Archive for the ‘Venture Capital News’ Category

Phoenix-Based Company Will Now Retain Xerox Products with the $1.5 billion Acquisition of its Parent Company Global Imaging Solutions

Phoenix, Ariz.—(August 13, 2007)— Arizona Office Technologies, a document imaging provider, announced today that it now operates as a wholly owned subsidiary of Xerox Corporation (NYSE: XRX) and has added Xerox document technology and services to its offerings for customers in Phoenix, Arizona. This follows Xerox’s $1.5 billion acquisition of Global Imaging Systems, Inc., Arizona Office Technologies’ parent company. Read the rest of this entry »

LAST DAY TO APPLY! FOR SELECTION AS A PRESENTING COMPANY

Presenter applications for the December 12-13 conference are due by 5:00 p.m. on Tuesday, August 7, 2007.

Invest Southwest, the successor to the Arizona Venture Capital Conference and the Arizona Angel Investment Conference, is searching for the Best of the Southwest: the region’s most promising early stage and emerging growth companies. Read the rest of this entry »

EMTA Holdings, Inc. CEO Interviewed by Wall Street Reporter
SCOTTSDALE, AZ — (MARKET WIRE) — July 11, 2007 — EMTA Holdings, Inc. (OTCBB: EMHD) today announced that its President and CEO, Edmond Lonergan, was interviewed by the Wall Street Reporter. Mr. Lonergan discussed in depth EMTA Holdings, Inc., prospects, products and upcoming developments. The interview is available for download at http://www.wallstreetreporter.com.

About EMTA Holdings, Inc.

EMTA Holdings Inc. is a holding company currently engaged in providing innovative solutions to conserve energy usage, particularly for petroleum-based fuels. The Company has developed unique products that are sold to industrial and commercial customers as well as to retail consumers. Its XenTx™ products feature breakthrough technology that reduces overall friction and mechanical wear resulting in greater fuel economy and less air pollution. XenTx™ products are available at many major retailers including Wal-Mart Canada, Murray’s Discount Auto Sales, Strauss Discount Auto, True Value, O’Reilly Auto Parts, Lee Auto Parts, Meijer, Fred Meyer, Bi-Mart, Levin’s, Midway Auto Supply, Canadian Tire, G.I. Joe’s, B&B Auto Supply. For additional information please visit www.xentx.com and www.whitesandsllc.com.

This press release discusses certain matters that may be considered “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, including statements regarding the intent, belief or current expectations of EMTA Corp. (”the Company”) and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results such as, but not limited to: the ability of the Company to raise necessary capital; to attract and retain effective management; the lack of viable commercial applications or the failure of third-party contractors to perform their contractual obligations. Prospective investors are also referred to the other risks identified from time to time in the Company’s reports and registration statement filed with the Securities and Exchange Commission.

CONTACTS:

Stuart Fine
Carpe DM, Inc.
908-469-1788
stuart@carpedminc.com

Paula C. Wright
VP Media/IR/PR
EMTA Holdings, Inc.
480-607-0251
pwright@corporatearchitects.com

SOURCE: EMTA Holdings, Inc.

EastBridge Investment Group Distributes Dividend Shares
PHOENIX, AZ — (MARKET WIRE) — July 11, 2007 — EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that it has distributed a total of five million shares or five percent of the common stock of Nanotek Inc., on a pro-rata basis and without considerations to its shareholders. These shares are distributed to shareholders of record on Wednesday, July 11, 2007. Nanotek’s business deals in electrical and chemical products and services.

Keith Wong, President and CEO of EastBridge Investment Group, said, “Our first wholly owned Chinese subsidiary (Fiber One, Ltd.) is making great progress. Nanotek is our second wholly owned subsidiary and is scheduled to be spun off as a public company within twelve to eighteen months from the dividend distribution date, subject to receiving all the necessary approvals. All our subsidiaries will be working to increase revenues and profits in their respective businesses and at the same time looking for merger opportunities before going public.”

Norm Klein, COO and CFO of EastBridge Investment Group, added, “This is our second dividend share distribution since our stock began trading in May, 2007. Our business model is to continue setting up wholly owned subsidiaries as we enter new business sectors. Most of these wholly owned Chinese subsidiaries will be spun off as publicly trading U.S. companies as soon as feasible. Our shareholders will eventually own a series of EastBridge related companies.”

EastBridge’s shareholders will receive stock certificates or their brokerage accounts will be notified via electronic deposits just prior to the above subsidiaries going public, which will occur in 2008.

EastBridge Investment Group focuses on small to medium-size high-growth companies in China and India offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bio science, food and retail distribution.

The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectation or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, fluctuations in foreign currency exchange, the impact of competitive services and pricing, or general economic risks and uncertainties.

To receive our email alert, send a blank email to info@EbigCorp.com

Contact:
Norm Klein
EastBridge Investment Group Corp.
480-966-2020
480-966-0808 (fax)
nklein@ebigcorp.com

Jack Eversull
The Eversull Group, Inc.
972-378-7917
972-378-7981 (fax)
jack@theeversullgroup.com

SOURCE: EastBridge Investment Group

Amergence and Its Sales Agent, MediaMax Technology, Intend to Employ All Defenses at Their Disposal to Defend Themselves Against What They Believe Are Unwarranted Allegations by the Entertainment Giant
PHOENIX, AZ — (MARKET WIRE) — July 11, 2007 — On Monday (July 9, 2007) The Amergence Group, Inc. (PINKSHEETS: AMNG) (formerly SunnComm International), and its sales agent, MediaMax Technology (PINKSHEETS: MMXT), were unexpectedly served with a summons in a civil lawsuit brought by Sony-BMG. The suit alleges, among other things, that SunnComm’s CD copy protection component, called MediaMax, was defective and that the small Phoenix-based company has a contractual obligation to indemnify the entertainment giant against consumer actions which Amergence believes resulted primarily from 1) Sony’s under-tested release of a competitor’s technology, and Read the rest of this entry »

PHOENIX, AZ — (MARKET WIRE) – – EastBridge Investment Group (EBIG) (OTCBB: EBIG), the first and only Over the Counter Bulletin Board company (http://www.EbigCorp.com) devoted to bringing small to medium sized, high growth companies from China and India public in the U.S., today announced that Tianjin Hui Hong Heavy Steel Construction Company, Ltd. (http://www.tjhuihong.com), has received several new contracts in China. EastBridge has already begun work in taking Hui Hong Heavy Steel public in the United States. Keith Wong, President and CEO of East Bridge Investment Group, said, “Hui Hong Heavy Steel has been selected to Read the rest of this entry »

PHOENIX, AZ — (MARKET WIRE) – PetroSun, Incorporated (PINKSHEETS: PSUD) announced today that it will conduct a three-day algae-to-biodiesel demonstration at its facilities near Auburn, Alabama. The event is currently being scheduled for early August 2007 and will be by invitation only. Participants will be required to execute Secrecy / Nondisclosure Agreements prior to admittance to the demonstration site. Read the rest of this entry »

SonicMountain Becomes Amergence Group Subsidiary
PHOENIX, AZ — (MARKET WIRE) — The Amergence Group Inc. (PINKSHEETS: AMGG) announced today that it has signed a binding Engagement Agreement to acquire New York-based SonicMountain, the parent company of Odeo.com. Odeo is the most popular podcast environment on the Internet today. Under the terms of the agreement, SonicMountain will become a wholly owned subsidiary of The Amergence Group. Read the rest of this entry »

Founding CEO Returns to Lead Company’s Expansion in Health and Security Markets
TUCSON, AZ — (MARKET WIRE) — June 11, 2007 — CDEX, Inc. (OTCBB: CEXI), the developer of innovative systems for substance detection and verification, announced today that Malcolm Philips has been named President and Chief Executive Officer. Mr. Philips was the President, CEO and Chairman of the Board of CDEX from its inception until he left the Company in early 2006. Since December 2006, Mr. Philips has been a special advisor to the Board and Mr. Tim Shriver, who has been serving as acting President and CEO, to consolidate operations in Read the rest of this entry »

Users Now Have Access to Prescreened and Homeowner-Rated Contractors for Home Maintenance Needs
SCOTTSDALE, AZ — (MARKET WIRE) — June 11, 2007 — To further ease the burdens of home ownership, Ethix Media, makers of Homeminders (www.homeminders.com), has partnered with ServiceMagic®, Inc. (www.servicemagic.com) to streamline the time-consuming process of identifying local, reputable home service providers. This partnership enables users of the Homeminders Web-based service to access a constantly updated, robust local database of prescreened service professionals. Read the rest of this entry »