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Verizon Wireless Ranks in Top 10 of Training Magazine's Top 100 List and Diamond I Appears in Broadband Wireless Exchange Newsletter

23 March 2006

Wireless Communication industry news provided by Financial News USA (OTC: FNWU) Verizon Wireless (NYSE:VZ), owner of the nation's most reliable wireless network, announced recently it has been named to Training magazine's 2006 list of "Top 100 Training Organizations in America." This is the fifth consecutive year Verizon Wireless has been recognized for its training and development programs. The company ranked No. 6 this year, up from No. 14 last year. Internet services company Softbank said Friday it is acquiring British mobile phone company Vodafone's (NYSE:VOD) struggling Japan unit for 1.75 trillion yen, or $15 billion, a move that will greatly boost Softbank's foray into the cell phone business. The purchase of 97.7 percent of Vodafone Group PLC's Japan unit will allow Softbank to take over the more than 15 million Japanese users who have signed on to the carrier, as well as its mobile network, instead of building it from scratch.


Diamond I, Inc. (OTC BB:DMOI), a developer of wireless gaming products, recently advised that it was featured in the March 13, 2006, edition of the Broadband Wireless Exchange Newsletter, the "world's largest source of broadband wireless information." In the article, Diamond I discusses the expected adoption of final regulations implementing Nevada Law 471, which authorizes the use of mobile communication devices for gaming, like Diamond I's WifiCasino GS(TM) wireless gaming system, in public areas in Nevada casinos. Covering breaking news stories is now a snap more than ever for journalists. The Associated Press news service has teamed with Sprint (NYSE:S) to help reporters file broadcast-quality breaking news video over the nationwide Sprint Power Vision(SM) (EV-DO) Network using SNAPfeed, a store and forward video application developed by the AP.


About Financial News USA


Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA 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.financialnewsusa.com Contact Information:


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