M2 PRESSWIRE-May 23, 2011-OTC Tip Reporter: Max Media Group, Inc. (PINKSHEETS: MXMI), InoLife Technologies, Inc. (OTCBB: INOL), 3Power Energy Group Inc. (OTCBB: PSPW): Sign up for our FREE Stock Picks Today!(C)1994-2011 M2 COMMUNICATIONS
RDATE:23052011
www.OTCtipReporter.com Max Media Group, Inc. (PINKSHEETS: MXMI), InoLife Technologies, Inc. (OTCBB: INOL), 3Power Energy Group Inc. (OTCBB: PSPW)
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Max Media Group, Inc. Acquires Suncoast Custom Cars and Launches Suncoast Speed and Custom Cars
TARPON SPRINGS, Fla., May 23, 2011 -- Max Media Group, Inc. (Pink Sheets: MXMI), announced today that it has closed the acquisition of Suncoast Custom Cars and has launched Suncoast Speed and Custom Cars in our restoration and repair facility which is the largest in the S.E. US. Glenn Ramdas the founder will stay on as GM.
James Grady CEO of MXMI. Stated, "Obviously luxury transportation is our biggest foot print. With Glenn and his team now part of our organization we have added not only a premier automotive talent but 25 years of credibility."
Glenn Ramdas of Suncoast over the years has been a innovator in Pro-Touring muscle cars (modern suspension, fuel injected and carbureted). Invited to the Plymouth Muscle Car trouble shooting competition. Invited to build a one off car to be photographed for Car Craft Magazine. Invited to build a 1970 Baracuda for Mopar Muscle Magazine. Custom built over 50 Classic, Pro-Touring, and trucks.
About Max Media Group, Inc.
Max Media is a leading developer of providing monetized content to high-end, high impact social-based online community markets. As the internet's content models shift in 2011 and beyond, Max Media's portals will enable the general public to create and organize their own news and information; anyone anywhere can upload breaking news stories and high end luxury items for sale by text, photo or video through cell phones, mobile devices on the Max Media Groups websites.
Max Media Group, Inc. operates a growing network of web sites including www.babelation.com, www.hotautoweb.com, www.hotrvweb.com, www.classiccorvettes.com, www.hotboatweb.com and www.hotcharityweb.com among others. Additionally, the Company owns the Maximum Motoring Radio Show (http://www.maximummotoring.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: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance.
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InoLife Technologies, Inc. to Release Commercial Spots for DNA-Based Products
RALEIGH, N.C., May 20, 2011 -- InoLife Technologies, Inc. (OTCBB: INOL), a service-based healthcare products development, integration and marketing company, has announced that it will release three additional commercial spots highlighting the company's DNA-based products.
Recently, InoLife appointed Wayne Wiggins as Vice President of Advertising. Mr. Wiggins is responsible for developing the commercials through his own production company, Wideshot Productions. The commercials and overall advertising are key components to InoLife's goal to achieve mass sales and brand recognition for its consumer-based DNA testing products.
InoLife's DNA-based products provide individuals with meaningful information about ancestry, genetic makeup, and potential predisposition to certain diseases.
"Showcasing our products in this format is part of InoLife's initiative to reach a broader consumer audience. This follows on the heels of our recent announcement that we plan to support each of our DNA-based product lines across all social media sites," said Gary Berthold, President and CEO of InoLife.
"Wayne has more than 30 years of experience in the film and television industry, and he's the winner of two Emmy Awards, so we are confident in his ability that the finished product will be of the highest quality with maximum results," said Berthold.
Two of the three commercial spots will be available in the next several weeks and ready for distribution via social media networks by next month.
About InoLife Technologies, Inc.
InoLife Technologies, Inc. is a leader in the development and marketing of state-of-the-art DNA Testing products within the US. The Company's mission is to aggressively identify, develop and deliver innovative and affordable healthcare products and services directly to the marketplace. By targeting cutting-edge DNA-based testing and reporting methodologies, the Company is able to significantly benefit the health and wellness needs of both individuals and their healthcare providers.
InoLife Technologies, Inc. has developed a range of products that will be sold directly to consumers through e-commerce, direct sales, pharmacies, retailers, distributors and healthcare providers. It also offers products that are sold only to physicians, hospitals, outpatient facilities and others in the medical community for use with their patients.
About Wideshot Productions
Wideshot Productions was founded and is headed by Wayne Wiggins, winner of two national Emmy Awards as well as numerous awards for the projects Wayne has produced and directed. As a member of the Writer's Guild, Wayne has written, produced, and directed a very wide range of projects in both videotape and film, including some of the earliest and most highly recognized infomercials ( The "Ginzu Knife" by Popiel), and most recently the "Proactiv" infomercial for Guthy- Renker. He's also done 30 and 60 commercial second spots, film documentaries, video news releases, training and instructional videotapes, editorials and infotainment television segments, television news reports, television advertising campaigns, and much more.
Forward-Looking Statements
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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3Power Energy Group Enters into 58MW Chile Project Acquisition Agreement
NEW YORK 5-19-2011 -- 3Power Energy Group Inc. ("3Power" and "the Company") (OTCBB:PSPW) (Frankfurt:PSD) is pleased to announce that the Company has entered into agreement to acquire two wind energy projects in Chile totalling 58MW (the "Projects").
The vendor has already obtained and/or is in the process of finalizing all the necessary regulatory and statutory agreements together with all permissions required for development of the Projects. 3Power is currently finalising negotiations on the Power Purchase Agreements and debt financing provisions for the Projects. The Company expects to provide the equity financing via the $50M credit facility provided by CR&P Holdings S.p.A. previously announced on March 11, 2011. 3Power expects to close the final Project Agreements very shortly and, upon closing, the Company intends to transfer the Projects to a recently formed wholly-owned Chilean subsidiary, 3Power Energia S.A.
The Company has also recently signed a letter of intent for the acquisition of a 47MW wind energy project in Ecuador to be developed and has made significant progress on the license acquisitions in Albania.
The Company intends to develop up to 3 GW of renewable energy projects over the next 3 years. The Company's combined project pipeline covers wind, solar, hydro and biomass development opportunities in Chile, Ecuador, Peru, France, Italy, Greece and Albania. The Company is currently in the process of securing rights for the development of an aggregate of 300 MW of renewable energy generation during the course of 2011.
About 3Power Energy Group
3POWER is emerging as a world-wide independent major player in producing electricity generated by solar, wind, hydro, biomass and other renewable energy resources and to develop, build and operate power plants based upon these technologies. The Company plans to develop clean, sustainable power generation and become a trusted energy provider to utility companies and corporate entities around the world. The Company expects to establish its headquarters in London, with satellite offices and operations in North America, Latin America, Europe, and Asia. For further information: www.3powerenergy.com.
Forward Looking Statements
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to 3Power, its business and prospective development plans. These forward-looking statements can be identified by the use of terminology such as "subject to," "believe," "expects," "plan," "project," "estimate," "intend," "may," "will," "should," "can," or "anticipates," or the negative thereof, or variations thereon, or comparable terminology, or by discussions of strategy. Although all of the forward-looking statements set forth in this press release are believed to be reasonable, actual results may differ materially from those expressed in forward-looking statements as a result of factors outside of the control of 3Power. 3Power cannot provide assurances that any prospective matters described in the press release will successfully occur, close or otherwise be completed or that 3Power will realize the anticipated benefits of any such transactions. Important factors that may cause actual results to differ materially from those expressed in the forward-looking statements are discussed in 3Power's Securities and Exchange Commission filings. Readers are cautioned not to place undue reliance on forward-looking statements. 3Power does not undertake and specifically disclaims any obligation to update, republish or revise forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events. All forward-looking statements should be regarded solely as 3Power's current plans, estimates and beliefs.
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