SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (117799)8/6/2003 4:14:55 PM
From: jmhollen  Read Replies (3) | Respond to of 150070
 
OZLU is one of the enviro-techies I keep an eye on.

Seems to be tracking upwards pretty well in the last week,

John ;-)



To: Rocket Red who wrote (117799)8/6/2003 4:43:46 PM
From: Jim Bishop  Respond to of 150070
 
Thanks... yep there is debt, and risks.



To: Rocket Red who wrote (117799)8/6/2003 4:57:27 PM
From: Rocket Red  Respond to of 150070
 
UGOMEDIA INTERACTIVE CORP (U-UGMI) - News Release
Sciax Releases TRVS-4 TecCam

BAY CITY, Mich. and TORONTO, Aug. 6, 2003 (PRIMEZONE) -- Ugomedia Interactive Corp. (name change to Sciax Corp. pending) (OTCBB:UGMI), a leader in advanced technology imaging systems, is pleased to announce the launch of its TRVS line: the TRVS-4 TecCam.

Sciax is the manufacturer of the Tactical Remote Viewing System (TRVS-1), used globally by customs, law enforcement agencies and military units, including the Los Angeles Police Department SWAT Team, Canadian Customs, the German Government, and the US Military. The TRVS-2 Under-Door Viewer was launched in late July and was extremely well received by select U.S. federal agencies.

The TRVS-4 TecCam is a new accessory boroscope camera designed for use with the TRVS-1. TecCam connects to a wide range of flexible and rigid boroscopes; this converts TRVS-1 into a superior tool for confined space clearance in criminal investigations, contraband search and can now be extremely useful in covert surveillance operations.

"The TecCam provides our customers with a video display of boroscope images, reducing eye-strain," stated Nitin Amersey, Chairman and CEO. "It also allows visual intelligence to be shared with others using video documentation accessories and TRVS remote transmission capabilities."

According to Vice-President of Sales and Marketing, Dave Howlett, a former naval officer and sales executive, "TecCam's 'smart and durable' nature blends in well with the rest of our product line. Each of the TRVS products that will be launched over the next 2 years will be presented to existing clients as increasing the capability of their current technology. We currently have a perfect selling environment for Sciax Technology's."

In addition to TRVS, Sciax continues to develop key products to enhance its defense and Industrial divisions. Ken Smart, president of Sciax, is spearheading the development of these products.

About SCIAX

Sciax is an emerging leader, in counter-terrorism, law enforcement and defense optical imaging systems. Sciax America Inc. & Sciax Technology Inc. are 100% owned subsidiaries of UGOMEDIA INTERACTIVE CORPORATION (A NASDAQ OTCBB/Ticker UGMI). A name change from UGOMEDIA INTERACTIVE CORP. to SCIAX CORP. is pending. Sciax is the manufacturer of the SeCam -- part of the Tactical Remote Viewing System (TRVS) which is used by a number of law enforcement and defense units across the globe including the Los Angeles Police Department SWAT Team, Canadian Customs, German Government

Forward-Looking Statement

This release contains forward-looking statements with respect to the results of operations and business of Sciax Technology Inc., Sciax America Inc. and Ugomedia Interactive Corp. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The company intends that such statements about the Company's future expectations, including future revenues and enforcement and defense optical imaging system earnings, and all other forward looking statements be subject to the "safe harbors" provision of the Private Securities Litigation Reform Act of 1995.

CONTACT: Sciax Technology
Richard Griffiths
1-877-99-SCIAX (72429)
rgriffiths@sciax.com
www.sciax.com



To: Rocket Red who wrote (117799)12/15/2003 9:10:17 AM
From: Jim Bishop  Read Replies (2) | Respond to of 150070
 
COXT 8-K: COXT Sensitech to Acquire Co. for $10.5M [delayed] ( EventX/Knobias.com )

Ridgeland, MS, DEC 15, 2003 (EventX/Knobias.com via COMTEX) -- Cox Technologies
Inc (OTCBB: COXT) filed an 8-K on 12/15, in which the Company reported that on
12/12, it entered into an Asset Purchase Agreement with Sensitech Inc. and its
wholly owned subsidiary Cox Acquisition Corp., pursuant to which Sensitech will
acquire substantially all the assets and business of Cox Technologies.

Subject to the terms and conditions of the Asset Purchase Agreement, Sensitech
will pay approximately $10,532,000 to Cox Technologies in exchange for
substantially all of the assets of Cox Technologies exclusive of the Vitsab
product line, cash and certain furniture and equipment. Of the $10,532,000
purchase price $10,240,000 is payable in cash with the remainder being paid
through the assumption of an estimated $292,000 in assumed payables. The
purchase price will be adjusted based on changes in the amount of receivables,
inventory, payables, product claims and customer commitments. The sale is
subject to approval by the Cox Technologies shareholders. Subject to receipt of
shareholder approval and satisfaction of other closing conditions contained in
the Asset Purchase Agreement, it is anticipated that the sale will be
consummated in the first quarter of 2004. In connection with the negotiation of
the asset sale, Cox Technologies has agreed to continue manufacturing products
for Sensitech during a transition period to end no later than June 1, 2004.
After the closing of the asset sale and following expiration of those
manufacturing obligations, and subject to approval by its shareholders, Cox
Technologies will wind up its operating business, effect a complete liquidation
and dissolution of the Company, and distribute any remaining cash to its
shareholders.