Ecosphere Technologies, Inc.) LATEST NEWS!! Ecosphere Technologies, Inc. to Exhibit at Developing Unconventional Gas (DUG) Conference The Conference is Being Sponsored by Well Known Industry Names Including Schlumberger, Chesapeake Energy, Halliburton and Baker Hughes STUART, Fla., Mar 26, 2010 — Ecosphere Technologies, Inc. (OTCBB: ESPH), a diversified water engineering and services company primarily focused on recycling water within the oil and gas industry, today announces that it will exhibit at the Developing Unconventional Gas (DUG) Conference March 29th – 31st, at the Fort Worth Convention Center in Fort Worth, Texas. The conference will cover a variety of topics related to shale gas exploration and development as well as include presentations and panels by scientists, geologists, and executives from some of the leading players in natural gas drilling and exploration industry. Ecosphere executives will be in booth 411 and available to answer questions regarding their industry leading mobile “total frac water management” services and equipment.
Dennis McGuire, Ecosphere Technologies’ CEO, said, “We have been highly successful operating our revolutionary and environmentally friendly “total frac water management” solutions in the field and the Developing Unconventional Gas conference is a great venue to introduce our equipment to industry leaders. We look forward to showing the rest of the world how our equipment can eliminate the use of chemicals in hydraulic fracturing and recycling frac flowback water, the biggest challenge facing the industry.” About the Developing Unconventional Gas Conference The DUG Conference has grown into the largest gathering of industry interested in learning about the numerous unconventional plays in North America and beyond. Over the 2+ days of DUG your company can press the flesh with the operators and players in the many shale and unconventional plays. The conference is being sponsored by well known industry names including Schlumberger, Chesapeake Energy, Halliburton, and Baker Hughes. For more information visit: www.dugconference.com About Ecosphere Technologies Ecosphere Technologies, Inc. (OTCBB: ESPH) is a diversified water engineering, manufacturing and environmental services company. The Company provides environmental services and technologies for use in large-scale and sustainable applications across industries, nations and ecosystems. For more information, please visit: www.ecospheretech.com.
———————————————————————————————————————————————————— (PINKSHEETS: ENTI – Encounter Technologies Inc) LATEST NEWS!! Encounter Technologies, Inc. Announces the Launch Date for Its Long Anticipated Internet Yellow Pages Platform NEW YORK, NY, Mar 26, 2010 — Encounter Technologies, Inc., a publicly traded company under (PINKSHEETS: ENTI) with its cutting edge Video and Social Networking Platforms, announced today that it will launch its video-centric Yellow Pages web site July 15, 2010.
The Yellow Pages industry is a 15 Billion dollar marketplace and Encounter Technologies has developed a cutting edge platform that will allow today’s small businesses to better compete and promote their services and products over the internet in these tough economic times. Rick DiBiase, President of Encounter, stated, “Our Yellow Pages platform will offer today’s small businesses the opportunity to quadruple their advertising reach and frequency through our unique internet offerings at half what they are paying in yellow pages print phone books.” Rick DiBiase rhetorically asked, “When was the last time you used or even picked up a phone book to find a business or service? Our Yellow Pages site will allow small businesses to be more competitive against the major players with video and text ads on the internet. Sites like superpages.com and yellowbook.com will not be able to match our competitive pricing, promotion, and advertising offerings.” In a new annual study released yesterday, more consumers said they referenced Yellow Pages local search solutions than any other source when searching for local business information.
Of consumers surveyed online and by telephone, 65 percent said they referenced print and/or Internet Yellow Pages within the past month when looking for local business information. Search engines scored second with 58 percent, flyers/coupons were 38 percent, newspapers were 33 percent, and magazines were 14 percent. When analyzed individually, print Yellow Pages were 54 percent and Internet Yellow Pages were 33 percent.
The Local Media Tracking Study, conducted by Burke and released by the Yellow Pages Association (YPA), examines consumer usage of Yellow Pages and other sources to find local businesses. A separate comScore study evaluated total usage of Internet Yellow Pages in 2009.
The study also found that consumers consider Yellow Pages the source they trust most to find accurate local information. More than two-thirds of consumers (67 percent) said that print or Internet Yellow Pages is the source they trust most for finding local business information, compared to 33 percent for search engines. When polled on accuracy of local business information, print and Internet Yellow Pages similarly scored highest with 68 percent, followed by search engines with 32 percent.
“Over the years, consumers have come to trust Yellow Pages as the most comprehensive and accurate resource for local business information,” said Yellow Pages Association President Neg Norton. “Our advertisers benefit from the high level of qualified leads generated as a result of unrivaled trust in our listings. And through our partnerships with search engines like Google and Bing, our advertisers can also effectively reach consumers who prefer to start their local search with a search engine.” The growth of Internet Yellow Pages demonstrates that consumers continue to seek out new ways to find local information, particularly through online and mobile sources.
Burke’s Local Media Tracking Study results also indicated growth in the reach (the number of U.S. adults who use Yellow Pages) and frequency (how often Yellow Pages is referenced per adult) in both print and Internet Yellow Pages between the first and second half of 2009: “The combined reach of print and Internet Yellow Pages provides small and medium-sized business with the strongest platform available to target potential customers,” Norton said. “In today’s fragmented media environment, Yellow Pages’ hybrid approach is the best way to attract consumers who get their information from multiple places before making a purchasing decision.” About Encounter Technologies, Inc.
Encounter Technologies, Inc. provides end-to-end technology and online marketing services, including design, build, hosting, and online marketing support. We specialize in social media, video technology, and online entertainment web solutions. Encounter Technologies, Inc. utilizes their pre-built applications to provide the platforms in which to base solutions for businesses looking to utilize video technology to increase online collaboration and interaction. Our goal is to provide our clients with the best methods to increase user value and achieve desired business results. Simply put, Encounter Technologies, Inc. transforms ideas into revenues. For more information about Encounter Technologies, Inc., visit www.encountertech.com.
———————————————————————————————————————————————————— (PINKSHEETS: WAMUQ – Washington Mutual, Inc.) LATEST NEWS!! Washington Mutual Senior Bondholders Join FDIC in Opposing Proposed Settlement NEW YORK, March 29, 2010 — Senior bondholders of Washington Mutual Bank (PINKSHEETS: WAMUQ) announced their collective support for the Federal Deposit Insurance Corporation’s (FDIC) decision, as reported by the Wall Street Journal today, to reject a settlement proposed by JPMorgan Chase and Washington Mutual Inc. (”WMI”) as not reflecting the discussions between the parties. Although the proposed settlement would resolve certain claims relating to the WaMu receivership estate and WMI’s bankruptcy proceedings, the senior bondholders consider it to be unacceptable.
“JPMorgan Chase is claiming $2.6 billion in tax refunds created by the stimulus bill that it does not own and which Congress intended to go to others. WaMu bondholders do not support JPMorgan Chase’s proposed settlement because it seeks to use these WaMu tax refunds for the benefit of JPMorgan Chase either to settle WMI claims against JPMorgan Chase or to indemnify JPMorgan Chase against other claims,” stated William Isaacson of Boies, Schiller & Flexner LLP, a counsel for bondholders.
Isaacson added, “The senior bondholders commend the decision of the FDIC to decline the current proposed settlement and we plan to work constructively with the FDIC and the other parties to attempt to reach a resolution of the issues that will provide a fair and beneficial settlement for bondholders and the receivership estate.” WaMu has been in receivership since September 25, 2008, the same day the FDIC sold existing assets of WaMu to JPMorgan Chase. Prior to the bank’s demise, senior bondholders provided WaMu with essential financing and liquidity. JPMorgan Chase’s acquisition of WaMu was structured as an asset purchase, so that JPMorgan Chase could avoid taking on WaMu’s obligations to its creditors, which include the senior bonds.
———————————————————————————————————————————————————— (OTCBB: CCTR – China Crescent Enterprises, Inc.) LATEST NEWS!! China Crescent and Fonix Announce Chinese Telecom Software Management Agreement DALLAS, TX, Mar 26, 2010 — China Crescent Enterprises, Inc. (OTCBB: CCTR) and Fonix Corporation (OTCBB: FNXC) today announced that they have agreed to the terms of a management agreement whereby China Crescent will assist in the management of the Fonix telecom industry-related software operations in China currently conducted by Fonix’s subsidiary, Shanghai Gaozhi Software Systems Limited. The management agreement is part of a contemplated strategic business transaction between Fonix and China Crescent currently under development.
The two Companies currently have complementary business concerns in China, and the contemplated strategic business transaction would include China Crescent acquiring telecom industry-related software operations in China currently owned by Fonix. Management of both Companies considers the strategic business transaction mutually beneficial. The Companies have been exploring a mutually beneficial opportunity for over a year and anticipate that this first contemplated step could lead to a long-term cooperation between the Companies that enhances shareholder value for both Companies.
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Source:http://satellite.tmcnet.com/news/2010/03/31/4701872.htm
