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Vsurance, Inc. (OTCBB: VSUR) Up 16.88% on Wednesday
Detailed quote: http://beaconequityresearch.com/VSUR
December 12, 2007 - Vsurance, Inc. Completes Breed Encyclopedia For Pet Owners
Vsurance, Inc. (OTCBB:VSUR), a leading provider of pet health insurance, announced today that it has completed development of its companion animal breed encyclopedia for dogs and cats.
The proprietary reference material, which will serve as a key component to enable Vsurance to cost-effectively market its pet health insurance products and services to dog owners, provides in-depth information on more than 386 breeds of dogs and cats. It includes information on the breed's disposition; common health problems; breed history and origin; space and nutrition needs; grooming requirements; and one of the most important questions is whether the breed is good with children. From a bold, adventurous, and playful Airedale Terriers to an affectionate, reliable, and obedient Hungarian Wirehaired Vizsl, this is complete and thorough breed encyclopedia.
"We are very excited that this breed encyclopedia is completed because it will form part of the Company's upcoming in-store retail products and provides pet owners or people considering owning a pet with usable, reliable, and complete information," stated Russell Smith, CEO of Vsurance, Inc. "This is an important milestone for the Company because it allows us to educate pet owners on the health problems common in certain breeds which then ties to the importance of pet insurance. We will continue to expand this proprietary encyclopedia as we move forward with our aggressive growth plan."
Points International Ltd. (OTCBB: PTSEF) Up 4.95% on Wednesday
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December 12, 2007 - Points International expects 2008 revenues to more than double to $65-$75 million; beta version of Global Points Exchange to launch early next week
Points International Ltd. (TSX: PTS; OTCBB: PTSEF), the world's leading loyalty reward solutions provider and owner of the Points.com portal, today provided initial guidance for 2008 and announced the upcoming launch of the beta version of its Global Points Exchange (GPX). Points expects that 2008 revenue will more than double over 2007 to the range of $65-$75 million, and that it sees significant expansion of positive EBITDA above 2007 levels.
"2007 has been a breakout year for Points as we experienced record transaction volume across our platform, transacting more than 10 billion miles and points. We also shifted a number of key partnerships to a principal-based model that offers substantial benefits to our partners and enables us to be more actively involved in the success of our products. We are forecasting dynamic growth for 2008 as we focus on adding new partners, selling additional products into our current base and expanding our Book With Points and AirIncentives programs," said Rob MacLean, CEO of Points.
"Many of the world's largest travel companies and marketers are benefiting from Points' industry expertise to create unique programs to drive revenue and provide monetization options for their best customers. We expect that our transaction and audience growth in 2008 will enable us to continue to drive innovation and create new products for the loyalty industry globally," added Mr. MacLean.
Points also announced that the public beta launch of its Global Points Exchange (GPX), the world's first peer-to-peer mileage and points marketplace will begin early next week. In this initial phase of the product, users visiting http://www.points.com/ can actively transfer their frequent flyer miles between five different programs, including American Airlines AAdvantage, Alaska Airlines Mileage Plan, Aeroplan, Frontier Early Returns and IcelandAir Saga Club Rewards points. The exchange is designed to create more customer engagement in these leading frequent flyer programs and to be a very user-driven experience. For the first time ever, user-driven trading between loyalty programs is allowed, with trade rates being set by users.
"Last year, the Economist estimated that the total retail value of all the miles in frequent travel program accounts worldwide was more than $700�billion, making airline miles and hotel points the world's most valuable currency," said Christopher Barnard, president of Points. "We are delighted to partner with our launch partners to offer a completely new way for frequent flier customers to manage this valuable asset much like they are able to manage their other financial assets. GPX offers a unique, community-based approach to facilitating this secondary market that also represents significant economic potential for our participating partners. This is only the beginning for GPX, as we have a detailed rollout plan for throughout 2008 that will encompass the inclusion of new partners, new features, and a strategic marketing program."
"Throughout 2007 Points has done a superb job of executing and refocusing the business solutions side of its operations around the principal model, resulting in 2007 growth of more than 100% over our original guidance. We expect that transaction volume will increase more than 40% in 2008 to more than 15 billion miles/points and drive significant financial growth. The company boasts a unique combination of proprietary technology and an ability to productize solutions that deepen its partner relationships. Its financial results and outlook are predicated on many years of hard work that is a direct reflection of the quality and energy of Rob, Christopher and the Points leadership team. We believe that we are experiencing only the beginning of long-term growth for Points," said Steve Bannon, Chairman of the Board.
WGI Holdings, Inc. (OTC: WGIH) Up 66.67% on Wednesday
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December 12, 2007 - WGI Holdings, Inc. Announces Participation in Sooner Trend
WGI Holdings, Inc. (PINKSHEETS: WGIH), a U.S.-based independent oil and gas company, is pleased to announce it has negotiated with Monarch Resources to participate in the Goffman #1 Well in Garfield County, Oklahoma.
WGI Holdings, Inc. has agreed to participate in the recompletion of the Goffman #1 well and a 640 acre lease in
Potential production of both gas and oil at today's energy prices makes this opportunity a perfect fit for WGI Holdings' strategy of building a low risk portfolio of oil and gas assets one well at a time, creating cash flow for the company while mitigating risk through recompleting wells in well established production areas that have extensive infrastructure of gas sales lines to get product to market immediately.
CruiseCam International (OTC: CCMJ) Up 30.77% on Wednesday
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December 12, 2007 - CruiseCam International Announces Opening of Office in
CruiseCam International (PINKSHEETS: CCMJ), developer and marketer of a line of "in-car" camera mount and recording systems with a wide range of applications, announced today the opening of a new office in the City of Guangzhou, China.
CruiseCam will utilize the
Leading the operations of product development will be Vice President of Development J.E. Lamont. Mr. Lamont will be based at the
Assisting Mr. Lamont at the
"With the fast pace of product development, CruiseCam will be better served with our own office and personnel located near the proximity of our manufacturers," stated Scott Watkins CEO of CruiseCam. "With John Lamont's manufacturing experience and business background, CruiseCam will accelerate product development significantly," concluded Watkins.
Edgetech International, Inc. (OTC: EGIL) Up 20.00% on Wednesday
Detailed quote: http://beaconequityresearch.com/EGIL
December 12, 2007 - EGIL Strikes New Agreement for Full Distribution Exclusivity for 'The PC Edge' in the
Edgetech International, Inc. (together with its wholly-owned subsidiary), ("Edgetech" or the "Company") (OTC: EGIL) is proud to announce that the Company has executed a new agreement with Datawind that includes full exclusivity for "The PC Edge" in the United States, Russia, the Ukraine, and Jamaica, subject to certain delineated minimum unit sales and time period requirements for each such territory. The move from five vertical markets to full exclusivity enables Edgetech International to pursue additional subscriber opportunities. The first new markets that Edgetech International plans to penetrate are National and Regional Cellular Carriers, Internet Service Providers, Cable Companies, National and Regional Telecommunication Providers.
"The PC Edge" is a unique, handheld, stand alone wireless unit with a built in modem and full-screen display providing High Speed Internet Access.
Edgetech Vice President of Sales, Keith R Jones, stated, "I look forward to leveraging my over 20 years of sales experience in the Telecommunications Industry to explore these new revenue opportunities. "
Edgetech CEO, Lev Parnas, stated, "This new agreement re-positions Edgetech International as the premier distributor of Mobile Computing Solutions. The sales and marketing efforts of "The PC Edge" will now be presented to a potential distribution channel with millions of subscribers."
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