Merger Finalized GLCC and Wandiantong Trade Co. Ltd. Q Mart
BEIJING, Dec. 3 /PRNewswire-FirstCall/ - Good Life China Corp. (GLCC; www.goodlifechina.com) further to the company filings of December 2 namely appointment of new officers and Directors', together with a news release of November 3, 2009, where amongst other things GLCC announced it is targeting a merger with one of two companies namely a Chinese agricultural company, or a China based retail convenience chain operator.
The company is pleased to announce that it has finalized a merger with a China Based Convenience Store Chain Operator Wandiantong Trade Co. Ltd. D.B.A "Q Mart" www.qmartcorporation.com (English Site) and http://www.wandiantong.com (China Site).
The board of GLCC scrutinized the Wandiantong Trade Co. Ltd.'s accomplishments of the past few years in the retail sector and decided that a merger with this strong retailer offers the best prospects for GLCC's growth and increase of shareholder value.
With the head office in Shenzhen, the Wandiantong Trade Co. Ltd. (www.qmartcorporation.com; www.wandiantong.com) operates several hundred convenience stores under the brand name "Q-Mart" in Southern China. The company is a part of a larger conglomerate which focuses on logistics, franchising, supply chain management and similar retail based services.
The merger of GLCC and Wandiantong Trade Co. Ltd. will not disturb the existing share structure. QMart is acquiring the control block or all of the common and preferred shares of Haorizi Trade Company, the current operating subsidiary of GLCC on all cash basis.
As part of its internal restructuring, GLCC commenced the process of appointing new officers and directors, including the appointment of the new CEO Mr. Zhidong He and new CFO Mr. Jing Wang. See filings Pink Sheets Dec 2 2009. The new GLCC management, acknowledges the hard work, input and assistance of Mr. Garr Winters, GLCC' Prior officer - Director and Advisor who originally introduced QMart while an officer and was pivotal in the merger assistance to GLCC. Mr. Winters received no compensation for his involvement. Other company plans include a name change and write down, write off or sale of any non-performing assets of GLCC.
The company will shortly update other filings with Pink Sheets of this transaction.
To receive future updates, via email including quarterly newsletters and company updates which may not be newsworthy however important to the reader and followers of the company please sign up today free at www.minamargroup.com/updates
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Good Life China Corp. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Good Life China Corp. cautions you that any forward-looking information provided by or on behalf of Good Life China Corp. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Good Life China Corp.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Good Life China Corp.'s control. In addition to those discussed in Good Life China Corp.'s press releases, public filings, and statements by Good Life China Corp.'s management, including, but not limited to, Good Life China Corp.'s estimate of the sufficiency of its existing capital resources, Good Life China Corp.'s ability to raise additional capital to fund future operations, Good Life China Corp.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Good Life China Corp.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Good Life China Corp. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, www.minamargroup.net (IR); For (M&A) and Corporate Matters, www.minamargroup.com
SOURCE Good Life China Corporation
ROSEMONT, Ill., Dec. 3 /PRNewswire/ -- U.S. Foodservice, one of the nation's premier foodservice distributors, today announced a new Web site www.usfoodteamwork.com. The site provides important information to employees and other stakeholders about the high-quality jobs and positive working environment the company provides in its drive to help its customers win. The site provides information about above-market wages, benefits, and the values-based culture characterized by a direct relationship between employees and managers.
"U.S. Foodservice is dedicated to providing our employees with an inclusive, values-based culture where teamwork thrives and performance is rewarded," said Dave Esler, chief human resources officer, U.S. Foodservice. "We strive to be the best place to work in the food service industry."
As the title suggests, the site promotes the collaborative environment present at U.S. Foodservice. In addition to discussing the innovative and challenging jobs available at U.S. Foodservice, the site contains information about the company's commitment to the community through its national and local support of Feeding America, the nation's largest food bank. The site also provides access to news stories, company news releases and employee publications.
About U.S. Foodservice
U.S. Foodservice is one of the country's premier foodservice distributors, offering more than 43,000 national, private label and signature brand items and an array of services to its more than 250,000 customers. The company proudly employs 26,000 associates in more than 60 locations nationwide who are poised to serve customers beyond their expectations. As an industry leader, with access to resources beyond the ordinary, U.S. Foodservice provides the finest quality food and related products to neighborhood restaurants, hospitals, schools, colleges and universities, hotels, government entities and other eating establishments. To find out how U.S. Foodservice can be Your partner beyond the plate®, visit www.usfoodservice.com.
SOURCE U.S. Foodservice
WASHINGTON, Dec. 3 /PRNewswire-USNewswire/ -- The following is being released by Common Cause and Public Campaign:
U.S. Senate Judiciary Committee Chairman Patrick Leahy (D-Vt.) is offering an amendment to the health care reform bill that would repeal the health insurance industry's legal exemptions for violations such as price fixing, bid rigging and market allocation. The insurance industry fiercely opposes the repeal, which would subject health insurance companies to the same federal antitrust laws that already apply to most other businesses.
According to data from the Center for Responsive Politics, health insurance companies have donated $17.5 million - an average of $176,574 per U.S. senator - since 1989 to current members of the Senate, who will likely vote on the amendment in the coming days.
Senator Ben Nelson (D-Neb.), who has received $536,846 from health insurance companies, has reportedly moved to block the amendment from inclusion in the Senate bill. He is one of 30 Senators who have received at least $200,000 from this industry since 1989.
The vote for continued legal immunity for health insurance companies will test the free market principles espoused by many Senators, as the existing antitrust exemptions for health insurance and medical malpractice insurance companies amounts to an unfair advantage for these companies. The free market principle assumes companies operate under the same rules.
"This is yet another example in the health care reform debate where the health insurance industry is hoping its $17.5 million investment in the U.S. Senate pays off," said Bob Edgar, president of Common Cause. "If we want policies that are truly in the public's interest - like this proposal to repeal legal protections for the health insurance industry - we need to take the special interests out of the business of funding political campaigns."
"The debate over this amendment and the influence of the health insurance industry shows that we need to dramatically alter the way campaigns are financed in this country," said Nick Nyhart, president and CEO of Public Campaign. "It's time to pass the Fair Elections Now Act."
Health Insurance Contributions to Members of the 111th
Congress, 1989-2009
------------------------------------------------------
Senator State Total
------- ----- -----
Dodd, Chris* CT $774,491
------------ --- --------
McCain, John AZ $736,884
------------ --- --------
Kerry, John MA $687,434
----------- --- --------
Baucus, Max MT $675,349
----------- --- --------
Nelson, Ben NE $536,846
----------- --- --------
McConnell, Mitch KY $523,877
---------------- --- --------
Grassley, Chuck IA $493,149
--------------- --- --------
Ensign, John NV $487,815
------------ --- --------
Bayh, Evan IN $471,338
---------- --- --------
Lieberman, Joe CT $448,066
-------------- --- --------
Hatch, Orrin G UT $393,380
-------------- --- --------
Reid, Harry NV $388,350
----------- --- --------
Specter, Arlen* PA $382,228
--------------- --- --------
Kyl, Jon AZ $360,968
-------- --- --------
Conrad, Kent ND $340,580
------------ --- --------
Shelby, Richard C AL $331,450
----------------- --- --------
Chambliss, Saxby GA $322,023
---------------- --- --------
Schumer, Charles E NY $316,200
------------------ --- --------
Collins, Susan M ME $305,330
---------------- --- --------
Burr, Richard NC $280,586
------------- --- --------
Bunning, Jim KY $254,437
------------ --- --------
Gregg, Judd NH $247,175
----------- --- --------
Enzi, Mike WY $243,250
---------- --- --------
Carper, Tom DE $239,680
----------- --- --------
Lincoln, Blanche AR $231,050
---------------- --- --------
Cardin, Ben MD $216,264
----------- --- --------
Isakson, Johnny GA $208,900
--------------- --- --------
Menendez, Robert NJ $206,725
---------------- --- --------
Crapo, Mike ID $206,450
----------- --- --------
Stabenow, Debbie MI $200,050
---------------- --- --------
Sessions, Jeff AL $196,537
-------------- --- --------
Alexander, Lamar TN $195,150
---------------- --- --------
Bennett, Robert F UT $192,505
----------------- --- --------
Feinstein, Dianne CA $183,660
----------------- --- --------
Johnson, Tim SD $175,950
------------ --- --------
Reed, Jack RI $170,400
---------- --- --------
Harkin, Tom IA $168,556
----------- --- --------
Durbin, Dick* IL $164,300
------------- --- --------
Landrieu, Mary L LA $162,158
---------------- --- --------
Dorgan, Byron L ND $161,350
--------------- --- --------
Wyden, Ron OR $158,250
---------- --- --------
Warner, Mark VA $154,500
------------ --- --------
Levin, Carl MI $153,156
----------- --- --------
Lugar, Richard G IN $152,663
---------------- --- --------
Rockefeller, Jay WV $147,824
---------------- --- --------
Graham, Lindsey SC $146,773
--------------- --- --------
Thune, John SD $144,216
----------- --- --------
Voinovich, George V OH $143,340
------------------- --- --------
Nelson, Bill FL $140,462
------------ --- --------
Inhofe, James M OK $140,204
--------------- --- --------
Bond, Christopher "Kit" MO $140,150
----------------------- --- --------
Snowe, Olympia J ME $134,486
---------------- --- --------
Hutchison, Kay Bailey TX $132,700
--------------------- --- --------
DeMint, James W SC $131,710
--------------- --- --------
Cornyn, John TX $128,675
------------ --- --------
Roberts, Pat KS $126,600
------------ --- --------
Murray, Patty WA $126,450
------------- --- --------
Udall, Mark CO $108,650
----------- --- --------
Corker, Bob TN $108,125
----------- --- --------
Boxer, Barbara* CA $107,570
--------------- --- --------
Mikulski, Barbara A MD $86,950
------------------- --- -------
Murkowski, Lisa AK $86,450
--------------- --- -------
Klobuchar, Amy MN $84,700
-------------- --- -------
Lautenberg, Frank R NJ $81,800
------------------- --- -------
Brown, Sherrod OH $75,100
-------------- --- -------
Bingaman, Jeff NM $72,207
-------------- --- -------
Brownback, Sam KS $69,800
-------------- --- -------
Feingold, Russ WI $69,159
-------------- --- -------
Wicker, Roger MS $67,600
------------- --- -------
Cochran, Thad MS $67,000
------------- --- -------
Pryor, Mark AR $67,000
----------- --- -------
Casey, Bob PA $61,537
---------- --- -------
Barrasso, John A WY $46,750
---------------- --- -------
Johanns, Michael O NE $43,300
------------------ --- -------
Coburn, Tom OK $40,458
----------- --- -------
Franken, Al MN $36,750
----------- --- -------
Cantwell, Maria WA $34,925
--------------- --- -------
McCaskill, Claire MO $34,800
----------------- --- -------
Udall, Tom NM $32,600
---------- --- -------
Gillibrand, Kirsten* NY $31,900
-------------------- --- -------
Vitter, David LA $31,108
------------- --- -------
Hagan, Kay R NC $28,600
------------ --- -------
Leahy, Patrick VT $27,300
-------------- --- -------
Inouye, Daniel K HI $27,200
---------------- --- -------
Shaheen, Jeanne NH $22,700
--------------- --- -------
Tester, Jon MT $22,150
----------- --- -------
Risch, James E ID $21,250
-------------- --- -------
Whitehouse, Sheldon RI $20,350
------------------- --- -------
Begich, Mark AK $16,800
------------ --- -------
Byrd, Robert C WV $15,625
-------------- --- -------
Akaka, Daniel K HI $14,030
--------------- --- -------
Merkley, Jeff OR $11,750
------------- --- -------
Webb, James VA $10,750
----------- --- -------
Bennet, Michael F CO $7,000
----------------- --- ------
Sanders, Bernie VT $6,050
--------------- --- ------
Burris, Roland IL $0
-------------- --- ---
Kohl, Herb WI $0
---------- --- ---
Total $17,480,844
----- -----------
Source: Center for Responsive Politics
(www.opensecrets.org)
--------------------------------------
Note: The health insurance totals include HMOs and health
services and health and accident insurers.
---------------------------------------------------------
* Indicates that the Senator is a cosponsor of the Fair
Elections Now Act, S. 752.
-------------------------------------------------------
SOURCE Common Cause and Public Campaign
GIVAT SHMUEL, Israel, Dec. 3 /PRNewswire/ -- DSIT Solutions Ltd., a subsidiary of Acorn Energy Inc. (Nasdaq: ACFN), announced today the successful completion and delivery of Stage I (out of two stages) of the Dolphin Submarine Tactical Trainer project for the Israeli Navy. The project, which was awarded to DSIT in June, 2007, following an international tender, called for the simulation of all sonar and weapons systems on board the submarine. The simulator allows the Dolphin tactical team of officers and operators to practice on shore in an environment that duplicates that of an actual submarine at sea.
"Based on this successful project and the valuable assets, knowledge and experience it has afforded us, we plan to market similar systems, as well as derivatives of simulators, to fleets around the world," said Dan Ben-Dov, DSIT's VP Sales and Marketing. "Our history of successful projects with the Israeli Navy is continuing with this delivery of the first stage of the Dolphin submarine trainer. This combat simulator joins a growing family of advanced sonar and acoustic projects that DSIT has completed for the Navy including the supply of a mobile acoustic range, sonar simulators, the Hull Mounted Sonar (HMS) system for the Israeli Navy's Sa'ar 5 missile corvettes, and more."
Benny Sela, DSIT's CEO, commented on those involved in the project, "This project represents state of the art sonar and acoustic simulation and training technology; and we are very proud of our excellent development team. They have worked hard and well to finalize this important operational stage of the project to the complete satisfaction of the Israeli Navy. The team's accomplishment signifies the very high level of technological knowledge and experience that have been invested, and we are gratified by the warm reception that this phase of the project has received from the customer. DSIT is in a unique position to supply additional navies with highly advanced submarine simulators at very affordable prices."
Work on the final Dolphin Project stage is well underway and expected to reach completion in 10 months. This final phase will bring the submarine tactical trainer to a state of full representation of the entire spectrum of submarine weapon systems, sensors, and C&C systems, as they are on the actual Dolphin submarines.
About DSIT
DSIT develops sonar and acoustic solutions and acts as a system integrator for advanced Security and Safety Command and Control systems. The Company's offerings are designed to provide the latest in technology and its intelligent application for the energy, commercial, defense and homeland security markets. The Company's offerings include: PortView Harbor Surveillance System (HSS), AquaShield(TM) Diver Detection Sonar (DDS), Sonar Simulators and Trainers, Mobile Acoustic Ranges (MAR), and Underwater Acoustic Signal Analysis (UASA) systems. For more information visit www.dsit.co.il
About Acorn Energy, Inc.
Acorn Energy, Inc. is a publicly traded holding company focused on improving the efficiency and environmental impact of the energy infrastructure, fossil fuel and nuclear industries. Our operating companies leverage advanced technologies to transform the existing energy infrastructure. Acorn's strategy is to take primarily controlling positions in companies led by great entrepreneurs and add value by supporting those companies with marketing, strategy and business development. Acorn Energy is a global company with equity interests in CoaLogix, Coreworx, DSIT and GridSense. For more information visit www.acornenergy.com.
CONTACTS -------- Dr. Brandy Ben-Yosef Marketing & Business Development Manager DSIT Solutions Ltd. +972 3 531 3333 marketing@dsit.co.il Investor Contact: Paul Henning Cameron Associates (212) 245-8800 Paul@cameronassoc.com
SOURCE DSIT Solutions Ltd.
Online magazine www.suite101.com launches a fresh and modern website redesign to highlight the professional stature of their freelance writing community.
VANCOUVER, Dec. 3 /PRNewswire/ - Online magazine Suite101 (www.suite101.com), has launched a fresh modern website redesign today in response to direct requests from the freelance writing community and feedback from online readers.
Suite101.com, which was recently named one of the ten fastest growing websites for U.S. visitors, is rapidly becoming one of the most respected curators of original content. The redesign of www.suite101.com was guided by the principle that good design should highlight Suite101 writers and their work.
"The state of online publishing has evolved rapidly over the last few years. Suite101 has grown enormously as a community and as a business," said Peter Berger, President and CEO of Suite101.com Media Inc. "Expectations from readers and writers have risen accordingly. We decided to evolve our layout and design to match our reputation as one of the most respected expert advice or 'how-to' sites in the business."
The development team for www.suite101.com reviewed input from more than 500 writers and editors around the world over the course of several months. Feedback tools and surveys were used in combination with exhaustive analysis based on hard metrics. Significant changes to www.suite101.com include the following:
1) Creating a new homepage to showcase professional writers and high
quality content.
2) Redesigning the www.suite101.com article page to increase readers'
attention on article text and graphics.
3) Reducing visual clutter throughout the site to make reading articles
easier, more enjoyable.
4) Upgrading images to an easier-to-view rectangular format to make it
more appealing for readers.
5) Modifying site navigation so it's more helpful for people searching
for specific writers and articles.
6) Creating a new page framework to help writers earn more revenue
through increased monetization opportunities.
7) Launching a new brand image to better communicate www.suite101.com's
mission to create opportunities for writers.
Early testing shows major improvements in site navigation and time spent by readers on the site. This enhanced engagement with readers serves Suite101 writers by increasing page views and potential advertising revenues. The new design also makes possible the introduction of new display options and advertising installations, which will directly benefit the writing community by multiplying their revenue streams.
By presenting articles in a modern, professional context, Suite101 aims to elevate their writers' status as authoritative experts while increasing the level of trust among readers. Suite101 is accepted as a legitimate source of high quality information. The site redesign reflects this by adopting a clear, modern, straightforward design interface.
As part of launching a fresh new look, www.suite101.com will be searching for a fresh new tagline to go with it. Details about a crowd-sourced tagline contest will be released shortly on www.suite101.com.
More About Suite101.com
Suite101.com is known in the online writing world as a respected site where freelance writers and journalists, as well as home-based experts, write and publish short fact-based articles. Suite101 features 20 sections such as Business & Finance, Film & TV, Health & Wellness, Travel, and Food & Drink. New articles are posted daily and advertising revenue is shared with writers. This "dividend" or royalty style payment happens each month even if a writer adds no new articles. In July 2009, a 29 year-old part-time Suite101 writer set a monthly earnings record of $5,000 from her articles on www.suite101.com.
About Suite101.com Media Inc.
Suite101 is considered one of the most respected curators of original content. This takes the form of great articles posted by 8,000-plus writers on Suite101's four sites: www.Suite101.com, www.Suite101.de, www.Suite101.fr, and www.Suite101.net. www.Suite101.com Media Inc. is a private Canadian company based in Vancouver, British Columbia with offices in Berlin, Madrid and Paris. It has been a successful consumer internet operation for over thirteen years and has an international full-time staff of 30 with 40 editors working around the world. The company is co-owned by Burda Digital Ventures of Munich and Vancouver-based Internet entrepreneur Dr. Boris Wertz of W Media Ventures.
Over 24 million people visit Suite101 sites each month. The North American site www.suite101.com ranks 79th in the Quantcast Top 100 sites list and was recently named to the top ten sites list (U.S. traffic growth) by comScore Media Metrix.
SOURCE Suite101 Media
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