Press Releases

Celebrating 25 Years of Excellence

BEAVERTON, Ore.--(BUSINESS WIRE)-- Today, Jordan Brand, a division of NIKE, Inc. (NYSE: NKE), announced the upcoming launch of its 25th anniversary AIR JORDAN 2010 shoe. Celebrating a quarter-century of innovative design and genre-inspiring style, Jordan Brand created the AIR JORDAN 2010 to pay respect to the legacy of Michael Jordan in basketball while passing on the heritage of the sport to the talented Team Jordan athletes, such as Dwyane Wade, who will be the first to debut the AIR JORDAN 2010.

"The celebration of the AIR JORDAN 2010 and our 25th anniversary are the pinnacle of a year full of milestones for me," said Michael Jordan. "With each shoe, consumers have pushed me to take the next AIR JORDAN beyond their wildest imagination. The AIR JORDAN 2010 marks the future of Jordan Brand and proves there are no limits to what this Brand is capable of creating."

Acclaimed shoe designers Tinker Hatfield, Vice President of Special Projects/Design for NIKE and Mark Smith, Creative Director for Jordan Brand, collaborated with Michael Jordan on the AIR JORDAN 2010, taking the literal interpretation of Jordan's ability to see through his opponents by creating the Brand's first see-through performance basketball shoe featuring a unique transparent thermoplastic urethane (TPU) window.

"The AIR JORDAN 2010 pays homage to Jordan's ability to know his opponents' next move while only giving hints of his ability and allowing the players to only see what he wanted them to see on the court," said Tinker Hatfield. "His keen instinct for anticipating his challengers' next move and disguising his own techniques are just a few of the attributes that led to him being named the greatest basketball player ever to play the game."

To assist all basketball players' game while wearing the shoe, Hatfield and Smith also designed the AIR JORDAN 2010 with a revolutionary new concept to performance basketball footwear - a layered toe construction that has an independent forefoot support cover. This innovative design technique allows the AIR JORDAN 2010 to mimic an actual foot's flexibility and movement without being restricted by the shoe's structures, assisting in a player's ability to be more agile in the game.

Since 1984 when Jordan wore the first AIR JORDAN sneaker, AIR JORDAN has become one of the world's most recognizable franchises known for its signature Jumpman logo, innovative performance technology and fashion-forward style memorializing the sneakers into popular culture history. Jordan Brand has adapted the AIR JORDAN to the changing fashion landscape in its 25 years, utilizing the importance of green technology by making the AIR JORDAN XX3, AIR JORDAN 2009 and now the AIR JORDAN 2010 under Nike's Considered Design ethos of combining sustainability with performance and innovation.

Jordan Brand launches the AIR JORDAN 2010 nationwide on Saturday, February 13, 2010 for a suggested retail price of $170. Retailer information can be found at www.Jumpman23.com.

About Jordan Brand

A division of NIKE, Inc., Jordan Brand is a premium brand of footwear, apparel and accessories inspired by the dynamic legacy, vision and direct involvement of Michael Jordan. The Jordan Brand made its debut in 1997 and has grown into a complete collection of performance and lifestyle products. The Jordan Brand remains active in the community by donating a portion of its proceeds to Jordan Fundamentals, an education grants program for teachers.

For more information on Jordan Brand, visit www.Jumpman23.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6098311&lang=en

    Source: Jordan Brand

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/1e3bcb/chromium_iii_chl) has announced the addition of the "Chromium (III) Chloride Hexahydrate (CAS 10060-12-5) Market Research Report 2009" report to their offering.

The study 'Chromium (III) Chloride Hexahydrate (CAS 10060-12-5)Market Research Report 2009' presents an overview of the Chromium (III) Chloride Hexahydrate market globally and regionally by contemplating and analyzing its parameters.

Basic report includes:

    --  general information on Chromium (III) Chloride Hexahydrate
    --  applications of Chromium (III) Chloride Hexahydrate, its consumers
    --  Chromium (III) Chloride Hexahydrate manufacturers and suppliers
        worldwide
    --  Chromium (III) Chloride Hexahydrate current market prices

The research is based on reliable data and supplies with the latest information on selected aspects of the market.

Key Topics Covered:

1. GENERAL CHROMIUM (III) CHLORIDE HEXAHYDRATE DESCRIPTION, COMPOSITION, INFORMATION ON INGREDIENTS, HAZARDS IDENTIFICATION, HANDLING AND STORAGE, TOXICOLOGICAL INFORMATION

2. CHROMIUM (III) CHLORIDE HEXAHYDRATE APPLICATION AREAS, PATENTS

3. MANUFACTURERS AND TRADERS OF CHROMIUM (III) CHLORIDE HEXAHYDRATE (INCLUDING CONTACT DETAILS)

3.1. Manufacturers of Chromium (III) Chloride Hexahydrate

3.2. Suppliers (trading companies) of Chromium (III) Chloride Hexahydrate (including contact details)

4. CHROMIUM (III) CHLORIDE HEXAHYDRATE CURRENT MARKET PRICES

5. CONSUMERS OF CHROMIUM (III) CHLORIDE HEXAHYDRATE

For more information visit http://www.researchandmarkets.com/research/1e3bcb/chromium_iii_chl

    Source: Research and Markets

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/2bd5e1/china_2009_fortune) has announced the addition of the "China 2009 Fortune Global 500 Databank - Company Profiles" company profile to their offering.

This report provides in-depth company profiles for Chinese companies ranked in the 2009 Fortune Global 500 list. All data is gathered from primary source. Reports are available in easily accessible PDF format and data is consistently presented. Data is regularly tracked and enhanced to ensure data on these high profile companies is accurate and current. This report is an indispensable tool for investors, researchers and analysts wanting to gather the relevant facts on the major companies in of the world. The author concentrates on a small number of high profile companies using tested and trusted research and editorial methodologies.

Report Scope

    --  An excellent all round report covering all key aspects of companies
        profiled within the report
    --  Company profiles include- full contact details, activities description,
        board of directors, key executives, key financials, international
        locations, executive biographies, competitors, analyst coverage, quick
        bullet point company facts, date of establishment, number of employees,
        ticker symbol, tradenames and SIC codes

Why Buy This Report?

    --  "Snapshot" information, easy to scan and analyse
    --  Up to 8 years of key financial data
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    --  Well maintained and in-depth

Key Topics Covered:

This report provides the following corporate data:

    --  Company Name
    --  Company Variant Name
    --  Address
    --  Primary Telephone Number
    --  Primary Fax Number
    --  Email
    --  Website
    --  SIC Codes
    --  Date of Establishment
    --  Stock Exchange and Ticker
    --  Competitors
    --  Activities Description
    --  Board of Directors
    --  Senior Management and Key Decision Makers
    --  Executive Biographies
    --  Selected Financial Data covering 8 Years (Sales, PBT, PAT, Shareholders'
        Equity, Total Assets, EPS and Dividends)
    --  Analyst Coverage
    --  Trade Names
    --  Locations

Some Companies Mentioned:

    --  Agricultural Bank of China
    --  Aluminum Corporation of China Limited
    --  Aviation Industry Corporation of China
    --  Bank of China Limited
    --  Bank of Communications Co Ltd
    --  Baosteel Group Corporation
    --  China Communications Construction Company Ltd
    --  China Construction Bank
    --  China FAW Group Corporation
    --  China HuaNeng Group
    --  China Life Insurance Company Limited
    --  China Metallurgical Group Corporation
    --  China Ocean Shipping (Group) Company
    --  China Railway Construction Corporation Limited
    --  China Railway Engineering Group Co Ltd
    --  China South Industries Group Corporation
    --  China Southern Power Grid Co Ltd
    --  China State Construction Engineering Corporation
    --  China Telecom Corporation Limited
    --  China United Telecommunications Corporation Ltd
    --  CITIC Group
    --  Shanghai Automotive Industry Corporation (Group)
    --  Sinochem Corporation
    --  Sinopec Corporation
    --  Sinosteel
    --  State Grid Corporation of China

For more information visit http://www.researchandmarkets.com/research/2bd5e1/china_2009_fortune

    Source: Research and Markets

PASADENA, Calif.--(BUSINESS WIRE)-- JMG Exploration, Inc., ("JMG" or the "Company") (OTC: JMGEE) announced that it entered into a Settlement Agreement between Newco Group Ltd. ("Newco"), and Iris Computers Ltd. (Iris) in regards to a defaulted $3 million loan to Newco. The Settlement Agreement provides that all rights, claims and demands of all parties are settled in full upon JMG's surrender of 1,427,665 shares of Iris held as collateral for the loan and JMG's receipt of $1,900,000. Payment to JMG is to occur within one week of receiving statutory approvals required by Indian laws or December 1, 2009, whichever is later. JMG will record a gain on settlement of $750,000 in the 4th quarter of 2009.

JMG also announced that Reg Greenslade has resigned as Chairman and will no longer serve as a director. Joseph Skeehan will replace Mr. Greenslade as Chairman. Tom Jacobsen was also appointed President of JMG Canada Limited and effective December 15, 2009, Justin Yorke will replace Mr. Skeehan as Chief Executive and Financial Officer.

About JMG: JMG Exploration, Inc., which was incorporated under the laws of the State of Nevada on July 16, 2004, explores for oil and natural gas in the United States and Canada.

This press release contains forward-looking statements. The words "proposed", "anticipated" and scheduled" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. The following factor, among others, could cause actual results to differ from those described in the forward-looking statements in this document: the results of JMG's review of the impact of the corrected calculation of depreciation, depletion and amortization and other factors described in JMG's filings with the Securities and Exchange Commission ("SEC"), which are available at the SEC's Web site (http://www.sec.gov). JMG is not under any obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future events or otherwise.

    Source: JMG Exploration, Inc.

AURORA, ON, Nov. 11 /PRNewswire/ - Magna Entertainment Corp. ("MEC" or the "Company") filed this news release as its fourteenth bi-weekly default status report under National Policy 12-203 of the Canadian Securities Administrators, pursuant to which MEC announced that it would not be filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2008, nor would it be filing quarterly reports on Form 10-Q, with the U.S. Securities and Exchange Commission or the Canadian securities regulators during the period it continues to operate its business as a debtor-in-possession under the United States Bankruptcy Code. Since announcing the original notice of default on March 26, 2009, and filing its first default status report on April 7, 2009, its second default status report on April 28, 2009, its third default status report on May 29, 2009, its fourth default status report on June 12, 2009, its fifth default status report on June 26, 2009, its sixth default status report on July 10, 2009, its seventh default status report on July 24, 2009, its eighth default status report on August 7, 2009, its ninth default status report on August 25, 2009, its tenth default status report on September 9, 2009, its eleventh default status report on September 23, 2009, its twelfth default status report on October 14, 2009 and its thirteenth default status report on October 28, 2009, there have not been any material changes to the information contained therein, nor any failure by MEC to fulfill its intentions stated therein, and there are no additional defaults or anticipated defaults subsequent thereto. The Company intends to file its next default status report on November 25, 2009.

This press release contains "forward-looking statements" within the meaning of applicable securities legislation, including Section 27A of the United States Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the United States Securities Exchange Act of 1934, as amended (the "Exchange Act") and forward-looking information as defined in the Securities Act (Ontario) (collectively referred to as "forward-looking statements"). These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and the Securities Act (Ontario). Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or the times at or by which such performance or results will be achieved. Undue reliance should not be placed on such statements. Forward-looking statements are based on information available at the time and/or management's good faith assumptions and analyses made in light of the Company's perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances and are subject to known and unknown risks, uncertainties and other unpredictable factors, many of which are beyond the Company's control, that could cause actual events or results to differ materially from such forward-looking statements. Important factors that could cause actual results to differ materially from the Company's forward-looking statements include, but may not be limited to, the timing of filing of default status reports, the Company's ability to obtain court approval with respect to its motions in the Chapter 11 proceedings; the ability of the Company and its subsidiaries to prosecute, develop and consummate a plan of reorganization with respect to the Chapter 11 proceedings; risks associated with third party motions in the Chapter 11 proceedings, which may interfere with the Company's ability to develop and consummate a plan of reorganization; the potential adverse effects of the Chapter 11 proceedings on the Company's liquidity or results of operations; and material adverse changes in: general economic conditions; the popularity of racing and other gaming activities as recreational activities; the regulatory environment affecting the horse racing and gaming industries; the Company's ability to obtain or maintain government and other regulatory approvals necessary or desirable to proceed with proposed real estate developments; increased regulation affecting certain of the Company's non-racetrack operations, such as broadcasting ventures; and the Company's ability to develop, execute or finance the Company's strategies and plans within expected timelines or budgets. In drawing conclusions set out in our forward-looking statements above, we have assumed, among other things: the ability of the Company to obtain court approval with respect to its motions in the Chapter 11 proceedings; the ability of the Company and its subsidiaries to prosecute, develop and consummate a plan of reorganization with respect to the Chapter 11 proceedings; that the Company will be able to manage the risks associated with third party motions in the Chapter 11 proceedings and they will not interfere with the Company's ability to develop and consummate a plan of reorganization; the Company will be able to adequately manage any potential adverse effects of the Chapter 11 proceedings on MEC's liquidity or results of operations.

Forward-looking statements speak only as of the date the statements were made. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking statements. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect thereto or with respect to other forward-looking statements.

SOURCE: Magna Entertainment Corp.

SOURCE Magna Entertainment Corp.