Perfumania Holdings, Inc. (NASDAQ:PERF) has entered into a new $225 million senior secured revolving credit facility with a syndicate of banks for whom Wells Fargo Bank, National Association acts as Administrative Agent, Collateral Agent and Swing Line Lender. The initial proceeds of the new facility were used to refinance the Company's existing senior credit facility, which was due to expire in August 2011. The new facility will be used for working capital and other general corporate purposes.
Perfumania Holdings, Inc. engages in the manufacture, wholesale, and retail of designer fragrances and related products in the United States. The company distributes designer fragrances to mass market retailers, drug and other chain stores, retail wholesale clubs, traditional wholesalers, and other distributors.
GreenHouse Holdings, Inc. (OTCQB:GRHU) reported that it has been engaged to implement Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program for three commercial/industrial customers. The customers include the PepsiCo® Carson bottling facility, Sigma Plating and CRP MB Studio, LLC.
GRHU estimates that the projects will generate $500,000 in revenue to the company. This projection is based upon approximately 1,500 kW or 1.5 MW of electricity demand reduction and infrastructure improvements from the engagements. GreenHouse is a qualified service provider of SCE's Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and installation of enabling technologies including complete processing of all utility documents.
"Auto-DR is a rapidly growing aspect of our energy efficiency portfolio that can reap benefits for a wide range of commercial and industrial organizations, as evidenced by the diversity of these three unique customers," said Russ Earnshaw, President of GreenHouse. "We are very pleased to be working Sigma Plating and CRP MB Studio to help them take advantage of Southern California Edison's Auto-DR program. Management is extremely fortunate to assist another PepsiCo facility in their conservation efforts."
GreenHouse Holdings, Inc. is a San Diego, California based integrator of some of the world’s most innovative environmental, public safety, infrastructure technologies. GreenHouse provides systems that are financially sound and sustainable to residential, commercial, industrial and government markets around the globe. GreenHouse provides energy-efficiency products, energy management systems, eco-friendly infrastructure, scalable waste-to-fuel bio-fuel and closed loop systems, as well as other proprietary technologies and products that are utilized to provide a greener and safer future for millions of people.
For more information about this company please visit http://www.greenhouseintl.com/
Crown Equity Holdings Inc. (CRWE.OB) - According to ABI Research, the latest global business VoIP services forecasts show that the value of the overall market, which includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services, is set to double over the next five years, to exceed $20 billion by 2015.
CRWE subsidiary company, Crown Tele Services Inc. is moving forward after dissolving its joint venture with Communication Expert Corporation and will gradually commence rolling out its internet based voice and video service IP-PBX solutions.
The company's subsidiary company, Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP (Voice over Internet Protocol) communication solutions specifically designed to meet the market needs.
Commenting on the venture, Kenneth Bosket, president said, "We are still excited with this opportunity to expand our footprint in this valuable market. The demand for internet-based voice and video services is growing exponentially and our new subsidiary Crown Tele Services Inc. has launched its new website and intends to emerge as a service provider of choice."
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing and Web sites, which bring together targeted audiences and advertisers that want to reach them. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
For more information about Crown Tele Services Inc. please visit http://www.crownteleservices.com
For more information about Crown Equity Holdings Inc. please visit http://www.crownequityholdings.com
Rick's Cabaret International Inc. (NASDAQ:RICK) had sales of $20.4 million at its nightclubs in its first quarter of fiscal 2011, a gain of 4.3 percent over the previous year total of $19.6 million. Revenues for October, November and December rose at the company’s two largest clubs, Tootsie’s Cabaret in Miami and Rick’s Cabaret in New York City. Other clubs showing significant gains were the Rick’s Cabarets in Fort Worth and San Antonio, Cabaret North in Fort Worth and Club Onyx in Dallas.
Ricks Cabaret International, Inc., through its subsidiaries, owns and operates upscale adult nightclubs serving primarily businessmen and professionals in the United States.
Flextronics International Ltd. (NASDAQ:FLEX) reported that Jonathan S. Hoak will be joining the Company as general counsel effective February 1. Hoak served as senior vice president and general counsel at NCR Corporation for 13 years where he oversaw all legal matters for NCR's global operations. Most recently, Hoak served as vice president and chief ethics and compliance officer at Hewlett Packard, where he led the strategy and implementation of HP's ethics and compliance program, including adherence to the company's Standards of Business Conduct. Jon's extensive experience in leading legal matters at global technology organizations will be a great fit for Flextronics," said Mike McNamara, CEO of Flextronics.
Flextronics International Ltd. provides design and electronics manufacturing services to original equipment manufacturers of a range of products in the infrastructure; mobile communication devices, computing, consumer digital devices.
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