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eWorld Interactive, Inc. (OTC BB:EWIN) (December 13, 2007) is pleased to announce the appointment of Mr. James Pan as divisional manager of its Chinese Lottery management team. With this appointment, Mr. Pan immediately assumes executive responsibility for the Company's lottery division sales and marketing activities including business development initiatives with leading online lottery operators towards developing content distribution rights for China's Online Welfare and Sports Lottery, thereby providing eWorld users access to professional lottery gaming throughout the Asian online marketplace.
According to statistics provided by the Chinese Ministry of Finance, national lottery sales in 2006 increased 14% to a record high of RMB 81.93 billion (US$10.54 billion), of which 32.2 billion was from the Sports Lottery. Globally, online lottery activities are quickly gaining popularity, representing an average of 25% of the total global lottery market spend. Currently, only 1% of China's total lottery market is derived from online offerings. As a result, the Chinese government has increased efforts to actively promote official online lotteries, opening up a huge potential market for continued growth in the sector. Fuelling this potential expansion, China's internet user base is growing at over 30% per year and is set to pass the 200 million user mark within 3 years.
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Datameg Corp (OTC BB:DTMG) (December 13, 2007) announced it has completed the acquisition of American Marketing & Sales Inc. D/B/A Innovative Designs. Datameg announced in August that it had entered into an agreement to acquire the company for 15 million unregistered shares of Datameg common stock. Datameg Corporation is a holding company with subsidiaries in the technology industry. Datameg's wholly-owned subsidiaries Net Symphony and QoVox Corporation design, develop and offer network-wide fault identification, fault isolation and voice quality assurance products and critical real-time network health and performance monitoring services for both providers and end-users of Internet telephony, now commonly referred to as Voice Over Internet Protocol (VOIP). Computer Ctr.Com provides a wide range of technology solutions and is a strategic technology supplier to QoVox and Net Symphony.
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NWT Uranium Corp. (OTC BB:NWURF) (December 13, 2007) is pleased to announce the successful completion of its first drill program at the 19,000-acre (7,700-hectare) Picachos project in Durango, Mexico. In total, 21 reverse circulation (RC) holes were drilled covering 10,254 feet (3,125.5 meters) and samples have been shipped to Acme Analytical Laboratories for analysis. Drilling at Los Cochis tested the El Fresno target, which is characterized by high silver geochemistry on surface. Specifically, rock chip-channel and grab samples returned individual values of up to 145 ounces per ton (4,975 grams per tonne) silver, 0.25 oz/t (8.61 g/t) gold, 53% zinc as well as 50% lead. NWT Uranium Corp. is an international resource exploration company with an experienced, highly technical management team. Since its inception, NWT has concentrated on the acquisition of properties with potential uranium targets. NWT Uranium is listed on the NASD Bulletin Board under the symbol "NWURF" and the TSX Venture Exchange under the symbol "NWT."
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GS EnviroServices Corporation (PinkSheets:GSEN) (December 13, 2007) announced an Environmental Services and Management Agreement with Olson's Greenhouses, Inc. located in Raynham, MA. Olson's operates 225,000 square feet of greenhouses, 60 (sixty) acres of outdoor production and has a Class A Recycling Permit for the recycling of one million gallons per year of on-specification of oil and water. The Agreement calls for the management of marketing and environmental services for these materials and is part of GS EnviroServices' overall strategy to focus on the recycling and reuse of carbonaceous materials. GreenShift Corporation develops and supports clean technologies and companies that facilitate the efficient use of natural resources. GreenShift's ambition is to catalyze the rapid realization of disruptive environmental gains by creating valuable opportunities for a great many people and companies to use resources more efficiently and to be more profitable.
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Omagine, Inc. (OTC BB:OMAG)(December 13, 2007) the majority owner of the highly anticipated Omagine Project -- is pleased to announce just days after securing a relationship with the largest bank in Oman that it has announced the General Contractor which will lead the construction of the 300-acre residential and entertainment complex planned in the Sultanate of Oman. The Company's planned Omagine Project is an integration of cultural, heritage, educational, entertainment and residential components. As presently planned, Omagine will be located on 1.2 million square meters of beachfront land facing the Gulf of Oman just west Muscat -- the capital city of the Sultanate of Oman and near Oman's International Airport. Omagine LLC (under formation) -- the local Omani project company expects to sign the Development Agreement with the Government in August 2007.
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