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American Uranium Corporation (OTCBB: AUUM)
American Uranium Corporation closed at $1.01 Friday, trading 3,500 shares.
Company News- January 14, 2008: American Uranium Amends Pinetree-Reno Creek JV Agreement
American Uranium Corporation ("American" or "the Company") (OTCBB:AUUM) announced earlier today an amendment securing full 60% rights to its cornerstone Reno Creek property. The Pinetree-Reno Creek JV property holds known historical resources totaling approximately 14M lbs U3O8 and has been demonstrated to be amenable to ISR mining.
AUUM CEO Dr. Bob Rich said, "I'm delighted with this improvement in the JV agreement with Strathmore, and am anxiously anticipating the start of permitting and other development activities at the Reno Creek deposit in early 2008. The removal of this provision is consistent with our strategy of moving this asset into production as soon as possible."
As part of the amendment, American Uranium Corporation agreed to increase its exploration and development expenditures from US $5 million to US $12.375 million to earn an initial 22.5% interest in the project. Strathmore agreed to rescind its 11% buyback provision under the terms specified by the original agreement. All other terms as per the original agreement remain unchanged.
About American Uranium Corporation
American Uranium Corporation (OTCBB: AUUM) is a uranium company focused on exploring and developing uranium properties in the United States. Current properties and potential future acquisitions give American the expectation of medium-term production. American Uranium successfully raised $6 million in August 2007, and there are currently 45,566,829 shares outstanding in the company.
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Stockgroup Information Systems Inc. (OTCBB: SWEB)
Stockgroup Information Systems Inc. closed at $0.54 Friday, trading 52,000 shares.
Company News- January 14, 2008: Stockgroup Appoints Digital Content Veteran as Chief Operating Officer
Stockgroup Information Systems Inc. (OTCBB: SWEB) (TSX VENTURE:SWB), a leading financial online media company, announced earlier today Karl Buhr has joined Stockgroup as Chief Operating Officer.
Mr. Buhr is an accomplished Chief Operating Officer, formerly from Telemedia, a provider of mobile content on wireless carrier platforms that target wireless subscribers. Mr. Buhr helped lead the company to a 400 percent increase in revenue and its recent sale to Conectium Ltd.
Prior to Telemedia, he was the Director of Operations for 365 Plc. (now operating as Eckoh Plc.), an internet and media direct response company, which grew from $12 million in revenue to $90 million during his tenure. 365 Plc. built one of Europe's largest sport information sites, Football365.com, and was a pioneer in direct response advertising in television programming. During his 20 years of experience in a wide range of roles and industries, he has demonstrated repeated success at fast growing businesses.
At Stockgroup, Mr. Buhr will be responsible for directing all aspects of the organization's operational strategy and tactics. "Karl is a proven executor of the product and market vision of technology growth businesses," says Stockgroup CEO and President Marcus New. "He has also been part of monetizing and delivering premium digital content since the industry's very beginning."
"The changes affecting the financial markets such as community and user generated content represents one of the most dramatic market shifts in decades," says Mr. Buhr. "Stockgroup's business encompasses premium content, a premium community, and the means to join the two. I'm excited to join Stockgroup as we continue to grow the industry."
About Stockgroup Information Systems Inc.
StockgroupTM is a leading financial media company focused on user generated content and collaborative technologies. The Stockgroup platform for web-based portfolio management and financial content is licensed to top North American brokerage firms and media companies. This platform is also extended through Stockhouse.com, a leading online financial portal owned and operated by Stockgroup. Stockhouse.com is home to BullboardsTM message board - Canada's largest community of active investors. Recognized for its engaged audience, Stockhouse.com provides a sought-after demographic for advertisers.
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Worldwide Manufacturing USA, Inc. (OTCBB: WWMU)
Worldwide Manufacturing USA, Inc. closed at $9.50 Friday, trading 100 shares.
Company News- January 14, 2008 Worldwide Manufacturing USA, Inc. Announces Jeff Watson as New President
Worldwide Manufacturing USA, Inc. (OTCBB: WWMU), a U.S.-based China manufacturing engineering firm and direct manufacturer of die-casting, machining, electronics products and air condition units for automobiles, announced earlier today that Jeff Watson has been named President.
Mr. Watson brings over 23 years of manufacturing experience to the Worldwide Manufacturing team, and his expertise reinforces the company's focus on rapid expansion of its manufacturing business. Prior to joining Worldwide Manufacturing, Mr. Watson was President of Joslyn Sunbank Company, a division of the Danaher Corporation, a fortune 500 company with revenues of approximately $10.7 billion in 2007. Mr. Watson also worked for the Fasco Motors Group as General Manager of Von Weise Gear Company, a designer and manufacturer of gear motors, linear actuators and support electronic assemblies. While leading these companies, Mr. Watson leveraged the existing customer base into rapid, organic revenue growth with significantly increased profitability.
Mr. Watson will be responsible for creating marketing strategies to not only increase Worldwide's existing contract manufacturing business but also to explore large volume and high technology oriented manufacturing business opportunities. Additionally, Mr. Watson will be responsible for the manufacturing operations of Worldwide.
Jimmy Wang, CEO of Worldwide, stated, "We are excited to have Mr. Watson join our team and to share in management responsibility, so that I, as the CEO and Board Chairman, can focus my attention on acquisitions, new project development and capital markets. His experience and knowledge will contribute greatly to the rapid business growth of Worldwide in the next few years."
About Worldwide Manufacturing USA, Inc.
Worldwide Manufacturing USA, Inc. ("Worldwide") is headquartered in San Bruno, California. Subsidiaries include Shanghai Intech Electro Mechanical Products Co. Ltd, Chengde Science & Technology Co. Ltd., Shanghai Intech Electronics Manufacturing Co. Ltd. and Shanghai Intech Precision Mechanical Products Manufacturing Co. Ltd., located in Shanghai and Changchun City, China. Worldwide is a 14-year-old engineering-oriented firm specializing in international contract manufacturing and is also a direct manufacturer of automobile air-conditioning units, die-casting and electronics components. Its customers include the industries of wireless telecommunications, aerospace, automobiles and medical equipment. Worldwide also manufactures components for industries of instrumentation, machinery, tools, home electrical solutions and electronic parts such as electronic toys. The company has filed for a name change to "Worldwide Energy and Manufacturing USA" to reflect its expansion into the alternative energy space for the manufacture of photovoltaic cells and solar modules.
For further information on Worldwide Manufacturing USA, Inc., please visit www.wwmusa.com. You may register to receive Worldwide Manufacturing USA, Inc.'s future press releases and to be added to the Company's distribution list by contacting John Ballard.
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VeriSign, Inc. (NASDAQ: VRSN)
VeriSign, Inc. closed at $34.67 Friday, trading 3,471,700 shares.
Company News- January 14, 2008: More Than 2,000 Web Sites Reassure Online Users With VeriSign Extended Validation
Reported Earlier Today: Every day, a simple green address bar appearing in millions of Internet browsers helps assure consumers that they have reached a legitimate Web site -- and not a tool of clever identity thieves. That's because more than 2,000 online merchants have adopted advanced validation solutions from VeriSign, Inc. (NASDAQ: VRSN), the leading provider of Internet infrastructure for the networked world.
By deploying VeriSign Extended Validation (EV) Secure Sockets Layer (SSL) Certificates, such companies as Pioneer Electronics, Case Logic and Lamps Plus are building trust and confidence among consumers by offering them immediate and visible assurance that they are dealing with a reputable e-commerce site.
VeriSign EV SSL protection helps merchants combat e-criminals who use fraudulent sites and pages to illegally capture passwords, credit card numbers and even Social Security Numbers. VeriSign-protected sites enable high-security browsers, such as Microsoft Internet Explorer 7, to display a green address bar, signalling to users that their personal information will go only to their bank or retailer. Those browsers also display other visual cues, including a lock icon next to the address, and a new field that contains the name of the organization that owns the site as well as the security provider that issued the certificate, such as VeriSign.
"VeriSign's EV SSL offers a major advantage for online retailers aiming to build trust with customers at first glance," said Ralph Esquibel, infrastructure architect and server operations manager at Pioneer Electronics. "When customers visit our site and spot the green bar, they know they've found a safe place to shop on the Internet. In an age where identity theft is a constant concern for many shoppers, this reassurance is invaluable." "Though building trust with online customers is difficult and time-consuming, losing that trust can happen in the blink of an eye," said Tim Callan, director of SSL product marketing at VeriSign. "That's why thousands of domains are now protected with VeriSign EV SSL certificates. By displaying the green bar to site visitors, online businesses like banks and retailers are communicating that they care enough to provide the most advanced protection available. And in the process, they are protecting the relationship they've built with customers." As the most respected and trusted SSL authority on the Web, VeriSign is the EV SSL Certificate provider of choice for more than 2,000 Internet domains, representing greater than 75 percent of the entire EV SSL Certificate market worldwide. In fact, over 93 percent of the Fortune 500 -- and the world's 40 largest banks -- rely on a VeriSign SSL Certificate to meet their security needs.
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN), operates digital infrastructure services that enable and protect billions of interactions every day across the world's voice, video and data networks. Additional news and information about the company is available at www.verisign.com.
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Riverbed Technology, Inc. (NASDAQ: RVBD)
Riverbed Technology, Inc. closed at $21.92 Friday, trading 2,326,800 shares.
Company News- January 14, 2008: Riverbed Shows Continued Leadership in Wide-Area Data Services
Riverbed Technology, Inc. (NASDAQ: RVBD), the technology and market leader in Wide-area data services (WDS), announced earlier today that it has been ranked by Infonetics Research as the leader in the WAN optimization market in its latest Enterprise Routers and WAN Optimization Appliances report. Riverbed continues to show positive technology momentum as the WDS market leader with recognition from industry analysts, successful customer implementations and industry award wins. In addition to the Infonetics report, Riverbed, and its customers, have been acknowledged with industry awards for innovation in the IT landscape.
Since Riverbed pioneered the WDS market in 2005 it has maintained its position as the market leader according to industry analysts and customer testimonials. Unlike solutions that accelerate only applications, WDS encompasses a range of data acceleration requirements, including WAN optimization, application acceleration, Wide Area File Services (WAFS), and Wide Area Application Services (WAAS). The company has just been recognized by InfoWorld as the WAN Optimization "Technology of the Year" for the fourth consecutive year and Riverbed is positioned as a leader in a leading analyst firm's report on the WAN Optimization market. Riverbed customers have also won awards from Network World and InfoWorld for their cutting-edge implementations of Riverbed's WDS Solutions. Only Riverbed offers a complete WDS solution that accelerates applications and data for remote offices, data centers and mobile workers across wide area networks (WANs), accelerating access to applications and data up to 100 times faster. The speed delivered by Riverbed WDS solutions allows organizations to be more nimble, flexible, and competitive by enabling IT consolidation without sacrificing user performance, allowing higher productivity for remote offices, eliminating end user frustration caused by slow applications, dramatically shortening backup and replication times, reducing traffic on WANs, and even making mobile workers significantly more productive.
"Riverbed is the only vendor that offers a complete solution for accelerating data over the WAN, which is why we've been recognized so many times by the industry," said Eric Wolford, senior vice president, marketing and business development at Riverbed. "Our customers' needs are complex and ever-changing, and they require a solution that delivers LAN-like application performance to any employee, whether on the road, working from home or connected wirelessly in the office." As noted by an independent research firm, WDS are a strategic component for today's distributed and mobile workers.
Infonetics' report tracks WAN optimization appliances and high-end, mid-range, branch, and low-end enterprise routers, and includes port detail (T1/E1/J1, T3/E3/J3, OC3/STM1, OC12/STM4). Forecasts and market share are updated quarterly and cover all regions. Companies tracked include 3Com/H3C, ADTRAN, Bluecoat, Cisco, Expand, Huawei, Ipanema, Juniper, Nortel, Packeteer, Riverbed, Siemens, Vanguard, and others. Download report highlights at www.infonetics.com.
Steelhead Products Riverbed's WDS solutions enable organizations of all sizes to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between data centers, remote offices and mobile workers by five to 50 times and in some cases up to 100 times, Riverbed's award-winning Steelhead WDS products enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Steelhead products have been deployed in organizations ranging from the world's largest corporations with offices around the globe to small companies with a couple of sites that are just miles apart. To learn more, view Riverbed's demo: www.riverbed.com/pr/jack.
About Riverbed
Riverbed Technology is the technology and market leader in wide-area data services (WDS) solutions for companies worldwide. By enabling application performance over the wide area network (WAN) that is orders of magnitude faster than what users experience today, Riverbed is changing the way people work, and enabling a distributed workforce that can collaborate as if they were local. Additional information about Riverbed (NASDAQ: RVBD) is available at www.riverbed.com.
Riverbed Technology, Riverbed, Steelhead, RiOS, Interceptor, and the Riverbed logo are trademarks or registered trademarks of Riverbed Technology, Inc. All other trademarks used or mentioned herein belong to their respective owners.
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BioCurex (OTCBB: BOCX) continues to issue positive news this week. Yesterday, Jan. 14th 2008, at the open, Ken Weiner, publisher of Shazamstocks, announced profile coverage of BioCurex (http://biz.yahoo.com/pz/080114/134226.html)
They also recently released a press release states that more than three years of testing by BioCurex has confirmed RECAF's high degree of clinical sensitivity and specificity in detecting various types of cancer, even when the disease is at its earliest stage. RECAF (the receptor for alpha-fetoprotein) is a wide-spectrum marker present in malignant cancer cells and absent in most normal cells, allowing it to play a major role in the development of new diagnostic tests for prostate, breast, colorectal, lung and other cancers.
Under terms of the license agreement, Inverness Medical Innovations will obtain semi-exclusive worldwide rights to commercialize products using this technology. BioCurex will be paid up-front fees, product and development milestones plus royalties on product sales.
According to the World Health Organization, more than 10 million people are diagnosed with cancer every year, and this number is expected to reach 15 million in a dozen years. The RECAF technology becomes hugely significant when considering that the chance of a cure increases substantially if the disease is detected early (i.e. the five-year survival rate for breast cancer ranges from 87% at Stage 1 to only 13% at Stage IV). Cancer screening and recurrent evaluations are anticipated diagnostic applications for the RECAF cancer marker.
''BioCurex's RECAF technology has the potential to revolutionize cancer detection by differentiating malignant cells from healthy ones. For this reason, we are delighted to be partnering with one of the world's leading developer/manufacturers of advanced diagnostic products. With major facilities in the U.S., Europe and Asia, Inverness Medical Innovations has an impressive reputation for aggressive and innovative consumer marketing. We are especially looking forward to be working with them on expanding and implementing our RECAF technology on future cancer tests,'' said Ricardo Moro, M.D., BioCurex's CEO.
“Yesterday the stock closed at 0.68”.
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Global Warming Solutions, Inc. (Pink Sheets: GWSO) (January 14th) Global Warming Solutions, Inc. - a developer of technologies aimed at mitigating the effects of global warming - today announced that the company has acquired the Wave Electric Power Station (WEPS) technology from an affiliate of Coral-Invest Technologies.
The WEPS utilizes floating electrical generators deployed in the ocean. The generators capture the energy from the movement of the sea waves and convert it into electricity that is then transmitted back to shore. Each generator can produce up to 100KwH.
The WEPS offers a clean, replenishable and inexhaustible energy source at a fraction of the cost of conventional energy generation. Given the dense populations of coastal areas worldwide - and demand for alternative energy sources - the WEPS has the potential to meet the needs of a huge and growing market.
"We are extremely pleased to have added the WEPS technology to our portfolio and believe that it marks an important milestone for the company as we enter another area of renewable energy," said Dr. Vladimir Vasilenko, CEO of Global Warming Solutions, Inc. "The WEPS is a completely self-sufficient energy generating technology that can be deployed in the most important regions of the world."
The WEPS floating generators are produced from recycled plastic. According to Dr. Artem Madatov, the inventor of the technology, a 1000-meter WEPS would produce 15 MW with 10% co-efficiency - enough electricity for a population of 30,000.
Global Warming Solutions plans to develop a marketing package for the WEPS and license the technology to licensees around the world.
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Paid, Inc. (OTCBB: PAYD) (Mon, January 14th, 2008, 7:45am ET) Paid, Inc. today received an Issuance Notification from the U.S. Patent & Trademark Office (USPTO) stating that the USPTO has issued Patent #7324968 to Paid, Inc., which will be effective on January 29, 2008, for a "Method and System for Improved Online Auction" for real-time calculation of shipping costs for items purchased online using a zip code as a destination location indicator. The patent covers shipping charge calculation methods across multiple carriers, and accounts for additional characteristics of the item being shipped, such as weight, special packaging, handling, and insurance costs.
Paid's patent and related enterprise and retail software products include shipping calculation methods for online auctions and e-commerce, which is a vast marketplace. In 2006, the auction sector had several billion items listed on online auction platforms and online auctions are estimated to exceed $329 billion in sales by 2010.
Paid will not be limited to licensing its software solely to online auction companies and expects to pursue licensing with a broad range of ecommerce companies that contributed to the $146.5 billion in online retail sales in 2006 (statistic from Forrester Research and Shop.org's State of Retailing Online 2007).
The patent application was filed in May of 2000 and represents a major achievement for Paid, Inc., and its shareholders.
"Paid invested millions of dollars and thousands of man hours over the past 6.5 years on research and development, the patent and related products," said Greg Rotman, Paid, Inc., CEO. "We are grateful for all the hard work and support put forth by our shareholders, Thomas E. Anderson of our patent law firm Hunton & Williams, LLP, and The Paid Inc. R&D team, with a special thanks to John Martin, Richard Rotman and Doug Sherman."
The company will provide further details after the patent's effective date. Detailed information on the features and benefits of Paid's aiShip online shipping calculation product line is available at www.paid.com. Parties wishing to license Paid's aiShip online shipping calculation software may contact Doug Sherman, Paid Inc., doug@paid.com, (508) 791-6710.
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IntelliHome Inc. (OTCBB: IHME) (Mon, January 14th, 2008, 9:30am ET) IntelliHome Inc. (www.intellihomeinc.com), a leader in the field of intelligent home solutions, has been awarded a new Westin Homes and Properties project in the Brazos Town Center Subdivision located in Richmond, Texas.
The project calls for IntelliHome to provide installation of structured wiring and home security monitoring equipment for all Westin homes built in the Brazos Town Center Subdivision. The Brazos Town Center community is utilizing the AT&T fiber network to distribute voice, data and HDTV throughout the neighborhood with a predetermined structured wiring and home security monitoring equipment package for each home. Initial purchase orders under the project have been received and project services commenced with completion of the project expected in late 2010.
"We are extremely excited to continue to expand our relationship with Westin Homes. We feel that Westin Homes and Properties is a leader in the construction and sale of high-tech homes in the Greater Houston market, and this project will be a showcase property which will result in increased opportunities to provide additional home technology products and services to each homeowner," stated Mark Trimble, President & CEO for IntelliHome, Inc.
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Silver Dragon Resources Inc. (OTCBB: SDRG) (Mon, January 14th, 2008, 8:00am ET) Silver Dragon Resources Inc. is pleased to announce the discovery of two mineralization areas on its Dadi Property, approximately 300 metres apart from each other, each hosting multiple parallel silver-lead-zinc mineralization zones. Ground prospecting, mapping, geochemical and geophysical surveys have outlined two significant exploration targets. Field crews have identified two separate areas of mineralization. Highlights from the surface discoveries include the following:
West Mineralized Area highlights (surface trench data): 25.3 metres averaging 357.4 g/t Ag, 2.56% Pb and 0.26% Zn 2.80 metres averaging 841.8 g/t Ag, 2.50% Pb and 0.58% Zn
East Mineralized Area highlights (surface trench data): 5.90 metres averaging 740.6 g/t Ag, 5.85% Pb and 0.82% Zn 5.80 metres averaging 691.9 g/t Ag, 3.11% Pb and 2.03% Zn Within the West Mineralized Area, surface trenches revealed nine (I - IX) parallel Ag-Pb-Zn zones with total cumulative thickness of 66.2 metres. Within the East Mineralized Area, surface trenches revealed six (X - XV) parallel Ag-Pb-Zn zones with total cumulative thickness of 20.3 metres. Table 1 below provides assay results of the West and East mineralization areas and Figure 1 below illustrates the trenches and corresponding zones discovered at the West mineralization area.
A file archive graphic of the Dadi Trench Map with West
Mineralized Area is available at http://media.primezone.com/cache/8700/file/5111.jpg
All trenches were orientated perpendicular to the strike of the mineralization. Surface rock exposed in the trenches was partially oxidized and in several cases, shorter trenches near the main trench, were dug to expose the fresh unoxidized mineralization. In most cases the deeper trenches recorded assays higher than those taken at the surface in the main trench For example, a 1.8 metre trench near the main trench through zone IX, assayed 754.7 g/t Ag, 6.69% Pb and 0.42% Zn. Most of these deeper trenches were not taken within the main trench illustrated in the diagram above, and thus do not account in the assays provided in the table.
The newly discovered mineralization in both areas appears to be sub-parallel to the bedding and potentially steeply dipping to near vertical. The boundaries of mineralization are gradual and identification of the total thickness was obtained through assays versus visual inspection. A geophysical survey carried out over these areas also suggests a near vertical dip and indicates a strike length of 1,000 metres for the West area and 1,250 metres for the East area.
The geochemical and geophysical surveys during this past season were successful in identifying significant new targets at Dadi. These discoveries will be followed up with a detailed exploration plan, including drilling to determine the potential size of these areas as the 2008 field season begins. Field exploration will also look for additional potential, particularly in areas where there is soil cover. The Dadi Project has 60%-70% soil cover, and with these new discoveries, a focused effort will determine the potential in the soil covered areas. Silver Dragon is compiling additional geology maps and sections for Dadi which will be placed on the website upon completion.
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