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Steroidstocks.com says:(OTCBB:SNVP)-(OTCBB:ANTS) -(OTCBB:WLGC) are on Steroids!!
(M2 PressWIRE Via Acquire Media NewsEdge) SteroidStocks.com Says:(OTCBB:SNVP) Savory Energy Corporation New, (OTCBB:ANTS) ANTS Software, Inc and (OTCBB:WLGC) Wordlogic Corporation are on STEROIDS!
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About Savoy Energy Corporation:
Savoy Energy Corporation (OTCBB:SNVP) is an independent oil and gas company whose strategy is to build a diversified portfolio of oil and gas assets in the United States. The company is focused on identifying abandoned oil and gas assets, which are then brought online through re-completion and work-over activities. The company seeks to accomplish this through a process of evaluations and applications of modern well technologies and effective management controls. The company seeks to increase its asset base and cash flow, while significantly reducing the cost of initial drilling. By following this process, the company seeks to minimize the risk of traditional exploration projects and while limiting corporate overhead. For more information visit the Company's web site at: www.savoyenergycorporation.com
News Today:
HOUSTON, Jun 3, 2010--Savoy Energy Corporation (OTCBB:SNVP), an independent oil and gas company, announced today that it has entered into a Letter Of Intent with a privately owned oil and gas company to acquire a producing oil field located in an approximate 500-acre tract.
The Letter Of Intent is subject to completion of due diligence and the execution of a final Sale and Purchase Agreement. Under the Agreement, Savoy will have an 80% Net Revenue Interest in the field. The field currently has no less than 34 existing well bores that the Company believes are capable of production with 7 of those wells currently in production.
Savoy is advised that current production is logged at 60/70 BOPD and is being produced from three of five known field formations. The reports from engineers and geologists employed by a previous operator show that the geology of the field was well defined through the drilling, logging and coring of wells in the area. An existing reserve report projects that 1.3 to 1.6 million bbls of oil may be recoverable from the field.
Arthur Bertagnolli, CEO of Savoy Energy Corporation, stated, "The acquisition of this interest is consistent with our strategy of identifying and acquiring underdeveloped oil and gas interests. We believe that the remaining wells that can be returned to production at a favorable well intervention cost have the potential of achieving a production goal of 100 BOPD from the field."
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About ANTs software, inc:
The mission of ANTs Software is to help customers drive down IT operating costs by consolidating hardware and software infrastructure and eliminating cost inefficiencies. To this end, ANTs develops and sells the ANTs Compatibility Server (ACS) an innovative middleware solution that accelerates database consolidation between database vendors, enabling application portability. In addition to ACS, ANTs offers a complete portfolio of services ranging from architecting or managing IT infrastructure, to full application performance tuning and administrative services. ANTs is a public company with headquarters in San Francisco, California. Our shares trade on the OTC Bulletin Board under the symbol: ANTS. For more information visit, www.ants.com.
About Ness Technologies:
Ness Technologies is a global provider of IT and business services and solutions with specialized expertise in software product engineering; and system integration, application development, consulting and software distribution. Ness delivers its portfolio of solutions and services using a global delivery model combining offshore, near-shore and local teams. With about 7,800 employees, Ness has operations in North America, Europe, Israel and India, has customers in over 20 countries, and partners with numerous software and hardware vendors worldwide. For more information about Ness, visit http://www.ness.com
News Today:
BURLINGAME, Calif., Jun 03, 2010--ANTs software inc. (OTCBB: ANTS), a leader in database consolidation solutions, today announced it has chosen Ness Technologies, a global provider of IT and business services and solutions, as its implementation partner for DB2 SQL Skin for Sybase projects.
Ness Technologies has specialized expertise in software product engineering; and system integration, application development, consulting and software distribution. With over 7,800 employees world wide and operations in several countries including North America, Europe, Israel and India, Ness Technologies will provide ANTs with the ability to meet the significant number of projects expected under its global OEM agreement with IBM.
Joseph Kozak, Chairman and CEO of ANTs commented, "We currently have a pipeline of new projects that will begin driving both top-line and bottom-line growth for ANTs Software. The first of these projects will impact our third quarter and fourth quarter results and will give us enough visibility to provide detailed financial guidance to the market."
Kozak concluded, "Our global OEM agreement with IBM is expected to generate significant revenues for ANTs Software beginning in the third quarter of 2010. Under the agreement, ANTs will receive both license and maintenance fees based upon sales of the DB2 SQL Skin for Sybase that became widely available to IBM's customers in May 2010. In addition, as a preferred partner to IBM, ANTs is anticipating a large number of implementation projects, which is why we chose to collaborate with NESS Technologies. Partnering with NESS Technologies provides ANTs with the man power necessary to create a global footprint and leverage our expertise in database migration on a much larger scale."
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About WordLogic:
Vancouver, BC-based WordLogic (www.wordlogic.com) is the developer of patent-protected predictive text software widely used in Internet-based search applications. WordLogic offers advanced methods of text and information entry into personal computing devices ranging from small handheld Mobile devices to Tablet and Desktop computers. WordLogic has several patents granted on its current products with many new applications now under consideration. Company information: Head office: 650 West Georgia Street, STE 2400, Vancouver, BC, Canada. Telephone: 1-866-WORDLOGIC. Frank Evanshen, CEO, WordLogic Corporation 1+604.257.3660, fevanshen@wordlogic.com, Roger Sichel, Director of Business Development, 1+914.273.9691, rsichel@wordlogic.com.
News Today:
VANCOUVER, June 3, 2010--WordLogic Corporation (OTC Bulletin Board: WLGC), a leading-edge technology company developing advanced methods of text and information entry, including advanced input, announced the debut of its first advertising campaign promoting direct retail sales of WordLogic software products to the American public, reports Frank Evanshen, CEO, WordLogic Corporation.
WordLogic's ad agency, Advidea Inc. is producing the US consumer broadcast campaign, which debuts its first one-minute infomercial on CNBC. "Power Lunch," Monday, June 14th, 2010, running on the program throughout the week. The infomercial also airs on another National CNBC program each day that week after market hours and debuts on Bloomberg Television.
This represents the first leg of WordLogic's broadcast ad campaign, which plans to spread its wings to multiple broadcast outlets this summer.
In preparation for its retail product line launch, WordLogic is revamping its current corporate, business to business and investor relations web presence. Creative Web, Inc. will unveil a state-of-the-art e-commerce WordLogic site featuring retail sales and an expanded product line.
WordLogic call center facilities are in place to accept orders and U.S.-based Custom USB will handle software downloading and shipping and handling.
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About SteroidStocks.com
SteroidStocks.com is written and published by SteroidStocks.com employees. Readers are advised that this analysis report is issued solely for informational purposes. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by the publisher nor a solicitation of the purchase or sale of any securities. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. SteroidStocks.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. For additional information, please visit www.steroidstocks.com or e-mail info@steroidstocks.com.
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