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Websense, Inc. (NASDAQ: WBSN)(February 14, 2008) announced Thursday that the leading global growth consulting company, Frost & Sullivan, has named Websense the leader of the Asia Pacific (APAC) Web content filtering market.
Following Websense's acquisition of SurfControl in October 2007, Websense now has a 36.8 percent share of the US$61.5 million APAC Web content filtering market -- reinforcing Websense's expertise providing Web security and addressing emerging security challenges for businesses in the APAC region.
Websense's market share of 21.8 percent, combined with SurfControl's 15.0 percent, is more than the combined total market share of the next two largest Web security vendors in the region. Frost & Sullivan predicts the Web content filtering market in APAC will grow from revenues of US $61.5 million in 2006, to US$264.3 million in 2013.
"Websense, the market leader in the 2005 APAC Web filtering market, acquired their strongest market competitor SurfControl in an acquisition that is expected to solidify Websense's market presence in APAC and offer it a stronger momentum in the SMB segment," said Edison Yu, research analyst, ICT Enterprise Division, Frost & Sullivan. "The acquisition by Websense is expected to create a potent market participant that can comprehensively offer content protection to SMB, large enterprises and carriers." The study, titled, "Asia Pacific Secure Content Management Market 2006" by Frost & Sullivan Analyst Edison Yu, discusses that recent Web content filtering market traction has been driven by heightened awareness among enterprises of the perils of uncontrolled Web access and ineffective bandwidth usage. Frost & Sullivan forecasts this market to grow at a robust CAGR of more than 23 percent in the next seven years, as enterprises focus more attention on the management of external Web-based threats.
"The Frost & Sullivan report underpins the strength of Websense business in the APAC region and clearly reinforces its leadership position in Web content filtering," said Tim Lee, vice president APAC, Websense. "We continue to build and develop Web, messaging and data security solutions to protect our customers and their confidential data. Thanks to Websense ThreatSeeker technology, we can be sure that Websense continues to preemptively address today's emerging security challenges."
About Websense, Inc.
Websense, Inc. (NASDAQ: WBSN), a global leader in integrated Web, messaging and data protection technologies, provides Essential Information Protection for more than 42 million employees at more than 50,000 organizations worldwide. Distributed through its global network of channel partners, Websense software and hosted security solutions help organizations block malicious code, prevent the loss of confidential information and enforce Internet use and security policies. For more information, visit www.websense.com.
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Zoloto Resources Ltd. ("Zoloto" or the "Company") (TSX VENTURE: ZR) (OTCBB: ZRSCF)(February 14, 2008), provided further details on the Elvenei license earlier today; one of the Company's three exploration projects in Chukotka, Russia. A National Instrument 43-101("NI43-101") independent technical report, prepared by William J. Crowl, R.G., Vice President of Gustavson Associates, LLC, an independent "Qualified Person" (as defined by NI43-101), dated February 9, 2008 and entitled "Technical Report on the Elvenei Gold Project, Chukotka Autonomous Okrug, Russia" (the "Technical Report") has been filed on SEDAR (www.sedar.com). The report principally reviews the historic exploration by previous Russian owners of the property. Highlights from the report are detailed at the bottom of this release.
The 12 km2 license is located about 540km southwest of the town of Pevek, the administrative center for the Chaunsky area of Chukotka and the largest Arctic seaport. The town of Baranikha is about 40km from the project. After the site visit in July, 2007 Zoloto began building the Elvenei man camp, completed roads and trenches and initiated a limited drilling program before year end. Zoloto's main exploration efforts at Elvenei will start in the spring of 2008.
Bob Maddigan, Director of Zoloto Resources, comments "At Elvenei, historic exploration has outlined significant gold potential, as detailed in this latest report. In total, up to six high grading structures have been identified by previous Russian exploration, with historic assays typically returning 10-20g/t. This years' exploration program has been designed to validate the historic Russian data with drilling, trenching, grab sampling and geophysics. We are still working through a wealth of data from previous Russian exploration activity, which will be re-assessed in light of our forthcoming exploration results."
The Elvenei deposit is on the left bank of the Elveneiveem River and is part of the northwest striking Rauchuansky gold bearing zone. The deposit was emplaced in terrigenous Triassic siltstones and sandstones. An unexposed intrusive plutonic dome is bordered by a halo of contact metamorphism and associated Late Cretaceous ring dike intrusions. During the Cretaceous age emplacement of an intrusive plutonic felsic rock intrusion, a ring dike structure formed. Products of early Cretaceous age contact metamorphism and associated metasomatism are confined to the central part of the ring dike. The gold mineralization is apparently confined to this well-developed ring structure. Mineralization includes sulfide mineralized gold and tungsten deposits in the central zone of the Elvenei area.
The Elvenei prospects display characteristics consistent with high sulphidation gold systems. Gold in fine-dispersed form is predominantly associated with quartz and pyrite, with minor amounts of arsenic, antimony and silver in veins, veinlets and stockworks. Base metal and tungsten / bismuth mineralization is peripheral to the gold mineralization and may be associated with the intrusives in the area and thus may be better related to contact metamorphic (metasomatic) processes.
The Elvenei license area has seen considerable exploration activity since early 1940's by several Russian expeditions. The most recent geological exploration was in 1987-1992 which made many geological traverses, test trenches, collected grab samples, and drilled 933m of geochemical test holes in order to investigate the alteration halos and drilled 321m of core holes to obtain samples for process testing.
This historic work at Elvenei has resulted in the mapping of formations and associated mineralization types, the identification of mineralization zones, alteration zones, initial delineation of the deposit and associated mineralization system, and some gold and tungsten grades. This exploration work, involving drilling and surface trenching, has resulted in the initial outlining of 6 mineralized bodies, typically grading +10g/t gold, 0.8 to 4.0m in thickness, that have been delineated over an aggregate strike length of 3,400m.
About Zoloto Resources
Zoloto Resources is a gold exploration company whose primary focus is to become a mid-tier gold producer through the advancement of its gold exploration properties in the Russian Federation. In addition, Zoloto's management will continue to evaluate acquisition opportunities within the Russian Federation. Zoloto's philosophy is to unlock shareholder value in a socially and environmentally responsible manner.
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PureSpectrum, Inc. (PINKSHEETS: PSPM)(February 14, 2008) announced yesterday they have filed patent applications to protect the company's proprietary technology for a two-wire dimmer and ballast electronics for Compact Fluorescent Light bulbs.
The applications were filed with the U.S. Patent and Trademark Office on February 8 by PureSpectrum's patent attorney from Roylance, Abrams and Goodman, L.L.P. in Washington, D.C.
PureSpectrum is on the leading edge of the movement to improve CFL bulbs in preparation for the inevitable ban of inefficient incandescent bulbs. The company currently owns the rights to several patents, patent applications and patents pending related to an innovative electronic ballast technology which dramatically improves performance for CFL bulbs and other ballast-driven lighting applications without sacrificing energy efficiency or bulb longevity.
During the past year, PureSpectrum's advance technology team has made substantial breakthroughs in the performance of CFL bulbs through superior ballast electronics and market driven development principles. Through extensive market research, the company determined the most critical complaints voiced by consumers and manufacturers and targeted its technology development to address those issues.
The most recent patent applications pertain to important advances in dimmable CFL technology and a highly energy efficient ballast for CFL bulbs which also preserves the lamp's longevity. The company is patenting a ballast model and dimming device which have already generated a buzz within the lighting industry as the most effective dimming mechanisms in the industry. Additionally, PureSpectrum has filed a patent application to protect a separate ballast design which encourages high energy efficiency at low power levels without shortening the life of the bulb.
"These patent filings represent yet another step forward for this company as we move closer to being in either a licensing or manufacturing partnership," said PureSpectrum president and CEO Lee Vanatta. "Our technology and its capabilities have been recognized and praised as unique by industry leaders, and the science we are introducing now is going to help usher the lighting industry into a new frontier." Please call (912) 961-4980 for more information about PureSpectrum, Inc. or contact Equiti-Trend Advisors LLC at (800) 953-3350 for investment information.
ABOUT PURESPECTRUM
PureSpectrum (PINKSHEETS: PSPM) is a publicly traded technology company founded and headquartered in Savannah, Ga. The company's values are grounded in an awareness of the increasing urgency to identify energy efficient lighting technologies which also meet consumer standards. PureSpectrum currently holds the rights to multiple patents, patent applications and patents pending related to electronic ballast technologies designed to make energy efficient lighting products more popular among consumers through improved performance. PureSpectrum is committed to researching, developing and refining ideas that will provide the most energy efficient, cost effective and consumer friendly methods to deliver artificial light. For more information on PureSpectrum, please call (912) 961-4980 or visit www.purespectrumlighting.com.
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