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Eline Entertainment Group Inc. (OTCPK:EEGI)
Eline Entertainment Group, Inc. today announced that the company has entered into merger discussions with China-based video game designer Vu365.
EEGI management feels that this is a significant event that merits reporting to the market. Management believes that this merger is imminent, as Vu365 (www.vu365.com) has been looking to enter the USA markets for quite some time, and virtually exhausted its patience in discussion with another publicly traded company. EEGI management being able to accommodate VU365 needs is taking aggressive action. According to sources, Vu365 offers revenues in the $2 million USD range, with profits of $500,000 USD.
Vu365, a China-based gaming company, has over 30 employees. Founded in 2005, the group operates web and casual games. Vu365 has several products in development: an assortment of strategic web games, cyber games and 3-D large scale competitive games. Vu365 has already garnered popularity as the sole agent of a Korean MMORPG (Massively Multiplayer Online Role-Playing Game), a game that accrued 3000 online gamers and a monthly residual income of almost 300,000 RMB (about $10,000.00 USD) from that single application alone.
In other company news, the EEGI board awaits Innovation Group (Inn) updates regarding diversification of the Inn assets. EEGI management is looking for a change in direction and growth with its focus set in the entertainment industry with the aforementioned pending merger of VU365; and the recent merger of USA based luxury leisure transportation services.
Eline Entertainment Group, Inc. operates in the educational industry in China. EEGI operates 12 educational training centers for nursery students; and 4 training programs. EEGI was formerly known as Eline Music.com, Inc. and changed its name to Eline Entertainment Group, Inc. in April 2001. Eline Entertainment Group, Inc. is based in Hendersen, Nevada.
To learn more about EEGI visit: http://www.elineentertainment.com
PTS, Inc. (OTCPK:PTSH)
PTS, Inc. announced today that through its ThinLine division it has signed a 3 year IT Services deal with United Power.
United Power (www.unitedpowerinc.com) is acknowledged experts on the resale of products especially suited for medium voltage power distribution, in addition to providing a wide portfolio of products for other aspect of the electrical utility business. United Power has been serving electrical utility Customers within Georgia continuously since 1976. They have developed a reputation for customer sensitivity, fair dealing and exceptional quality during this time.
United Power required an IT solution that would allow them to contact one source for all of their IT needs.
"United Power is a well-established and quality company that has been a leader in their field for decades" stated Raj Kalra CEO of PTSH. "They were looking for a one stop shop that would be able to handle their IT, disaster recovery and hardware needs without making more than one phone call. ThinLine's managed IT solution was designed for this task. We look forward to working with the team at United Power and I am always excited to add a quality client to our growing portfolio of managed It customers," added Raj Kalra.
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
EnerNOC, Inc. (Nasdaq:ENOC) announced on Monday November 8, 2010 financial results for the third quarter ended September 30, 2010. "EnerNOC continued to drive robust growth across all of our application suites in the third quarter, resulting in record quarterly revenue and earnings results," said Tim Healy, EnerNOC's Chairman and Chief Executive Officer. "We passed a significant milestone of 5,000 megawatts under management sooner than expected and signed key customer contracts, both important leading indicators of utility, grid operator and C&I customer demand for our energy management applications and services.
EnerNOC, Inc. (EnerNOC) is a provider of clean and intelligent energy solutions, which include demand response services, energy efficiency, or monitoring-based commissioning, services, energy procurement services and emissions tracking and trading support services.
GSI Commerce, Inc. (Nasdaq:GSIC) announced on Monday November 8, 2010 it has been named one of the Top Places to Work in Massachusetts for the third consecutive year, ranking ninth in the midsize company category. The Top Places to Work 2010 magazine was published in The Boston Sunday Globe on Nov. 7. Online, the report can be found at www.boston.com/topworkplaces.
GSI Commerce, Inc. is a provider of e-commerce and interactive marketing services to businesses that sell products directly to consumers (b2c). The Company operates in three business segments: e-commerce services, interactive marketing services and consumer engagement.
Symantec Corporation (Nasdaq:SYMC) announced on Monday November 8, 2010 an expanded strategic partnership under which Dell Services will utilize Symantec’s e-mail security platform as the security engine for its Email Management Services (NYSE:EMS) portfolio of Software-as-a-Service (SaaS) solutions. The partnership will utilize Symantec Hosted Services’ state-of-the-art, cloud-based security services to bring new e-mail security features and improved functionality to Dell’s EMS customers and channel partners, providing them with increased e-mail protection and availability. Dell Services’ EMS Email Continuity and EMS Email Archive SaaS solutions are currently offered to Symantec’s customers and channel partners.
Symantec Corporation (Symantec) is a global provider of security, storage, and systems management solutions that help businesses and consumers secure and manage their information.
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