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DFG, NUEC, TTWO - Investor News Stock Update!
By : The Editor , Thu, 09 Sep 2010

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Nu Earth acquires AB Tech to increase its product line

NuEarth Corporation (PINK: NUEC) has entered in an agreement to acquire AB Technology. It is believed that the merger of both companies will create synergies which will result in yield of $2.1 million to current product portfolio and additional products will further add $7.5 million to top line.

AB Tech based in SA of Lokeren, Belgium is a main provider of green biodegradable cleaners and paint strippers in Europe.

Incorporated in 1982 AB Technologies has a huge product line of green biodegradable cleaners.
AB Tech total revenue for 2009 stood at $4 million.

The merger between NuEarth and AB Tech is perceived to end in a major breakthrough in product portfolio of both companies. By joining hands of both companies a new platform will be formed offering the most innovative biodegradable cleaners.

CEO NuEarth Levi Modelevi stated, “This merger makes tremendous sense for our clients, shareholders and employees. It marks an unparalleled opportunity for two successful, mission- driven organizations to unify with a singular focus on being the premier partner for our clients in need of clean solutions on a global basis, together with our clients, we have one of those rare and special opportunities to truly improve the quality and efficiencies of our clients on a global scale.”

Recent Press:

NuEarth Signs Joint Venture Continuation Agreement with Laboratorio Internazionale Agricoltura, S/p/A and Signs Two $750,000 Agricultural Modeling Contracts for a Total of $1.5 Million in New Laboratory Contracts

NuEarth Corporation (Pink Sheets:NUEC.pk - News) (”NuEarth”), a manufacturer and marketer of “Clean & Green” products and technology, this morning announced that the company’s Laboratory and Research Division “TerraSolv SA” has renegotiated and finalized its Joint Venture Agreement with Laboratorio Internazionale Agricoltura, S/p/A (”LIA”) of Italy.

The Finalizing of the Joint Venture Continuation Agreement brings 2 new laboratory projects to TerraSolv. These projects are currently valued at more than $1.5 Million over the three-month work schedule starting in October 2010.

However, each contact has provisions that could triple the final contact value to more than $6 Million USD over their 12 month life cycle. “We’ve seen incredible value from the lab, which has paid for itself several times over in its first year of operations.

It represents a new, higher standard for doing business in IT throughout the environmental and agricultural industries. We’re taking more risk out of the system, putting more structure into it, suffering less downtime and delivering higher-quality services,” said Levi Modelevi - CEO of NuEarth Corporation the parent of TerraSolv SA. The TerraSolv SA Laboratory has generated more than $32 Million over its 3 year existence – Mostly due to the Joint Venture with Laboratorio Internazionale Agricoltura, S/p/A.

The joint venture will continue to utilize the TerraSolv SA state-of-the-art development and testing lab currently being relocated to the United States of America. This data center, which collects data from clients around the world to run projects ranging from usability, capacity, spread and weather modeling and performance testing.

The heart of the laboratory is a 225-gigabyte database of environmental and agricultural project records running on six HP servers and two Novell servers storing the data and running the software being tested.

NuEarth is a company dedicated to bringing to market “Clean Solutions to Complex Problems” by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world.

www.nuearthcorp.com

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http://www.delphifin.com

Delphi Financial to Present at Barclays Capital Global Financial Services Conference on September 14, 2010

Delphi Financial Group, Inc. (NYSE:DFG) announced today that Donald A. Sherman, President and Chief Operating Officer, will present at the Barclays Capital 2010 Global Financial Services Conference in New York on Tuesday, September 14, 2010 at 2:00 pm Eastern time.

Delphi Financial Group, Inc. is an integrated employee benefit services company. Delphi is a leader in managing all aspects of employee absence to enhance the productivity of its clients and provides the related group insurance coverages: long-term and short-term disability, life, excess workers’ compensation for self-insured employers, large casualty programs including large deductible workers’ compensation, travel accident, dental and limited benefit health insurance.

Delphi’s asset accumulation business emphasizes individual annuity products. Delphi’s common stock is listed on the New York Stock Exchange under the symbol DFG.

www.delphifin.com

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http://www.rockstargames.com

Rockstar Games Announces Grand Theft Auto: Chinatown Wars HD on the App Store

Rockstar Games, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), today announced that Grand Theft Auto: Chinatown Wars HD is now available on the App Store. The critically acclaimed title brings the intense, story-driven action to the iPad with updated, high-definition graphics.

Grand Theft Auto: Chinatown Wars HD is the latest game in the ground-breaking Grand Theft Auto series. The handheld title marries the best gameplay elements of the Grand Theft Auto series and offers deep, fast-paced adventures with intuitive touch screen controls to gamers-on-the-go.

Featuring more than 50 missions and countless side activities, the title follows the tale of Huang Lee as he navigates the dangerous criminal underground of Liberty City. Grand Theft Auto: Chinatown Wars HD also includes Independence FM, an innovative way to customize the soundtrack using music from your iTunes library.

Grand Theft Auto: Chinatown Wars garnered rave reviews from top critics, becoming the highest-rated handheld title of this console generation.

Headquartered in New York City, Take-Two Interactive Software, Inc. is a global developer, marketer and publisher of interactive entertainment software games for the PC, PlayStation®3 and PlayStation®2 computer entertainment systems, PSP® (PlayStation®Portable) system, Xbox 360® video game and entertainment system from Microsoft, Wii™, Nintendo DS™, iPhone®, iPod® touch and iPad™.

The Company publishes and develops products through its wholly owned labels Rockstar Games and 2K, which publishes its titles under 2K Games, 2K Sports and 2K Play. The Company’s common stock is publicly traded on NASDAQ under the symbol TTWO.

www.take2games.com

 

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