Stocks to Watch: NACEL Energy Corporation (OTC BB:NCEN) , Halcyon Jets Holdings, Inc. (OTC BB:HJHO) , IntelGenx Technologies Corp. (OTC BB: IGXT.OB), Intertape Polymer Group Inc. (NYSE: ITP), World Fuel Services Corporation (NYSE: INT)
Featured Stock: NACEL Energy Corporation
(OTC BB:NCEN)
Current Price (2.06)
http://www.smallcapstockanalyst.com/
Nacel Energy on Track to Achieve 80-Megawatts of New Energy With Second Wind Power Project in Texas
CODY, WY----Mar 31, 2008 -- NACEL Energy Corporation (OTC BB:NCEN.OB - News) (Frankfurt:4FC.F - News) ("NACEL Energy"), an emerging developer and aggregator of wind power generating clean, renewable energy for America, today announced the Company will develop the 20-megawatt Channing Flats wind energy project -- enough new capacity to meet the daily power demands of 6000 homes. Both Channing Flats and the Company's Blue Creek project announced March 19th 2008 are being developed in the Texas panhandle -- one of the premier wind energy corridors in the United States due to the flat topography, constant wind velocity and favorable access to transmission infrastructure. In addition to NACEL Energy, Florida Power & Light, Shell and BP also have wind energy projects underway in the region.
NACEL Energy President Brian Lavery stated:
"The Channing Flats power generation project enhances NACEL Energy's present operations and brings us closer to achieving the Company's primary goal of developing 80-megawatts of new wind power capacity over a 36 month period, thereby increasing enterprise and shareholder value."
In its latest update, The American Wind Energy Association (AWEA) reported that Texas consolidated its lead over California as the nation's number one wind power State, measured by installed capacity. In total, Texas wind farms now generate more than 4356-megwatts of wind power -- enough energy to serve 1.5 million homes. (AWEA, "American Wind Energy Association Market Report," January 2008)
About NACEL Energy Corporation (OTC BB:NCEN.OB - News)
NACEL Energy Corporation is a rapidly growing wind power generation company developing clean, renewable energy for America. NACEL Energy is among the first in the nation to develop advantageous utility class wind power generation projects with a sustainable footprint of 20-megawatts and the participation of local partners. With its expanding pipeline of wind projects, NACEL Energy is on track to develop 80-megawatts of new energy to power 25,000 U.S. homes by 2010. NACEL Energy was founded in 2006 and is headquartered in Cody, Wyoming.
For more information visit our website http://www.nacelenergy.com/
NACEL Energy
The WIND POWER COMPANY™
Notice regarding Forward-Looking Statements
Statements in this press release relating to NACEL Energy's plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in NACEL Energy's business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Matters discussed in today's news release, including, without limitation; the belief that the business assumptions underlying the statement "the Company will develop the 20-megawatt Channing Flats wind energy project" and such a project is "consistent with the Company's primary goal of achieving 80-megawatts of new wind power generation capacity over a 36 month period," are reasonable, and all other such similar statements of belief, are forward-looking statements that involve a number of risks and uncertainties. The actual future results of NACEL Energy could differ from these statements. Factors that could cause or contribute to such differences include, but are not limited to, the ability of NACEL Energy to acquire the capital necessary to fund its wind energy development plans; the ability of NACEL Energy's management to successfully execute partnership agreements with local wind energy developers; the ability of NACEL Energy to generate its projected internal rate of return from the wind energy projects it develops; and other additional factors discussed in "Risk Factors" and other sections of NACEL Energy's Securities and Exchange Commission filings available at http://www.sec.gov/. Although NACEL Energy believes that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements and NACEL Energy accepts no obligation to update these forward-looking statements.
Contact:
Contact:
NACEL Energy Investor Services
1-888-242-5848
Source: NACEL Energy Corporation
For an in-depth analyst report, please visit: http://www.smallcapstockanalyst.com/
Halcyon Jets Holdings, Inc.
(OTC BB:HJHO)
Current Price (0.51)
http://www.smallcapstockanalyst.com/
NEW YORK--March 31--Halcyon Jets Holdings, Inc., or "Halcyon" (OTC Bulletin Board: HJHO - News), operating through its wholly owned subsidiary Halcyon Jets Inc., a leading broker for on-demand charter aircraft services, announced today record unaudited revenue for the months of January and February, 2008. The Company generated revenue of approximately $6.1 million for the period, the highest revenue for a two-month period since its inception approximately one year ago. Revenue was driven by strong demand for corporate jet travel and increasing success of the Company’s marketing initiatives. Halcyon previously announced that it generated net revenue of $4.7 million (unaudited) for November and December 2007. The Company has continued its rapid growth in March, which is expected to be the largest revenue month since its inception. Halcyon provides luxury private transport by connecting travelers with independently owned and operated executive aircraft. Halcyon provides its customers with convenient, comfortable, luxurious, and safe private jet travel by matching customers' flight requirements with Part 135 general aviation aircraft operators. Halcyon's jet brokerage clients have access to an extensive network of private jet charter services for every size of aircraft.
IntelGenx Technologies Corp.
(OTC BB: IGXT.OB)
Current Price (0.93)
http://www.smallcapstockanalyst.com/
SAINT LAURENT, QUEBEC----Mar 28, 2008 -- IntelGenx Technologies Corp. (the "Company") (OTC BB:IGXT.OB - News) announced today that it has closed a private placement of 4,001,000 Units ("Units") at a price of US $0.70 per unit for gross proceeds of USD$2.8 million (the "Offering"). Each Unit consists of a common share ("Common Share") of the Company and one common share purchase warrant ("Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share at a price of US$ 1.02 ("Exercise Price") for a period ending 24 months after today. The proceeds of the private placement will be used to support the Company's strategic development projects and for working capital. The private placement was conducted in accordance with available exemptions from the United States Securities Act of 1933, as amended. IntelGenx Technologies Corp. is a drug delivery company focused on the development of oral controlled-release products as well as novel rapidly disintegrating delivery systems. The company uses its unique multiple layer delivery system to provide zero-order release of active drugs in the gastro-intestinal tract. IntelGenx has also developed novel delivery technologies for the rapid delivery of pharmaceutically active substances in the oral cavity based on its experience with rapidly disintegrating films. The company's research and development pipeline includes products for the treatment of osteoarthritis, pain management, hypertension, and smoking cessation.
Intertape Polymer Group Inc.
(NYSE: ITP)
Current Price (2.37)
http://www.smallcapstockanalyst.com/
MONTREAL, QUEBEC and BRADENTON, FLORIDA--March 31--Mar 28, 2008 -- Intertape Polymer Group Inc. (Toronto:ITP.TO - News)(NYSE:ITP - News) ("Intertape" or the "Company") today released results for the fourth quarter and full year ended December 31, 2007. All dollar amounts are US denominated unless otherwise indicated. Intertape Polymer Group is a recognized leader in the development and manufacture of specialized polyolefin plastic and paper based packaging products and complementary packaging systems for industrial and retail use. Headquartered in Montreal, Quebec and Sarasota/Bradenton, Florida, the Company employs approximately 2,100 employees with operations in 17 locations, including 13 manufacturing facilities in North America and one in Europe.
World Fuel Services Corporation
(NYSE: INT)
Current Price (28.07)
http://www.smallcapstockanalyst.com/
MIAMI--March 31--World Fuel Services Corporation (NYSE:INT - News) announced today that its wholly-owned subsidiary, World Fuel Services, Inc., has signed a definitive agreement to acquire select assets of Texor Petroleum Company (“Texor”), including the assets comprising Texor’s wholesale motor fuel distribution business, for a purchase price of approximately $104 million. Texor is a leading independent distributor of branded gasoline and diesel fuel in the Chicago area. The purchase price will be principally funded through the company’s $475 million bank credit facility. Headquartered in Miami, Florida, World Fuel Services Corporation is a global leader in the marketing and sale of marine, aviation and land fuel products and related services. World Fuel Services provides fuel and related services at more than 2,500 airports, seaports and tanker truck loading terminals worldwide. With 43 offices (including satellite offices) strategically located throughout the world, World Fuel Services offers its customers a value-added outsource service for the supply, quality control, logistical support and price risk management of marine, aviation and land fuel.
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