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Companies news of 2009-12-23 (page 1)

  • Arena Pharmaceuticals Announces Merck Discontinues Development of Investigational Niacin...
  • Magyar Bancorp Announces Resignation of President & CEO
  • Michael A. Noelke Joins Tecumseh Products Company as Executive Vice President, Sales,...
  • Navios Maritime Holdings Inc. Announces Delivery of Two Capesize New Building Vessels
  • SRS Labs Announces Three Winners for Loud Commercial Creative Writing ContestSRS TruVolume...
  • United, All Nippon Airways and Continental Apply to U.S. DOT for Approval of Antitrust...
  • Amarc Financing Increased to $5.5 Million
  • Ram Power, Corp. announces Orita Project Conditional Use Permit
  • John Hancock and Hoosier Energy Settle Litigation
  • WesBanco Repurchases the Warrant Issued Under the U.S. Department of the Treasury's...
  • Infosys Technologies to Announce Third Quarter Results on January 12, 2010
  • Hospira to Present at J.P. Morgan 28th Annual Healthcare Conference Jan. 13, 2010
  • Boeing Delivers Four Next-Generation 737-900ERs to Lion Air
  • S&P Equity Research Announces Its First 2010 WebinarUP AGAIN IN 2010 OR REVERSAL OF...
  • MISCOR Group Announces Sale of AMP Montreal Business Unit As Initial Step in Overall...
  • Seneca Foods Corporation Retains ICR for Investor Relations ServicesCompany Presenting at...
  • PCS Edventures! Announces Professional Development Program Launch in Kingdom of Saudi...
  • AEP's Cook Nuclear Unit 1 Reaches Full Reactor Power
  • Greenscape Closes Acquisition of Energy Retrofit Company, Green.Switch
  • Notice of Appeal Filed by Star Scientific in Patent Infringement Lawsuit
  • Monmouth Real Estate Investment Corporation Announces New Acquisition
  • Pro-Fac Receives Distribution Following Sale of Birds Eye
  • Masimo to Present at the 28th Annual J.P. Morgan Healthcare Conference
  • Molson Coors Celebrates Responsibility With Rides Home for the Holiday SeasonCheers to...
  • Lion Energy receives government approvals on farm-in with Africa OilTSX.V - LEO
  • Manpower Inc. Releases Third Annual Corporate Social Responsibility Report
  • Com-Guard, Inc. Announces Its Proprietary Technology Pay-Guard(TM) Software Application.
  • Greenscape Closes Acquisition of Energy Retrofit Company, Green.Switch
  • LSB Financial Corp. Appoints New Board Member



    Arena Pharmaceuticals Announces Merck Discontinues Development of Investigational Niacin Receptor Agonist Program for Atherosclerosis

    SAN DIEGO, Dec. 23, 2009 /PRNewswire-FirstCall/ -- Arena Pharmaceuticals, Inc. announced today Merck and Co., Inc.'s decision (through an affiliate) to discontinue development of MK-1903, an investigational niacin receptor agonist to treat atherosclerosis being developed under its research collaboration with Arena. Merck also informed Arena that the company will not continue the collaboration.

    Merck made the decision to discontinue development of MK-1903 following evaluation of the results of a recently completed Phase 2a clinical trial. The randomized, double-blind, placebo-controlled trial evaluated the safety, tolerability and potential efficacy in patients with dyslipidemia. According to Merck, elevation of HDL cholesterol relative to placebo did not meet the trial's pre-specified primary objective for efficacy; no safety signals were implicated as drivers of the decision to discontinue development.

    "We are disappointed that the trial results did not lead to further development of this program, but it has been a pleasure to work with Merck and we welcome the opportunity to collaborate again," said Jack Lief, Arena's President and Chief Executive Officer. "We continue to focus on our other internal and partnered programs and the FDA approval of our lead drug candidate, lorcaserin for weight management."

    "This collaboration has led to excellent scientific interaction," said Dr. Andrew Plump, Vice President Cardiovascular Franchise Worldwide Discovery Head, Merck Research Laboratories. "We look forward to the possibility of partnering with Arena in the future."

    About Arena Pharmaceuticals

    Arena is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs that target G protein-coupled receptors, an important class of validated drug targets, in four major therapeutic areas: cardiovascular, central nervous system, inflammatory and metabolic diseases. Arena's most advanced drug candidate, lorcaserin for weight management, has completed a pivotal Phase 3 clinical trial program. Arena submitted lorcaserin's New Drug Application to the FDA in December 2009.

    Forward-Looking Statements

    Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements include statements about the development, therapeutic indication and use, tolerability, safety, and efficacy of MK-1903; the discontinuation of Arena's collaboration with Merck; future collaborative activities; the regulatory approval of lorcaserin; and Arena's focus, strategy, research and development programs, and ability to develop compounds and commercialize drugs. For such statements, Arena claims the protection of the Private Securities Litigation Reform Act of 1995. Actual events or results may differ materially from Arena's expectations. Factors that could cause actual results to differ materially from the forward-looking statements include, but are not limited to, regulatory authorities may not accept Arena's NDA submission; regulatory authorities may not find data from Arena's clinical trials and studies sufficient for regulatory approval; the timing, success and cost of Arena's lorcaserin program and other of its research and development programs; the timing and ability of Arena to receive regulatory approval for its drug candidates; results of clinical trials or preclinical studies may not be predictive of future results; clinical trials and studies may not proceed at the time or in the manner Arena expects or at all; Arena's ability to partner or commercialize lorcaserin or other of its compounds or programs; Arena's ability to obtain additional funds; Arena's ability to obtain and defend its patents; and the timing and receipt of payments and fees, if any, from Arena's collaborators. Additional factors that could cause actual results to differ materially from those stated or implied by Arena's forward-looking statements are disclosed in Arena's filings with the Securities and Exchange Commission. These forward-looking statements represent Arena's judgment as of the time of this release. Arena disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law.

    Contact: Arena Pharmaceuticals, Inc. Media Contact: Russo Partners Jack Lief David Schull, President President and CEO david.schull@russopartnersllc.com 212.845.4271 Cindy McGee Manager, IR and Corporate Communications Anthony J. Russo, Ph.D., CEO cmcgee@arenapharm.com tony.russo@russopartnersllc.com 858.453.7200 ext. 1479 212.845.4251 http://www.arenapharm.com/

    Arena Pharmaceuticals, Inc.

    CONTACT: Jack Lief, President and CEO, or Cindy McGee, Manager, IR and
    Corporate Communications, cmcgee@arenapharm.com, +1-858-453-7200, ext. 1479,
    both of Arena Pharmaceuticals, Inc.; or David Schull, President,
    +1-212-845-4271, david.schull@russopartnersllc.com, or Anthony J. Russo,
    Ph.D., CEO, +1-212-845-4251, tony.russo@russopartnersllc.com, both of Russo
    Partners, for Arena Pharmaceuticals, Inc.

    Web Site: http://www.arenapharm.com/




    Magyar Bancorp Announces Resignation of President & CEO

    NEW BRUNSWICK, N.J., Dec. 23 /PRNewswire-FirstCall/ -- Magyar Bancorp, Inc., parent company of Magyar Bank, announced today that Elizabeth E. Hance, President and Chief Executive Officer, has resigned from this position, and from the Board of Directors of the Bank and the Company. Ms. Hance is resigning for personal reasons to pursue other interests, and her resignation is effective immediately.

    The Board of Directors has named John S. Fitzgerald as Acting President and Chief Executive Officer. Mr. Fitzgerald has served as Executive Vice President and Chief Operating Officer of the Company and the Bank since October 2007, and has been with Magyar since 2001. Mr. Fitzgerald served as Executive Vice President and Chief Lending Officer prior to being appointed to his current position.

    About Magyar Bancorp

    Magyar Bancorp is the parent company of Magyar Bank, a $565 million asset community bank headquartered in New Brunswick, New Jersey. Magyar Bank has been serving families and businesses in Central New Jersey since 1922 with a complete line of financial products and services, and today Magyar operates five branch locations in Branchburg New Brunswick, North Brunswick, and South Brunswick. Visit Magyar online at http://www.magbank.com/.

    Magyar Bancorp

    CONTACT: John Reissner, Vice President, Marketing Director,
    +1-732-214-2083

    Web Site: http://www.magbank.com/




    Michael A. Noelke Joins Tecumseh Products Company as Executive Vice President, Sales, Marketing and Engineering

    ANN ARBOR, Mich., Dec. 23 /PRNewswire-FirstCall/ -- Tecumseh Products Company , a leading global manufacturer of compressors and related products, announced today that Michael A. Noelke has been named executive vice president, sales, marketing and engineering.

    Noelke is joining Tecumseh Products from the Sporlan Division of Parker Hannifin Corp., Washington, Mo., where he was global vice president, business development.

    "Mike has had a distinguished career in the heating, ventilation, air conditioning and refrigeration business, and he has a proven track record of creating value for customers and shareholders," said James Wainright, Tecumseh Products president and chief executive officer. "His broad background in engineering, sales, marketing and operations makes him a perfect fit for Tecumseh Products, and his hands-on approach will allow us to take our performance to a new, higher level and forge even stronger relationships with customers."

    During his 32-year career with Sporlan, a leading global supplier of heating, ventilation, air conditioning and refrigeration components, Noelke served as division general manager, operations manager and marketing manager, as well as in various sales, engineering and planning positions. Under his leadership, Sporlan delivered significant improvements in quality, customer service and revenue driven by lean manufacturing, a disciplined supply chain management process and customer-focused product development.

    Noelke has been active in supporting the refrigeration and air conditioning industry throughout his career as a member of the Refrigeration Service Engineers Society, past president of the American Society of Heating, Refrigeration and Air Conditioning Engineers (ASHRAE) St. Louis chapter and as a member of the communications committee and past president of the Valves and Accessories section of the Air Conditioning, Heating and Refrigeration Institute (AHRI).

    Noelke replaces Pat Canavan, formerly vice president of global sales and marketing, who is leaving Tecumseh Products at the end of the year.

    Tecumseh also announced today that James Nicholson, vice president, treasurer and chief financial officer, is leaving the company at the end of the year. The company is currently in advanced discussions with a potential replacement for Nicholson.

    "I'd like to thank Jim and Pat for their contributions to Tecumseh Products, and we wish them much success in the future," said Wainright.

    About Tecumseh Products Company

    Tecumseh Products Company is a full-line independent global manufacturer of hermetically sealed compressors for residential and commercial refrigerators, freezers, water coolers, dehumidifiers, window air conditioning units and residential and commercial central system air conditioners and heat pumps.

    Press releases and other investor information can be accessed via the Investor Relations section of Tecumseh Products Company's website at http://www.tecumseh.com/.

    Cautionary Statements Relating to Forward-Looking Statements

    This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to the safe harbor provisions created by that Act. In addition, forward-looking statements may be made orally in the future by or on behalf of the Company. Forward-looking statements can be identified by the use of terms such as "expects," "should," "may," "believes," "anticipates," "will" and other future tense and forward-looking terminology.

    Readers are cautioned that actual results may differ materially from those projected as a result of certain risks and uncertainties, including, but not limited to, i) unfavorable changes in macro-economic conditions and the condition of credit markets, which may magnify other risk factors; ii) the success of our ongoing effort to bring costs in line with projected production levels and product mix; iii) financial market changes, including fluctuations in foreign currency exchange rates and interest rates; iv) availability and cost of materials, particularly commodities, including steel and copper, whose cost can be subject to significant variation; v) actions of competitors; vi) our ability to maintain adequate liquidity in total and within each foreign operation; vii) the effect of terrorist activity and armed conflict; viii) economic trend factors such as housing starts; ix) the ultimate cost of resolving environmental and legal matters, including any liabilities resulting from the regulatory antitrust investigations commenced by the United States Department of Justice Antitrust Division, the Secretariat of Economic Law of the Ministry of Justice of Brazil or the European Commission, any of which could preclude commercialization of products or adversely affect profitability and/or civil litigation related to such investigations; x) emerging governmental regulations; xi) the ultimate cost of resolving environmental and legal matters; xii) our ability to profitably develop, manufacture and sell both new and existing products; xiii) the extent of any business disruption that may result from the restructuring and realignment of our manufacturing operations or system implementations, the ultimate cost of those initiatives and the amount of savings actually realized; xiv) the extent of any business disruption caused by work stoppages initiated by organized labor unions; xv) potential political and economic adversities that could adversely affect anticipated sales and production in Brazil; xvi) potential political and economic adversities that could adversely affect anticipated sales and production in India, including potential military conflict with neighboring countries; xvii) increased or unexpected warranty claims; and xviii) the ongoing financial health of major customers. These forward-looking statements are made only as of the date of this release, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Tecumseh Products Company

    CONTACT: Jim Cain, The Quell Group, +1-248-649-8900, jcain@quell.com

    Web Site: http://www.tecumseh.com/




    Navios Maritime Holdings Inc. Announces Delivery of Two Capesize New Building Vessels

    PIRAEUS, Greece, Dec. 23 /PRNewswire-FirstCall/ -- Navios Maritime Holdings Inc. ("Navios Holdings") , a global, vertically integrated seaborne shipping and logistics company, announced today that the Capesize vessels Navios Phoenix and Navios Stellar were delivered from a Japanese and a South Korean shipyard respectively to Navios Holdings' owned fleet.

    The Navios Phoenix is a Capesize vessel of 180,242 dwt. She was delivered to Navios Holdings' fleet on December 21, 2009. Approximately $52.5 million was used to finance the purchase from the escrow established under the 8 7/8% First Priority Ship Mortgage Notes.

    The Navios Stellar is a Capesize vessel of 169,001 dwt. She was delivered to Navios Holdings' fleet on December 23, 2009.

    Time Charter Coverage

    As of December 23, 2009, Navios Holdings had contracted 99.5%, 86.1%, 63.4% and 56.6% of its available days on a charter-out basis for 2009, 2010, 2011 and 2012, respectively. Navios Holdings has extended its long-term fleet employment by entering into agreements to charter-out vessels for periods ranging from one to 12 years.

    About Navios Maritime Holdings Inc.

    Navios Maritime Holdings Inc. is a global, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain. For more information please visit our website: http://www.navios.com/.

    Navios Holdings may, from time to time, be required to offer certain owned Capesize and Panamax vessels to Navios Maritime Partners L.P. ("Navios Partners") for purchase at fair market value according to the terms of the Omnibus Agreement. For more information please visit its website: http://www.navios-mlp.com/.

    Forward-Looking Statements

    This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and Navios Holdings' growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters. Words such as "expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations of such words and similar expressions are intended to identify forward-looking statements. Such statements include comments regarding expected revenues and time charters. Although Navios Holdings believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Navios Holdings. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to changes in the demand for drybulk vessels, competitive factors in the market in which Navios Holdings operates; risks associated with operations outside the United States; and other factors listed from time to time in Navios Holdings' filings with the Securities and Exchange Commission. Navios expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Navios Holdings' expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

    Public & Investor Relations Contact: Navios Maritime Holdings Inc. +1.212.279.8820 investors@navios.com

    Navios Maritime Holdings Inc.

    CONTACT: Navios Maritime Holdings Inc., +1-212-279-8820,
    investors@navios.com

    Web Site: http://www.navios.com/




    SRS Labs Announces Three Winners for Loud Commercial Creative Writing ContestSRS TruVolume Eliminates Drastic Volume Fluctuations That Commonly Occur While Watching TV Regardless of the Content Source

    SANTA ANA, Calif., Dec. 23 /PRNewswire-FirstCall/ -- SRS Labs , the industry leader in surround sound, audio, and voice technologies, announced today it has selected three winners for the SRS TruVolume(TM) creative writing contest. The contest celebrated the usefulness of SRS TruVolume technology, an audio solution that eliminates volume fluctuations when watching TV and provides a smooth and consistent volume level, free from loud commercials. Each winner will each receive a VIZIO VSB210WS Wireless Sound Bar with Wireless Subwoofer.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20070322/LATH036LOGO)

    "I want to congratulate our winners and thank them for their immensely creative work," said Allen H. Gharapetian, Vice President of Marketing for SRS Labs. "Volume fluctuations and loud commercials continue to be a huge problem, and judging by the number of submissions that we received, it is even more obvious to us that there is an absolute need in the market for our TruVolume technology."

    The winners of SRS Labs' TruVolume creative short story contest are: -- Nick Parsons (Costa Mesa, CA) for "Open Letter to Loud Commercials" -- Vic Afsahi (Irvine, CA) for "Vision of the Modern Home Theater" -- Gina Vazquez (Ceres, California) for "Night before Christmas Spoof"

    More than 175 submissions were received for the contest and a panel of judges selected the top three. In addition to receiving a VIZIO Sound Bar, the winning short stories can be read on the SRS SoundingOff Blog, and are eligible to be chosen as the creative motivation for future SRS commercials.

    For more information about volume fluctuations and TruVolume, or to learn how you can prevent loud commercials from invading your home, please visit http://www.truvolume.com/.

    About SRS Labs, Inc.

    Founded in 1993, SRS Labs is the industry leader in audio signal processing for consumer electronics. Beginning with the audio technologies originally developed at Hughes Aircraft, SRS Labs holds over 150 worldwide patents and is recognized by the industry as the foremost authority in research and application of audio post processing technologies based on the human auditory principles. Through partnerships with leading global CE companies, semiconductor manufacturers and software partners, SRS is recognized as the de facto standard in audio enhancement, surround sound, volume leveling and voice processing technologies. SRS solutions have been included in over one billion electronic products sold worldwide including flat panel HDTVs, STBs, mobile phones, portable media devices, PCs and automotive entertainment. SRS Labs supports its partners around the globe with a network of offices in regions including the U.S., China, Europe, Japan, Korea and Taiwan. For more information, visit http://www.srslabs.com/. Visit SRS Labs' blog at soundingoff.srslabs.com, on Facebook at http://www.facebook.com/srslabs or on Twitter at http://www.twitter.com/srslabs.

    Except for historical information contained in this release, statements in this release, including those by Mr. Gharapetian, may constitute forward-looking statements regarding our assumptions, projections, expectations, targets, intentions or beliefs about future events that are based on management's belief, as well as assumptions made by, and information currently available to, management. While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that the Company's goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect the Company's actual results and may cause results to differ materially from those expressed in forward-looking statements made by or on behalf of the Company. Some of these factors include the acceptance of new SRS Labs' products and technologies, the impact of competitive products and pricing, the timely development and release of technologies by the Company, general business and economic conditions, especially in Asia, and other factors detailed in the Company's Form 10-K and other periodic reports filed with the SEC. SRS Labs specifically disclaims any obligation to update or revise any forward-looking statement whether as a result of new information, future developments or otherwise.

    SRS Labs, Inc. Contact: Investor Relations Contact: Michael Bingham, PR Manager Matt Glover, Liolios Group, Inc. 949-442-5582 949-574-3860 michaelb@srslabs.com info@liolios.com Twitter: @SRSLabs

    Photo: http://www.newscom.com/cgi-bin/prnh/20070322/LATH036LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com SRS Labs, Inc.

    CONTACT: Michael Bingham, PR Manager of SRS Labs, Inc., +1-949-442-5582,
    michaelb@srslabs.com, Twitter: @SRSLabs; or Investor Relations, Matt Glover of
    Liolios Group, Inc., +1-949-574-3860, info@liolios.com

    Web Site: http://www.srslabs.com/
    http://www.truvolume.com/




    United, All Nippon Airways and Continental Apply to U.S. DOT for Approval of Antitrust Immunity & Trans-Pacific Joint Venture

    CHICAGO, TOKYO and HOUSTON, Dec. 23 /PRNewswire-FirstCall/ -- United Airlines , All Nippon Airways (ANA) and Continental Airlines today filed an application with the U.S. Department of Transportation for antitrust immunity to enable the three carriers to create a more efficient and comprehensive trans-Pacific network, generating substantial service and pricing benefits for consumers.

    The trans-Pacific joint venture - the first of its kind between the U.S. and Asia - also would enable United, ANA and Continental to compete more effectively with other global alliances, each of which has a significant presence in Tokyo.

    Upon DOT approval of the companies' immunity application, United, ANA and Continental will be able to jointly manage trans-Pacific activities including scheduling, pricing and sales, offering customers a greater selection of routings and a wider range of fare and service options.

    "This joint venture, coupled with the recently announced open skies agreement between the U.S. and Japan, will significantly enhance our ability to serve customers in Japan and throughout Asia and offer new choice and convenience for customers," said Glenn Tilton, United's chairman and chief executive officer.

    "By making this closer cooperation between our partner airlines, we will be able to strengthen our trans-Pacific network and improve our services," said Shinichiro Ito, President and CEO of ANA. "We are looking forward for our application to be approved, which will create greater convenience for our valued customers," he added.

    "Our network of service to nine Japanese cities will be enhanced by giving our customers more options for using our flights in conjunction with United and ANA for trips both within the region as well as on trans-Pacific routes," said Larry Kellner, Continental's chairman and chief executive officer.

    The Department of Transportation granted antitrust immunity to United and Continental in July 2009, enabling the two carriers to coordinate schedules and fares for services outside the United States.

    About United

    United Airlines, a wholly-owned subsidiary of UAL Corporation , operates approximately 3,300* flights a day on United and United Express to more than 200 U.S. domestic and international destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago and Washington, D.C. With key global air rights in the Asia-Pacific region, Europe and Latin America, United is one of the largest international carriers based in the United States. United also is a founding member of Star Alliance, which provides connections for our customers to 1,077 destinations in 175 countries worldwide. United's 47,000 employees reside in every U.S. state and in many countries around the world. News releases and other information about United can be found at the company's Web site at united.com.

    *Based on United's forward-looking flight schedule for October 2009 to October 2010.

    About ANA

    ANA is Japan's largest domestic carrier and the tenth largest airline in the world by passenger load, according to IATA rankings. Carrying almost 50 million passengers every year to 52 destinations in Japan and 26 cities throughout Asia, Europe and the US on its fleet of 214 aircraft, it is a leading Japanese provider of air transportation services. ANA is the launch customer of Boeing 787 Dreamliner and Mitsubishi Regional Jet, and has won awards in all categories for its product and services and was voted Airlines of the Year for 2007 by Air Transport World Magazines. ANA joined the Star Alliance in 1999 and celebrated its 10th year Star Alliance membership in October.

    About Continental

    Continental Airlines is the world's fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 2,400 daily departures throughout the Americas, Europe and Asia, serving 130 domestic and 132 international destinations. Continental is a member of Star Alliance, which provides access to more than 900 additional points in 169 countries via 25 other member airlines. With more than 41,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with its regional partners, carries approximately 63 million passengers per year. For more company information, go to continental.com.

    United Airlines; Continental Airlines; ANA

    CONTACT: Worldwide Press Office of United Airlines, +1-312-997-8640

    Web Site: http://www.united.com/
    http://www.continental.com/




    Amarc Financing Increased to $5.5 Million

    VANCOUVER, Dec. 23 /PRNewswire-FirstCall/ -- Amarc Resources Ltd. ("Amarc" or the "Company") (TSX Venture: AHR; OTCBB: AXREF) announces that an over allotment of 10% has been taken up on the private placement financing (see the Company's December 18, 2009 news release), involving up to an additional 1 million common shares at a price of $0.50 per share. None of the additional $500,000 raised will be flow-through. Insiders of the Company will participate. The financing is subject to TSX Venture Exchange acceptance.

    Amarc Resources Ltd. is a Vancouver-based exploration and development company which has made an important new gold discovery in south-central British Columbia. Amarc is affiliated with the Hunter Dickinson group, a private company associated with a series of successful mineral exploration and development projects in BC - including Golden Bear, Mt. Milligan, Kemess, Gibraltar and Prosperity.

    ON BEHALF OF THE BOARD Ronald W. Thiessen President & CEO

    Neither the TSX Venture Exchange nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this release.

    Forward Looking and other Cautionary Information

    This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address estimated resource quantities, grades and contained metals, possible future mining, exploration and development activities, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices for metals, the conclusions of detailed feasibility and technical analyses, lower than expected grades and quantities of resources, mining rates and recovery rates and the lack of availability of necessary capital, which may not be available to the Company on terms acceptable to it or at all. The Company is subject to the specific risks inherent in the mining business as well as general economic and business conditions. For more information on the Company, Investors should review the Company's annual Form 20-F filing with the United States Securities and Exchange Commission and its home jurisdiction filings that are available at http://www.sedar.com/.

    Amarc Resources Ltd.

    CONTACT: on Amarc Resources Ltd., please visit the Company's website at
    http://www.amarcresources.com/ or contact Investor Services at (604) 684-6365 or
    within North America at 1-800-667-2114




    Ram Power, Corp. announces Orita Project Conditional Use Permit

    RENO, NV, Dec. 23 /PRNewswire-FirstCall/ -- Ram Power, Corp. (TSX:RPG) ("Ram Power), through its wholly owned subsidiary Ram Power, Inc., has received a Geothermal Conditional Use Permit ("the Permit") for the 49.9 MW Orita I Project located in the Imperial Valley, California ("the Project"). The permit allows Ram Power to drill, sample, monitor and flow test up to six exploratory wells to determine the geothermal resource potential in the area. Ram Power intends to commence the drilling of several large diameter wells that may be utilized for commercial production/injection by the end of the first quarter 2010.

    The Imperial County Planning Commission voted unanimously to grant the Permit, which is the first step in the construction of the $226 million Project scheduled for completion in the first quarter of 2013. Ram Power has a Power Purchase Agreement in place with Southern California Edison for up to 300 MW of clean, reliable power from its Orita geothermal leasehold.

    As a representative for landowners of the 3,500 acres associated with the Project, Scott Emanuelli, said "We are very excited about the opportunities presented in the partnership with Ram Power. We are looking forward to a successful project and to future relationship we will have with Ram Power."

    Christall Morris, Vice President, Land and Permitting for Ram Power, said "Approval of the Conditional Use permit is a key project milestone. We appreciate the support given to us by community, the Imperial County Planning Commission and the state of California as we advance the Orita I Geothermal Project."

    About Ram Power, Corp.

    Ram Power is a renewable energy company based in Reno, Nevada engaged in the business of acquiring, exploring, developing and operating geothermal properties and has an interest in geothermal projects primarily in California, Nicaragua and Nevada.

    Cautionary Statements

    This press release contains "forward-looking information" within the meaning of applicable securities laws including information regarding the business of Ram. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by this information. The statements in this press release are made as of the date of this release. Ram Power undertakes no obligation to update forward looking information, other than as required by law, or comment on analyses, expectations or statements made by third-parties in respect of Ram, or its financial or operating results or its securities.

    Ram Power, Corp.

    CONTACT: Dan Schochet, Executive Vice President, Ram Power, Corp., Phone
    (775) 398-3703, Email: Dan@ram-power.com, http://www.ram-power.com/




    John Hancock and Hoosier Energy Settle Litigation

    BOSTON, Dec. 23 /PRNewswire/ -- John Hancock Life Insurance Company and Hoosier Energy Rural Electric Cooperative today said they were pleased that the United States District Court, Southern District of Indiana, has approved a settlement of litigation involving a leaseback transaction between the parties. All parties to the litigation are covered by such settlement.

    Terms of the settlement are confidential.

    "We are pleased to reach this agreement that meets the needs of both parties and appreciate the court's support in the mediation efforts," said Chris Tryba, Hoosier Energy's Communications Manager. "This is an equitable agreement, and our focus now is on moving forward to further strengthen our cooperative and continuing to meet the power supply needs of members."

    "We welcome the conclusion to these negotiations. The court's mediation efforts enabled both parties to achieve an equitable and mutually satisfactory resolution," said Jonathan Chiel, General Counsel for John Hancock. "We are now able to move forward with a resolution that is fair to both sides and protects the interests of our company and its policyholders."

    In 2002, Hoosier Energy leased a portion of its Merom power plant to John Hancock, which then leased it back to the cooperative, providing financial benefits to both parties.

    About Hoosier Energy Rural Electric Cooperative

    Hoosier Energy is a Bloomington, Indiana based cooperative that operates coal, natural gas and renewable energy power plants and delivers electricity through a 1,500-mile transmission network to eighteen member distribution cooperatives that serve 300,000 consumers in central and southern Indiana and southeastern Illinois.

    About John Hancock Financial and Manulife Financial Corporation

    John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners.

    John Hancock Life Insurance Company

    CONTACT: JOHN HANCOCK, Roy Anderson, +1-617-663-4746,
    rvanderson@jhancock.com; HOOSIER ENERGY, Chris Tryba, +1-812-876-0337,
    ctryba@hepn.com




    WesBanco Repurchases the Warrant Issued Under the U.S. Department of the Treasury's Capital Purchase Program Established as Part of Troubled Asset Relief Program

    WHEELING, W.Va., Dec. 23 /PRNewswire-FirstCall/ -- Paul M. Limbert, President and Chief Executive Officer of WesBanco, Inc. , a Wheeling, West Virginia based multi-state bank holding company, today announced that WesBanco, after receiving approval from the U.S. Treasury Department, repurchased from the U.S. Department of the Treasury the warrant for the purchase of 439,282 shares of its common stock for a purchase price of $950,000 or $2.16 per share. The funds used to redeem the warrant were derived from internal sources. The Warrant was issued on December 5, 2008 under the Capital Purchase Program (CPP) established by the Treasury as part of the Troubled Asset Relief Program (TARP). WesBanco previously repurchased all of the Company's Fixed Rate Cumulative Perpetual Preferred Stock on September 9, 2009. WesBanco is now completely out of the TARP Program.

    There is no material financial statement impact from the repurchase of the warrant.

    WesBanco is a multi-state bank holding company with total assets of approximately $5.5 billion, operating through 114 branch locations and 138 ATMs in West Virginia, Ohio, and Pennsylvania. WesBanco's banking subsidiary is WesBanco Bank, Inc., headquartered in Wheeling, West Virginia. WesBanco also operates an insurance brokerage company, WesBanco Insurance Services, Inc., and a full service broker/dealer, WesBanco Securities, Inc.

    Forward-looking Statements

    Forward-looking statements in this report relating to WesBanco's plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The information contained in this report should be read in conjunction with WesBanco's Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission ("SEC"), including WesBanco's Form 10-Q's as of March 31, June 30, and September 30, 2009, which are available at the SEC's website http://www.sec.gov/ or at WesBanco's website, http://www.wesbanco.com/. Investors are cautioned that forward-looking statements, which are not historical fact, involve risks and uncertainties, including those detailed in WesBanco's most recent Annual report on Form 10-K filed with the SEC under Part I, Item 1A. Risk Factors. Such statements are subject to important factors that could cause actual results to differ materially from those contemplated by such statements, including without limitation, the effects of changing regional and national economic conditions; changes in interest rates, spreads on earning assets and interest-bearing liabilities, and associated interest rate sensitivity; sources of liquidity available to WesBanco and its related subsidiary operations; potential future credit losses and the credit risk of commercial, real estate, and consumer loan customers and their borrowing activities; actions of the Federal Reserve Board, Federal Deposit Insurance Corporation, the SEC, the Financial Institution Regulatory Authority and other regulatory bodies; potential legislative and federal and state regulatory actions and reform; adverse decisions of federal and state courts; fraud, scams and schemes of third parties; internet hacking; competitive conditions in the financial services industry; rapidly changing technology affecting financial services; greater than expected outflows on recent branch acquisition deposits; marketability of debt instruments and corresponding impact on fair value adjustments; and/or other external developments materially impacting WesBanco's operational and financial performance. WesBanco does not assume any duty to update forward-looking statements.

    WesBanco, Inc.

    CONTACT: Paul M. Limbert, President and Chief Executive Officer, or
    Robert H. Young, Executive Vice President and Chief Financial Officer, both of
    WesBanco, Inc., +1-304-234-9000

    Web Site: http://www.wesbanco.com/




    Infosys Technologies to Announce Third Quarter Results on January 12, 2010

    BANGALORE, India and FREMONT, Calif., Dec. 23 /PRNewswire-FirstCall/ -- Infosys Technologies Limited , a world leader in consulting and information technology services, will announce results for its third quarter ending December 31, 2009 on Tuesday, January 12, 2010, Indian Standard Time (IST) (on the night of Monday, January 11, 2010, US Eastern Time (ET)). The results will also be available on Infosys' website http://www.infosys.com/.

    Following the release, Infosys' CEO and Managing Director, Mr. S. Gopalakrishnan, the COO, Mr. S.D. Shibulal, and the CFO, Mr. V. Balakrishnan, and other members of the senior management will comment on the company's performance. This will be telecast by CNBC-TV 18 as part of its 'Boardroom' series from Mysore at 10:30 a.m. IST on January 12, 2010 (this will not be telecast in the US). An archive of this event will be uploaded on http://www.infosys.com/ after 2:00 p.m. IST on January 12, 2010 (after 3:30 a.m. US ET on January 12, 2010).

    Financial results to mobile phone users in India

    Highlights of the results will be made available to mobile phone users in India through SMS. To access the highlights on SMS, type "R Infosys" ("R" space "Infosys") or "Results Infosys" ("Results" space "Infosys") and send it to 51818 (which is CNBC on your handset). Results on SMS will be available after 10:00 a.m. on Tuesday, January 12, 2010.

    Earnings call (2:00 p.m. - 3:00 p.m. IST)

    The company will conduct an hour-long conference call at 2:00 p.m. IST (3:30 a.m. ET) on January 12, 2010, where the senior management will discuss the company's performance and answer questions from participants. To participate in the conference call, please dial the numbers provided below, five to 10 minutes before the scheduled start time. During this interim, the operator will provide instructions on how to ask questions. As participation in the call is limited to 100 in Mumbai, 20 in Bangalore, and 25 outside India, early registration (by calling the numbers 10-15 minutes before the scheduled start time) is encouraged.

    This event will be webcast live on the Internet, following which it will be archived at http://www.infosys.com/. The archive will be available after 5:00 p.m. IST on January 12, 2010 (after 6:30 a.m. US ET on January 12, 2010). In addition, a transcript of the conference call will be available at http://www.infosys.com/.

    Earnings call with US and European Investors (8:30 a.m. - 9:30 a.m., US ET)

    The company will also conduct an hour-long conference call at 8:30 a.m. ET (7:00 p.m. IST) on January 12, 2010, where the senior management will discuss the company's performance and answer questions from participants. To participate in the conference Call, please dial +1-866-746-2133 or +1 866-746-2133 which are toll-free and toll numbers, respectively.

    Prior to the call, the operator will provide instructions on how to ask questions during the call. As participation in the call is limited to 150, early registration (by calling the numbers 10-15 minutes before the scheduled start time) is encouraged.

    This event will be webcast live on the Internet and an archive can be accessed at http://www.infosys.com/ after 11:30 a.m. ET on January 12, 2010 (after 10:00 p.m. IST on January 12, 2010). A transcript of the conference call will be available at http://www.infosys.com/.

    Summary of events Event Date and Time Web-site/Channel Telephone / Fax No. ---------------- ---------------- ---------------- -------------------- Earnings release Morning of http://www.infosys.com/ over the wire January 12, services 2010(IST) Night of January 11, 2010 (ET) ---------------- ---------------- ---------------- -------------------- Live broadcast 10:30 a.m. CNBC-TV 18 of management's January 12, comment on the 2010 (IST) results No telecast in the US ---------------- ---------------- ---------------- -------------------- Archived webcast 2:00 p.m. http://www.infosys.com/ of management's January 12, comment on the 2010 (IST) results 3:30 a.m. January 12, 2010 (ET) ---------------- ---------------- ---------------- -------------------- Earnings 2:00 - 3:00 p.m. http://www.infosys.com/ TOLL, MUMBAI: conference call January 12, +91-22-6629-0463 2010 (IST) +91-22-3065-0463 3:30 - 4:30 a.m. TOLL, BANGALORE: January 12, India +91-80-6000-1221 2010 (ET) 1-860-180-2215 ---------------- -------------------- Singapore TOLL-FREE: 800-101-2045 ---------------- -------------------- Hong Kong TOLL-FREE: 800-964-448 ---------------- -------------------- Japan TOLL-FREE: 00531-161-110 ---------------- -------------------- UK TOLL-FREE: 0808-101-1573 ---------------- -------------------- Germany TOLL-FREE: 0800-180-6566 ---------------- -------------------- France TOLL-FREE: 0800-914-745 ---------------- -------------------- US TOLL-FREE: 1-866-746-2133 ---------------- ---------------- ---------------- -------------------- Replay of Through http://www.infosys.com/ TOLL, MUMBAI: conference call January 17, 2010 +91-22-3065-1212 Passcode:4636# TOLL, BANGALORE: +91-80-3940-3988 Passcode:4636# ---------------- ---------------- ---------------- -------------------- Earnings 7:00 - 8:00 p.m. http://www.infosys.com/ TOLL-FREE, US: conference call January 12, +1-866-746-2133 2010 (IST) INTERNATIONAL TOLL: Questions during +1-866-746-2133 8:30 - 9:30 a.m. the call can be January 12, addressed to 2010 (ET) sandeep_mahindroo TOLL, MUMBAI: @infosys.com +91-22-6629-0463 +91-22-3065-0463 TOLL, BANGALORE: +91-80-6000-1221 1-860-180-2215 ---------------- ---------------- ---------------- -------------------- Replay of Through http://www.infosys.com/ TOLL-FREE: conference call January 17, USA +1-877-344-7529 2010 (India) INTERNATIONAL TOLL: +1-412-317-0088 Through TOLL, MUMBAI: February 16, +91-22-3065-1212 2010 (US) Passcode:4637# TOLL, BANGALORE: +91-80-3940-3988 Passcode:4637# ---------------- ---------------- ---------------- -------------------- About Infosys Technologies Ltd

    Infosys defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 105,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For more information, visit http://www.infosys.com/.

    Safe Harbor

    Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2009 and on Form 6-K for the quarters ended June 30, 2009 and September 30, 2009 . These filings are available at http://www.sec.gov/. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.

    Infosys Technologies Ltd.

    CONTACT: Investor Relations: Shekar Narayanan, India, +91 (80) 4116
    7744, shekarn@infosys.com, or Sandeep Mahindroo, US, +1-646-254 3133,
    sandeep_mahindroo@infosys.com; or Media Relations, Sarah Vanita Gideon, India,
    +91 (80) 4156 4998, Sarah_Gideon@infosys.com, or Peter McLaughlin, USA,
    +1-213-268 9363, Peter_McLaughlin@infosys.com

    Web Site: http://www.infosys.com/




    Hospira to Present at J.P. Morgan 28th Annual Healthcare Conference Jan. 13, 2010

    LAKE FOREST, Ill., Dec. 23 /PRNewswire-FirstCall/ -- Hospira, Inc. , a leading global specialty pharmaceutical and medication delivery company, today announced that the company will present at the J.P. Morgan 28th Annual Healthcare Conference on Wednesday, Jan. 13, 2010, in San Francisco.

    The presentation is scheduled to begin at 8:30 a.m. Pacific time on Wednesday, Jan. 13, 2010. It will be available to all interested parties through a live audiocast accessible via the investor relations section of Hospira's Web site at http://www.hospirainvestor.com/. Listeners should log on approximately 10 minutes in advance to ensure proper setup to receive the audiocast. The slides accompanying the presentation will be available on the Hospira Web site. A replay of the webcast will be available on the Hospira Web site approximately 24 hours after the live presentation for 30 days after the event.

    About Hospira

    Hospira, Inc. is a global specialty pharmaceutical and medication delivery company dedicated to Advancing Wellness(TM). As the world leader in specialty generic injectable pharmaceuticals, Hospira offers one of the broadest portfolios of generic acute-care and oncology injectables, as well as integrated infusion therapy and medication management solutions. Through its products, Hospira helps improve the safety, cost and productivity of patient care. The company is headquartered in Lake Forest, Ill., and has approximately 14,000 employees. Learn more at http://www.hospira.com/.

    Photo: http://www.newscom.com/cgi-bin/prnh/20040503/HSPLOGO
    http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Hospira, Inc.

    CONTACT: Media, Stacey Eisen, +1-224-212-2276, or Financial Community,
    Karen King, +1-224-212-2711, both of Hospira, Inc.

    Web Site: http://www.hospira.com/




    Boeing Delivers Four Next-Generation 737-900ERs to Lion Air

    SEATTLE, Dec. 23 /PRNewswire-FirstCall/ -- Boeing delivered four Next-Generation 737-900ER (Extended Range) airplanes to Lion Air in December. The new jetliners will be deployed to increase frequencies on existing routes and to replace older airplanes in the fleet.

    Lion Air, a Jakarta-based private carrier in Indonesia, is the launch customer of the 737-900ER. The airline operates an all-Boeing fleet, which includes MD-80s, MD-90s and 747s. It has a fleet of 41 737s including Classics and Next-Generation models.

    Shown here are three of the four airplanes as they are being prepared for delivery to Lion Air. The unique photo opportunity occurred at the 737 Customer Delivery Center at Boeing Field in Seattle.

    Photo and caption are available here: http://boeing.mediaroom.com/ Neg. K64824-03 Contact: International Communications: Linda Lee +1 206 766 2905 Linda.a.lee@boeing.com

    Boeing

    CONTACT: Linda Lee, International Communications of Boeing,
    +1-206-766-2905, Linda.a.lee@boeing.com

    Web Site: http://www.boeing.com/




    S&P Equity Research Announces Its First 2010 WebinarUP AGAIN IN 2010 OR REVERSAL OF FORTUNE? S&P's senior equity strategists and economists will share their outlooks for global economies and equity markets, as well as their recommendations about how to position portfolios for the year ahead. A special presentation on S&P's ETF ranking methodology will be included. This webinar will be held on Wednesday, January 13th @ 11:00 am EST.

    NEW YORK, Dec. 23 /PRNewswire/ -- U.S. and international stocks have increased sharply since their March 2009 lows, and there has been stronger economic growth than expected. Will the bull market continue its strong run in 2010 or is caveat emptor for investors? Standard & Poor's Equity Research Services' leading economic and investment strategists will focus on potential investment risks and opportunities for 2010 in this Equity Research webinar.

    -- Since WW II, neither the S&P 500 nor any of its sectors have ever fallen in price during the second year of a bull market. Will history repeat itself, or will this time be different? -- Revenue percentage changes are projected to move back in to the black in Q4 2009 by many analysts and economists. Will the trend continue in 2010, or will bleak fundamentals interrupt investors' optimism? -- What are the chances of a double dip recession? -- When will the Federal Reserve raise interest rates? -- How far can the bull market go? -- What areas of the market look best from a technical perspective? -- Will international equities continue to outperform U.S. equities in 2010? -- Will emerging market stocks continue to lead the way? -- How are ETF investors dealing with market volatility? -- What ETFs does S&P believe are positioned to benefit in today's market?

    WHAT: Hosted by Sam Stovall, Chief Investment Strategist for Standard & Poor's Equity Research, this webinar will offer listeners actionable investment intelligence based on Standard & Poor's insights as there are signs of an economic and stock market rebound.

    Questions will be taken from webinar participants after a brief presentation by each panelist.

    WHO: Standard & Poor's economists, strategists, and analysts participating in the webinar:

    -- David Wyss, Chief Economist, Standard & Poor's -- Sam Stovall, Chief Investment Strategist, Standard & Poor's Equity Research -- Alec Young, International Equity Strategist, Standard & Poor's Equity Research -- Mark Arbeter, Chief Technical Strategist, Standard & Poor's Equity Research -- Tom Graves, Standard & Poor's Equity Analyst and co-developer of S&P's ETF Ranking Methodology

    WHY: Investors, advisors and financial media can gain access to the financial market intelligence of Standard & Poor's, the world's largest producer of independent equity research. Standard & Poor's Equity Research delivers these insights everyday through products, such as MarketScope® Advisor. These offerings draw from Standard & Poor's Equity Research's data, knowledge and research from its analysts, proprietary STARS coverage and Stock Reports.

    WHEN: Wednesday, January 13, 2010 at 11:00 a.m. EST, for one hour.

    Event Details: Click Here to register for the event. One hour of CFP continuing education credit is available for this event. (If you experience any difficulty while registering for this event, please contact Marc Eiger at 212-438-1280, or via e-mail to marc_eiger@standardandpoors.com.)

    Standard & Poor's equity research, mutual fund, exchange-traded fund and bond research can be found on MarketScope® Advisor, Click Here http://advisor.marketscope.com/. More information on Standard & Poor's MarketScope Advisor is available by calling 1-877-219-1247. MarketScope Advisor is part of the Standard & Poor's Equity Research Services family of products. MarketScope Advisor provides financial advisors with actionable investment intelligence on multiple asset classes including stocks, ETFs, mutual funds, bonds, variable annuities, and workflow tools that enable advisors to stay connected to the market and their investments.

    Standard & Poor's equity and fund research draws from STARS coverage and detailed financial information, such as valuation models, sector and peer group analysis, and proprietary Standard & Poor's metrics such as Fair Value and Quality Rankings, on global equities.

    About Standard & Poor's Equity Research Services

    As the world's largest producer of independent equity research, Standard & Poor's licenses its research to global institutions for their investors and advisors. Standard & Poor's team of experienced U.S., European and Asian equity analysts use a fundamental, bottom-up approach to assess a global universe of multi-asset class securities across industries worldwide. Follow Standard & Poor's equity analysts' U.S. market commentary each day at http://www.equityresearch.standardandpoors.com/.

    The equity research reports and recommendations provided by Standard & Poor's Equity Research Services are performed separately from any other analytic activity of Standard & Poor's. Standard & Poor's Equity Research Services has no access to non-public information received by other units of Standard & Poor's. Standard & Poor's does not trade for its own account. The analytical and ethical conduct of Standard & Poor's equity analysts is governed by the firm's Research Objectivity Policy, a copy of which may also be found at http://www.standardandpoors.com/ or by clicking here.

    About Standard & Poor's

    Standard & Poor's Financial Services, LLC, a subsidiary of The McGraw-Hill Companies, Inc., is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for nearly 150 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/.

    Disclaimers

    This material is based upon information that we consider to be reliable, but neither S&P nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. With respect to reports issued to clients in Japan and in the case of inconsistencies between the English and Japanese version of a report, the English version prevails. Neither S&P nor its affiliates guarantee the accuracy of the translation. Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice. Neither S&P nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance is not necessarily indicative of future results.

    This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested. Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate. Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor. The information contained in this report does not constitute advice on the tax consequences of making any particular investment decision. This material is not intended for any specific investor and does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation of particular securities, financial instruments or strategies to you. Before acting on any recommendation in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice.

    Standard & Poor's

    CONTACT: Marc Eiger, Communications, +1-212-438-1280,
    marc_eiger@standardandpoors.com

    Web Site: http://www.standardandpoors.com/




    MISCOR Group Announces Sale of AMP Montreal Business Unit As Initial Step in Overall Restructuring Plan

    SOUTH BEND, Ind., Dec. 23 /PRNewswire-FirstCall/ -- Industrial services provider MISCOR Group, Ltd. (BULLETIN BOARD: MIGL) today announced the initiation of a comprehensive restructuring plan designed to refocus the Company on its core industrial services business. The restructuring plan includes a number of organizational changes and the sale of non-core businesses based on the Company's refocused vision.

    On Monday, December 21, MISCOR completed the sale of its AMP-Montreal business unit, one of its businesses in the Rail Service Segment. AMP was sold to Novatech, Inc. of Montreal for $1.5 million, including $1.1 million in cash and a note for $400,000 to be paid over three years. The sale follows MISCOR's recent announcement that it would pursue divestures of certain businesses that did not align with its long-term vision.

    The restructuring plan also calls for MISCOR to divest its remaining subsidiaries in the Rail Services segment, as well as its Construction Services subsidiaries, allowing MISCOR to concentrate on industrial and utility services as the refocused vision for the company.

    "We see long-term growth opportunities in the industrial services segment, including the wind and utility markets, as well as the heavy industrial market we have traditionally served. The restructuring plan calls for the Company to focus its energy and resources in these core markets," said John A. Martell, President and CEO of MISCOR Group. "Macro-economic conditions have created many challenges for industrial service companies in the last year, but we remain convinced that those who survive will be faced with tremendous growth opportunities. We are positioning MISCOR to participate in the expected turnaround in industrial services by reducing our cost structure, outsourcing non-core functions, and realigning our management team."

    As part of its current restructuring, MISCOR is reorganizing and reducing the cost of its management structure. James Lewis, Vice President, Secretary and General Counsel, has resigned his role as Vice President of MISCOR but continues to serve the Company on a consulting basis as outside General Counsel and Secretary. Bernie DeWees has stepped down as President of Magnetech Industrial Services but continues to serve Magnetech as a consultant to the Industrial Services leadership team. Edward Matheny, Vice President, Sales and Marketing of Magnetech Industrial Services, has been elevated to Executive Vice President and will oversee Magnetech operations while continuing to lead Magnetech's sales and marketing team.

    Martell continued: "We are excited to have Ed Matheny take on a greater role for Magnetech. He will continue to work closely with Bernie DeWees, but this promotion will engage Ed's dynamic management skills with the operating side of our industrial services business. I will continue to provide oversight and strategic direction to the industrial service business."

    The Company has retained Western Reserve Partners LLC, based in Cleveland, to help with the divestiture of its remaining Rail Services subsidiaries. The Company is also in discussions regarding the potential sale of MISCOR's Construction Services subsidiaries to Mr. Martell.

    Martell concluded: "We are pleased with the progress we've made to ensure that our Company remains positioned and appropriately structured to achieve sustainable long-term growth and profitability. MISCOR began as an industrial services company, and it is time to return to our core business. We expect that our rail and construction businesses will enjoy greater success as independent companies after their divestiture, without the capital constraints caused by being part of MISCOR in this difficult economic period. The proceeds from these transactions will pay down part of the Company's debt, with any remaining proceeds expected to provide working capital to help fuel the growth we anticipate within Magnetech Industrial Services in the coming year."

    About MISCOR

    South Bend, Ind.-based MISCOR Group, Ltd. (BULLETIN BOARD: MIGL) currently provides electrical and mechanical solutions to industrial, commercial and institutional customers through three segments: Industrial Services, consisting of the Company's maintenance and repair services to several industries including electric motor and wind power and repairing, manufacturing, and remanufacturing industrial lifting magnets for the steel and scrap industries, Construction and Engineering Services, consisting of MISCOR's electrical and mechanical contracting services, mainly to industrial, commercial, and institutional customers, and Rail services, consisting of the Company's manufacturing and rebuilding of power assemblies, engine parts, and other components related to large diesel engines and its locomotive maintenance, remanufacturing, and repair services for the rail industry.

    Forward-Looking Statements

    This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Words such as "anticipates," "believes," "estimates," "expects," "intends," "should," "could," "will," or variations of such words and similar expressions are intended to identify forward-looking statements. These forward-looking statements reflect the Company's views, expectations and beliefs at the time such statements were made with respect to such matters, and may cover such items as the Company's future plans, objectives, events, contract pricing and results such as revenues, expenses, income, earnings per share, capital expenditures, operating margins, financial position, expected results of operations and other financial items. There are a number of factors, many of which are beyond the Company's control, which could cause actual results and outcomes to differ materially from those described in the forward-looking statements. Forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions ("Risk Factors") that make the timing, extent, likelihood and degree of occurrence of these matters difficult to predict. Risk Factors include, among others: price of raw materials, ability to win and service competitively priced new contracts in sufficient amounts to operate and expand effectively, employee turnover, ability to compete in highly competitive, geographically diverse marketplaces, ability to complete planned divestitures and varying and sometimes volatile economic conditions. For further discussion of risks and uncertainties, individuals should refer to the Company's SEC filings. MISCOR Group, Ltd. undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release is issued. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.

    MISCOR Group, Ltd.

    CONTACT: Karen Keller or Jeff Lambert, both of Lambert, Edwards &
    Associates, +1-616-233-0500, kkeller@lambert-edwards.com




    Seneca Foods Corporation Retains ICR for Investor Relations ServicesCompany Presenting at 12th Annual ICR XChange Conference

    MARION, N.Y., Dec. 23 /PRNewswire-FirstCall/ -- Seneca Foods Corporation , a leading nationwide producer of canned fruits and vegetables, today announced that it has retained ICR, a leading investor relations and strategic advisory firm, to assist in the Company's shareholder communications program.

    ICR, founded in 1998 by a group of former institutional capital markets professionals, is headquartered in Westport, Connecticut, with additional offices in New York City, Los Angeles, Boston, Chicago, Minneapolis, Beijing, and Shanghai. ICR provides comprehensive communication services ranging from ongoing investor relations and public relations to crisis and transaction support, corporate governance and digital media projects. Employing more than 100 professionals and representing more than 225 companies, ICR is one of the fastest growing IR firms in the United States.

    Roland E. Breunig, Chief Financial Officer, stated, "We are excited to announce our partnership with ICR as we seek to increase our visibility within the investment community and more effectively target our communications to interested stakeholders. As one of the leading national producers of canned produce, Seneca Foods is positioned well to benefit from several favorable industry and consumer trends, including the ongoing shift in food and beverage consumption towards better-for-you products and the increasing acceptance and demand for private label canned produce. Therefore, we feel it is appropriate to expand our investor relations outreach to ensure all potential stakeholders are aware of Seneca Foods' growth and development opportunities. We are confident that ICR's extensive knowledge of the capital markets, as well as considerable background in the food and beverage industry, will be instrumental in driving this effort."

    Seneca Foods is scheduled to present at the upcoming 12th Annual ICR XChange Conference to be held at the St. Regis Monarch Beach Resort & Spa in Dana Point, CA. The presentation will begin at 11:35am PT on January 14th.

    Investors and interested parties may listen to the live webcast of this presentation. To access the webcast, please visit http://www.senecafoods.com/ and click on "Company Profile" and then "Investor Information" at the appropriate time. A replay of the presentation will be available for one week.

    About Seneca Foods Corporation

    Seneca Foods is one of the country's largest processors of canned fruits and vegetables with manufacturing facilities located throughout the United States. Its products are sold under the Libby's, Aunt Nellie's Farm Kitchen, Stokely's, READ, and Seneca labels as well as through the private label and industrial markets. In addition, under an alliance with General Mills Operations, LLC, a successor to the Pillsbury Company and a subsidiary of General Mills, Inc., Seneca produces canned and frozen vegetables, which are sold by General Mills Operations, LLC under the Green Giant label. Seneca's common stock is traded on the Nasdaq Global Stock Market under the symbols "SENEA" and "SENEB".

    Seneca Foods Corporation

    CONTACT: Roland E. Breunig, Chief Financial Officer, Seneca Foods
    Corporation, +1-608-757-6000; Don Duffy, ICR, Inc., +1-203-682-8200; Laura
    Foster, ICR, Inc., +1-310-954-1100

    Web Site: http://www.senecafoods.com/




    PCS Edventures! Announces Professional Development Program Launch in Kingdom of Saudi Arabia

    BOISE, Idaho, Dec. 23 /PRNewswire-FirstCall/ -- PCS Edventures!.com, Inc. (BULLETIN BOARD: PCSV) ("PCS") today announced the signing of an agreement between PCS' Middle Eastern distributor, Global Techniques dba PCS Middle East, and the Prince Salman Center for Creating Leaders, involving the launch of a robotics professional development initiative for educators in the Kingdom of Saudi Arabia in January 2010. The Prince Salman Center is a subsidiary of Al Riyadh Schools, which is managed by Dr. Abdulilah Musharraf, who visited PCS in the United States in September 2009.

    The Certified Robotics Educator (CRE) training program developed by PCS in Boise, Idaho consists of hands-on robotics workshops designed to introduce educators to the application and effectiveness of robotics in K-12 education. The objective of this training is to develop awareness, understanding, and confidence in a number of robotics systems used in education, and to provide educators with hands-on experience with the PCS Robotics system. PCS' CRE course modules address robotics systems, popular platforms on the market today, programming environments and concepts, and background information on robotics competitions. The program also addresses how robotics provides a strong foundation for experiential learning techniques, the design process, and developing teamwork and communications skills among student populations. Teachers and educators from throughout the Kingdom of Saudi Arabia who attend the workshops will earn professional development credits and will utilize PCS robotics products: the PCS Brain, PCS's proprietary robotic controller; and the Cortex, PCS' proprietary programming environment.

    "We are excited to announce this program launch and to continue developing our presence and reputation for teacher training in the Middle East," stated Dr. Jim Schmidt, Director of Professional Development programs for PCS. "The Certified Robotics Educator program is a subset of our Leadership in Educational Techniques Series (LETS) that focuses on a variety of topics, ranging from classroom management and student-centered learning approaches to the appropriate applications of technology in the classroom. All of these topics are relevant and in demand due to the massive educational reform movement currently underway in the Kingdom of Saudi Arabia."

    "As mentioned in our September 15, 2009 press release regarding Al Riyadh Schools, this relationship will continue to expand into other areas. This professional development program comprises a key element in our growing relationship with Al Riyadh Schools and expands our showcase and platform for the demonstration and promotion of all PCS products and services to the educational leaders of Saudi Arabia," added Robert Grover, Executive Vice President of PCS.

    About Al Riyadh Schools

    Al Riyadh Schools, which is considered the top-rated private school in the Kingdom of Saudi Arabia, features extensive campuses and facilities for both girls and boys. Originally established to serve Saudi royalty, the Al Riyadh Schools have been a leader in innovation and quality education for over thirty years.

    About PCS Edventures!

    PCS Edventures! is the recognized leader in the design, development and delivery of educational learning labs bundled with related technologies and programs to the K-12 market worldwide. The PCS suite of products ranges from hands-on learning labs in technology-rich topics in Science, Technology, Engineering and Math (STEM) to services rich in imagination, innovation, and creativity. PCS programs are currently being used in over 6,000 sites in all 50 United States as well as in 17 countries internationally. Additional information is at http://www.edventures.com/

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. Additional information respecting factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended March 31, 2009 and Form 10-Q for the three months ended September 30, 2009 as filed with the Securities and Exchange Commission.

    PCS Edventures!.com, Inc.

    CONTACT: Financial Contact, Janelle Conaway, 1-800-429-3110, ext. 101,
    jconaway@pcsedu.com, or Investors, Robert Grover, 1-800-429-3110, ext. 119,
    rgrover@pcsedu.com, both of PCS Edventures!.com, Inc.

    Web Site: http://www.edventures.com/




    AEP's Cook Nuclear Unit 1 Reaches Full Reactor Power

    BRIDGMAN, Mich., Dec. 23 /PRNewswire-FirstCall/ -- American Electric Power's Cook Nuclear Plant Unit 1 reached full power Tuesday after completing testing and monitoring of the restored turbine generator system. Reactor start-up began last Friday, and an initial connection to the transmission grid took place early Saturday morning. Although at full reactor power, the electrical output will be reduced by an annual average of approximately 70 megawatts because the repaired low-pressure turbine rotors do not include the largest row of blades. New low-pressure turbine rotors that support full electrical output will be installed in the fall of 2011.

    The 1,030-megawatt unit had been out of service since September 2008 when turbine vibrations, caused by broken low-pressure turbine blades, damaged the turbine generator, support structures and associated systems.

    Cook Unit 1 is now scheduled for refueling in March 2010. While there would be sufficient fuel to operate for a longer period, the refueling will be done then to maintain a site refueling schedule that does not require both units to be off line at the same time.

    American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation's largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation's largest electricity transmission system, a nearly 39,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP's transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP's headquarters are in Columbus, Ohio.

    American Electric Power

    CONTACT: Media, Bill Schalk, Communications Manager, Cook Nuclear Plant,
    +1-269-235-1772

    Web Site: http://www.aep.com/




    Greenscape Closes Acquisition of Energy Retrofit Company, Green.Switch

    VANCOUVER, Canada, December 23 /PRNewswire/ --

    - Rapidly Growing Green.Switch now 100% Owned by Greenscape Capital

    Greenscape Capital Group Inc. ("Greenscape") TSX-V: - GRN is pleased to announce that the definitive agreement has completed relating to its acquisition of 100% of the issued and outstanding shares of Green.Switch Capital Ltd. ("Green.Switch") by way of a share transaction based on earnings before income tax, depreciation, and amortization (EBITDA). Closing is complete, subject to regulatory approval.

    Terms:

    The terms of the acquisition are based on a share exchange between Greenscape and Green.Switch whereby Green.Switch has the ability to earn up to two million common shares and a Director of Green.Switch a further 200,000 stock option in Greenscape.

    - Immediately, Greenscape will issue 200,000 of the above referenced common shares and 20,000 of the above referenced options. The shares and options are subject to a four month and one day hold period. The options have been set at $0.50. - The balance of the 1.8 million shares and 180,000 options will be issued from treasury and granted to Green.Switch based on the following financial-quarter EBITDA:

    1. For every $200,000 in EBITDA that is recorded in the financial statements of Green.Switch, Greenscape will issue from treasury 150,000 common shares and 15,000 stock options.

    2. Green.Switch has been granted 12 financial quarters to earn the maximum of 1.8 million common shares and 180,000 stock options.

    Bryan Slusarchuk, Greenscape CEO, states, "Greenscape could not be more pleased with this closing and the terms associated with the deal. Green.Switch is a first mover in a unique segment of the energy retrofit business and we look forward to working with their top quality management team as they ramp up large scale projects throughout North America."

    Management of Green.Switch

    Ryan Skomorowski, CEO, the founder, director and chief executive officer of Green.Switch, will continue to direct the company, with significant experience in finance, securities, property development, construction and environmental initiatives. Among the major projects he has spearheaded recently is the $250-million Burnaby Mountain Sports & Medical Centre, which is expected to go forward during 2010.

    Paul B. Clough, Director, has significant expertise on environmental and carbon offset issues. He has spoken to international audiences regarding these matters and has been involved in multiple alternative energy projects. He was instrumental in founding Kinetic Power Corp., which is playing a role in the development of new clean technology for energy-producing, low-temperature geothermal plants.

    Nick Skomorowski, Senior Advisor has had a diverse, megaproject management career during which he has supervised more than $1 billion in construction projects. Notable projects that he has been involved with during the past 40 years include the building of the King Shaka Durban International Airport in South Africa and Terminal One at Toronto's Pearson International Airport.

    ABOUT GREEN.SWITCH

    A Vancouver based company created to provide commercial upgrade solutions for businesses seeking to green their operations by reducing energy costs. Green.Switch is a full service company, commencing with the assessment of client issues and infrastructure and evolving into consulting, project design, capitalizing improvements, attaining government incentive grants where applicable, contracting, installation and monitoring. The company retains professional expertise in property assessment, energy sources, carbon offsets and "green" branding both in-house and outside consultants and contractors. Green.Switch's mission statement is to promote and successfully demonstrate turnkey energy saving solutions for businesses that are financed through the energy savings created. To learn more, please visit us at http://www.greenswitchcapital.com.

    ABOUT GREENSCAPE CAPITAL

    Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape Capital operates Green.Switch, a full service energy retrofitting company. Green.Switch provides tangible solutions for businesses to green their operations and reduce energy costs. When marked opportunities arise, Greenscape also invests in other companies in the green space, providing strategic capital and business advisory services to assist these companies in achieving their environmental and corporate goals. To learn more, please visit us at http://www.greenscapecapital.com.

    ON BEHALF OF THE BOARD

    "Bryan Slusarchuk"

    CEO and Director

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    Disclaimer for Forward-Looking Information

    Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Green.Switch's future revenues and contracts. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

    For further information: Greenscape Capital Group Inc., Suite 501 - 525 Seymour Street, Vancouver, British Columbia, Canada, V6B 3H7, info@greenscapecapital.com, Tel. +1-604-687-7130; Investor Relations Contact: KIN communications, ir@kincommunications.com, Toll Free: 1-866-684-6730

    Greenscape Capital Group Inc.

    For further information: Greenscape Capital Group Inc., Suite 501 - 525 Seymour Street, Vancouver, British Columbia, Canada, V6B 3H7, info@greenscapecapital.com, Tel. +1-604-687-7130; Investor Relations Contact: KIN communications, ir@kincommunications.com, Toll Free: 1-866-684-6730




    Notice of Appeal Filed by Star Scientific in Patent Infringement Lawsuit

    PETERSBURG, Va., Dec. 23 /PRNewswire/ -- Star Scientific Inc. yesterday filed a notice of appeal in the company's patent infringement lawsuit against RJ Reynolds Tobacco Company (RJR). The notice of appeal, which was filed in the US District Court for Maryland, states that Star is appealing to the US Court of Appeals for the Federal Circuit the judgment, orders and decisions specified in the notice, including the judgment resulting from the June, 2009 jury verdict in favor of RJR. As the company indicated in its December 22 press release, the District Court entered final judgment on December 21, clearing the way for Star to begin its appeal process to the Federal Circuit Court. Paul L. Perito, Esq., Star's Chairman, President and COO, commented that the company maintains its belief that it ultimately will prevail in this lawsuit, and that the company looks forward to presenting the case to the Federal Circuit.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20090317/STARSCIENTIFICLOGO )

    This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Star Scientific, Inc. and its consolidated subsidiaries (collectively, the "Company") has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These risks, uncertainties and contingencies include, without limitation, the challenges inherent in new product development initiatives, the uncertainties inherent in the progress of scientific research, the Company's ability to raise additional capital in the future necessary to maintain its business, potential disputes concerning the Company's intellectual property, risks associated with litigation regarding such intellectual property, potential delays in obtaining any necessary government approvals of the Company's low-TSNA tobacco products, market acceptance of the Company's new smokeless tobacco products, competition from companies with greater resources than the Company, the Company's decision not to join the Master Settlement Agreement ("MSA"), the effect of state statutes adopted under the MSA, and the Company's dependence on key employees and on its strategic relationships with Brown & Williamson Tobacco Corporation in light of its combination with RJ Reynolds Tobacco Company, Inc. The impact of potential litigation, if initiated against or by individual states that have adopted the MSA, could be materially adverse to the Company.

    Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. See additional discussion under "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2008, as filed with the SEC on March 16, 2009, and other factors detailed from time to time in the Company's other filings with the SEC, available at http://www.sec.gov/. All information in this release is current as of this date and the Company undertakes no obligation to update or advise upon any such forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events. See Star's website at: http://www.starscientific.com/

    About Star Scientific

    Star Scientific is a technology-oriented tobacco company with a toxin reduction mission. It is engaged in the development of dissolvable smokeless tobacco products that deliver fewer carcinogenic toxins (principally tobacco specific nitrosamines, or TSNAs), through the utilization of the innovative StarCured® tobacco curing technology, and in sublicensing that technology to others. Star Scientific has a Corporate and Sales Office in Petersburg, VA, an Executive, Scientific & Regulatory Affairs office in Bethesda, MD, and manufacturing facilities in Chase City, VA.

    Contact: Sara Troy Machir Vice President, Communications & Investor Relations smachir@starscientific.com (301) 654-8300

    Photo: http://www.newscom.com/cgi-bin/prnh/20090317/STARSCIENTIFICLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Star Scientific Inc.

    CONTACT: Sara Troy Machir, Vice President, Communications & Investor
    Relations, +1-301-654-8300, smachir@starscientific.com

    Web Site: http://www.starscientific.com/




    Monmouth Real Estate Investment Corporation Announces New Acquisition

    FREEHOLD, N.J., Dec. 23 /PRNewswire-FirstCall/ -- Monmouth Real Estate Investment Corporation has announced the acquisition of a 91,295 square foot industrial building located in Central Green Business Park at 16211 Air Center Boulevard, Harris County, Houston, Texas, at a purchase price of approximately $8,100,000. The property is net-leased through September 30, 2022 to National Oilwell DHT, L.P., a Delaware limited partnership, with its parent company, National Oilwell Varco, Inc., a Delaware corporation, guaranteeing the lease agreement.

    The building was constructed in 2005. Darren Sides, Porthaven Partners LLC, acted as broker to Monmouth in this transaction.

    Eugene W. Landy, President, commented, "We are proud to include National Oilwell to our portfolio of high-quality investment grade tenants. This acquisition increases our gross leasable area to approximately 6.7 million square feet. Monmouth Real Estate has been actively growing its portfolio of industrial properties that are net-leased on long-term leases to investment grade tenants. We look forward to continued growth in 2010."

    Monmouth Real Estate Investment Corporation, which was organized in 1968, is a publicly-owned real estate investment trust specializing in net-leased industrial properties. The Company's equity portfolio now consists of sixty industrial properties and one shopping center located in twenty-five states. In addition, the Company owns a portfolio of REIT securities.

    Monmouth Real Estate Investment Corporation

    CONTACT: Susan Jordan, Monmouth Real Estate Investment Corporation,
    +1-732-577-9996




    Pro-Fac Receives Distribution Following Sale of Birds Eye

    FAIRPORT, N.Y., Dec. 23 /PRNewswire-FirstCall/ -- Pro-Fac Cooperative, Inc. , an agricultural cooperative, announced that it received a distribution of approximately $238 million from Birds Eye Holdings, LLC upon the closing of the sale of Birds Eye Foods, Inc. to the Pinnacle Foods Group. The sale was completed today.

    "This is a great day in the history of our Cooperative," said Pro-Fac General Manager and CEO Stephen R. Wright. "This is another successful chapter in the life story of a very innovative farmer-owned and farmer-controlled organization."

    Wright added that the Pro-Fac Board of Directors will be evaluating potential uses for the cash received from this transaction, including distributions to Pro-Fac members and other stakeholders, and expects to make a further announcement when a course of action is determined.

    ABOUT PRO-FAC:

    Pro-Fac Cooperative is an agricultural cooperative that markets crops grown by its member-growers, including fruits (cherries, apples, blueberries, and peaches), vegetables (snap beans, dry beans, beets, peas, sweet corn, carrots, cabbage, squash, asparagus and potatoes) and popcorn. Only growers of crops marketed through Pro-Fac (or associations of such growers) can become members of Pro-Fac. Pro-Fac's Class A cumulative preferred stock is listed on the Nasdaq Capital Market under the stock symbol, "PFACP". More information about Pro-Fac can be found on its web site at http://www.profaccoop.com/.

    Pro-Fac Cooperative, Inc.

    CONTACT: Kevin Murphy for Pro-Fac Cooperative, Inc., +1-585-218-4210

    Web Site: http://www.profaccoop.com/




    Masimo to Present at the 28th Annual J.P. Morgan Healthcare Conference

    IRVINE, Calif., Dec. 23 /PRNewswire-FirstCall/ -- Masimo Corporation , the inventor of Pulse CO-Oximetry(TM) and Measure-Through Motion and Low Perfusion pulse oximetry, today announced that its management is scheduled to present at the 28th Annual J.P. Morgan Healthcare Conference at the Westin St. Francis Hotel in San Francisco on Monday, January 11, 2010, at 2:00 p.m. Pacific Time. A live audiocast of the presentation will be available on the Masimo website at http://www.masimo.com/. A replay of the audiocast will be available following the live presentation.

    About Masimo

    Masimo develops innovative monitoring technologies that significantly improve patient care-helping solve "unsolvable" problems. In 1995, the company debuted Measure-Through Motion and Low Perfusion pulse oximetry, known as Masimo SET®, which virtually eliminated false alarms and increased pulse oximetry's ability to detect life-threatening events. More than 100 independent and objective studies demonstrate Masimo SET® provides the most reliable SpO2 and pulse rate measurements even under the most challenging clinical conditions, including patient motion and low peripheral perfusion. In 2005, Masimo introduced Masimo Rainbow SET® Pulse CO-Oximetry(TM), a breakthrough noninvasive blood constituent monitoring platform that can measure many blood constituents that previously required invasive procedures. Masimo Rainbow SET continuously and noninvasively measures total hemoglobin (SpHb(TM)), oxygen content (SpOC(TM)), carboxyhemoglobin (SpCO®), methemoglobin (SpMet®), PVI® and acoustic respiration rate (RRa), in addition to oxyhemoglobin (SpO2), pulse rate (PR), and perfusion index (PI), allowing early detection and treatment of potentially life-threatening conditions. Founded in 1989, Masimo has the mission of "Improving Patient Outcomes and Reducing Cost of Care by Taking Noninvasive Monitoring to New Sites and Applications." Additional information about Masimo and its products may be found at http://www.masimo.com/.

    Masimo Corporation Investor Contact: Media Contact: Sheree Aronson Dana Banks Vice President, Investor Relations Manager, Public Relations Masimo Corporation Masimo Corporation (949) 297-7043 (949) 297-7348 saronson@masimo.com dbanks@masimo.com

    Masimo, SET, Signal Extraction Technology, Improving Outcomes and Reducing Cost of Care by Taking Noninvasive Monitoring to New Sites and Applications, Rainbow, SpHb, SpOC, SpCO, SpMet, PVI, RRa, Radical-7, Rad-87, Rad-57,Rad-9, Rad-8, Rad-5, Pulse CO-Oximetry and Pulse CO-Oximeter are trademarks or registered trademarks of Masimo Corporation.

    Masimo Corporation

    CONTACT: Investors, Sheree Aronson, Vice President, Investor Relations,
    +1-949-297-7043, saronson@masimo.com, or Media, Dana Banks, Manager, Public
    Relations, +1-949-297-7348, dbanks@masimo.com, both of Masimo Corporation

    Web Site: http://www.masimo.com/




    Molson Coors Celebrates Responsibility With Rides Home for the Holiday SeasonCheers to Having Holiday Fun and Making the Right Decisions

    DENVER and MONTREAL, Dec. 23 /PRNewswire-FirstCall/ -- As the holiday season rapidly approaches, many look forward to festive parties, travel and the gathering together of family and friends. Molson Coors Brewing Company honors the vast majority of consumers who make safe and responsible choices as they enjoy all of the festivities and increased travel the holiday season brings. Molson Coors supports programs that reinforce making good decisions about drinking throughout the United States, Canada and the United Kingdom during the holiday season.

    "In this season of celebration, we thank and congratulate all those who make good decisions about having a good time," said Bart Alexander, vice president, global alcohol policy and corporate responsibility for Molson Coors. "Let's all plan a sober ride home before going out, offer foods and non-alcohol choices alongside alcohol beverage, and look forward to ringing in the New Year together."

    In the United States, MillerCoors will continue its long tradition of supporting programs and partnerships that support drunk driving prevention and emphasize a shared responsibility with consumers to keep our roads safe. In its 22nd year of operation, the MillerCoors Free Rides program will provide free rides on public transportation during key holidays in cities across the country such as Minneapolis, Chicago, Denver, Milwaukee and Madison, among others. The community service program reminds consumers to plan ahead for a safe ride home and to keep the holidays memorable for all the right reasons. Further information for consumers is available at http://www.millercoorsfreerides.com/. In addition, under the MillerCoors platform, "You Hold The Key, Never Drive Drunk(TM)", cab vouchers are being offered in more than 85 markets to help encourage consumers to choose alternative transportation rather than drive under the influence.

    In Denver, MillerCoors is partnering with multiple organizations to ensure people get home safely. In a partnership with retail establishments, MillerCoors will provide cab vouchers for distribution to consumers on New Year's Eve. To help educate on voucher availability and provide an outlet to purchase additional vouchers, a web site, http://www.planaheadcolorado.com/, developed through a partnership with the Colorado Department of Transportation, will map out establishments providing cab vouchers, along with overnight parking and partnering hotels.

    Molson Coors Canada is spending over $120,000 this year to help raise awareness and support communities across the country in their efforts to encourage responsible drinking this holiday season. Its 2009 "Taking You Home for the Holidays" campaign includes the sponsorship of free transit service across a number of cities on New Year's Eve. In addition, the Molson Coors Angels - a team of two Molson Coors representatives - will visit bars in Montreal and Quebec City distributing over $5,000 in TAXIGUY Dollars http://www.taxiguy.com/. This year, Molson Coors celebrates their 11 year partnership anniversary with TAXIGUY, a nationwide network of over 20,000 taxis linked together through one toll-free phone number, to help reduce drinking and driving. The "one country ... one number" campaign has resulted in more than 2.7 million rides home safely in the past decade. The New Year's Eve transit programs offer free public transportation on the transit system on New Year's Eve to help ensure people get home safe after ringing in the New Year. It encourages everyone to plan to get home safe by letting public transit be their designated driver.

    Building off of Molson Coors Canada's responsible drinking theme of "Here's to Responsible Choices," Molson Coors Canada will also connect with consumers through an e-card, found at http://www.jingleheads.ca/, which allows users to customize a message to a friend, family member or colleague reminding them of the importance of responsible drinking.

    In the United Kingdom, Molson Coors (UK) also helps fund The Drinkaware Trust, an independent non-profit organization focused on bettering drinking habits in the U.K. and supports the Campaign for Smarter Drinking which has appeared on 25 million packs of Carling. Molson Coors (UK) also provides tips for responsible drinking on their website at http://www.coorsbrewers.com/seriousabout/alcoholresponsibility.html. Through the Drinkaware program, in an effort to reach younger legal age drinkers, a unit calculator helps consumers decipher the alcoholic content of beverages.

    About Molson Coors Brewing Company:

    Molson Coors Brewing Company is a leading global brewer delivering extraordinary brands that delight the world's beer drinkers. It brews, markets and sells a portfolio of leading premium brands such as Coors Light, Molson Canadian, Carling, Blue Moon, and Keystone Light across North America, Europe and Asia. It operates in Canada through Molson Coors Canada; in the US through MillerCoors; and in the U.K. and Ireland through Molson Coors UK. For more information on Molson Coors Brewing Company and our portfolio of brands, visit the company's Web site, http://www.molsoncoors.com/. For more information about the company's commitments to corporate responsibility, visit http://www.molsoncoors.com/responsibility.

    Molson Coors Brewing Company

    CONTACT: Colin Wheeler of Molson Coors, +1-303-927-2443,
    Colin.wheeler@molsoncoors.com

    Web Site: http://www.molsoncoors.com/




    Lion Energy receives government approvals on farm-in with Africa OilTSX.V - LEO

    VANCOUVER, Dec. 23 /PRNewswire-FirstCall/ -- Further to a release on May 28, 2009, Lion Energy Corp. (the "Company" or "Lion Energy") (TSX.V - LEO) announces that it has received all requisite government approvals from the Republic of Kenya and the State of Puntland (Somalia) in respect to its farm-in agreement (the "Agreement") with Africa Oil Corp. ("Africa Oil"), a member of the Lundin Group of Companies.

    In Kenya, Africa Oil will transfer to Lion Energy a 10% interest in the Block 9 Production Sharing Agreement, a 25% license interest in the Block 10A Production Sharing Contract and a 20% interest in Block 10BB Production Sharing Contract. In Puntland, Africa Oil will transfer a 15% license interest to Lion Energy in the Nogal and Dharoor Petroleum Production Sharing Agreements.

    Lion Energy has received conditional acceptance from the TSX Venture Exchange for its Agreement with Africa Oil Corp.

    About the Company:

    The Company is a well-financed, Canadian exploration company with a vision to develop a significant presence in the developing oil and gas industry. The Company signed an agreement with Africa Oil Corp. that grants the Company the right to earn an interest in five petroleum blocks located in the Republic of Kenya and in Puntland, Somalia. Lion Energy has also announced a non-binding letter of intent in regards to a business combination with Southern Star Energy Inc. (OTCBB-SSEY) and Gold Star Resources Corp. (TSX.V-GXX). The Company further holds 14.76% interest in Encanto Potash Corp., a junior potash exploration company and a 20% interest in Sulphur Solutions Inc., an emerging fertilizer company developing state-of-the-art patented technology for the production of micronized sulphur fertilizer.

    On behalf of the Board, LION ENERGY CORP. "Brian Thurston", President and CEO

    NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

    This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploration activities and events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements in this news release include statements regarding the Company's intentions or plans, whether of a corporate or exploratory nature. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and exploration successes, and continued availability of capital and financing and general economic, political, market or business conditions. These statements are based on a number of assumptions, including, among others, assumptions regarding general business and economic conditions, the timing and receipt of regulatory and governmental approvals for the transactions described herein, the ability of the Company and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for the Company's proposed transactions and programs on reasonable terms, and the ability of third-party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected on the forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

    Lion Energy Corp.

    CONTACT: To find out more about the Company, please visit our website at
    http://www.lionenergycorp.com/




    Manpower Inc. Releases Third Annual Corporate Social Responsibility Report

    MILWAUKEE, Dec. 23 /PRNewswire-FirstCall/ -- Manpower Inc. released today its third annual Corporate Social Responsibility Report, a global review of the company's success in developing effective, socially inclusive workforce development programs and sustainable working environments that recognize the capabilities of each individual and the role that work plays in their lives.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20060221/CGTU012LOGO)

    "Our core business mission is social responsibility in action," said Jeffrey A. Joerres, Manpower Inc. Chairman and CEO. "It's woven into the fabric of what we do. We provide people with purpose and possibilities, and I hear time and again from our people that it's an integral part of why they want to work for Manpower. That's the Manpower Experience."

    Manpower's annual CSR Report, titled "People and Purpose," provides an update of the company's activities. The complete report is available for download on http://www.manpower.com/ in the Social Responsibility section or at http://www.manpower.com/social/srreport.cfm.

    "At Manpower, we are proud of our fundamental role in connecting people to the dignity and independence of work," added Joerres. "From the day we launched our business in 1948, we have been helping individuals to find jobs and new opportunities, while at the same time helping our clients - both corporate and government - find the right people with the right skills at the right time."

    Highlights from the report include details of Manpower's role as an agent of positive social change. Through workforce development programs, which form the cornerstone of the company's social responsibility agenda, Manpower helps thousands of unemployed and underemployed people find sustainable employment every day.

    Some highlights of our CSR program include the following: -- Training more than 9,000,000 people and placing 4,000,000 into jobs worldwide. -- Initiating more than 340 workforce development programs worldwide. Each was developed to help disenfranchised job seekers overcome the challenges that they encounter when they try to enter, or re-enter, the workforce. Last year, Manpower's programs helped more than 31,000 people find work, placing them in 14,000 jobs worldwide. -- Launching a plan to secure a commitment to human rights and worker abuse. Nearly 200 suppliers have already signed on to honor our mandatory standards and perform in a manner consistent with our culture and values.

    Manpower made several strides in creating a greener global work culture in 2009. In the spring, the company achieved Gold Status under the LEED certification system for Manpower Inc.'s world headquarters - the first new construction in Milwaukee to achieve Gold status. This fall, the company was named to Newsweek's list of the greenest big companies in America.

    Manpower emphasizes its corporate citizenship and commitment to being part of the solution to the more human and ethical challenges of globalization by taking the lead on a number of global CSR initiatives. In addition to its own programs to help refugees adapt to their new communities, Manpower continues its work with the United Nations High Commissioner for Refugees (UNHCR), and was one of the founding partners in the ninemillion.org campaign. Manpower is a corporate signatory of the UN Global Compact, working to advance universal principles in the areas of human rights, labor, the environment and anti-corruption. Manpower was also the first company to sign the Athens Ethical Principles, leading the effort to encourage other corporations to sign on and support the organization's goal to eradicate human trafficking.

    Manpower received several recognitions for its social responsibility efforts this year. It was named to the FTSE4Good Index Series, a securities index created by the Financial Times Stock Exchange for companies that meet criteria in conducting socially responsible business practices globally. In addition, Manpower was named to PINK Magazine's second list of the Top Companies for Women.

    About Manpower Inc.

    Manpower Inc. is a world leader in the employment services industry; creating and delivering services that enable its clients to win in the changing world of work. With over 60 years' experience, the $22 billion company offers employers a range of services for the entire employment and business cycle including permanent, temporary and contract recruitment; employee assessment and selection; training; outplacement; outsourcing and consulting. Manpower's worldwide network of 4,100 offices in 82 countries and territories enables the company to meet the needs of its 400,000 clients per year, including small and medium size enterprises in all industry sectors, as well as the world's largest multinational corporations. The focus of Manpower's work is on raising productivity through improved quality, efficiency and cost-reduction across their total workforce, enabling clients to concentrate on their core business activities. Manpower Inc. operates under five brands: Manpower, Manpower Professional, Elan, Jefferson Wells and Right Management. More information on Manpower Inc. is available at http://www.manpower.com/.

    Photo: http://www.newscom.com/cgi-bin/prnh/20060221/CGTU012LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com/ Manpower Inc.

    CONTACT: Mark Jelfs of Manpower Inc., +1-414-906-6675,
    mark.jelfs@manpower.com

    Web Site: http://www.manpower.com/




    Com-Guard, Inc. Announces Its Proprietary Technology Pay-Guard(TM) Software Application.

    ENCINITAS, Calif., Dec. 23 /PRNewswire-FirstCall/ -- Com-Guard, Inc. (Pink Sheets: CGUD), the technology company that is currently offering its software in multiple markets for the sales of its Transactional Cash Engine Software, is announcing its Pay-Guard(TM) software in the secure marketplace for Transaction Processing.

    Dr. Edward W. Savarese, CEO and founder said, "We are working hard to position our software in multiple markets, especially to compete in the market for secure transactions in the e-commerce market.

    The Company expects to immediately commence marketing and sales of its licensed, Pay-Guard software in the Transactional Cash Engine Software market.

    The Company will commence a Sales and Marketing program to target five (5) growth opportunities.

    Secure Transactions - In the secure transactions market, consumers want to shield their confidential information from the vendors that they are buying from. The Pay-Guard software will allow transactions to be secure and the buyer's information will be hidden and protected.

    Loyalty Card Programs - Retailers are finding it more costly to accept Credit Card payments and develop customer loyalty. The "Transactional Cash Engine Software" technology will allow Merchants to combine their loyalty programs with a combined payment technology. The retailer will save transaction fees and the consumer will be rewarded with savings and gifts as decided by the merchant.

    Online Payments - Consumers are increasingly using the Internet to pay for transactions. And they are concerned about Internet fraud and the theft of credit card details. Merchants are searching for ways to transact sales in a secure manner with the least expense.

    Pay Day Advance and Money Transfers - The "Transactional Cash Engine Software" is especially suited to allow merchants to secure their pay day advances and to securely transfer money over the internet.

    Specialty Payment Programs - Schools, Travel Companies, Restaurants etc. are looking for ways to have their goods and services paid for without incurring Credit Cards fees. The "Transactional Cash Engine Software" will allow the Company to personalize these payment programs at a reduced rate.

    About Com-Guard.com, Inc.:

    Com-Guard.com, Inc. (http://www.com-guard.com/) is developing and marketing a line of software products offering its software in multiple markets for the sales of its Transactional Cash Engine Software for the computer industry that provides solutions for a variety of solution markets.

    This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These risks and uncertainties may cause actual outcomes and results to differ materially from expectations in this press release. These and other risks are detailed in Com-Guard's Disclosure and Information Statement at http://www.pinksheets.com/ and its previously filed quarterly reports on Form 10-QSB and its annual report on Form 10-KSB.

    Com-Guard, Inc.

    CONTACT: Dr. Edward W. Savarese, CEO of Com-Guard, Inc.,
    +1-858-381-7800, ews@com-guard.com

    Web Site: http://www.com-guard.com/




    Greenscape Closes Acquisition of Energy Retrofit Company, Green.Switch

    VANCOUVER, Canada, December 23 /PRNewswire-FirstCall/ -- - Rapidly Growing Green.Switch now 100% Owned by Greenscape Capital

    Greenscape Capital Group Inc. ("Greenscape") TSX-V: - GRN is pleased to announce that the definitive agreement has completed relating to its acquisition of 100% of the issued and outstanding shares of Green.Switch Capital Ltd. ("Green.Switch") by way of a share transaction based on earnings before income tax, depreciation, and amortization (EBITDA). Closing is complete, subject to regulatory approval.

    Terms:

    The terms of the acquisition are based on a share exchange between Greenscape and Green.Switch whereby Green.Switch has the ability to earn up to two million common shares and a Director of Green.Switch a further 200,000 stock option in Greenscape.

    - Immediately, Greenscape will issue 200,000 of the above referenced common shares and 20,000 of the above referenced options. The shares and options are subject to a four month and one day hold period. The options have been set at $0.50. - The balance of the 1.8 million shares and 180,000 options will be issued from treasury and granted to Green.Switch based on the following financial-quarter EBITDA:

    1. For every $200,000 in EBITDA that is recorded in the financial statements of Green.Switch, Greenscape will issue from treasury 150,000 common shares and 15,000 stock options.

    2. Green.Switch has been granted 12 financial quarters to earn the maximum of 1.8 million common shares and 180,000 stock options.

    Bryan Slusarchuk, Greenscape CEO, states, "Greenscape could not be more pleased with this closing and the terms associated with the deal. Green.Switch is a first mover in a unique segment of the energy retrofit business and we look forward to working with their top quality management team as they ramp up large scale projects throughout North America."

    Management of Green.Switch

    Ryan Skomorowski, CEO, the founder, director and chief executive officer of Green.Switch, will continue to direct the company, with significant experience in finance, securities, property development, construction and environmental initiatives. Among the major projects he has spearheaded recently is the $250-million Burnaby Mountain Sports & Medical Centre, which is expected to go forward during 2010.

    Paul B. Clough, Director, has significant expertise on environmental and carbon offset issues. He has spoken to international audiences regarding these matters and has been involved in multiple alternative energy projects. He was instrumental in founding Kinetic Power Corp., which is playing a role in the development of new clean technology for energy-producing, low-temperature geothermal plants.

    Nick Skomorowski, Senior Advisor has had a diverse, megaproject management career during which he has supervised more than $1 billion in construction projects. Notable projects that he has been involved with during the past 40 years include the building of the King Shaka Durban International Airport in South Africa and Terminal One at Toronto's Pearson International Airport.

    ABOUT GREEN.SWITCH

    A Vancouver based company created to provide commercial upgrade solutions for businesses seeking to green their operations by reducing energy costs. Green.Switch is a full service company, commencing with the assessment of client issues and infrastructure and evolving into consulting, project design, capitalizing improvements, attaining government incentive grants where applicable, contracting, installation and monitoring. The company retains professional expertise in property assessment, energy sources, carbon offsets and "green" branding both in-house and outside consultants and contractors. Green.Switch's mission statement is to promote and successfully demonstrate turnkey energy saving solutions for businesses that are financed through the energy savings created. To learn more, please visit us at http://www.greenswitchcapital.com/.

    ABOUT GREENSCAPE CAPITAL

    Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape Capital operates Green.Switch, a full service energy retrofitting company. Green.Switch provides tangible solutions for businesses to green their operations and reduce energy costs. When marked opportunities arise, Greenscape also invests in other companies in the green space, providing strategic capital and business advisory services to assist these companies in achieving their environmental and corporate goals. To learn more, please visit us at http://www.greenscapecapital.com/.

    ON BEHALF OF THE BOARD "Bryan Slusarchuk" CEO and Director

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    Disclaimer for Forward-Looking Information

    Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Green.Switch's future revenues and contracts. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

    For further information: Greenscape Capital Group Inc., Suite 501 - 525 Seymour Street, Vancouver, British Columbia, Canada, V6B 3H7, info@greenscapecapital.com, Tel. +1-604-687-7130; Investor Relations Contact: KIN communications, ir@kincommunications.com, Toll Free: 1-866-684-6730

    Greenscape Capital Group Inc.

    CONTACT: For further information: Greenscape Capital Group Inc., Suite
    501 - 525 Seymour Street, Vancouver, British Columbia, Canada, V6B 3H7,
    info@greenscapecapital.com, Tel. +1-604-687-7130; Investor Relations Contact:
    KIN communications, ir@kincommunications.com, Toll Free: 1-866-684-6730




    LSB Financial Corp. Appoints New Board Member

    LAFAYETTE, Ind., Dec. 23 /PRNewswire-FirstCall/ -- The Board of Directors of LSB Financial Corp, the parent company of Lafayette Savings Bank, is pleased to announce that Stephen E. Belter has accepted an appointment to serve on the boards of both the Company and the Bank, effective December 21, 2009.

    Mr. Belter is president of Wintek Corporation and its partner company, Indiana Datapipe, which provide Internet services including Cisco Systems consulting and high-speed fiber optic Internet connectivity to numerous businesses and educational facilities throughout northwest Indiana. His community involvement includes President of the Greater Lafayette Commerce Telecommunications Oversight Committee, Finance Committee Chairman at Our Savior Lutheran Church, Steering Committee for Greater Lafayette Information Technology Society, and Past President of the West Lafayette Redevelopment Commission.

    "Mr. Belter brings to our board the skills and knowledge vital to owning and operating a successful business, as well as the technical expertise needed to compete effectively in today's banking world," stated Mariellen Neudeck, Chairman. "In addition, his past and current community involvement is a real asset to our Board and we look forward to putting his skills and insights to use for the benefit of LSB customers, employees and shareholders."

    Mr. Belter has a Bachelor's degree in Electrical Engineering from Purdue University and Master's Degrees in Electrical Engineering and Computer Science also from Purdue University. He resides in West Lafayette.

    The closing market price of LSB stock on December 21, 2009 was $10.10 per share as reported by the NASDAQ National Market.

    LSB Financial Corp

    CONTACT: Randolph F. Williams, President/CEO, +1-765-742-1064, Fax:
    +1-765-429-5932

    Web Site: http://www.lsbank.com/

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