Austin, TX 10/18/2007 10:58:12 PM
Speak with other shareholders about: (Pink Sheets:SGCP), (OTCBB: GLIF), (Pink Sheets: LNGT), (OTCBB: HYBT), (OTCBB: ETLC), (Pink Sheets:DMTN)
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Sierra Gold Corporation (Pink Sheets: SGCP)
Oct. 16th, 2007-- Sierra Gold Corporation (Pink Sheets:SGCP) has just received news from its operational manager about a new gold bearing hard rock formation in Sierra Leone. The new zone is narrow but runs for a number of miles in each strike direction. The gold in hard rock is visible. Samples collected were taken from the new hard rock formation and are being processed using local methods. Results of the gold grades are expected shortly.
A recent article, "Check This Area Out," dated September 26, 2007 published in "Stockhouse BullBoards," stated that "The Birimian trend (West Africa) is a distinct geological trend and currently the base for the fastest growing gold production and exploration area in the world." The article compared West African geology to that of the Canadian Shield and its current development in gold mining to what occurred in the Nevada "Carlin belt" in the early 1990s.
Sierra Gold's geological team will continue to investigate and further explore the new hard rock formation. Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. Sierra Leone's neighbors, Ghana and Mali, are the second and third largest gold producers in all of Africa.
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Grant Life Sciences Inc. (OTCBB: GLIF)
Oct. 17th, 2007-- Grant Life Sciences Inc. announced today the signing of a final agreement with Dr. Peter Sveshnikov and Dr. Vsevolod Kiselev of the Russian Federation, for the in-licensing of certain of their technologies that are highly complementary to Grants' antibody-based test for detecting cervical cancer. The intellectual property (IP) associated with the Sveshnikov/Kiselev technology has been developed as a result of funding from the U.S. State Department's Bio-Industry Initiative (BII) program. The BII is designed to foster medical and other biological research and development in the former Soviet Union by converting former biowarfare scientists to productive peacetime activities.
Sveshnikov/Kiselev have developed an Enzyme-Linked Immunosorbent Assay (ELISA) to detect specific cancer-causing proteins from the human papillomavirus (HPV) -- the obligate cause of cervical cancer -- within cervical mucous and cells (which make up liquid-based Pap samples). The test utilizes certain monoclonal antibodies against these cancer-causing HPV proteins for detection. Thus far, the test is designed to detect cancer-causing proteins from HPV types 16 and 18 which, collectively, are responsible for most cervical disease. This type-specific antigen test, once fully validated and expanded to include additional types of HPV associated with cervical dysplasia and cancer, is expected to be a synergistic and complementary test to existing Pap technology. It is expected to provide for low-cost HPV testing as currently performed in Western countries, without the need for additional cervical specimens beyond what is now taken. In addition, large capital outlays would not be required, since most laboratories can readily do ELISA testing.
Sveshnidov/Kiselev have already tested their technology with 1000 Russian samples to confirm the potential of this technology. Grant will be further validating with more specimens from Russia and other parts of the world.
"Grant now has two complementary cervical dysplasia or cancer diagnostic tests that can be used with blood serum or cervical mucous and cells," said Dr. Hun-Chi Lin, President and Chief Scientist at Grant. "Of course, a blood-based test might be perfectly suited for testing the 1.7 billion women worldwide who currently are not tested by Pap smear cytology. This inadequacy results in over 300,000 deaths per year. On the other hand, a test employing cervical mucous or cells is quite suitable to be used in Western medical venues, and has the potential to significantly reduce costs when compared to those attributable to current HPV DNA-testing. Moreover, it might dramatically decrease the costs associated for follow-up referral procedures that turn out to be overwhelmingly negative; these billions of dollars per year in needless medical expenses might be saved as a result."
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Laser Energetics, Inc. (Pink Sheets: LNGT)
Oct. 17th, 2007-- Laser Energetics, Inc. (Pink Sheets: LNGT) announced today that the Company has delivered one of its BrightStar solid-state Alexandrite lasers, for a non-lethal laser defense application, to a Fortune 50 defense contractor..
The BrightStar(TM) laser is part of the Company's current product line of conductively air cooled lasers. This BrightStar(TM) laser was purchased for experiments that are classified, and which can potentially lead to a major program involving several thousand Alexandrite lasers.
The value of the transaction was approximately $79,000.
Laser Energetics' laser technology can be designed to operate off batteries, making these conductively cooled lasers man-portable on the battlefield. Other competing types of high energy lasers need water or other sophisticated methods of cooling which hinder their ability to become man-portable. This current technology is covered by patents owned by the Company.
Robert D. Battis, Chairman and Chief Executive Officer of Laser Energetics, stated, "Our BrightStar(TM) Alexandrite laser technology has gained a lot of attention from the defense industry. We're currently working with several large contractors to identify new and additional applications for the technology. We hope to be in a position to make several announcements regarding these developments in the near future."
About Laser Energetics, Inc.:
LEI has and continues to develop a comprehensive and strategic laser product line that addresses applications in Industry, Science, Medicine and the Military. The Company has had a primary focus on its Alexandrite laser technology. These tunable solid state lasers are unique in that they can be conductively air cooled to compete favorably against water cooled lasers in many applications. In addition, these lasers have one of the greatest wavelength tuning ranges with a bandwidth of over 250nm. The company is pursuing markets that are diverse yet can use the same laser with their compact user friendly design. This laser technology provides a sustainable advantage over many other lasers because of their tune-ability, conductively air cooled operation, and their efficiency allowing these lasers to operate at 110 Volts as compared to other less efficient competitive lasers that are large and need 220 Volts to operate.
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Hybrid Technologies, Inc. (OTCBB: HYBT)
Oct. 15th, 2007-- The board of directors for Hybrid Technologies, Inc. (OTCBB: HYBT) (www.hybridtechnologies.com), emerging leaders in the development and marketing of lithium-powered products worldwide, would like to provide the follow links that lead to recent media coverage:
http://online.wsj.com/article/SB119151096585648940.html?mod=mm_media_mar keting_hs_left
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Etelcharge.com (OTCBB: ETLC)
Oct. 16th, 2007-- Etelcharge.com (OTCBB: ETLC) (www.etelcharge.com) today announced that following the successful launch of its new payment system and inquiries from some of the largest merchants in the country, the company has named James "Toby" Wilson its Chief Technology Officer.
"Toby has demonstrated the leadership and technical expertise to lead us to the next level technologically," stated Rob Howe, Chairman and CEO. "It's key for us to keep our technology fresh, scalable and secure. Toby's doing an exemplary job and will be of great assistance as we pursue and secure additional merchants."
Wilson, who came to Etelcharge in June as a consultant, spearheaded the completion and launch of Etelcharge's new online payment system which allows members to bill online purchases to their phone bills. "One of the great challenges we had to overcome was connecting our pipes to the huge databases that telecoms maintain while meeting their strict security standards. In doing that, we made our technology extremely robust," Wilson stated.
"We're able to connect to any telecom, wired or unwired, domestic or international. That is the future for Etelcharge -- we have the ability to connect to anyone, anywhere, anytime while maintaining all technology requirements and security standards, " Wilson concluded.
About Etelcharge.com
Etelcharge.com (OTCBB: ETLC), the first Web 2.0 online payment system, provides online shoppers the ability to charge approved transactions to their telephone bill. While addressing the concerns online shoppers have about identity fraud and identity theft, the Etelcharge payment option is also a perfect match for the millions of individuals without a credit card, or even a bank account. For more information, go to www.etelcharge.com.
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D Mecatronics Inc. (Pink Sheets:DMTN)
Oct. 17th, 2007-- The Board of Directors of D Mecatronics Inc. (Pink Sheets:DMTN) is pleased to announce that it has unanimously accepted the proposed buyout. The offer is for a buyout of all of the outstanding shares of the company for 0.49 per share in cash. The Board recommends that shareholders accept this offer.
"We believe the proposed price for the transaction is fair to D Mecatronics' shareholders. We intend to move quickly to complete the transaction. A shareholders' meeting will be held on November 28th in Toronto to vote on the offer. The location and time will be announced in a future PR," said Berardino Paolucci, Chairman and CEO.
About D Mecatronics Inc. (http://www.dmecatronics.com):
D Mecatronics Inc. supplies components, integrated systems and robotic modules to the world's top ten automotive suppliers. Through independent subsidiaries the Company offers sector and technology specific solutions to enable our customers to dramatically accelerate time-to-market and revenue.
To date, the Company's primary activities include design, build and installation of tube-related automated systems used by automotive parts and assembly suppliers. The Company is currently offering products such as Seat Frame Systems, IP Tube systems and Integrated Bend-Weld Systems for the automotive industry.
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