Monday, June 30, 2008

GE Lighting Systems Unveils LED Street Lights

Making the Sunshine State a Little Brighter:

GE Lighting Systems Unveils LED StreetDreamsT at 2008 Annual Conference of Mayors


76th Annual Conference of Mayors

HENDERSONVILLE, N.C.-- June 30, 2008 --GE Lighting Systems, Inc., part of GE Consumer & Industrial, recently showcased its new LED StreetDreamsT post-top fixtures at the 76th Annual Conference of Mayors in Miami, Florida. From June 20-24, more than 250 mayors from cities all over the United States descended upon Miami, and GE offered them a sneak peek at one of its latest energy-efficient lighting solutions.

GE provided six of its LED StreetDreamsT luminaires for the event. The new lighting system was installed in the median along Pan American Drive leading up to Miami City Hall.

Municipal leaders are known to be major influencers in the specification and purchase of energy-efficient metropolitan lighting solutions. As downtown revitalization planning has become increasingly sensitive to environmental impacts, LED StreetDreamsT is expected to resonate well with mayors and other municipal authorities because of its energy-efficient LED technology and chic post-top design.

LED StreetDreamsT post-top fixtures will be introduced to the broader market in 2009.

StreetDreamsT is a trademark of the General Electric Company.

About GE Consumer & Industrial

GE Consumer & Industrial spans the globe as an industry leader in major appliance, lighting and integrated industrial equipment, systems and services. Providing solutions for commercial, industrial and residential use in more than 100 countries, GE Consumer & Industrial uses innovative technologies and "ecomagination," a GE initiative to aggressively bring to market new technologies that help customers and consumers meet pressing environmental challenges, to deliver comfort, convenience and electrical protection and control. General Electric (NYSE: GE) brings imagination to work, selling products under the Monogram®, ProfileT GE®, Hotpoint®, SmartWaterT Reveal® and Energy Smart® consumer brands, and Entellisys® industrial brand. For more information, consumers may visit www.ge.com.

Contacts

General Electric
David Schuellerman, 216-266-9702
david.schuellerman@ge.com

Saturday, June 28, 2008

Web Site Protects Home Renters When Foreclosure Crisis Threatens

Foreclosure Crisis Threatens Potential Home Renters But One New Web Site Offers Protection

Many looking for rental homes risk costly problems and future evictions without realizing it, but CheckForForeclosure.com has an easy solution.

Los Angeles, CA - June 28, 2008 -- Alarming numbers of would-be home renters sign expensive leases and rental agreements not knowing that the homes they are about to rent are already in foreclosure. Fortunately, people who are searching the classifieds for a rental home can take advantage of a new service and Web site - CheckForForeclosure.com, Giving Renters the Notice they Need (
http://www.CheckForForeclosure.com) - that provides access to inside information about potential landlords and lets would-be renters know if they are about to walk into a trap.

The newest tragic twist in the nationwide mortgage and housing crisis is creating havoc and distress for many unwary consumers. Very few people who shop for a rental home are even aware of the growing problem, and fewer still know how to protect themselves from signing up for a disaster when they go out to look for a rented or leased home, condo, or apartment. In some cases those who sign new leases are evicted within days of moving into a home or apartment - without refunds of payments or deposits.

CheckForForeclosure.com was created by knowledgeable real estate industry professionals to specifically address the needs of consumers who might otherwise become ensnared in the renters in foreclosure crisis. Some classified ad pages in foreclosure-prone cities are riddled with listings for rentals that are - although innocent consumers do not realize it - about to be repossessed by banks and mortgage companies. Unless someone shopping for an apartment or home rental has the ability to look beyond the advertising hype and spin and find out which rentals are dangerous, there is no way to pick the winners from the losers. Looking for a rental becomes a game of Russian roulette unless consumers take steps to get the information they need to make safe and informed choices.

Bankers and landlords are not required by law to disclose an imminent foreclosure to a renter, and real estate laws generally protect landlords and lenders while offering little help for victimized renters. That leaves renters to fend for themselves, so taking the time and making the effort to investigate the foreclosure filing status (
http://www.CheckForForeclosure.com) of a potential rental property is a wise investment and a good insurance policy against foreclosure rental headaches and heartaches. In today's treacherous housing environment, it pays to take full advantage of services like those offered by CheckForForeclosure.com to ensure peace of mind for one's family.

Contact Information
Steve Gold
SG1 Investments, Inc.
http://www.CheckForForeclosure.com
702-987-4846

Tuesday, June 24, 2008

Three New Practical Mortgage Industry Guides

AllRegs Releases Three New Practical Guides

EAGAN, Minn.-- June 24, 2008 --AllRegs, the leading publisher of guidelines for the mortgage industry, announced the release of three new online Practical Guides focused on mortgage servicing. The titles include Escrow Analysis, FHA Foreclosure and Mortgage Servicing.

"The state of the mortgage industry has created a new set of challenges for servicing departments," said Dan Thoms, senior vice president of AllRegs. "These Practical Guides specifically target issues of specific concern to today's mortgage servicing professionals."

Practical Guides are searchable online instruction manuals for a given topic. These virtual how-to guides are concise, complete bodies of work that use the AllRegs search engine with direct links to online regulations. Content is plainly written with easy-to-follow charts, worksheets and forms. Each guide is available exclusively through AllRegs and features liberal site licensing, allowing registered users to simultaneously access their own virtual copy to bookmark and annotate as they please.

Practical Guides are also available through the Learning Pass subscription program. On both an individual and corporate-wide basis, Learning Pass subscribers have access to all seven practical guides and over 20 self-study online courses at a low annual cost.

Should you have any questions regarding the practical guides or the Learning Pass subscription program, please contact AllRegs Customer Service at (800) 848-4904 Monday through Friday between the hours of 8:00 a.m. and 6:00 p.m. CDT or e-mail help@allregs.com.

About AllRegs:

First introduced in 1989, AllRegs is used by virtually all of the top 100 lenders as well as throughout numerous governmental agencies, including Fannie Mae, Freddie Mac, the FHLBs, FHA, VA, RHS, Ginnie Mae, and more. AllRegs is the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single and Multi-Family Seller/Servicer Guides, The Federal Home Loan Banks' MPF Program Guidelines, and CalPERS' Member Home Loan Program Guidelines. Products include single and multifamily underwriting & insuring guidelines as well as federal compliance laws and regulations, state compliance laws and regulations with plain-language analyses, contract publishing services for retail and wholesale lenders and a library of historical guidelines. The educational division, AllRegs Academy, offers distance learning, classroom training, and a series of online Practical Guides. For more information call (800) 848-4904 or go to www.allregs.com.

Contacts

Media contact for AllRegs
Meredith Boyd, 678-781-7219

Monday, June 16, 2008

Financial Services Top 10 Criticisms on Insurance Market Conduct

Wolters Kluwer Financial Services Identifies Top 10 Criticisms on Insurance Market Conduct Exams

WALTHAM, Mass.-- June 16, 2008 --To help insurance companies avoid noncompliance violations, Wolters Kluwer Financial Services has released its annual list of the top 10 reasons insurers are found to be out of compliance during market conduct examinations.

Wolters Kluwer Financial Services' Insurance Compliance Solutions group reviewed and analyzed the content in last year's market conduct exams from across the United States, and assigned the criticisms to various categories. The categories with the most criticisms comprise the top 10 lists for property and casualty insurance, and life and health insurance.

"This research helps serve as a checklist for insurers so they can assess noncompliance risks," said Kathy Donovan, manager of Government Relations for Insurance Compliance Solutions at Wolters Kluwer Financial Services. "If regulators were to conduct an audit today, these are the key areas that would be looked at. So insurers need to ask, 'How would our organization fare?'"

Wolters Kluwer Financial Services' industry research shows that the top 10 most common market conduct compliance criticisms for property and casualty insurance are:

1. Failure to acknowledge, pay or deny claims within specified time frames

2. Failure to properly terminate a policy, including inadequate days' notice and omitted required language

3. Improper documentation of claim files

4. Using unapproved or unfiled rates and/or rating errors

5. Failure to provide required disclosures (such as selection/rejection or coverage notices in the underwriting process or notices such as statute of limitations, reasons for denials, and bill of rights in the claims process)

6. Failure to provide notification of producer appointments or terminations

7. Improper documentation of underwriting and policy files

8. Failure to communicate a delay in the settlement of claims in writing

9. Using unapproved or unfiled forms

10. Failure to produce requested records for an examination

The top 10 most common criticisms for life and health insurance are:

1. Failure to acknowledge, to pay or deny claims within specified time frames

2. Using unapproved, unfiled and/or noncompliant forms that do not provide mandated benefits

3. Failure to provide required disclosures, such as Explanation of Benefits statements, coverage issues, or guaranty fund notices

4. Failure to adhere to advertising requirements

5. Failure to adhere to replacement requirements

6. Failure to provide notification of producer appointments or terminations

7. Using unapproved, unfiled rates and/or rating errors

8. Failure to adhere to grievance and appeals and utilization review requirements

9. Improper documentation of claim files

10. Failure to properly terminate a policy

"It's a challenging, ongoing task for insurers to monitor the regulatory environment and make sure they are continually in compliance with requirements governing the industry," said David Evans, vice president and general manager of Insurance Compliance Solutions at Wolters Kluwer Financial Services. "This research is yet another tool we can offer insurers to help them identify potential problem areas and prevent the negative impact of noncompliance on their organization and their customers."

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization's prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services®, AppOne®, GainsKeeper®, CCH® Capital Changes, NILS, AuthenticWebT, Uniform FormsT and CCH® Wall Street.

Wolters Kluwer Financial Services' solutions include integrated and stand-alone compliance and workflow tools, documentation, analytics, authoritative information and professional services. Customers include banks, credit unions, mortgage lenders, and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of ?3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Visit www.WoltersKluwer.com for information about our market positions, customers, brands and organization.

Contacts

Wolters Kluwer Financial Services
Angela Peterson, 612-656-7745
Senior Public Relations Specialist
angela.peterson@wolterskluwer.com

Friday, June 06, 2008

Plans to Bring Destination Retail to Canterbury Park Announced

Canterbury Park and Red Development Announce Plans to Bring Destination Retail to Canterbury Park

The proposed development would enhance the entire Canterbury experience


SHAKOPEE, Minn.-- June 05, 2008 --Canterbury Park Holding Corporation (AMEX:ECP) today announced that it has entered into a letter of intent with RED Development, LLC, a Kansas City based retail developer, to be its exclusive partner in a proposed retail and entertainment development on part of the Company's property in Shakopee, Minnesota. The goal of the proposed development is to build upon Canterbury Park's position as one of Minnesota's best known entertainment venues to create a dynamic, multi-faceted retail and entertainment destination in one of the fastest growing areas of the country.

Under the terms of the agreement, the Company and RED will jointly determine the feasibility of a master-planned retail, entertainment and mixed-use development. The proposed development will be integrated into the existing Racetrack and Card Club property to expand dining, shopping and retail opportunities to visitors of the park, as well as provide entertainment options to visitors of the new destination development. It is expected that the proposed development will be conducted in phases and will be located on land that is currently unused or underutilized.

Before construction of the project can begin, a number of conditions must be satisfied, including development of a mutually agreeable master plan, signing of definitive agreements between Canterbury Park and RED related to the proposed development, input from and approval by the City of Shakopee and Scott County, approval by the Minnesota Racing Commission, and arranging financing for the project.

RED Development has successfully developed other similar projects in the area. In 2003, they opened The Shoppes at Arbor Lakes, a 400,000 square foot lifestyle center in Maple Grove, MN. Not far away, on the east side of St. Paul, the 398,000 square foot Woodbury Lakes was opened in 2005. Both of these projects were done in partnership with Opus Development. Also among RED's more than 30 projects is The Legends at Village West located in Kansas City, Kansas. The Legends combines almost 1.5 million square feet of retail and entertainment and has attracted a great deal of national acclaim.

"We could not be more thrilled about this partnership," said Randy Sampson, President and CEO of Canterbury Park, "RED's experience in creating dynamic destination developments like the Legends project in Kansas City make them a perfect partner for us."

Steve Graham, Vice President of Destination Development for RED also commented: "We look forward to working with Canterbury Park, as well as the City of Shakopee and Scott County, to design a project that will be a first class asset to the City of Shakopee and a magnet for visitors to the region." Mr. Graham added, "Canterbury Park is such a quality facility, we believe it will provide an excellent spring board for retail, entertainment and other features that will increase the importance of Canterbury Park to the Shakopee community and the surrounding area."

About Canterbury Park:

One of Minnesota's largest and well-known entertainment venues, Canterbury Park hosts pari-mutuel wagering and card games at its facility in Shakopee, Minnesota. Pari-mutuel wagering is offered on live thoroughbred and quarter horse races each summer, and simulcast wagering on races held at out-of-state racetracks is available year-round. Canterbury Park's Card Club hosts a variety of poker and casino style card games 24 hours a day. Canterbury Park also derives revenues from related services and activities, such as concessions, parking, admissions, programs, and from other entertainment events held at the facility. To learn more about Canterbury Park, visit our website at www.canterburypark.com

About RED Development, LLC:

RED Development, LLC, formed in 1995, develops, leases, manages and owns shopping centers in rapidly growing communities throughout the country. The company primarily focuses on open-air, regional shopping centers, known as lifestyle centers. Additionally, the company has experience in the development of power and community centers. RED Asset Management was formed in early 2004 to provide property management services for RED's growing portfolio. RED has more than 30 centers open, in development, or under construction, totaling more than 16 million square feet. Within the industry, RED has earned a reputation for delivering as promised and creating strong relationships with its tenants, communities and business partners. RED has more than 200 employees and is co-headquartered in Scottsdale, Ariz., and Kansas City, Mo. To learn more about how RED is "REDefining" retail development, visit www.reddevelopment.com.

Cautionary Statement:

From time to time, in press releases, SEC filings and in other communications to shareholders or the investing public, the Company may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans which are typically preceded by the words "believes," "expects," "anticipates," "intends" or similar expressions. Shareholders and the investing public should understand that such forward-looking information and statements are subject to risks and uncertainties which could cause actual performance, activities or plans to differ significantly from those presented in the forward-looking statements. Such risks and uncertainties include, but are not limited to: material changes in the level of wagering by patrons, competition from other gaming venues, legislative and regulatory changes, failure to obtain regulatory approvals and/or financing needed for new initiatives and other factors discussed in the Company's SEC filings. For such forward-looking information and statements, the Company claims the protection of the safe harbor for forward-looking statements contained in federal securities laws.

Contacts

Canterbury Park Holding Corporation
Randy Sampson, 952-496-6429
rsampson@canterburypark.com
or
RED Development
Dave Claflin, 816-876-2547
Vice President Marketing
dclaflin@reddevelopment.com
or
Steve Graham, 816-777-2851
Vice President Destination Development
sgraham@reddevelopment.com

Monday, June 02, 2008

New Product Features Include Federal Analysis and Commentary; Pending Legislation

AllRegs Releases New Product Features: Federal Analysis and Commentary; Pending Legislation

EAGAN, Minn.-- June 02, 2008 --AllRegs, the leading publisher of guidelines for the mortgage industry, announces the release of online product enhancements allowing subscribers to access analysis and commentary on federal legislation or view pending state or federal legislation.

In addition to searching the comprehensive online database consisting of thousands of pages of government and conventional single family lending guidelines and forms, subscribers of the flagship Single-Family Lending Package can now access the following:

    * Plain-language analyses and interpretive summaries for major federal legislation dealing with the residential mortgage lending industry, with links directly to supporting statutes and regulations
    * Continuous updates with e-mail notification
    * Federal disclosures and other forms

This Federal Analysis and Commentary covers the following major federal legislation:

    * Alternative Mortgage Parity Transaction Act
    * Depository Institutions Deregulations and Monetary Control Act
    * Equal Credit Opportunity
    * Fair Housing Act
    * Fair Credit Reporting Act
    * Fair Debt Collection Practices Act
    * Garn-St. Germaine
    * Home Mortgage Disclosure Act
    * Home Ownership Protection Act
    * National Flood Insurance Act
    * Real Estate Settlement Procedures Act
    * Truth In Lending Act

A new feature within the State Compliance Package, Pending Legislation features all pending state and federal bills, from pre-file to enacted status. The notification feature of Pending Legislation can be considered an early warning system for future changes in processes and procedures. By keeping up with the progress of the legislation, users can revise processes in advance to accommodate the new law and regulation.

Bills are categorized and searchable by subjects, such as licensing, fraud, fees and more. Users will learn all of the details regarding the pending bill, including the bill number, category, title, date, status and summary. The status information will change as the bill changes, but the bill summary will remain the same. From each matrix, users can link out to the State Legislature's web site and view the bill's full text.

Should you have any questions regarding this product enhancement or if you'd like to see a demo, please contact AllRegs Customer Service at (800) 848-4904 Monday through Friday between the hours of 8:00 a.m. CT and 6:00 p.m. CT. or email help@allregs.com.

About AllRegs:

First introduced in 1989, AllRegs is used by virtually all of the top 100 lenders as well as throughout numerous governmental agencies, including Fannie Mae, Freddie Mac, the FHLBs, FHA, VA, RHS, Ginnie Mae, and more. AllRegs is the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single and Multi-Family Seller/Servicer Guides, The Federal Home Loan Banks' MPF Program Guidelines, and CalPERS' Member Home Loan Program Guidelines. Products include single and multifamily underwriting & insuring guidelines as well as federal compliance laws and regulations, state compliance laws and regulations with plain-language analyses, contract publishing services for retail and wholesale lenders and a library of historical guidelines. The educational division, AllRegs Academy, offers distance learning, classroom training, and a series of online Practical Guides. For more information call (800) 848-4904 or go to www.allregs.com.

Contacts

For AllRegs
Meredith Boyd, 678-781-7219

Sunday, June 01, 2008

Shopping Website Saves Bargain Shoppers Time

New Full Service Shopping Website saves Online Bargain Shoppers Time and Aggravation

FindMyBargains.com is a new full service bargain site that provides tools to help bargain shoppers easily find great deals online. They deal with the aggravation and you save time and money. Subscribe to the Bargain Hunter emails, see the deals of the day, shop their selected discount stores, do price comparisons or use their free personal shopping service. Saving money has never been so easy!

Mount Laurel, NJ  -  March 13, 2008 -- Every one is looking to save some extra money. Bargain shoppers know it takes a lot of time to find great deals online. Now The Bargain Hunter at findmybargains.com offers a full service, simply designed website that helps shoppers easily save money. They deliver a free service that saves shoppers the time of hunting through emails and searching online stores to find great deals. Shoppers can register with The Bargain Hunter in the shopping category or categories of their choice such as items for men, women or children, items for the home, electronics or tools and gadgets and start receiving weekly emails of the best bargains found online. Typically the deals found are highly rated and save the consumer 40 to 80% off the retail price. Visitors can also use the site to do price comparisons, search the bargain archives, find daily deals or submit a free personal shopping request.

Says Debra, an avid online shopper who registered with FindMyBargains, "I was impressed by the quality of selections and the helpful comments. The Bargain Hunter found me a great deal on a digital camera. It had a high consumer rating and saved me 50%! I don't know how long it would have taken me to find this bargain myself. They even let you know of other discounts available, like coupon codes and free shipping. What a great service!".

FindMyBargains was developed by Dolores Curley, an expert online shopper, who knows the best stores on the web and the ways to find the best bargains. "It takes a lot of time to find great deals. As a shopper myself I didn't always have the time and was looking for a better way to shop online. I was getting so many emails from all of the stores I had visited that it was getting ridiculous. I just couldn't keep up with all of the "secret sales" that were announced! That's when I came up with the idea of the Bargain Hunter. Now there is an easy way for online shoppers to find the best deals!"

Dolores explains, "We started in November 2007 with only bargain emails and expanded to the full service site we are today." Most recently added is the Free Personal Shopping Service. "We get all types of requests. The most unique so far was when a visitor asked us to compare meal delivery services. We found four services and compared all of the features. We try to answer all shopping requests and post our findings for all of our visitors to see."

You can choose to register for bargain emails or use the site to find your own bargains. Either way Find My Bargains is a refreshing bargain shopping site that is easy to navigate and offers shoppers a simple way to save time and money.

"We truly have taken the work out of bargain hunting for online shoppers!"

Find My Bargains, although newly developed, has already been recognized by the Cool Site of the Day in November 2007, by Women's World Magazine as a featured hot web site in their February11, 2008 issue and most recently received a Squeal of Approval from Mr Modem - web guru and publisher.

Press Contact: Dolores Curley
Company Name: Find My Bargains
Phone: 267-808-1889
Website:
http://www.findmybargains.com