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Younger America Corporation (PINKSHEETS: YNGR); Hercules Offshore, Inc. (NASDAQ: HERO); Intersil Corporation (NASDAQ: ISIL); Quest Resource (NASDAQ: QRCP); Greenstone Holdings, Inc. (PINKSHEETS: GSHN); The Children's Internet, Inc. (OTCBB: CITC)
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Younger America Corporation (PINKSHEETS: YNGR)
Younger America Corporation closed at $0.0001 Wednesday, trading 60,462,901 shares.
Company News- December 20, 2007: Younger America Corporation (YNGR.PK) Retains Competitive Edge Consultants for Investor Relations and Competitive Intelligence
Younger America Corporation (PINKSHEETS: YNGR), announced earlier today that it has retained the services of Competitive Edge Consultants, Inc. (CEC) for its Investor Relations needs. CEO Manny Shulman commented, "With our extreme growth plans it has become increasingly difficult to handle all IR inquiries and we felt our potential investors and customers would be better served by offering CEC's services." Competitive Edge Consultants, Inc. offers the complete spectrum of traditional and technology-based Investor Relations services and will also help us position our products to gain maximum exposure in the marketplace. The principals of Competitive Edge Consultants have extensive experience consulting for asset-based hedge funds in the New York City area and providing institutionalized data to the investment community.
Dale Semler of CEC commented, "There are very few opportunities that exist in the marketplace for our firm to represent a company whose net assets appear to be far greater than is currently realized. We are very excited about this opportunity and have agreed to an incentive-based contract with Younger America based on the number of new investors that we bring to the company. We are always available to talk to the investment community about Younger America Corporation and look forward to speaking with current shareholders."
About Younger America:
Younger America is a holding Company that develops and acquires under-valued companies that provide products to improve the quality of life without the use of potentially harmful drugs or chemicals. The Company aims to acquire a portfolio of companies that provide leading-edge alternative medical devices, systems and services. The roll-up of these companies will create value for the shareholders and provide innovative technologies and products that can enhance the quality of life for their customers.
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Hercules Offshore, Inc. (NASDAQ: HERO)
Hercules Offshore, Inc. closed at $24.19 Wednesday, trading 1,451,600 shares.
Company News- December 20, 2007: Hercules Offshore Adopts BoardVantage
Hercules Offshore, Inc. (NASDAQ: HERO), one of the leading providers of contract drilling, marine and liftboat services drillers globally, announced earlier today they have adopted BoardVantage to manage its board communications. Hercules Offshore is using BoardVantage to streamline board book preparations, and to provide directors with easy, online access to board documents.
According to James Noe, Senior Vice President, General Counsel, Secretary, and Chief Compliance Officer, "We immediately saw the value of the BoardVantage solution. With BoardVantage, we are able to produce highly navigable, electronic board books in a fraction of the time it previously took to create paper-based board books. We are also able to maintain a historical repository of documents, which we can access whenever needed. Furthermore, BoardVantage provides a way for our directors to access board materials in a secure environment from an Internet connection anywhere in the world. We are looking forward to using the product." "We are excited to add Hercules Offshore as a customer," said Joe Ruck, president and CEO, BoardVantage. "We have over 10 energy customers, and Hercules Offshore illustrates the benefits our solution brings to simplifying the board book preparation process." About Hercules Offshore Headquartered in Houston, Hercules Offshore operates a fleet of 33 jackup rigs, 27 barge rigs, 65 liftboats, three submersible rigs, nine land rigs, one platform rig and a fleet of marine support vessels and has operations in ten different countries on five continents. The company offers a range of services to oil and gas producers to meet their needs during drilling, well service, platform inspection, maintenance, and decommissioning operations in shallow waters. For more information, please visit http://www.herculesoffshore.com.
About BoardVantage
BoardVantage is the leading provider of secure board portals, with customers across multiple industries and in all sizes -- including over 20 Fortune 100 companies. BoardVantage provides a secure and user-friendly Web portal for centralizing board documents, processes and communications. It also provides productivity tools for creating and distributing board materials efficiently. BoardVantage is SAS 70 Type II Certified, and meets or exceeds the standards of the most security conscious IT departments, including those of major financial institutions. To learn more, visit www.boardvantage.com.
All trademarks, trade names or service marks used or mentioned herein belong to their respective owners.
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Intersil Corporation (NASDAQ: ISIL)
Intersil Corporation closed at $23.88 Wednesday, trading 1,126,300 shares.
Company News- December 20, 2007: Intersil's New Dual 100V Linear Regulator Will Save Board Space and Cost for Telecom Applications
Intersil Corporation (NASDAQ: ISIL), a world leader in the design and manufacture of high-performance analog semiconductors, earlier today announced the industry's first dual 100V linear regulator, the ISL6719. The new regulator provides steady, accurate voltage for a wide variety of applications such as telecommunications and networking systems. With its highly integrated architecture, the new IC handles the functions of up to 15 discrete components, but its small 3 x 3 millimeter high thermal performance DFN package means it requires less than half the board space of a comparable solution based on discrete chips.
Beyond the dramatic space and component procurement and placement savings, the ISL6719's high level of integration and carefully selected features will allow system designers to simplify their design process, improve overall system reliability and efficiency, and reduce cost. It is currently the only dual 100V (input) product on the market.
The ISL6719 is ideal for use as a single start up linear regulator in isolated power designs, or as a dual output bias supply for point-of-load regulators in Telecom/Datacom applications. The control circuitry used in Telecom/Datacom applications typically requires an operating bias voltage significantly lower than the source voltage available to the converter, and thus many applications require a discrete linear regulator. When implemented discretely, this circuitry occupies significant space, a considerable problem in today's high-density converters. The ISL6719 linear regulator simplifies the start-up and operating bias circuitry needed in Telecom and Datacom DC/DC converters by integrating these functions and many other features into an extremely small IC.
Pricing and Availability The ISL6719 is available in a 9 Ld 3 x 3mm DFN package in quantities of 100-999 for $1.25, or in a 9 Ld 3 x 3 DFN T+R package for $1.27.
About Intersil
Intersil Corporation is a leader in the design and manufacture of high-performance analog semiconductors. The Company's products address some of the industry's fastest growing markets, such as, flat panel displays, cell phones, other handheld systems, and notebooks. Intersil's product families address power management functions and analog signal processing functions. Intersil products include ICs for battery management, hot-swap and hot-plug controllers, linear regulators, power sequencers, supervisory ICs, bridge drivers, PWM controllers, switching DC/DC regulators and power MOSFET drivers; optical storage laser diode drivers; DSL line drivers; video and high-performance operational amplifiers; data converters; interface ICs; analog switches and multiplexers; crosspoint switches; voice-over-IP devices; and ICs for military, space and radiation-hardened applications. For more information about Intersil or to find out how to become a member of our winning team, visit the Company's web site and career page at www.intersil.com.
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Quest Resource (NASDAQ: QRCP)
Quest Resource closed at $6.66 Wednesday, trading 183,200 shares.
Company News- December 20, 2007: Quest Resource Provides Guidance and New Ventures Update
Quest Resource (NASDAQ: QRCP | charts | news | PowerRating) earlier today announced that the corporation expects to receive $23 million to $25 million in combined distributions from Quest Energy Partners, L.P. (NASDAQ: QELP) and Quest Midstream Partners, L.P. in 2008. Quest owns 100% of the general partner and a 57% limited partner interest in Quest Energy Partners and 85% of the general partner and a 36% limited partner interest in Quest Midstream Partners.
This estimate reflects the indicated initial annual distribution rate of $1.60 per unit for Quest Energy Partners and the remainder from Quest Midstream. The guidance does not take into account the impact of Quest's planned merger with Pinnacle Gas Resources, Inc. (NASDAQ: PINN) or any potential transfers of assets to either partnership following the close of the merger.
New Ventures Update Quest also announced that its New Ventures group has acquired oil and gas rights to approximately 22,300 net acres in southwestern Pennsylvania that it believes are prospective for the Marcellus Shale. Quest recently completed drilling of the first vertical well on the acreage and expects to have the well completed and tested by the middle of the first quarter of 2008. Quest expects to drill additional wells on the acreage in 2008. The New Ventures group is pursuing other opportunities to utilize their technical expertise to create value for Quest Resource shareholders and currently plans to spend $2 million to $3 million on the drilling and completion of wells in Pennsylvania and other areas in 2008.
About Quest Resource Corporation Quest Resource Corp. is a fully integrated E&P company that owns 100% of the general partner and a 57% limited partner interest in Quest Energy Partners, L.P. (NASDAQ: QELP) and 85% of the general partner and a 36% limited partner interest in Quest Midstream Partners, L.P. Quest Resource operates and controls Quest Energy Partners and Quest Midstream Partners through its ownership of their general partners. For more information, visit the Quest Resource website at www.qrcp.net.
Quest Energy Partners, L.P. was formed by Quest Resource Corp. to acquire, exploit and develop natural gas and oil properties and to acquire, own, and operate related assets. The Partnership owns more than 2,000 wells and is the largest producer of natural gas in the Cherokee Basin, which is located in southeast Kansas and northeast Oklahoma and holds a drilling inventory of nearly 2,300 locations. For more information, visit the Quest Energy Partners website at www.qelp.net.
About Quest Resource
Quest Midstream Partners, L.P. was formed by Quest Resource Corp. to acquire and develop transmission and gathering assets in the midstream natural gas and oil industry. The partnership owns more than 1,800 miles of natural gas gathering pipelines and over 1,100 miles of interstate natural gas transmission pipelines in and around the Cherokee Basin. For more information, visit the Quest Midstream Partners website at www.qmlp.net.
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Greenstone Holdings, Inc. (PINKSHEETS: GSHN)
Greenstone Holdings, Inc. closed at $0.075 Wednesday, trading 68,710 shares.
Company News- December 20, 2007: Greenstone Presents a Test House for GreenShield After Two Years
Greenstone Holdings, Inc. (PINKSHEETS: GSHN | charts | news | PowerRating) announced earlier today that the two year field test of its unique green product GreenShield has been completed. According to the site owners and Management the test was a complete success. Based in part on the results of this long test, the Company is gearing up to meet the demands of the two million dollar new home construction market. In slower economic times, Mr. Sal Miwa, CEO of Greenstone, said, "People want to protect their home investments. They want protection against moisture and fire." The test was performed as part of the construction of a beautiful 14,000 square foot house located within one of Colorado's best communities in Fremont County. The home owner wanted the best protection for his home and family and was willing to try a new technology to protect against moisture and fire. The test encompassed spraying the entire house with Greenstone's proprietary sealer, GreenShield. In the two year period, there has not been a single defect or flaw detected in GreenShield's properties. The owner added, "GreenShield did not leave any toxic residue or smell and it was very easy to work with. We even performed a fire test right at our house and were very impressed by GreenShield's resistance to flames. I would recommend GreenShield to any future home owners large or small." (See the photos at http://www.egreenstone.com/documents/ColoradoHouseTest.pdf) Mr. Miwa said, "Since 2004, we have conducted several different lab tests and field tests on our GreenShield and we are very pleased with the results. This Colorado house was one of the largest. Although the new home construction market is down, we believe it is the right time to introduce new technologies into the market because people have more time to look around."
About Greenstone Holdings, Inc.
Through its operating subsidiaries, Greenstone is in the business of providing a variety of unique chemical technologies that are primarily used in the building and construction industry. The Company's first brand name product, GreenShield, offers a solution for environmental protection for wood-based building materials and others such as lumber, logs, plywood, drywall, railroad ties, fencing, and utility poles. It also offers added fire retardancy to the material it is applied to. The $25 billion water damage market is one example of many which GreenShield can find a niche in. Greenstone also distributes Green-Dri, revolutionary biological dry kiln for drying wood, Permeate, a very unique chemical sealer for metal, concrete, and other construction material, and MagneLine, a very strong polymer cement mortar to reinforce metal and concrete structures such as bridges and highways. Please visit www.egreenstone.com for more information.
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The Children's Internet, Inc. (OTCBB: CITC)
The Children's Internet, Inc. closed at $0.17 Wednesday, trading 3,500 shares.
Company News- December 20, 2007: The Children's Internet Announces New Business Developments
The Children's Internet, Inc. (OTCBB: CITC | charts | news | PowerRating) announced earlier today that it has amended the terms of its agreement with The Children's Internet Holding Company (TCIH) to permit TCIH to purchase up to an additional 128,040,988 shares of TCI Common Stock for an aggregate of $8 million. The parties also agreed to extend the outside termination date of their Definitive Stock Purchase Agreement (DSPA) from December 31, 2007 to January 31, 2008.
Currently, the DSPA provides for the purchase of 128,040,988 shares of TCI stock for an aggregate purchase price of $8 million. The new agreement allows TCIH to potentially double its investment in TCI through exercise of a warrant to purchase up to 128,040,988 shares of TCI common stock at an exercise price equal to the purchase price per share of common stock under the DSPA. The warrant may only be exercised after the closing of the DSPA, and then, only until April 30, 2008.
Richard J. Lewis III, TCI's Acting CEO and the Manager of TCIH, commented: "The warrant gives TCIH the flexibility to provide significant additional funding to TCI at the closing, which will allow TCI to implement its post-closing strategy more quickly and efficiently than we otherwise would have been able to do. The extension of the termination date also gives us additional time to plan our post-closing efforts, manage the IT transfer from Two Dog Net and raise additional funds." TCI also recently entered into a Services Agreement with Two Dog Net (TDN) under which, TDN will continue to provide TCI office lease and equipment rental services until the closing under the DSPA. TCIH is a third-party beneficiary to the rights of TCI and a guarantor of the payments to be made by TCI under the Services Agreement.
New Technology Development Team In order to facilitate the transfer of technology and ensure continual and reliable performance under the Service Agreement, TCI is also pleased to announce the formation of its new technology development team (the "Tech Team") that is being put into place by TCIH in anticipation of the closing. Each member of the Tech Team has a specific area of Internet software and security expertise. The Tech Team is led by Kenneth C. Wilkinson, formerly of Boxer Technology, LLC., who has over 20 years' experience in the IT business including as a leading software developer. Senior Developer Rick Leinecker has been an expert in the field of Internet filtering technologies for over 10 years. Tyler Wheeler, the Chief Architect and one of the original creators of The Children's Internet software, has over 20 years of software and hardware integration and design experience. Daniel W. Schoenthal has over 25 years of design and implementation experience, and is currently providing content architecture and access control list services in addition to being the home office trouble shooter for TCIH
About The Children's Internet, Inc.:
The Children's Internet, Inc. (http://www.ChildrensInternet.com) is the exclusive marketer and distributor of The Children's Internet membership based service created just for kids. The Children's Internet is the most comprehensive, secure Internet service and "educational super portal" for children, pre-school to junior high, providing them with SAFE, real time access to millions of the best pre-selected, pre-approved educational and entertaining web pages accessed through a kid-friendly search engine.
The Children's Internet provides kids with a rich array of easy to use applications, including secure e-mail, search engine, homework help, games, news, learning activities and virtually limitless educational resources all within its safe, protected online community that gives kids a sense of freedom and parent's total peace of mind! Awards won by The Children's Internet : The Children's Internet was declared winner of Outstanding Products of 2006 by iParenting Media Awards in the software category.
The Children's Internet received the coveted National Parenting Center's Seal of Approval.
The Children's Internet was ranked by PC Magazine as Editors' Choice in the category of "Kids' Browsers and Services" and declared the winner, rated #1 over AOL, MSN and EarthLink.
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