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Stocks That Stand Out For Oct. 21th, 2009 Are MPPC, AMNP, NEOM, CERP, BIEL
(M2 PressWIRE Via Acquire Media NewsEdge) Stocks That Standout For Oct. 21th, 2009 are myPhotopipe.com, Inc. (Pink Sheets: MPPC), American Sierra Gold Corp. (OTCBB: AMNP), NeoMedia Technologies, Inc. (OTCBB: NEOM), Cereplast, Inc. (OTCBB: CERP), BioElectronics Corp. (PINKSHEETS: BIEL)
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myPhotopipe.com Announces Early Launch of Three Technology Platforms
--Company Expands Digital Photo Processing Production Capacity
ATLANTA, Oct 20, 2009 -- myPhotopipe.com, Inc. (Pink Sheets: MPPC) today announced the early completion of its new suite of online ordering platforms. Wholesale orders began flowing through the Company's new Application Programming Interface (API) last week, ahead of the expected release date, completing a technology upgrade to make myPhotopipe.com accessible through more online ordering venues and portals.
The Company partnered with New York software development firm Photogra to co-market a new "green screen" ordering process, a new online ordering system, and the API.
"We're like a labyrinth of digital pipes, with order entry points throughout the digital spectrum," noted myPhotopipe.com President Pete Casabonne. "Orders are now flowing through these new pipes to the tune of hundreds of new orders a week. Equally important, our diversification into green screen technologies for entertainment and sports venues has been successfully tested at two major sporting events, and our Xpress browser-based ordering system has proven that in the digital age 'fast, easy and fun' make an enormous difference. Xpress already accounts for roughly 12% of our total online business, an impressive statistic following what amounts to just weeks of beta testing." The Company recently completed the installation of a new Xerox 700 to add folded greeting cards, model composites and other "press-printed" products to its product offerings. "Photographic printing is entirely one-sided," stated Casabonne. "Today we can achieve photographic quality on press-printed products, which allows us to print two-sided. Two-sided printing opens the door to new product categories, such as folded greeting cards, model composites, and more. These represent new revenue silos and gain us entry into two of the fastest-growing segments of our industry." The new API platforms allow the Company to service front-end retailers and branded Internet sites that offer digital print processing as part of their service packages.
About myPhotopipe.com, Inc.
myPhotopipe.com, Inc. is a web-based online provider of digital photo processing, photo finishing, photo-sharing, and related services. The Company's unique blend of 1000 print options, combined with manual print inspections and professional color management, have positioned myPhotopipe.com as one of the fastest-growing providers of digital photography services for professionals and serious amateurs.
The Company is headquartered in Atlanta, Georgia, and its common stock is listed on the OTC Pink Sheets under the symbol "MPPC". Additional information is available on the Internet at www.myPhotopipe.com.
Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, and is subject to the safe harbor created by those sections. Such forward-looking statements are based upon current information and expectations regarding myPhotopipe.com, Inc. These estimates and statements speak only as of the date on which they are made, are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecasted in such forward-looking statements.
myPhotopipe.com, Inc. assumes no obligation to update the information contained in this press release. myPhotopipe.com, Inc.'s forward-looking statements in this press release and future results may be materially impacted by any number of factors, any or all of which could have a negative impact on sales, operating results, financial and budgetary constraints. The statements made herein are independent statements of myPhotopipe.com, Inc. The inclusion, if any, of any third parties does not represent an endorsement of any myPhotopipe.com, Inc. products or services by any such third party.
American Sierra Gold Corp. Signs Final Agreement to Acquire High-Grade Discovery Day Gold Project
RENO, NV, Oct 20, 2009 -- American Sierra Gold Corp. (OTCBB: AMNP), an independent gold exploration company headquartered in Reno, Nevada, is pleased to announce that it has signed the final joint venture agreement with Trinity Alps Resources, Inc. to acquire a 75% stake in the high-grade Discovery Day Gold Project. This agreement follows from negotiations based on the Letter of Intent as announced October 7, 2009.
The Discovery Day Gold Project covers over 950 acres and controls the entire Knownothing Mining District in northern California, which includes the four principal mines -- the Gilta, Discovery Day, Hansen, and Knownothing and several other smaller mines and prospects. An ore reserve estimate from 1996 published study by Cooksley Geophysical, Inc. reported a total inferred resource of 1,165,000 ounces of gold, of which over 157,000 ounces were considered to be in the proven and probable categories. The Company will need to re-evaluate historical data and carry out additional exploratory work on the numerous targets available to take the property's resource to a mineable category.
"We are extremely pleased to sign the joint venture agreement, and thus initiate the process of developing the mine. We expect the first year work plan to be approved shortly and allow us to initiate preparatory work for drilling. The turnkey mine and processing facilities, which include a 100 tpd ore mill, are fully permitted for on-site production through 2016 with all environmental impact studies and necessary operational permits completed and approved," said Mr. Wayne Gruden, American Sierra's CEO.
"More than 7 million ounces of gold have been recovered from placer and gold-quartz veins in the Klamath Mountains province of California - Oregon, and we believe that we are well positioned to identify the next large mine in this historically rich region. Past production records show mining runs averaging 12.06 ounces of gold per ton. With proven past production and the high impact prospects, American Sierra is well poised to provide shareholder value at a time of near record gold prices," added Mr. Gruden.
Under the terms of the joint venture agreement, American Sierra has agreed to invest US$2 million in the property over a period of 2 years in order to earn a 75% stake in the project. In addition, American Sierra agreed to issue 2 million shares and 2 million 5-year warrants of AMNP's stock to the vendor of the project over the same period. The warrant package offered, if exercised, could result in an additional $2.5 million of funding available to the Company.
Forward-Looking Statements The statements by our officers, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward- looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
Cautionary Note to Investors The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this press release, such as "reserves," "resources," "geologic resources," "proven," "probable," "measured," "indicated," and "inferred," that the SEC guidelines strictly prohibit us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our SEC filings, File No. 000-52927. You can review and obtain copies of these filings from the SEC's website at http://www.sec.gov/edgar.shtml.
NeoMedia and Scanbuy Reach Settlement and License Agreement
U.S. Mobile Barcode Market Aligned for Growth
ATLANTA & NEW YORK, Oct 20, 2009 -- Today NeoMedia Technologies, Inc. (OTCBB: NEOM), and Scanbuy, Inc., leaders in mobile barcode technology, announced they have settled all pending litigation between the companies and have granted non-exclusive patent licenses to each other.
NeoMedia and Scanbuy have agreed to terminate all pending litigation brought by NeoMedia against Scanbuy in 2004, and by Scanbuy and Marshall Feature Recognition, LLC ("MFR") against NeoMedia in 2008.
In addition, NeoMedia has granted Scanbuy a royalty bearing, non-exclusive license to a portion of its patent portfolio in the U.S. In turn, Scanbuy has granted NeoMedia a fully paid, irrevocable, non-exclusive license of Scanbuy patents and a fully paid, non-exclusive sublicense to all of the patents licensed by MFR to Scanbuy within the U.S.
This agreement will enable consumer brands, advertising agencies and mobile operators to confidently engage with either company to implement mobile barcode solutions in the U.S. The technology has enormous potential to become a viable and widely adopted communication channel.
"The agreement between NeoMedia and Scanbuy removes the final roadblock to rapid commercialization of mobile barcodes in the US," commented Iain McCready, Chief Executive Officer of NeoMedia. "We are literally dropping the green flag for brands, retailers and mobile operators to join the race towards mobile barcodes becoming a fixture in every consumer's daily routine." "We are pleased that Scanbuy has reached a fair agreement with NeoMedia, and look forward to working with our partners to build a vibrant business in the United States," said Jonathan Bulkeley, Chief Executive Officer of Scanbuy. "Both companies have invested a great deal in our intellectual property and we will continue to bring these solutions to leading marketers, wireless operators, and handset manufacturers around the world." This release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
About NeoMedia Technologies: NeoMedia Technologies, Inc. (OTCBB: NEOM) is a global leader in mobile barcode scanning solutions. Our technology allows mobile devices with cameras to read 1D and 2D barcodes and provide "one click" access to mobile content. Combining this technology with advanced analytics and reporting capabilities revolutionizes the way advertisers market to mobile consumers.
NeoMedia provides the infrastructure to make 2D camera barcode scanning and its associated commerce easy, universal, and reliable -- worldwide.
The company's mobile phone technology, NeoReader, reads and transmits data from 1D and 2D barcodes to its intended destination. Our Code Management and Code Clearinghouse platforms create, connect, record, and transmit the transactions embedded in the 1D and 2D barcodes, like web-URLs, text messages (SMS), and telephone calls, ubiquitously and reliably.
About Scanbuy, Inc.
Scanbuy is a leading global provider of mobile barcode solutions that use the camera phone as the link between the physical world and the digital world. The ScanLife solution consists of a multi-barcode reader application and interoperable Code Management Platform. The technology has been successfully deployed and supported by leading mobile providers and handset manufacturers in the United States, Mexico, Chile, Spain, Italy and Denmark. Media companies and marketers use the solution to create and manage measurable 2D barcode campaigns, extending brand engagement onto mobile devices.
Scanbuy has the largest and oldest patent portfolio of any company in the industry, with over 30 patents granted covering the entire solution. The company's investors include Longworth Venture Partners, Masthead Venture Partners and Hudson Ventures.
Cereplast to Transform Algae into Bioplastics
Breakthrough Technology Could Eventually Replace 50% or More of Petroleum-Based Plastics Content with Algae-Based Resins
HAWTHORNE, Calif., Oct 20, 2009 -- Cereplast, Inc. (OTCBB:CERP), manufacturer of proprietary bio-based sustainable plastics, announced that it has been developing a breakthrough technology to transform algae into bioplastics and intends to launch a new family of algae-based resins that will complement the company's existing line of Compostables(R) & Hybrid(R) resins.
Cereplast algae-based resins could replace 50% or more of the petroleum content used in traditional plastic resins. Currently, Cereplast is using renewable material such as starches from corn, tapioca, wheat and potatoes and Ingeo(R) PLA.
"Our algae research has shown promising results and we believe that in the months to come we should be able to launch this new family of algae-based resins," stated Frederic Scheer, Founder, Chairman and CEO of Cereplast. "Algae-based resins represent an outstanding opportunity for companies across the plastic supply chain to become more environmentally sustainable and reduce the industry's reliance on oil. We are still in the development phase, but we believe that this breakthrough technology could result in a significant new line of business in the years to come." "Based on our own efforts, as well as recent commitments by major players in the algae field, we believe that algae has the potential to become one of the most important "green" feedstocks for biofuels, as well as bioplastics," continued Mr. Scheer. "Clearly, our focus will be on bioplastics. However, for our algae-based resins to be successful, we require the production of substantial quantities of algae feedstock. We are very encouraged when we see big players entering the algae production business, including Exxon's $600 million investment in Synthetic Genomics and BP's $10 million investment in Martek Biosciences." Cereplast has initiated contact with several companies that plan to use algae to minimize the CO2 and NOX gases from polluting smoke-stack environments. Algae from a typical photo-bioreactor is harvested daily and may be treated as biomass, which can be used as biofuel or as a raw material source for biopolymer feed stock. The company is also in direct communication with potential chemical conversion companies that could convert the algae biomass into viable monomers for further conversion into potential biopolymers. "Algae as biomass makes sense in that it helps close the loop on polluting gases and can be a significant renewable resource," added Mr. Scheer.
About Cereplast, Inc.
Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for petroleum-based plastics in all major converting processes - such as injection molding, thermoforming, blow molding and extrusions - at a pricing structure that is competitive with petroleum-based plastics. On the cutting-edge of bio-based plastic material development, Cereplast now offers resins to meet a variety of customer demands. Cereplast Compostables Resins(R) are ideally suited for single use applications where high bio-based content and compostability are advantageous, especially in the food service industry. Cereplast Hybrid Resins(R) combine high bio-based content with the durability and endurance of traditional plastic, making them ideal for applications in industries such as automotive, consumer electronics and packaging. Learn more at www.cereplast.com Safe Harbor Statement Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
BioElectronics Announces Financial Audit
FREDERICK, MD, Oct 20, 2009 -- BioElectronics Corp. (PINKSHEETS: BIEL), the maker of inexpensive, disposable drug-free anti-inflammatory devices, today announced it has retained independent accounting firm Berenfeld Spritzer Schechter & Sheer for accounting and auditing services.
"With over 200 accounting and auditing professionals, Berenfeld is highly qualified to manage our accounting and auditing needs. BioElectronics is now reaching the point where a full audit will more fully assist our investors, distributors and business partners to understand our strengthening business operations," commented Rick Staelin, chairman of the board of BioElectronics Corp. "The availability of fully audited financial statements will also allow us increased flexibility relative to movement to other stock trading venues and will enhance our ability to partner with other business entities potentially strengthening our branding and distribution efforts." About BioElectronics Corporation BioElectronics Corporation is the maker of ActiPatch(R) Therapy, RecoveryRx(TM) Devices, HealFast(R) Therapy (www.healfasttherapy.com) and the Allay(TM) family of inexpensive, disposable drug-free anti-inflammatory devices. For more information please see http://www.BioElectronicsCorp.com.
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