RESTON, Va., July 7, 2004 (PRIMEZONE) -- Global Explorations Inc.'s (Pink Sheets:GXXL) SMS software will be used to power the Coastal Holdings Inc. (Pink Sheets:CSJJ) website. Customers can sign up to receive information to their cell phones. The company shall also distribute press releases and facilitate public relations.
"With our SMS technology, Coastal Holdings Inc. will be able to start generating their own customer database. This will help increase sales over the Internet," stated Atul Mehta, PR Manager for Global Explorations Inc.
Global Explorations Inc is quoted on NQB Pink Sheets as "GXXL."
About Global Explorations Inc.
Global Explorations in association with MillenniumSMS (http://www.MillenniumSms.com) develops SMS software for consumers and businesses. The company in the process of building a worldwide database of cell phone numbers which can be used as a marketing vehicle.
About Coastal Holdings, Inc.
Coastal Holdings, Inc. (Pink Sheets:CSJJ) is pleased to announce that it is in negotiations to acquire a 35%-45% equity interest in BioMedicom Inc. (BIOMED). BIOMED will be an exhibitor at the International Congress of Radiology to be held June 27-29, 2004 at the Palais des Congres de Montreal. CSJJ CEO Andrea Cortellazzi will be in negotiations with BIOMED CEO Michael Berman prior to the start of the Congress in Montreal. CSJJ will announce the outcome of this meeting at a future date. The investment in BIOMED will be for a total of $2M with an initial deposit of $300,000 upon contract signing. As part of the investment, CSJJ would receive distribution rights in North America to SONOReal, a revolutionary add-on to any ultrasound system. This product makes 3D ultrasound imaging easy to learn, use and afford. It increases the productive life of an existing ultrasound system, enabling 3D visualization in real-time, while maintaining familiar protocols. SONOReal has received several regulatory clearances, notably from the ISO and the FDA.
For more information on CSJJ, please phone Andrea Cortellazzi at 647-886-2703 or visit the Company website at http://www.coastalholdings.com.
CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.