SASKATOON, SASKATCHEWAN -- (MARKET WIRE) -- 11/20/09 -- Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE: GWG) (PINK SHEETS: GWMGF) is pleased to announce the results of the Company's new NI 43-101 Technical Report for its Hoidas Lake project prepared by Barr Engineering Company ("Barr").
The Company reports that the overall resource estimate increased by 123% to 2,560,835 tonnes from the previous value of 1,150,000 tonnes. This includes an increase of over 1200% in the Measured category to 963,808 tonnes from the previous estimate of 80,000 tonnes, and an increase of 49% in the Indicated category to 1,597, 027 tonnes from the previous estimate of 1,070,000 tonnes.
This new Technical Report incorporates the results of 32 drill holes completed in the spring of 2008 and includes drilling results from four separate drilling programs conducted from 2001 through to 2008 for a total of 120 core holes located along a strike length of 1150 metres. These core holes, some of which extend to a depth of 398 metres, total 15,222.8 metres of drilling. The rare earth mineralization is open along strike and at depth.
The resource estimate used ordinary kriging, and inverse distance interpolation methods, with the ordinary kriging values used for reporting. Based on preliminary economics generated by the Company, a cut-off grade of 1.5% Total Rare Earth Elements ("TREE") was applied for summary reporting purposes. The resource model uses the assay data provided by the Company.
The tabulated resource data for the Hoidas Lake JAK Zone as calculated by
Barr is as follows:
----------------------------------------------------------------------------
Category Cut-Off Grade Tonnes TREE WT.%(1) TREO (2)
WT.% TREE WT.%
----------------------------------------------------------------------------
Measured 1.5 963,808 2.142 2.568
----------------------------------------------------------------------------
Indicated 1.5 1,597,027 1.958 2.349
----------------------------------------------------------------------------
Total 2,560,835 2.027 2.431
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Inferred 1.5 286,596 1.784 2.139
----------------------------------------------------------------------------
(1) Total Rare Earth Elements include lanthanum, cerium, praseodymium,
neodymium, samarium, europium, gadolinium, terbium, dysprosium, holmium,
erbium, thulium, lutetium, yttrium and ytterbium.
(2) Total Rare Earth Oxide-calculated from TREE for comparison purposes by
the Qualified Person (as defined below).
Eighty seven percent of the average value of TREE is made up of lanthanum, cerium and neodymium with neodymium grades averaging 0.42% of the measured and indicated resource. This high proportion of Nd (used in permanent magnet electric motors) supports the economics of the Hoidas Lake project and moving forward with a preliminary economic assessment report.
John Pearson, MSc., P.Geo., Vice-President Exploration for GWMG, is the qualified person responsible for reviewing the contents of this news release (the "Qualified Person").
Jim Engdahl, President and CEO of Great Western Minerals Group said "We are certainly pleased to report these results to our shareholders. Our belief always was that we could at least double the resource estimate for this project and this report certainly confirmed that. This reinforces our belief that this could be a much larger deposit since we have drilled a relatively small portion of the property. Once we receive the results of our ongoing metallurgy we will be able to complete the remaining items for a preliminary economic assessment report."
About Great Western Minerals Group Ltd.
Great Western Minerals Group Ltd. is a Canadian-based company with six rare earth exploration and development properties in North America with an option on a sizable additional property in South Africa. In addition, as part of the Company's strategy to pursue a vertically-integrated business model, the Company's wholly-owned subsidiaries of Less Common Metals Limited located in Birkenhead UK, and Great Western Technologies Inc., located in Troy, Michigan, produce a variety of specialty alloys for use in the battery, magnet and aerospace industries. These "designer" alloys include those containing copper, nickel, cobalt and the rare earth elements.
Certain information set out in this News Release constitutes forward-looking information. Forward-looking statements (often, but not always, identified by the use of words such as "expect", "may", "could", "anticipate" or "will" and similar expressions) may describe expectations, opinions or guidance that are not statements of fact and which may be based upon information provided by third parties. Forward-looking statements are based upon the opinions, expectations and estimates of management of the Company as at the date the statements are made and are subject to a variety of known and unknown risks and uncertainties and other factors that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements. Those factors include risks, uncertainties and other factors that are beyond the control of the Company, risks associated with the industry in general, commodity prices and exchange rate changes, operational risks associated with exploration, development and production operations, delays or changes in plans, risks associated with the uncertainty of reserve estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. In light of the risks and uncertainties associated with forward-looking statements, readers are cautioned not to place undue reliance upon forward-looking information. Although the Company believes that the expectations reflected in the forward-looking statements set out in this press release or incorporated herein by reference are reasonable, it can give no assurance that such expectations will prove to have been correct. The forward-looking statements of the Company contained in this press release, or incorporated herein by reference, are expressly qualified, in their entirety, by this cautionary statement.
Neither 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 release.
Contacts: Great Western Minerals Group Ltd. Ron Malashewski Manager of Investor Relations (306) 659-4516 Great Western Minerals Group Ltd. 226 Cardinal Crescent Saskatoon, SK S7L 6H8 info@gwmg.ca www.gwmg.ca
SASKATOON, SASKATCHEWAN--(Marketwire - Nov. 20, 2009) - Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE: GWG) (PINK SHEETS: GWMGF) is pleased to announce the results of the Company's new NI 43-101 Technical Report for its Hoidas Lake project prepared by Barr Engineering Company ("Barr").
The Company reports that the overall resource estimate increased by 123% to 2,560,835 tonnes from the previous value of 1,150,000 tonnes. This includes an increase of over 1200% in the Measured category to 963,808 tonnes from the previous estimate of 80,000 tonnes, and an increase of 49% in the Indicated category to 1,597, 027 tonnes from the previous estimate of 1,070,000 tonnes.
This new Technical Report incorporates the results of 32 drill holes completed in the spring of 2008 and includes drilling results from four separate drilling programs conducted from 2001 through to 2008 for a total of 120 core holes located along a strike length of 1150 metres. These core holes, some of which extend to a depth of 398 metres, total 15,222.8 metres of drilling. The rare earth mineralization is open along strike and at depth.
The resource estimate used ordinary kriging, and inverse distance interpolation methods, with the ordinary kriging values used for reporting. Based on preliminary economics generated by the Company, a cut-off grade of 1.5% Total Rare Earth Elements ("TREE") was applied for summary reporting purposes. The resource model uses the assay data provided by the Company.
The tabulated resource data for the Hoidas Lake JAK Zone as calculated by
Barr is as follows:
----------------------------------------------------------------------------
Category Cut-Off Grade Tonnes TREE WT.%(1) TREO (2)
WT.% TREE WT.%
----------------------------------------------------------------------------
Measured 1.5 963,808 2.142 2.568
----------------------------------------------------------------------------
Indicated 1.5 1,597,027 1.958 2.349
----------------------------------------------------------------------------
Total 2,560,835 2.027 2.431
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Inferred 1.5 286,596 1.784 2.139
----------------------------------------------------------------------------
(1) Total Rare Earth Elements include lanthanum, cerium, praseodymium,
neodymium, samarium, europium, gadolinium, terbium, dysprosium, holmium,
erbium, thulium, lutetium, yttrium and ytterbium.
(2) Total Rare Earth Oxide-calculated from TREE for comparison purposes by
the Qualified Person (as defined below).
Eighty seven percent of the average value of TREE is made up of lanthanum, cerium and neodymium with neodymium grades averaging 0.42% of the measured and indicated resource. This high proportion of Nd (used in permanent magnet electric motors) supports the economics of the Hoidas Lake project and moving forward with a preliminary economic assessment report.
John Pearson, MSc., P.Geo., Vice-President Exploration for GWMG, is the qualified person responsible for reviewing the contents of this news release (the "Qualified Person").
Jim Engdahl, President and CEO of Great Western Minerals Group said "We are certainly pleased to report these results to our shareholders. Our belief always was that we could at least double the resource estimate for this project and this report certainly confirmed that. This reinforces our belief that this could be a much larger deposit since we have drilled a relatively small portion of the property. Once we receive the results of our ongoing metallurgy we will be able to complete the remaining items for a preliminary economic assessment report."
About Great Western Minerals Group Ltd.
Great Western Minerals Group Ltd. is a Canadian-based company with six rare earth exploration and development properties in North America with an option on a sizable additional property in South Africa. In addition, as part of the Company's strategy to pursue a vertically-integrated business model, the Company's wholly-owned subsidiaries of Less Common Metals Limited located in Birkenhead UK, and Great Western Technologies Inc., located in Troy, Michigan, produce a variety of specialty alloys for use in the battery, magnet and aerospace industries. These "designer" alloys include those containing copper, nickel, cobalt and the rare earth elements.
Certain information set out in this News Release constitutes forward-looking information. Forward-looking statements (often, but not always, identified by the use of words such as "expect", "may", "could", "anticipate" or "will" and similar expressions) may describe expectations, opinions or guidance that are not statements of fact and which may be based upon information provided by third parties. Forward-looking statements are based upon the opinions, expectations and estimates of management of the Company as at the date the statements are made and are subject to a variety of known and unknown risks and uncertainties and other factors that could cause actual events or outcomes to differ materially from those anticipated or implied by such forward-looking statements. Those factors include risks, uncertainties and other factors that are beyond the control of the Company, risks associated with the industry in general, commodity prices and exchange rate changes, operational risks associated with exploration, development and production operations, delays or changes in plans, risks associated with the uncertainty of reserve estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. In light of the risks and uncertainties associated with forward-looking statements, readers are cautioned not to place undue reliance upon forward-looking information. Although the Company believes that the expectations reflected in the forward-looking statements set out in this press release or incorporated herein by reference are reasonable, it can give no assurance that such expectations will prove to have been correct. The forward-looking statements of the Company contained in this press release, or incorporated herein by reference, are expressly qualified, in their entirety, by this cautionary statement.
Neither 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 release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Great Western Minerals Group Ltd.
Ron Malashewski
Manager of Investor Relations
(306) 659-4516
Great Western Minerals Group Ltd.
226 Cardinal Crescent
Saskatoon, SK S7L 6H8
info@gwmg.ca
www.gwmg.ca
Source: Great Western Minerals Group Ltd.
LANDOVER, Md., Nov. 20 /PRNewswire/ -- Following a recall by Unilever, Giant Food removed from sale Shedd's Country Crock ® Side Dishes DELUXE Cheddar Broccoli Rice and Shedd's Country Crock ® Side Dishes DELUXE Four Cheese Pasta due to an undeclared sulfite allergen.
The following code dates and UPCs are affected:
-- Shedd's Country Crock ® Side Dishes DELUXE Cheddar Broccoli Rice, 21
oz, UPC 027400218316, Best By NOV 29 09 through JAN 16 10
-- Shedd's Country Crock ® Side Dishes DELUXE Four Cheese Pasta, 20 oz,
UPC 027400230875, Best By DEC 05 09 through JAN 16 10
To date, Shedd's has received one report of adverse reactions associated with this product. People who have an allergy or severe sensitivity to sulfites run the risk of serious or life-threatening allergic reaction if they consume these products.
Customers who have purchased the affected products should discard any unused portions or bring their purchase receipt to Giant Food for a full refund. Consumers can call the Shedd's hotline 1-800-457-7086 Monday through Friday 8:30 am to 6:00 pm. Consumers may call Giant's Customer Service line at (800) 469-4426 Monday through Friday from 9 am to 5 pm for more information. Customers can also visit Giant's website www.giantfood.com.
About Giant Food
Giant Food LLC, headquartered in Landover, MD, operates 182 supermarkets in Virginia, Maryland, Delaware, and the District of Columbia, and employs approximately 22,000 associates. Included within the 182 stores are 164 full-service pharmacies. For more on Giant, visit www.giantfood.com.
SOURCE Giant Food LLC
PENNSAUKEN, N.J., Nov. 20 /PRNewswire/ -- Captain Morgan abandoned rehearsals for a very a special music awards event on the west coast to welcome to safety a barge containing 90,000 gallons of his finest rum that is to be used in his latest line extension, Captain Morgan Lime Bite Rum. Crowley Maritime's 580-foot-long barge La Princesa had fallen victim to last week's Nor'easter and remnants of Hurricane Ida, which raced up the coast and combined to generate over 25-foot seas and 45+-mile-per-hour winds. The vessel became stranded on the shores of Sandbridge, Virginia Beach when both of its tow wires parted from the 136-foot ocean-going tugboat, Sentry, which had been traveling up the East Coast and was approximately 140 miles from its destination. Any excessive delay or damage to the Captain Morgan rum inventory may have significantly impacted the rollout of this new product.
To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/rum-rescue-calls-out-to-captain-morgan-70668862.html
The TITAN Salvage crew of Crowley Maritime successfully re-floated the barge La Princesa off Sandbridge beach at 7:48 a.m. Wednesday morning. The crews used two tugs pulling together on the bow and stern of the barge at high tide to free it. The barge, which broke free from the Sentry on the evening of November 12th, grounded on the beach near Little Island Pier Friday morning, November 13th. The Crowley and TITAN Salvage personnel worked together to remove the barge from the beach while ensuring the safety of the public and environment. The American Bureau of Shipping and all necessary government response teams surveyed the vessel to ensure it was safe before heading to its destination port in Pennsauken, N.J. under the direction of Sentry's 32-year veteran Capt. Elijah Seals.
"I knew that the best crew in the world would be made available to salvage this battle of wills against Mother Nature," said Captain Morgan. "90,000 gallons? That is 425,000 bottles of Captain Morgan Lime Bite that would have never made it to the store shelves over the holidays and enjoyed with a mixer or to liven up a domestic beer. Whether it is the Nor'easter of the decade or the storm of the century, Captain Morgan is there to battle, support and guard over the world's most popular spiced rum so that all my friends of legal drinking age can appreciate its joys like I do, in a very responsible manner."
"The quick resolution of this situation was a testament to the professionalism and teamwork displayed by TITAN, Crowley, the Coast Guard, and all the first responders in Virginia Beach," said Rob Grune, Crowley's senior vice president and general manager of Puerto Rico and Caribbean services. "After ensuring the safety of the public, the environment, the vessel and its cargo, our priority was to get our customers' cargoes to their destinations as quickly as possible - including Captain Morgan's rum. Communication with all our customers was constant to ensure they knew what was happening with the operation every step of the way."
The Captain Morgan Rum is now situated at Crowley's Petty's Island Terminal located in the Delaware River directly across from Philadelphia and is getting ready to be shipped to its plant in Relay, Maryland. The oak aged rum is transported across the Atlantic Ocean to its final bottling destination in 20-foot and 40-foot tanks with 6,800 gallons or more capacity.
"Some diligent commitment by all parties brought forth a success story for everybody, especially for my bottling team in Relay, Maryland who were greatly anticipating this important shipment to meet our supplier deadlines," said Diageo-Relay Plant Manager Rick Robinson. "We are very thankful to all the Crowley Maritime team for their world class professionalism and seamanship in getting this shipment to its destination in the safest manner possible."
Unconfirmed stories about Petty's Island go back to Elizabeth Kinsey, a Quaker, who acquired the island from Lenni-Lenape Indians in the late 17th century and later transferred the property to William Penn. Petty's Island has had a long and colorful history; indeed it's been home to a slave depot and possibly even pirates. The island takes its name from John Petty who owned it around the time of the American Revolution. During the 19th century schooners were built here and a summer resort flourished before industrial operations took root in the early 1900s.
According to documents kept by the Camden Historical Society, it was the property of the Lenape Indians until 1678, when a Quaker woman bought it for $240 and annual payments of 16 barrels of gunpowder and 16 barrels of rum. It was later owned by William Penn, and it received Benjamin Franklin on his first trip to Philadelphia. At times, Petty's Island was a place for parties, duels, slave ships and, on at least one occasion, a lynching.
Whether you're saving a marooned barge or simply marooned at the bar, Captain Morgan reminds consumers to drink responsibly. Captain's Orders!
About Diageo
Diageo (Dee-AH-Gee-O) is the world's leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, wines, and beer categories. These brands include Johnnie Walker, Guinness, Smirnoff, J&B, Baileys, Jose Cuervo, Tanqueray, Captain Morgan, Crown Royal, Beaulieu Vineyard and Sterling Vineyards wines.
Diageo is a global company, trading in more than 180 countries around the world. The company is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE). For more information about Diageo, its people, brands, and performance, visit us at www.diageo.com. Celebrating life, every day, everywhere, responsibly.
About Crowley
Jacksonville-based Crowley Holdings Inc., a holding company of the 117-year-old Crowley Maritime Corporation, is a privately held family and employee-owned company. The company provides diversified transportation and logistics services in domestic and international markets by means of six operating lines of business: Puerto Rico/Caribbean Liner Services, Latin America Liner Services, Logistics Services, Petroleum Services, Marine Services and Technical Services. Offered within these operating lines of business are the following services: liner container shipping, logistics, contract towing and transportation; ship assist and escort; energy support; salvage and emergency response through its TITAN Salvage subsidiary; vessel management; vessel construction and naval architecture through its Jensen Maritime subsidiary; government services, and petroleum and chemical transportation, distribution and sales. Additional information about Crowley, its subsidiaries and business units may be found on the Internet at www.crowley.com
Contacts: Greg Leonard Diageo 646-223-2111 Greg.Leonard@diageo.com
SOURCE Captain Morgan
HATBORO, Pa. Nov. 20 /PRNewswire-FirstCall/ -- InfoLogix, Inc. (Nasdaq: IFLG), a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, today announced that the Company, including its subsidiaries, have completed a restructuring transaction with its senior lender, Hercules Technology Growth Capital, Inc. ("Hercules"), pursuant to which a portion of the Company's outstanding debt with Hercules Technology I, LLC, a wholly-owned subsidiary of Hercules ("HTI"), was converted into equity in the Company, the remaining outstanding debt with Hercules was otherwise restructured, the Company issued warrants to purchase equity in the Company to HTI, and certain other debt and earnout obligations with other parties were restructured. The restructuring resulted in the cancellation of $5 million in indebtedness and provides for up to $5 million in additional availability under a revolving credit facility with Hercules.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090618/NE35135LOGO )
Under the terms of the restructuring, HTI exchanged $5 million in existing indebtedness for 67,294,751 shares of the Company's common stock. Additionally, the Company issued to HTI at closing a warrant to purchase 16,823,688 shares of the Company's common stock at an exercise price of $0.0743 per share. The warrant has a five year term and is immediately exercisable at such time when the Company amends its certificate of incorporation to increase the number of authorized shares of common stock or implements a reverse stock split that results in the Company having a sufficient amount of authorized shares to issue the warrant shares. The Company has agreed to register these shares with the Securities and Exchange Commission for resale.
The remainder of the Company's indebtedness with Hercules was restructured to include two term loans aggregating $10.5 million and a revolving credit facility of $12 million, of which $7 million is outstanding at closing. The revolving credit facility expires on May 1, 2011, but may be extended at the Company's option for six months if there is no existing event of default. Any advances under the revolving credit facility bear interest initially at 12.0% per annum until the term loans, as described below, are repaid in full, when the interest rate on outstanding advances will be prime plus 4%. Borrowings under the revolving credit facility are based on eligible accounts receivables, including an overadvance provision of up to $500,000, which will be due 28 days after the overadvance is drawn. Overadvances bear interest at 15% per annum.
The term loans are comprised of a $5.5 million term loan due on November 1, 2013 ("Term Loan A") and a $5 million convertible term loan due on November 1, 2014 ("Term Loan B"). Amortization on Term Loan A begins on December 1, 2010. Term Loan B may be converted into shares of the Company's common stock at a price of $0.0743 per share at Hercules' option, or automatically if the 90-day value weighted adjusted price of the common stock exceeds five times the conversion price. The Company, however, has the right to pay a portion of the conversion amount in cash plus applicable fees, interest and other charges instead of shares of common stock if an automatic conversion occurs under certain circumstances.
Term Loan A bears interest at (i) 12% per annum for the first year, (ii) 18% per annum for the next year, and (iii) 15% thereafter. All interest on Term Loan A is payable in cash monthly commencing December 1, 2009. Term Loan B bears interest at (i) 14.5% per annum for the first year, (ii) 20.5% per annum for the next year, and (iii) 17.5% thereafter. 2.5% of the interest on Term Loan B will be "paid in kind" compounded monthly. Hercules has the option to turn the PIK interest into cash interest or additional shares of common stock if certain predefined metrics are maintained. The balance of the interest on Term Loan B is payable in cash monthly commencing December 1, 2009. In the event the term loans are prepaid, a prepayment charge on the principal prepaid of 5% if prepaid during the first 12 months, 3% if prepaid during the next 12 months and 1% thereafter will be due, provided that, if the term loans are prepaid in the first 12 months and there is no event of default, Hercules will waive the prepayment charge on both term loans. The Company has agreed to register for resale with the Securities and Exchange Commission the shares issuable upon conversion of Term Loan B and accreted Term Loan B interest.
The Company was assessed a transaction fee of $450,000 in connection with the Restructuring, which is payable in 12 equal monthly installments beginning in May 2010. The obligations of the Company under the Loan Agreement are secured by all of the personal property of the Company and its subsidiaries, including all of the equity interests of the Company and its subsidiaries in their respective subsidiaries.
NASDAQ Compliance Status
On August 19, 2009, NASDAQ notified the Company that it did not comply with the minimum $2.5 million stockholders' equity requirement for continued listing on The NASDAQ Capital Market, as set forth in Listing Rule 5550(b). On October 30, 2009, the Company received notice that the NASDAQ Listing Qualifications Staff had granted the Company's request for an extension to regain compliance with this listing rule by no later than November 20, 2009. Additionally, on October 30, 2009, NASDAQ granted the Company's request for a financial viability exception to NASDAQ's stockholder approval requirements for the restructuring. On November 10, 2009, the Company issued a press release and provided notice to its stockholders announcing that NASDAQ had granted the Company's request for a financial viability exception.
Based upon the consummation of the restructuring discussed above, the Company believes that as of the date of this press release it has regained compliance with the $2.5 million stockholders' equity requirement for continued listing on The NASDAQ Capital Market. The Company is awaiting NASDAQ's formal determination with respect to its compliance status. In addition, NASDAQ will continue to monitor the Company's ongoing compliance with the minimum stockholders' equity requirement and, if at the time of its next periodic report the Company does not evidence compliance with that requirement, it may be subject to delisting from NASDAQ.
There can be no assurance that the Company will continue to meet the minimum stockholders' equity requirement. If the Company does not, the Company may request a hearing before the NASDAQ Listing Qualifications Panel. Such request would stay any delisting determination by the NASDAQ Listing Qualifications Staff and the Company's securities would remain listed on NASDAQ pending a formal determination by the Panel.
About InfoLogix, Inc.
InfoLogix is a leading provider of enterprise mobility solutions for the healthcare and commercial industries. InfoLogix uses the industry's most advanced technologies to increase the efficiency, accuracy, and transparency of complex business and clinical processes. With 19 issued patents, InfoLogix provides mobile managed solutions, on-demand software applications, mobile infrastructure products, and strategic consulting services to over 2,000 clients in North America including Kraft Foods, Merck and Company, General Electric, Kaiser Permanente, MultiCare Health System and Stanford School of Medicine. InfoLogix is a publicly-traded company (Nasdaq: IFLG). For more information visit www.infologix.com.
Safe Harbor
InfoLogix makes forward-looking statements, including those relating to debt restructuring and continued listing on Nasdaq, in this press release which represent our expectations or beliefs about future events and financial performance. Forward-looking statements are identifiable by words such as "believe," "anticipate," "expect," "intend," "plan," "will," "may" and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties, including the risks described in our Annual Report on Form 10-K for the period ended December 31, 2008, our Quarterly Report on Form 10-Q for the period ended June 30, 2009 and other filings we make with the Securities and Exchange Commission. In addition, actual results could differ materially from those suggested by the forward-looking statements, and therefore you should not place undue reliance on the forward-looking statements. We do not make any commitment to revise or update any forward-looking statements to reflect events or circumstances occurring or existing after the date of any forward-looking statement is made.
Contact: John A. Roberts, Chief Financial Officer, 215-604-0691 x1102
SOURCE InfoLogix, Inc.
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