Austin, TX 10/26/2007 10:55:01 PM
Speak with other shareholders about: (OTC BB: FRTW), (OTC BB: IASCA), and (OTC BB: HYBT);
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Franklin Towers ENT (OTC BB: FRTW)
FRTW Announces Wholly Owned Subsidiary, Qiluo, Moves Forward With Initiatives to Centralize Silk Production in Chongqing Region with China Regional Government Endorsement
CHONGQING, China, Oct 25, 2007 Franklin Towers announced today that Qiluo, its wholly owned subsidiary and driving force of revenues for its organization, is now in a position to begin implementing its acquisition strategy with Chinese regional government support. The local government's endorsement will provide Qiluo with a number of material preferential benefits.
Among other advantages, Quilo could receive the following government incentives: -- Land policy exemptions -- Tax breaks -- Project prioritization (priority in review and approval of applications) -- Energy discounts (upon approval, company can receive discounts of fees related to water, electric, gas, etc.)
''We are extremely honored to have the endorsement of the Chinese regional government. This endorsement will provide our organization with a solid foundation moving forward with the ability to conduct business with instant creditability, and a competitive edge over the marketplace,'' stated Kelly Fan, CEO of Franklin Towers Enterprises, Inc.
About FRTW FRTW, through its wholly owned subsidiary, Chongqing Qiluo Textile Company Ltd (''Qiluo'') located in the southwest region of China in the Chongqing Municipality, operates in China's $250 billion Yuan silk industry coordinating the entire silk manufacturing process from sericulture (the raising of silk worms for the production of raw silk), processing, clothing production and exportation of both final and raw products. Recent investments have been made to maximize the silk production/processing potential of Qiluo in attempt to propel its organization to the forefront of the industry.
Over the past several years, Mr. Dingliang Kuang, founder and CEO of Qiluo has worked diligently to break into the silk industry in Chongqing, China. Known in the Chongqing region as one of the major industrialists having received numerous entrepreneurial awards in relation to his food processing plant, Chongqing Xin Sheng Xiang Industrial Development Co. Ltd. (one of the top 50 privately owned enterprises in Chongqing - population approximately 31 million^), Mr. Kuang and his team possess the necessary experience and knowledge to maximize the potential of the Qiluo organization.
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Ias Energy Inc (OTC BB: IASCA)
IAS Energy, Inc. Appoints Vice President for the Chinese Website Video1314.com
HONG KONG & VANCOUVER, British Columbia, Oct 25, 2007IAS Energy, Inc. is pleased to announce that the Company's board of directors have appointed Samuel Kam as Vice President of Internet Development to oversee the website www.video1314.com.
Samuel Kam has been in investment consultancy, business management, acquisition in real estate, trading, manufacturing and the travel industry between 1986 and 1995. From 1987 to 1992 in Canada, he was president of Samabill Transworld Investments Inc., which was in investment consultancy. In 1990, he purchased Soficomex Development Corp. in Canada. As their president from 1990 to 1996, he developed the company into a major Airline Consolidator in Eastern Canada with a client base of more than 250 travel agencies across Eastern Canada. His businesses have been focused on business advancement through technical edges. He has been an avid computer user with a creative mind for computer applications.
Mr. Kam was among the first group of pioneers in the Internet industry in Hong Kong. In early 1996, he founded PowerNet Internet Group in Hong Kong, a leading ISP rated as the Top three best ISPs in Hong Kong in 1999 by PC World. In year 2000, he founded PowerNetix Limited, one of the most advanced Internet Data Centres offering up to Layer 7 application controls. He has been instrumental in developing many of the advanced services and products in the companies, particularly the global VPN products and Utility Computing over the Internet. He has developed a specialty in network operation, management and product development. Through live experiences, his theories and philosophies of the Internet have been put to practice. From 1999 to 2001, he was the key fund-raiser from Hong Kong publicly listed companies Harmony Asset (SEHK#428), Millennium Group (SEHK#260) and Allied Properties (SEHK#56). He was featured in the book of the Top 100 Smartest persons in Hong Kong in 2001. In 2003, he co-founded Power-All Networks Ltd, which specializes in cluster-based computing and Data Centre in a box solutions. In 2007, he founded Video1314, which aims to become one of the top Internet sites Asia and China.
John Robertson, President of IAS Energy, Inc., states, "IAS Energy, Inc.'s board of directors are very pleased with having Samuel Kam as Vice President, and I am confident that www.video1314.com will be a very successful website in China and Asia." Video1314.com is currently a Chinese Web 2.0 platform similar to YouTube ( www.youtube.com). Video1314's Chinese platform will be expanded and has plans to launch across Asia in Japanese, Korean and English. Video1314 will grow its business to offer photo, audio sharing and a C2C, B2C and B2B marketplace to buy and sell goods for its members. Video1314 focuses on three main areas: -- Free online photo, video and audio sharing, -- A marketplace (similar to Alibaba.com) to buy and sell goods using video, photo and audio technologies -- High-resolution TV programs that can be watched over the Internet The site has attracted over a million visitors since March 2007. Today, there are over 10,000 video clips in 18 video channels that consist of sports, music, food and many others.
ON BEHALF OF THE BOARD OF DIRECTORS "John Robertson" John Robertson President
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Hybrid Tech Inc (OTC BB: HYBT)
Hybrid Technologies, Inc. and Top Automotive Magazine, Dupont Registry, Team Up for SEMA 2007 in Las Vegas to Present Hybrid's All Electric BMW Mini Cooper Second Year in a Row Prestigious Magazine, Dupont Registry, and Hybrid to Team Up; Lithium Mini Cooper Expected to Draw Attention as Hybrid Shows Off the Latest in Eco-Friendly Machines
MOORESVILLE, NORTH CAROLINA AND LAS VEGAS, NEVADA, Oct 25, 2007 Hybrid Technologies, Inc. ( www.hybridtechnologies.com), emerging leaders in the development and marketing of lithium-powered products worldwide, is pleased to announce their partnership with automotive retailing giant Dupont Registry, www.dupontregistry.com, and will be featuring the 2007 all lithium Mini Cooper designed for the 2007 SEMA SHOW.
The Mini Cooper is already a Hollywood star and has been featured in Forbes and the Wall Street Journal. It is powered with a pure electric drive system using state of the art lithium-ion battery units and a highly advanced BMS (brake management system). The car was originally developed for diplomatic service and has been welcomed by the Hollywood eco set as the latest and greatest in green driving.
Click here for extended release and picture: http://www.hybridtechnologies.com/news/20071025 The Mini Cooper has been used by NASA as part of an ongoing relationship with Hybrid and the Federal Space Agency. Along with performing active duty at NASA it has also been seen cruising in the Hollywood Hills with Warner-recording artist James Blunt behind the wheel.
Powered by a 220v or 110v plug in system, the Mini can reach speeds of well over 80mph with a range of over 120 miles on a 5 hour rapid charge. The car was developed for inter-urban driving and a long range city car is in production, thus making it a leader both in technology and market penetration.
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