ExpediteVentures.com: Expedite Ventures Market Watch IOL, NGM, LIVC

Oct 10, 2008 (M2 PRESSWIRE via COMTEX) -- LIVC | Quote | Chart | News | PowerRating -- Expedite Ventures

New York- Expedite Ventures announces the following companies as high potential: InterOil Corporation (TORN: IOL), BCB Bancorp, Inc.(NGM: BCBP), and Live Current Media, Inc. (OTC BB:LIVC).

Come visit PamplonaPicks.com to sign up for our free Newsletter, where you will receive detailed information on these companies and more! Expedite Ventures Picks: InterOil Corporation (TORN: IOL | Quote | Chart | News | PowerRating) (http://www.marketwatch.com/quotes/iol) InterOil Provides Market Guidance on Its Business Operations

10-10-08 InterOil Corporation a Canadian company with operations in Papua New Guinea confirmed today that it is on track to meet its projected earnings for the third quarter of 2008. The midstream refining and downstream distribution operations have continued to operate profitably and are in line with the Company's profit expectations. "We will be filing our third quarter financials on November 10, and we are extremely pleased to advise that InterOil has weathered the dramatic downturn through prudent management and control procedures and will be announcing a profit for the third quarter 2008," said Mr Collin Visaggio, Chief Financial Officer.

InterOil is also preparing to commence drilling the Antelope-1 appraisal well in the next few days. The Antelope-1 well will target the limestone section that was intersected in the Elk-4 well which recorded a gas flow rate of 105 million standard cubic feet (mmscf) and approximately 2,000 barrels (bbls) of condensate per day, which is the highest flow rate for a gas well in Papua New Guinea.

"We are confident that the high gas and gas condensate flow results in the Elk-4 will be confirmed in the Antelope-1, which is expected to add an additional 1,500 feet of reservoir," said Mr Phil Mulacek, Chief Executive Officer. "The anticipated result from the combined Elk and Antelope structures has been prognosed as being sufficient to underpin our LNG project." "We are also confident that we will close on the LNG Project Agreement with the Independent State of Papua New Guinea in the fourth quarter of 2008. Confirmation of this intent was received during joint strategic meetings with the Prime Minister of Papua New Guinea, Sir Michael Somare, which took place in Rome, Italy, earlier this week." InterOil Corporation is developing a vertically integrated energy business whose primary focus is Papua New Guinea and the surrounding region. InterOil's assets consist of petroleum licenses covering about 8.7 million acres, an oil refinery, and retail and commercial distribution facilities, all located in Papua New Guinea. In addition, InterOil is a shareholder in a joint venture established to construct Papua New Guinea's first LNG plant on a site adjacent to InterOil's refinery in Port Moresby.

InterOil's common shares trade on the Toronto Stock Exchange under the symbol IOL in Canadian dollars and on the American Stock Exchange under the symbol IOC in US dollars.

For more information please see the InterOil website at: www.interoil.com.

Expedite Ventures Picks: BCB Bancorp, Inc.(NGM: BCBP)www.marketwatch.com/quotes/bcbp) BCB Bancorp, Inc., Announces a 20% Increase in Quarterly Cash Dividend

10-10-08 BCB Bancorp, Inc., Bayonne, N.J. announced that the Board of Directors has unanimously approved a 20% increase in the payment of their quarterly cash dividend from $0.10/share to $0.12/share to shareholders of record on October 30th, 2008, payable on November 14, 2008. Donald Mindiak, President & CEO commented that, "we take great pride in the declaration of the payment of this quarterly cash dividend, which is 20% greater than the prior quarter, in that we believe this represents the Board's confidence in the Company's ability to provide our shareholders' with a competitive return on their investment. It also bespeaks the Board's confidence in management's ability to prudently manage the risks associated with the complex and challenging operating environment we are presently experiencing. As we continue on in this endeavor, we will strive to find and implement initiatives that have the capacity of increasing franchise and shareholder value." BCB Community Bank presently operates four offices, three located in Bayonne and one located in Hoboken, New Jersey.

Questions regarding the content of this release should be directed to either Donald Mindiak, President & CEO, or Thomas Coughlin, COO & Principal Accounting Officer at 201-823-0700 .

Forward-looking Statements and Associated Risk Factors This release, like many written and oral communications presented by BCB Bancorp, Inc., and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of said safe harbor provisions.

Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of the Company, are generally identified by use of words "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "seek," "strive," "try," or future or conditional verbs such as "could," "may," "should," "will," "would," or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results.

There are a number of factors, many of which are beyond our control, that could cause actual conditions, events, or results to differ significantly from those described in our forward-looking statements. These factors include, but are not limited to: general economic conditions and trends, either nationally or in some or all of the areas in which we and our customers conduct our respective businesses; conditions in the securities markets or the banking industry; changes in interest rates, which may affect our net income, prepayment penalties and other future cash flows, or the market value of our assets; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services in the markets we serve; changes in the financial or operating performance of our customers' businesses; changes in real estate values, which could impact the quality of the assets securing the loans in our portfolio; changes in the quality or composition of our loan or investment portfolios; changes in competitive pressures among financial institutions or from non-financial institutions; changes in our customer base; potential exposure to unknown or contingent liabilities of companies targeted for acquisition; our ability to retain key members of management; our timely development of new lines of business and competitive products or services in a changing environment, and the acceptance of such products or services by our customers; any interruption or breach of security resulting in failures or disruptions in customer account management, general ledger, deposit, loan or other systems; any interruption in customer service due to circumstances beyond our control; the outcome of pending or threatened litigation, or of other matters before regulatory agencies, or of matters resulting from regulatory exams, whether currently existing or commencing in the future; environmental conditions that exist or may exist on properties owned by, leased by, or mortgaged to the Company; changes in estimates of future reserve requirements based upon the periodic review thereof under relevant regulatory and accounting requirements; changes in legislation, regulation, and policies, including, but not limited to, those pertaining to banking, securities, tax, environmental protection, and insurance, and the ability to comply with such changes in a timely manner; changes in accounting principles, policies, practices, or guidelines; operational issues stemming from, and/or capital spending necessitated by, the potential need to adapt to industry changes in information technology systems, on which we are highly dependent; the ability to keep pace with, and implement on a timely basis, technological changes; changes in the monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board; war or terrorist activities; and other economic, competitive, governmental, regulatory, and geopolitical factors affecting our operations, pricing and services.

It also should be noted that the Company occasionally evaluates opportunities to expand through acquisition and may conduct due diligence activities in connection with such opportunities. As a result, acquisition discussions and, in some cases, negotiations, may take place in the future, and acquisitions involving cash, debt, or equity securities may occur. Furthermore, the timing and occurrence or non-occurrence of these events may be subject to circumstances beyond the Company's control.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Except as required by applicable law or regulation, the Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.

SOURCE: BCB Bancorp, Inc.

Expedite Ventures Picks: Live Current Media, Inc. (OTC BB:LIVC); (http://www.marketwatch.com/quotes/livc)

Live Current Media:

Global Cricket Ventures Launches Cricket.com Fantasy Cricket 10-10-08 Live Current Media Inc. a media company built around content and commerce destinations, announces that Global Cricket Ventures ("GVC"), a joint venture between Live Current and NetlinkBlue Holding, launched Cricket.com Fantasy Cricket on Oct. 9, 2008 to coincide with the start of the 2008 India-Australia cricket series in India.

This is the first major product launch at Cricket.com, which is being developed as the premier DestinationHub(TM) for the world's more than one-billion cricket fans. Fantasy Cricket has already registered more than 750 team entries in the first 24 hours of operations as a result of the immense global popularity of cricket and the large amounts of direct navigation traffic to Cricket.com, the world's most intuitive online cricket brand. Going forward, Cricket.com Fantasy Cricket will be tailored for use on mobile devices and all major social networking communities, and follows the successful launch of GCV's Facebook Fantasy Cricket in spring 2008, which became the leading fantasy cricket program on Facebook.

In another important growth-focused development, Global Cricket Ventures has appointed Alex Chamberlen as Chief Revenue Officer, effective immediately. Mr. Chamberlen has fifteen years of media experience, most recently as Global Head of Sales for Cricinfo.com from Sept. 2004 to Aug. 2007. Mr. Chamberlen was an integral member of Cricinfo's management team and helped to drive the business forward, culminating in its acquisition by ESPN. Prior to Cricinfo.com, Mr. Chamberlen was a Business Development Director at CNN International, an AOL Time Warner company.

Mark Melville, Chief Corporate Development Officer, Live Current and acting CEO, Global Cricket Ventures, said, "Fantasy sports is clearly a huge business and, as importantly, highly engages with users. There are now more than 27 million fantasy sports players in the United States alone, with annual revenue between $800 million to $1 billion. The fantasy game is just the first step in cricket.com becoming the ultimate destination for the passionate, global cricket community." "GCV is incredibly excited, and fortunate, to have Alex join the team and to drive the commercialization of the venture. Alex's history within the cricket market and with blue-chip media companies bodes well for GCV's growth. I look forward to working with Alex to rapidly grow the venture," he added.

On September 27, 2008, GCV also launched www.bcci.tv, the official online home of the Board of Control for Cricket in India ("BCCI") and Indian cricket. BCCI.tv represents the best online location to follow today's India-Australia Tour as well as future Indian cricket matches. The site offers exclusive video highlights, photographs and breaking news and interviews.

The first Cricket.com Fantasy Cricket competition will run through the calendar month of October 2008. The winner of the inaugural fantasy cricket competition will receive an Xbox 360. To learn more, visit www.cricket.com.

About Global

Cricket Ventures Global Cricket Ventures is a joint venture between Live Current Media Inc. and NetlinkBlue Holding that capitalizes on the global potential of the sport of cricket by leveraging exclusive digital assets and rights. Global Cricket Ventures and the Board of Control for Cricket in India recently entered into a 10-year, exclusive partnership to build and operate the Official BCCI and IPL websites, as well as bring to market other valuable digital assets around Indian Cricket including mobile content, live streaming and photo/video syndication.

About NetlinkBlue

NetlinkBlue is a leading consulting, technology and outsourcing services firm, which helps global clients plan, implement & maintain their technology & digital marketing investments, which in turn drives competitive advantage and improves business performance.

Services span across eight business divisions: interactive and ebrand management; internet troubleshooting services; online photography management and printing services; website development and maintenance services; an animation powerhouse building world class animated films, television shows, computer & console games; outsourcing / I.T. enabled services, software development & CRM solutions across multiple locations and time zones; radio frequency identification (RDIF) solutions and enterprise-wide technology solutions to build and enable infrastructure. NetlinkBlue has headquarters in Mumbai, India and Dubai, UAE. For more information, visit www.netlinkblue.com.

About Live Current

Media Live Current builds, owns and operates some of the most powerful and engaging content and commerce destinations on the Internet, such as www.perfume.com and www.cricket.com. Through subject-specific DestinationHubs(TM), Live Current properties connect people to each other and to the information, brands, and products they are passionate about. Live Current has headquarters in Vancouver, Canada with a location in Seattle, WA and is publicly traded on the NASD OTCBB (LIVC). For more information, visit www.livecurrent.com. Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Although Live Current Media Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, regulatory changes, changes in economic conditions and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release represent the Company's views as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statements, and readers are cautioned not to place undue reliance on these forward-looking statements.

SOURCE: Live Current Media Inc.

Visit www.PamplonaPicks.com to read our disclaimer Expedite Ventures Expedite Ventures Expedite Ventures

CONTACT: Michael Maley, Expedite Ventures Tel: +1 585 347 4500 ext 113 WWW: http:/www.expediteventures.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index