stock & financial message boards
  Login  |  Register |  Site Map  |  Blogs |  Recent Activity  |  Members  | Glossary
Ticker/Industry
  Joined Today: 1

« Previous | All Messages |  AM Message Board Home | recommend post |  Ignore Poster

Message #4
From: TheMachine
Date: September 20, 2008 01:22:19 AM

PLATO Learning Adds John G. Lewis to Board of Directors and Wavelit, Inc. Announces Spin-Off of Subsidiaries


--(www.USEquityNews.com)-- 09/18/2008 - Business Services industry alert provided by U.S. Equity News. Business Services industry alert provided by U.S. Equity News. PLATO Learning, Inc. (NASDAQ: TUTR), a leading provider of K-adult e-learning solutions, recently announced that it has elected John G. Lewis as an independent member of its board of directors. Lewis brings to the Company's board nearly 20 years of operating experience in executive positions at several technology and manufacturing businesses. Most recently, he served as CEO of GeoLogic Solutions, where he helped lead the turnaround of this software provider. Prior to joining GeoLogic, Lewis was COO and CFO of XATA Corporation, a provider of fleet management systems to large distribution companies, and CFO of PrimeYield Systems, a manufacturer of high-performance components utilized in the testing of semiconductor devices. He holds a bachelor of science degree in Industrial Engineering from Northwestern University, and an MBA from the university's Kellogg Graduate School of Management. "We welcome John to the board and are excited for the software-as-a-service experience he brings to PLATO Learning," said David W. Smith, chairman. "John's proven success in executive positions at both public and private businesses, most notably software companies, will be a great asset as we continue to evolve our subscription business model. We look forward to working with John."

Ongoing innovations and updates to "tech" products have not only increased the efficiency with which people connect, they also have increased the amount of meaningful connections they are making. Thanks to advancements in new technologies and enhancements to traditional methods, recently's consumers are actually reaching out more often. According to a new survey commissioned by American Greetings Corp (NYSE: AM), 84 percent of consumers said they communicate with closest friends at least once a week, with 27 percent saying they reach out to closest friends daily. The survey, conducted by Synovate, the market research arm of Aegis Group plc, examined communication trends and relationships, and is one example of the work that the greeting card company does to better understand the changing habits and needs of consumers. The social expressions leader says that people recently embrace all forms of communication to ensure they are able to reach out to friends and family as often as they would like. In fact, 88 percent of survey respondents said that communicating with those closest to them was either extremely important or very important.

Wavelit, Inc. (OTC Bulletin Board: WAVL) announces recently its intention to spin-off three of its wholly owned subsidiaries: Galaxy Networks, Inc., Galaxy US Networks, Inc. and Stream Horizon Studios, Inc. pro-rata to all of the Company's public stockholders. According to CEO Kent Vaesen, "the spin-off of these subsidiaries will greatly assist in the restructuring of the company from an organizational and financial stand point and provide an upside to our share holders by giving them pro-rata interest in each spin-off company."

All Asia Licensing Inc. (Pink Sheets: AASI), recently announced that it accepted an invitation for its chief scientist to lead a workshop September 23-25 in China at a major international conference on little-known animal diseases. "This prestigious invitation from an arm of China's Ministry of Agriculture is a direct result of our recently-announced Letter of Intent to enter the bio research market to test for BSE (Bovine Spongiform Encephalopathy) also known as 'Mad Cow' Disease," according to Anthony Lee, CEO of All Asia Licensing. The National Diagnostic Center for Exotic Animal Disease of China is the main sponsor of the Third OIE (Office International des Epizooties Regional Workshop and Working Group Meeting on BSE and other Prion Diseases. The conference is also co-sponsored in Qingdao, People's Republic of China by its Animal Health and Epidemiology Center (CAHEC). The main topics at the conference will be the control of Mad Cow Disease, Rapid Prion Testing and Prion disease diagnosis. Prions are a family of rare progressive neurodegenerative disorders. The Letter of Intent announced between All Asia and its proposed joint venture partner is subject to change, completion of due diligence by both parties, creation of a final contract and approval of both Boards of Directors, among other things. All Asia Licensing Inc. is a major conduit for investors to access the rapidly growing Chinese economy. By acquiring a controlling stake in unique Chinese businesses, using its contacts to work with governmental agencies, providing capital and international-minded management, the Company enables these companies to prosper in their own industries. Working with small-to-medium sized companies, All Asia assists clients by using a comprehensive suite of services of business management, consulting services and technical support.

About U.S. Equity News

U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.

U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal. U.S. Equity News and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.USEquityNews.com.


Source: U.S. Equity News (September 18, 2008 - 8:30 AM EDT)

News by QuoteMedia
www.quotemedia.com

« Previous | All Messages |  AM Message Board Home | Ignore Poster