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SWVC Releases Acquisition Update
Seaway Valley Capital Corporation Releases Acquisition Update
Friday September 21, 11:17 am ET
NEW YORK--(BUSINESS WIRE)--Seaway Valley Capital Corporation (OTC Bulletin Board: SWVC - News) chairman and chief executive officer, Thomas W. Scozzafava, issued the following update to its shareholders today:
Dear Shareholders:
I am pleased to update you on the progress of WiseBuys Stores, Inc. ("WiseBuys"), including its pending acquisition of Patrick Hackett Hardware Company ("Hacketts").
We are pleased to announce that WiseBuys Stores, Inc. ("WiseBuys") has again retained the services of Dannible & McKee, LLP to complete the audits of Patrick Hacketts Hardware Company ("Hacketts"), which shall initiate its audits on Monday September 24th. The May 24, 2007 acquisition agreement between WiseBuys and Hacketts was amended in September to include the completion of the audited financials as a contingency since WiseBuys will be 100% owned by its public parent, Seaway Valley Capital Corporation, at the time of the WiseBuys-Hacketts closing.
I am pleased to be able to update you on these events, and I shall continue to update you with further developments.
About Seaway Valley Capital Corporation
Seaway Valley Capital Corporation was formed in 2002 and makes equity, equity-related, and debt investments in companies that require expansion capital and in companies pursuing acquisition strategies. Seaway also seeks investments in leveraged buyouts and restructurings. Seaway will consider investment opportunities in a number of different industries, including retail, restaurants, media, business services, and manufacturing, and Seaway will also consider select technology investments.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of the Company, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Contact:
Seaway Valley Capital Corporation
contact@seawaycapital.com
http://www.seawaycapital.com
or
Investor Relations:
CEOcast, Inc.
Andrew Hellman, 212-732-4300
ETIM Welcomes Author The Funeral Planner
ETIM Eternal Image Welcomes Author of “The Funeral Planner” to Club EI: The Eternal Image NFDA Trade Show Exhibit
Lynn Isenberg To Sign and Hand out Her Latest Seller; “The Funeral Planner”
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Eternal Image, Inc. (OTC:ETIM.PK), a public company engaged in the design, manufacturing and marketing of brand image caskets and urns, today announced the special appearance of author Lynn Isenberg to the Eternal Image exhibit at the National Funeral Directors’ Association convention and expo in Las Vegas.
Isenberg released her second novel, “The Funeral Planner” in October, 2005. The fictional story is based on a young female entrepreneur who brings life to a dead business by launching Lights Out Enterprises for personalized end of life celebrations. The narrative follows protagonist Maddy Banks as she faces the challenges of accepting love, trusting faith and learning the true meaning behind a celebrated life.
“I think Eternal Image and Lynn Isenberg make the perfect match,” said Clint Mytych, CEO, Eternal Image. “The focus of her novel, “The Funeral Planner” reinforces our company’s mission to personalize the funeral experience.”
The inspiration for “The Funeral Planner” came to Isenberg during her own brother’s funeral as a renowned singer sang a cappella. The story took shape inside Isenberg as she was dealing with the loss of her brother and father. Not only did Lynn produce a novel through her grief, she also brought the novel-inspired business to life at LightsOutEnterprises.com, an event planning and tribute film company for personalized celebrations.
“I am thrilled to join the Eternal Image team at this year’s NFDA convention,” said author Lynn Isenberg. “I think we make a great pair because of our intentions to become innovators in the funeral business. What better place to show off the latest and greatest to the funeral industry than at the NFDA convention and expo.”
Isenberg will be signing copies of “The Funeral Planner” at the Eternal Image booth, #114 at the NFDA Convention in Las Vegas on October 8, 2007 from 3:00 to 4:30pm. On Tuesday, October 9, legendary baseball manager, Sparky Anderson will join Eternal Image for a meet-and-greet from 1:00 to 3:00pm. Attendees can have their picture taken with Sparky and try for their chance to win a signed baseball by donating to Anderson’s children’s charity, CATCH.
About Lynn Isenberg
Isenberg’s book, “The Funeral Planner” is being turned into a one hour television series by Lifetime Television Network. Publisher Red Dress Ink is releasing a franchise series based on the continuing adventures of Maddy Banks. Her new novel-inspired site is TheTributeNetwork.com, an online network devoted to life celebrations videos in partnership with GoTribute.com.
About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and only manufacturer and marketer of licensed brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from big name corporations. For more information about EI, visit http://www.eternalimage.net or call 1-888-6-CASKET.
“Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to 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 inherently 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 doing 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. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contacts
Eternal Image, Inc.
Investor Relations Contact:
Cambridge Investor Relations
Tony Fazio, 781-214-9038
or
Media Relations:
a.s.a.p.r.
Robbie Tarpley Raffish, 410-883-2000
WWAT WorldWater & Solar Technologies
WWAT WorldWater & Solar Technologies Corp. Moving to Larger Corporate Headquarters to
Accommodate Growing U.S. and International Staff
PENNINGTON, N.J., Sep 19, 2007 (PrimeNewswire via COMTEX)—WorldWater & Solar
Technologies Corp. (WWAT), developer and marketer of proprietary high-power solar
systems, announced today it will move from its present corporate headquarters in
Pennington, New Jersey to a new, larger facility located in Ewing, New Jersey.
The new world headquarters, which opens October 1, was customized to house
executive and office staff, and outfitted for the special requirements of its
solar research and development team.
“The growth of our business has been so rapid over the past year that we’ve had
to disperse people to separate buildings. At the same time, we’ve tripled the
number of our engineers and program managers needed to execute current and
near-term large projects in the U.S. and overseas. Now our team will all be
together in one, large, modern building that affords better communication and
interaction among our staff, and yet we still have extra space for further
expansion,” said Quentin T. Kelly, Chairman and CEO. “In addition, we will be
forming joint R&D teams with our associates from EMCORE Solar and ENTECH and
sharing space in the new facilities,” Mr. Kelly said.
Since the new headquarters location is only six miles away from the current
operation, telephone and fax numbers are unchanged.
About WorldWater & Solar Technologies Corp.:
WorldWater & Solar Technologies Corp. (formerly WorldWater & Power Corporation)
is a full-service, international solar electric engineering and water management
company. The Company’s unique, high-powered and patented solar technology can
drive motors and pumps up to 1000 hp to provide solutions for a broad spectrum of
the world’s electricity and water supply problems from sunshine independently or
in conjunction with the electric grid. Other solar technology is limited to five
to seven horsepower. For more information about WorldWater & Solar Technologies
Corp., visit the website at http://www.worldwater.com
The WorldWater & Solar Technologies logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=1629
This news release was distributed by PrimeNewswire, http://www.primenewswire.com
SOURCE: WorldWater & Solar Technologies
WorldWater & Solar Technologies Corp.
Jessie Sullivan
(609) 818-0700 x20
JSullivan@worldwater.com
Mike Breslin Productions LLC
Press:
Mike Breslin
(201) 652-1287
mbrez@aol.com
(C) Copyright 2007 PrimeNewswire, Inc. All rights reserved.
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