing technology will strengthen our intellectual property focused on improving fuel efficiency and lowering emissions in automobiles."
"UTEK is pleased to consummate this technology transfer with World Energy Solutions," said Joel Edelson, Vice President of Technology Licensing at UTEK Corporation.
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GreenChek Technology Inc.
(OTCBB:GCHK) www.Rocket-Stocks.com 9/25/08 GreenChek Technology Inc. a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, reported that after months of testing, base-lining, and implementing their ERD Technology they have completed the 3rd Party certification process in order to verify their hydrogen related products. The certification was completed by Clean Air Technologies International, Inc. (CATI) which specializes in real-time vehicle and engine exhaust measurements. The certification validates the significance of our ERD technology.
GreenChek manufactures an emission reducing device simply known as the ERD 1.0, which can be retrofitted to any vehicle regardless of fuel source. This device reduces vehicle emissions as well as increases fuel economy.
GreenChek's Chief Strategy Officer, Donald Walling who was involved directly in the certification process added, "Attaining impressive results on our in-house trials was one thing, but to then validate these initial results with successful 3rd Party certification from a world-class organization such as Clean Air Technologies is a confirmation that GreenChek will make a significant impact in this industry."
To view the certification, please visit our website at www.greenchektech.com
About Clean Air Technologies
For over six years, Clean Air Technologies International, Inc. (CATI) has beenspecializing in real-world vehicle and engine exhaust emissions measurements. Clean Air Technologies International, Inc. designs and manufactures the industry'smost compact and powerfulportable emissions measurementsystem (PEMS). CATI also provides full consulting servicesfor customers thatonly require one-time vehicle emission data.
GCHK In Recent News: 9/23/08 GreenChek Technology Inc. a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, announced that it has completed the initial stage of financing for the launch of its hydrogen related products.
GreenChek manufactures an emission reducing device simply known as the ERD(TM) 1.0, which can be retrofitted to any vehicle regardless of fuel source.
"The completion of this initial stage of financing is significant," commented Lincoln Parke, GreenChek President and Chief Executive Officer. "Not only does it allow us to execute on our strategic plan, but it also provides us with the resources to expand our initial target territories."
The company has received $300,000 USD from Accredited Investors in a Private Placement at $0.75 per share. The private placement is exempt from registration under the Securities Act of 1933, as amended (the "1933 Act") pursuant to Section 4(2) of the 1933 Act and Regulation D.
The funding will ensure GreenChek's secure manufacturing of its products entering the European market.
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SkyTerra Communications, Inc.
(OTCBB:SKYT) www.Rocket-Stocks.com 9/25/08 Mobile Satellite Ventures (MSV) announced that in cooperation with the Fairfax County, Virginia, Office of Emergency Management and Department of Public Safety Communications will create and manage the South East Satellite Mutual Aid Radio Talkgroup (SE-SMART) operating on the MSV satellite communications network.
SE-SMART is the eighth, multi-state, regionally-focused and managed talkgroup provided by MSV to facilitate rapid, reliable and interoperable communications over satellite for public safety operations and emergency responders. Working with national, state and local public safety agencies, MSV has already helped establish SMART(TM) talkgroups serving 42 states across the U.S., the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
In coordination with MSV, the Fairfax County OEM and DPCS will manage, provide 24x7 monitoring, and approve participation in SE-SMART by federal, state, tribal, and local public safety agencies - and appropriate private sector users with a public safety mission - located in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia and the District of Columbia.
This new southeastern regional talkgroup enables critical and interoperable communications at all levels of public safety agencies and facilities in this 12-state region and the District of Columbia. For those agencies already using MSV's technology, these talkgroups represent a major step forward in public safety interoperability, particularly when terrestrial networks are damaged or congested.
"Enhancing public safety and emergency response communication interoperability is at the core of MSV's satellite mutual aid radio talkgroup program," said Susan Miller, senior vice president for satellite services for MSV. "Working with the Fairfax County OEM and DPSC, we have found a proactive communications partner focused on implementing solutions, such as SE-SMART, to improve interoperability during emergencies as well as for day-to-day operations."
SE-SMART is the latest in a rapidly growing family of nationwide and regionally-focused talkgroups, provided by MSV but managed and controlled by the organizing federal, tribal, state or local agency. These include nationwide public safety and national security/emergency preparedness talkgroups managed by the Department of Justice and the Department of Homeland Security's National Communications System (NCS).
All public safety organizations operating throughout the southeastern United States with active accounts on the MSV network are eligible and encouraged to join SE-SMART at no charge by way of application to the Fairfax County OEM and DPCS. A copy of the Standard Operating Procedures and application to join SE-SMART are available from: SESMART@fairfaxcounty.gov or by calling Ed Gerow at 703-280-0681.
MSV is Redefining Wireless Communications(TM) through its development of a integrated satellite-terrestrial communications network, based on MSV's patented ancillary terrestrial component (ATC) technology. The company expects its next-generation network will provide seamless, transparent and ubiquitous wireless coverage of the United States and Canada to conventional handsets. MSV plans to launch two of the most powerful commercial satellites ever built that will enable this network to support communications in a variety of market segments including public safety, homeland security, aviation, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services.
Mobile Satellite Ventures is a joint venture between Mobile Satellite Ventures LP and Mobile Satellite Ventures (Canada) Inc. MSVLP is owned and controlled by SkyTerra Communications, Inc. (OTCBB:SKYT).
About Mobile Satellite Ventures (www.msvlp.com)
MSV delivers mobile wireless voice and data services primarily for public safety, security, fleet management and asset tracking in the U.S. and Canada. The company's next-generation hybrid satellite-terrestrial communications network is expected to provide seamless, transparent and ubiquitous wireless coverage of the United States and Canada to conventional handsets. When completed, the network will support communications in a variety of market segments including public safety, homeland security, aviation, transportation and entertainment, by providing a platform for interoperable, user-friendly and feature-rich voice and high-speed data services. Mobile Satellite Ventures is a joint venture between Mobile Satellite Ventures LP and Mobile Satellite Ventures (Canada) Inc. MSVLP is owned and controlled by SkyTerra Communications, Inc. (OTCBB: SKYT).
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