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PTS, Inc. (OTCPK:PTSH)
PTS, Inc. has entered into a Share Exchange Agreement pursuant to which PTSH will acquire 70% of ThinLine Technology Group at the closing. Closing shall occur as soon as PTSH receives satisfactory audited financials from ThinLine, but not later than December 31, 2010.
ThinLine Technology Group (www.thinlinegroup.com) manages, markets and maintains the IT and VOIP infrastructure for small and medium business (SMB market) and provides Private Cable Operators (PCO market) private label billing and call center support. At present, the company services over 21,000 clients on behalf of Private Cable Operators over 400 apartment properties across the United States.
In other PTS, Inc. news and events: In concert with recent merger news, PTS, Inc. will shortly announce its new officers directors and board members, replacing current interim management.
PTS, Inc. does not have significant operations. PTSH intends to acquire undervalued businesses and/or merge with businesses with a history of operating revenues. Prior to February 23, 2010, PTSH engaged in the provision of accessibility compliance consulting services to government, school districts, and municipalities and other public entities, as well as to retail, commercial, recreational, and corporate customers. PTS, Inc. was founded in 1996 and is based in Las Vegas, Nevada.
To learn more about PTSH visit: http://www.ptspi.com
Pengrowth Energy Trust (NYSE:PGH) is pleased to announce that Pengrowth will host a live webcast of its Analyst Day Presentation beginning at 8:00 A.M. Mountain Standard Time on Tuesday, November 9, 2010 during which management will provide an update to Pengrowth's Analyst community on its corporate strategy and development plans for 2011. The live presentation and question and answer period is expected to last two hours. A live webcast of the presentation will also be available to the general public. To participate in the webcast, participants may register by visiting www.gowebcasting.com/2065. The webcast will also be archived and available on Pengrowth's website at pengrowth.com.
Pengrowth Energy Trust operates as an energy investment trust in Canada. The company, through its subsidiary, Pengrowth Corporation, engages in the acquisition, ownership, and operation of working and royalty interests in oil and natural gas properties primarily in the Western Canadian Sedimentary Basin.
Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) and ESPN Regional Television, Inc. (NASDAQ:ERT), a subsidiary of ESPN, officials announced a multiyear marketing agreement whereby BBVA Compass, the leading financial institution in the Sunbelt Region and among the top 20 largest financial institutions in the United States based on deposit market share, will become the title sponsor of the former Papajohns.com Bowl (currently known as the Birmingham Bowl). The 2010 BBVA Compass Bowl will feature bowl-eligible teams from the Southeastern Conference (SEC) and the BIG EAST Conference. The BBVA Compass Bowl is scheduled to take place at Birmingham's Historic Legion Field Saturday, Jan. 8, 2011, at 11a.m. CT on ESPN.
Banco Bilbao Vizcaya Argentaria, S.A. engages in retail banking, asset management, private banking, and wholesale banking businesses in Spain and internationally. It offers banking services and consumer finance to private individuals, enterprises, and institutions; customer deposits, paycheck and pension deposits, and term deposits; loans and advances, mortgages for first time home buyers, and credit cards; and mutual and pension funds management, asset planning, and wealth management services.
MEMC Electronic Materials Inc. (NYSE:WFR) announced that it has received a successful outcome in its litigation with Soitec regarding Silicon On Insulator (NYSE:SOI) wafers. As a result, MEMC continues to have complete freedom to produce and sell SOI wafers using MEMC's current processes. We are pleased with the court's ruling that MEMC's current SOI processes do not infringe on the Soitec patents asserted in this litigation," said Brad Kohn, MEMC's Senior Vice President and General Counsel. "MEMC's focus, as always, is on our customers, and the successful resolution of this portion of our litigation with Soitec removes a potential distraction.
MEMC Electronic Materials, Inc. designs, manufactures, and sells silicon wafers for the semiconductor industry worldwide. Its products include prime polished wafers, such as OPTIA and annealed products; epitaxial wafers consisting of thin silicon layer grown on the polished surface of the wafer; test/monitor wafers for testing semiconductor fabrication lines and processes; and silicon-on-insulator wafers used for the chip making process.
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