TuesdayFeb 26, 2008 5:02 am

Almaden Minerals Ltd. (AAU) Announces Diamond Drilling Program at Viky Project; Acquisition of Stake in Caldera Project

Almaden Minerals Ltd. (AAU) recently announced that Apex Silver Mines Ltd. has begun a diamond drilling program on Almaden’s wholly owned Viky silver lead zinc project located in western Coahuila State, Mexico. Almaden is a mineral exploration and development company and currently has an interest in 22 properties under active exploration. Under the terms of a February 2007 agreement between the companies, Apex Silver can earn a 60% interest in the property by making expenditures totaling US $5.6M and cash payments of US $1.35M over 5 years from the date of signing. Almaden received a 43-101 compliant technical report from…

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TuesdayFeb 26, 2008 4:53 am

Varsity Group Inc. (VSTY) Enters Into Definitive Merger Agreement for $0.20 per Share

Varsity Group Inc. announced February 25th it has entered into a merger agreement with subsidiary of Follett Corporation, the nation’s largest provider of library materials and technology to K-12 schools, the leading operator of college bookstores, and major distributor of textbooks at all levels of education. Proceeding after the merger agreement, Follett will acquire all outstanding shares of Varsity Group for $0.20 per share in cash and is expected to commence in the next two weeks. The tender offer is subject to a number of closing conditions and is currently expected to close in the second quarter of 2008. This…

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TuesdayFeb 26, 2008 4:50 am

Lithium Technology Corporation (LTHU) Receives $4.7 Million Order For Hybrid Bus Application for Joint Program

Lithium Technology Corp. is a leading manufacturer in the Lithium battery market (large rechargeable). They have announced the receipt of an order for a hybrid buss application of approximately $4.7 million in a joint program with Kettering University and TransTeq. Dr. Klause Brandt, CEO of Lithium Technology Corporation said, “LTC is very pleased to be part of this outstanding team and the technology of choice for this hybrid bus project in Michigan. Today we demonstrate our ability to supply large batteries that meet the most stringent demands and that are safe and reliable.” As an alternative to the current diesel-powered…

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TuesdayFeb 26, 2008 4:47 am

New Chief Financial Officer Joins EnDevCo, Inc. (ENDE)

Joseph Lessard was named as Chief Financial Officer and Vice President Americas for EnDevCo, Inc, a developed energy company. CEO Chris A. Dittmar stated, “Joe Lessard has eighteen years of ‘hands on’ entrepreneurial experience in energy development and power plan operations. His broad business development and structural finance experience will help us accelerate revenue generation from our current asset base in the United States and South America.” The previous company Mr. Lessard served as Vice President where, under his leadership, the company successfully entered the power markets in Peru, Boliva, Argentian and Chile. Mr. Lessard was directly responsible for negotiating…

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MondayFeb 25, 2008 7:19 pm

Natural Gas Services Group, Inc. (NGS) Announces Move to New Warehouse; Fiscal and Third-Quarter Fiscal Results

Natural Gas Services Group, Inc. (NGS) announced its move to a new fabrication, warehouse and office facility located in Midland, Texas. The building contains approximately 48,500 square feet of fabrication and warehouse space, plus 3,200 square feet of office spaced on approximately 9.30 acres of land. The facility will double the company’s fabrication space for rental compression equipment and enable expansion of Natural Gas’s rental fleet, according to Stephen Taylor, chairman; president and chief executive officer of the company. The company will sell its present facility. The company also announced its third quarter and year-end fiscal results as of December…

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MondayFeb 25, 2008 4:34 pm

Time Warner (TWX) – A Lumbering Giant

Time Warner (NYSE: TWX), the world’s largest media company, known for everything from CNN to Superman, is made up of five main divisions. They are AOL, with its interactive operations; Time Warner Cable (NYSE: TWC), which features high-speed digital phone and cable; Film and Entertainment, which is the television, video and distribution division, Network, which features their cable and broadcast networks; and Publishing, which is largely their print magazine division. Time Warner Cable is a publicly traded company of which the parent company, Time Warner, owns 84%. The Network division is largely comprised of the former Turner Broadcasting System properties,…

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MondayFeb 25, 2008 12:39 pm

Seamless Wi-Fi, Inc.'s (SMWF.OB) Promotes its S-XGen™ Device

Last week was a busy week filled with many activities for Seamless Wi-Fi, Inc. The week started out with a stock symbol change, then the famed electronics personality Dr. Gadget (AKA Dave Dettman) presented the S-XGen™ on the "Montel Williams" television show that was viewed by over 2.5 million people, and finally, the S-XGen™ was presented at the Capital Home & Garden Show in Dr. Gadget booth. Dr. Gadget or Dave Dettman is a nationally known television and radio personality, and it’s no wonder that the company is very excited to have him as a part of the promotion team…

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MondayFeb 25, 2008 12:23 pm

The U.S. Social Security Awards a $220MM Contract to Tri-S Security Subsidiary (TRIS)

Paragon Systems (Tri-S Security subsidiary) announced that it has been awarded a $220MM contract from the US Social Security Administration. Beginning April 1, 2008 the contract will run over a ten year period. Located in Woodlawn, MD, approximately 500 guards, supervisors and administrative personnel will be assigned to the national headquarters of the US Social Security Administration and the national computer center. Paragon Systems was chosen out of more than 25 other competing companies for this contract. “We are very pleased to be the sole company selected by the US Social Security Administration for this contract. This selection demonstrates the…

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MondayFeb 25, 2008 12:21 pm

TM Media Group (TMMG) Continues U.S. Patent e-Commerce Processes for Online Role-Playing Games

TM Media announced that they are continuing to move forward with the filling process for a U.S. Patent per specific e-Commerce processes for online Role-Playing Games. Filed with the U.S. Patent and Trademark Office, the patent application includes 20 specific claims for methods of using actual currency in Online role-playing games. The company recently responded to the U.S. Patent and Trademark Office action on Patent fling 10/907,212 addressing specific features and options unique to the role-playing platform. TM Media Group’s methodology describes how the application may allow end users to use and wager cash within the online role-playing games and…

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MondayFeb 25, 2008 12:19 pm

Finisar Corp. (FNSR) To Provide FLEDGE Platform to Telecom System Companies

Finisar Corporation is a technology leader in fiber optic solutions for high-speed access and has partnered with Nistica, a global supplier of agile optical modules, to provide FLEDGE reconfigurable add/drop optical multiplexers to telecom system companies in Europe, North America and Chine sales channels. In an earlier announcement from Mistica, Finisar has taken part in a $9 Million Series B funding round for the three year old New Jersey company. This investment by Finisar positively declares the company’s commitment to provide customers with leading edge technology for a gradually developing optical communications market. As per the partnering agreement, Finisar will…

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