Press Releases

TOLEDO, Ohio, Feb. 10, 2012 /PRNewswire/ -- Block Communications, Inc. (the "Company") announced today the results of its previously announced cash tender offer and consent solicitation (the "Tender Offer") with respect to its outstanding 8 1/4% senior notes due 2015 (the "Old Notes").  The Tender Offer was made upon the terms and conditions of the Offer to Purchase and Consent Solicitation Statement dated January 12, 2012.  As previously announced, as of 5:00 p.m. Eastern Time on January 26, 2012 (the "Early Tender Deadline"), $105,694,000.00 aggregate principal amount of Old Notes had been validly tendered and not withdrawn, which represented approximately 70.46% of the outstanding aggregate principal amount of the Old Notes (the "Early Tendered Notes").  On January 26, 2012 (the "Initial Acceptance Date"), the Company accepted for purchase and payment all of the Old Notes that were validly tendered at or prior to the Early Tender Deadline. Payment for the Early Tendered Notes was made on January 27, 2012 (the "Initial Payment Date"). Holders of Early Tendered Notes received $1,030.00 for each $1,000 principal amount of the Early Tendered Notes validly tendered, which included the consent payment of $10.00 per $1,000 principal amount of Old Notes, plus any accrued and unpaid interest up to, but not including, the Initial Payment Date.  Since the Early Tender Deadline, no additional Old Notes have been tendered. 

As previously announced, the Company will redeem all of the Old Notes that were not tendered under the Tender Offer pursuant to its optional redemption rights under the Old Notes and related indenture.

About Block Communications, Inc.

Block Communications, Inc, an Ohio corporation, is a privately held diversified media company with operations in cable television, commercial telecommunications, newspaper publishing and television broadcasting.  The Company owns and operates Buckeye CableSystem, its cable system serving Toledo and Erie County, Ohio. Its cable system is a 870 MHz, hybrid fiber coaxial and two-way interactive system, enabling the Company to offer advanced products such as digital cable, high-speed data, telephony, high-definition television, video on demand and digital video recorder services.  The Company also owns and operates a facilities-based commercial telecommunications business, Buckeye TeleSystem, serving commercial customers primarily in northwest Ohio and southeast Michigan.  In addition, the Company publishes two daily metropolitan newspapers, the Pittsburgh Post-Gazette in Pittsburgh, Pennsylvania and The Blade in Toledo, Ohio, each of which is the dominant newspaper publication in its market.  The Company also owns and operates five full power television broadcast stations and one wide coverage Class A digital television station. These television broadcast stations currently carry eight separate network affiliated channels and one independent channel in: Lima, Ohio; Louisville, Kentucky; Boise, Idaho; and Champaign-Springfield-Decatur, Illinois.

This press release may contain statements that constitute forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors. The Company disclaims any obligation to update the forward-looking statements contained herein.

SOURCE Block Communications, Inc.

CARSON CITY, Nev., Feb. 10, 2012  /PRNewswire/ -- Vidable, Inc. (OTCBB: VIBE) (the "Company"), an online video classified company, announced it has launched its innovative new online classified website in test market format in New York, New York. The site makes online video advertisements more accessible to local businesses and consumers.  This easy-to-use website allows users in New York to add a business directory profile and video or post a classified video to sell a product or service. The Company plans a full launch into major cities in North America in 2012.

"Vidable.com is a local e-commerce marketplace that connects buyers to sellers through posted online videos, commented President Lino Luciani. "The Company is creating a new way for local merchants and consumers to attract buyers and sell goods and services. The site will provide consumers with an economical and unique method to discover what to do, eat, see and buy in the local places they live and work".

"Fully 62% of online 25-34 year olds and 57% of 35-44 year-olds use online classified ads, compared with 49% of online 18-24 year olds and 48% of online 45-54 year olds," commented Luciani . "Video classified ads are a natural progression in the marketplace and we aim to be the innovators and market leaders".

"Few sites offer the kind of functionality, ease-of-use, and mobile applications that Vidable.com will offer after our complete roll-out", added Luciani.

Details about the Company's rollout are available at www.Vidable.info.

About Vidable Inc.

Vidable is establishing a business model that will simplify the e-commerce marketplace that connects buyers and sellers. The company intends to operate a next-generation website that incorporates streaming video and mobile technology and uses various best- of-breed features.  Vidable.com will be a centralized Internet portal that allows consumers to find information about various products and services through businesses and consumers posted videos on a local basis.

Forward-Looking Statements and Safe Harbor Statement:

The information provided herein may include forward-looking statements. These forward-looking statements may be identified by the use of terms and phrases such as "anticipates," "believes," "can," "could," "estimates," "expects," "forecasts," "intends," "anticipates", "may," "plans," "projects," "targets," "will," and similar expressions or variations of these terms and similar phrases. These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Such forward-looking statements include, without limitation, projections about our possible future results, statements about our plans, strategies, business prospects, changes and trends in our business and the markets in which we operate. Additionally, statements concerning future matters such as new business models, new products, product enhancements, new technologies, sales levels, expense levels and other statements regarding matters that are not historical are forward-looking statements. Management cautions that these forward-looking statements relate to future events or our future financial performance and are subject to business, economic, regulatory and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements of our business or our industry to be materially different from those expressed or implied by any forward-looking statements. There is no certainty or assurance that any prospective events referenced as forward-looking statements will be achieved. The Company undertakes no duty to provide updates with respect to matters disclosed in this press release.

CONTACT: Mike McCribbin, +1-775-887-0670

SOURCE Vidable, Inc.

SAN FRANCISCO, Feb. 10, 2012 /PRNewswire/ -- With Valentine's Day fast approaching, many customers will celebrate with helium-filled metallic balloons. Pacific Gas and Electric Company (PG&E) urges customers to securely tie a weight to all metallic balloons containing helium to prevent them from floating away. Metallic balloons that contact overhead power lines can disrupt electric service to an entire neighborhood, cause significant property damage, and potentially result in serious personal injuries.

Last year, metallic balloons that drifted into PG&E power lines caused nearly 300 outages, affecting electric service to more than 150,000 PG&E customers throughout Northern and Central California. In order to significantly reduce such outages, and so everyone can safely enjoy their Valentine's Day, PG&E reminds customers to follow these important safety tips for metallic balloons:

• "Look Up and Live!" Use caution and avoid celebrating with metallic balloons near overhead electric lines.
• Make sure helium-filled metallic balloons are securely tied to a weight that is heavy enough to prevent them from floating away. Never remove the weight!
• When possible, keep metallic balloons indoors. Never release them outside.
• Do not bundle metallic balloons together.
• Never attempt to retrieve any type of balloon, kite, or toy that becomes caught in a power line. Leave it alone and immediately call PG&E at 1-800-743-5000 to report the problem.
• Never go near a power line that has fallen to the ground or is dangling in the air. Always assume downed electric lines are live. Stay far away, keep others away, and immediately call 911 to alert the police and fire departments.

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with 20,000 employees, the company delivers some of the nation's cleanest energy to 15 million people in Northern and Central California. For more information, visit http://www.pge.com/about/newsroom/ and www.pgecurrents.com.

SOURCE PG&E Corporation

RENO, Nev., Feb. 10, 2012 /PRNewswire/ -- Warrior Girl Corp  (Pink Sheets: WRGL) would like to announce that it has acquired Hostwire.com in an all stock transaction in what is the first of several new acquisitions of online properties by WRGL. 

Since 2002, HostWire has provided affordable and reliable web hosting services for individuals and businesses alike.  With a proven track record, experienced team to support clients and the best technologies available, Hostwire clients rest easy knowing that their web presence possesses the best performance, uptime and support.

"These are exciting times for us," said Julian Sula, Principal of Hostwire.com. "Not only does HostWire stand on its own as a business competing with the likes of Go Daddy and HostGator, but it will provide the infrastructure for current and future WRGL online projects."

We are also extending a 50% OFF discount to all new HostWire customers who use coupon code "WRGL".

For more information on HostWire and the range of services it provides, please visit http://www.hostwire.com.

ABOUT WARRIOR GIRL CORP:

Warrior Girl Corp is a holding company for a series of diversified online projects that span B2C operations, financial services, online hosting, web services and social media.  WRGL also acts as an incubator for online start-up businesses, providing expertise and funding to development stage entities in the web arena. New projects are selected which in the view of management have significant upside potential.  http://www.warriorgirlcorp.com

SAFE HARBOR STATEMENT

Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.

SOURCE Warrior Girl Corp