PASADENA, Calif.--(BUSINESS WIRE)-- The historic Rose Bowl and Steve Clarkson's DREAMMAKER, LLC have partnered together in a joint deal to display the billboard of the Steve Clarkson Dreammaker logo for the quarterback athletic development company. The signage debuted at the televised Washington vs U.C.L.A. football game this week, and will be part of the Dreammaker 2010 nationwide tour, which will launch at the Rose Bowl the weekend of February 26. The joint deal was culminated between the Rose Bowl's General Manager Darryl Dunn and Premier Partnerships' COO Jeff Marks on behalf of Clarkson this past summer. The construction of the sign was developed by the Ultimate Activation Company headed by President and CEO Kevin Elliott.
The signage, displayed at the North End, ties in with the 2009-2010 upcoming activities at the Bowl -- the remainder of the U.C.L.A. football season; New Year's January 1 Rose Bowl game; and the BCS National Championship game on January 7. This joint venture will also be part of the overall campaign of future Dreammaker charitable endeavors for 2010.
"We're very excited about our new association with Steve Clarkson Dreammaker, LLC and are very pleased to be associated with the Clarkson name, who for the past 20 years has been developing great young student athletes," stated Dunn. Adds Marks, "We're very proud and honored to have arranged this first-ever deal with the Rose Bowl, in uniting Steve Clarkson's company with the famous venue."
"This is another giant step in the building and branding of the Dreammaker entity," says Clarkson. "It's a stepping stone to the new 2010 tour, and we look forward to future activities with the Bowl."
Considered by NFL, collegiate and high school quarterbacks to be one of the most influential quarterback developers in the sport, Clarkson has trained such NFL athletes as Ben Roethlisberger, Matt Leinart, Matt Cassell and Josh Freeman. His current college quarterbacks include Matt Barkley (USC); Jimmy Clausen (Notre Dame); Terrell Pryor (Ohio State); Jake Locker (University of Washington), amongst others.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6097977&lang=en
Source: DREAMMAKER, LLC
SARATOGA SPRINGS, NY -- (MARKET WIRE) -- 11/11/09 -- Espey Mfg. & Electronics Corp. (NYSE Amex: ESP) reports results for the first three months of fiscal year 2010.
Net sales for the first quarter of fiscal 2010, July 1 to September 30, 2009, increased 13.6% to $6,874,940, compared with last year's first quarter net sales of $6,053,519. Net income for the period rose substantially to $992,763, $.47 per diluted share, as compared with net income of $398,296, $.19 per diluted share for the same period last year.
New sales orders in the first quarter of fiscal 2010 decreased to approximately $4.8 million, compared with $5.5 million in the first quarter of fiscal 2009. The sales order backlog for the Company was at $37 million on September 30, 2009, a decrease of $7.2 million, compared with last year's sales order backlog of $44.2 million on September 30, 2008.
Mr. Howard Pinsley, CEO, commented, "We expect the first quarter success to continue in the future. Our outlook for new business remains strong. We are very confident going forward."
Espey's primary business is the development, design, and production of specialized military and industrial power supplies/electronic equipment. The Company's web site can be found on the Internet at www.espey.com.
This press release may contain certain statements that are "forward-looking statements" and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company's current expectations or beliefs concerning future events. The matters covered by these statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.
Espey Mfg. & Electronics Corp. comparative unaudited three-month period
ended September 30, 2009 and 2008.
Three Months
2009 2008
---------- ----------
Sales: $6,874,940 $6,053,519
Net Income: 992,763 398,296
Income per share:
Basic .47 .19
Diluted .47 .19
Weighted average number of
Shares outstanding:
Basic 2,116,984 2,102,306
Diluted 2,118,848 2,116,039
For further information, contact Mr. David O'Neil or Mr. Howard Pinsley (518) 245-4400
CALGARY, ALBERTA--(Marketwire - Nov. 11, 2009) - Shear Minerals Ltd. (TSX VENTURE: SRM) ("Shear" or the "Corporation") is pleased to announce that it has settled a total of $253,098.72 of trade payables through the issuance of 3,893,826 Common Shares of the Corporation at a deemed price of $0.065 per share (this includes the amount as per press release dated September 28, 2009).
The issuance of common shares in the capital of the Corporation will not result in a change of control; is pursuant to exemptions from prospectus and registration requirements; and is subject to a 4 month restricted period. This transaction is subject to the receipt of regulatory approval.
About Shear Minerals:
Shear is a Canadian-based exploration company focused on diamond exploration in the Canadian North, where it explores in established diamond districts and has discovered new ones. Shear currently has a portfolio of eight diamond projects, seven of which are drill-ready. Shear has advanced its flagship Churchill Diamond Project from a conceptual idea to an expanding diamond district hosting 88 kimberlites in the Kivalliq region of Nunavut.
Shear's main Churchill Diamond Project and Chesterfield Inlet Diamond Project is owned approximately 62.3% by Shear and 37.7% by Stornoway Diamond Corp. and is comprised of the diamond rights to more than 760,000 acres located near the communities of Rankin Inlet and Chesterfield Inlet in the Kivalliq region of Nunavut. At Churchill work is presently focused on continued exploration of new promising indicator mineral trains and geophysical anomalies as well as the evaluation of a system of significantly diamond-bearing, vertically-emplaced kimberlite dykes that have returned sample grades of up to 2.18 carats per tonne. The 2009 field program is under the supervision of Pamela Strand, P. Geol., a Qualified Person under NI 43-101, who has reviewed and approved the contents of this news release.
On behalf of the Board SHEAR MINERALS LTD.
Pamela Strand, P. Geol., President
This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding potential mineralization, exploration results, resource or reserve estimates, anticipated production or results, sales, revenues, costs, "best-efforts" financings or discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in Company documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. The Company disclaims any intention or obligation to revise or update such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Shear Minerals Ltd.
Pamela Strand
President
(780) 435-0045 or Toll Free: 1-866-298-9695
www.shearminerals.com
Source: Shear Minerals Ltd.
Executive with 30+ Years Senior Management Experience Helps Company Deliver Certified-Organic, Fair Trade Fresh Foods and Build Marketplace Momentum
SALINAS, Ca.--(BUSINESS WIRE)-- The Board of Directors of Organic Alliance, Inc. (Pink Sheets: ORGC), announced today that President and Chief Operating Officer Parker Booth has been promoted to Chief Executive Officer effective December 1, 2009. Booth, age 54, will continue to serve as president of the company.
Tom Morrison, who previously served as Chairman and Chief Executive Officer, will remain Chairman of the Board and continue to be actively involved in the company. Organic Alliance, Inc., is a provider of best quality, fair trade certified-organic and conventional fresh foods in the global marketplace.
"In his tenure as President and COO, Parker has made very significant contributions to the company's business development and structure," said Morrison. "Parker has established excellent grower relationships, a superb network of expert growers, packers and shippers and has built a strong operating team for our new company." According to Morrison, since joining Organic Alliance, Inc., Booth has been instrumental in delivering growth and profitability by creating new business strategies and a strong foundation for continuing success. "Parker has taken an emerging company from zero revenue to a current running rate of over $1M in monthly sales revenue in just five short months, achieving this milestone despite having to operate in one of the toughest economies since the 1930's," Morrison said. "He has built an exceptional sales and marketing team that consistently meets and exceeds their goals, and we are confident this growth rate will continue into 2010."
In his current position, Booth has not only built the company's international grower alliance but has also advanced the organization's commitment to establishing a stable, year-round supply of organic and fair trade fresh foods. "Parker has opened up a vibrant European Division that we believe offers Organic Alliance significant growth opportunities in 2010 while continuing to expand our base business in the U.S. marketplace," said Morrison.
With multiple and expanding growing locations, products and scope of business, Organic Alliance is differentiated not only by how the company grows and markets fresh produce but also by the way it does business -- through close alliances with customers and growers, with connectivity to the earth and through partnerships based on shared interests in meeting demand for the highest quality fresh foods. "The world marketplace is ever-changing, and Organic Alliance is poised to evolve with it," said Booth. "We are agile, forward-looking and well-positioned to capitalize on the trends and economic forces that will shape our business and industry in the future."
About Organic Alliance
Organic Alliance, Inc., brings together a unique alliance of respected growers, packers and shippers from around the world in order to source, market and distribute best-quality certified-organic and conventional food products that are fairly traded and fairly priced. Crops are grown, packed and shipped under Organic Alliance supervision using advanced quality, food safety and sustainable agriculture practices. The company's Approved Origins(TM) Program delivers not only on-demand traceability but transparency in all business-critical practices, including leading-edge processes, continuous improvement and workforce fairness. To find out more about Organic Alliance products, contact the company at 831-240-0295 or visit www.organicallianceinc.com.
Source: Organic Alliance, Inc.
ARLINGTON, Texas, Nov. 11 /PRNewswire/ -- Retail electric provider Texas Power has recently made its first donation to Wounded Warrior Project, a nonprofit organization whose mission is to honor and empower wounded warriors. Upon introducing its discounted electric rate plan dubbed "The Patriot Plan", Texas Power agreed to make a donation for every account enrolled under this plan. To date, Texas Power has raised over $4,500 for the cause. Jim Simmons, a former Lieutenant Colonel in the Air Force and current VP of Sales with Texas Power exhibits great pride for the involvement in such a program. Says Simmons, "Texas Power is very proud to represent our customers and employees through contributions to Wounded Warrior Project, celebrating the sacrifice and service of these brave Americans. Our wounded combat veterans embody the concept of service before self. These brave men & women are the very best of what makes our great nation the envy of the world."
(Logo: http://www.newscom.com/cgi-bin/prnh/20080603/LATU075LOGO)
Texas Power introduced their Patriot Plan in May of 2009 to assist active and veteran service people alike. The plan is modeled to fit the needs of military personnel and offers special benefits to the individuals that qualify including discounted electric rates, no deposit required for active personnel and a waived termination fee for individuals receiving orders of relocation. For every enrollment of 6 or 12 months under this plan, Texas Power will make a donation to Wounded Warrior Project.
About Wounded Warrior Project:
The mission of Wounded Warrior Project is to honor and empower wounded warriors. Its purpose is to raise awareness and to enlist the public's aid for the needs of severely injured service members, to help severely injured men and women aid and assist each other, and to provide unique, direct programs and services to meet their needs. To get involved and learn more, visit www.woundedwarriorproject.org.
About Texas Power:
Texas Power is a Texas owned and operated Retail Electric Provider located in the heart of the DFW Metroplex. Texas Power is committed to excellence in service and product, offering both residential and commercial electricity. For more information, visit www.TexasPowerOnline.com or call 1-866-SHINE-ON.
SOURCE Texas Power
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