Press Releases

WILMINGTON, Del., July 6 /PRNewswire-FirstCall/ -- Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) previously announced negotiations with respect to a third party seeking to acquire control of the company. These negotiations continue the path of finalization and the company intends to notify shareholders promptly upon approval of all parties as to the final contract.

In addition, the company previously announced the appointment of Rick Blackburn as President of Beacon Redevelopment Industrial Corp. and its subsidiaries. Mr. Blackburn is also a Manager of Renaissance Renovations & Development LLC. This resulted in inquiries from shareholders about the previously entered contract amid speculation that RRD intended to reduce costs associated with the contract by placing their agent in a managerial capacity at Beacon Redevelopment.

Mr. Blackburn, as President of Beacon Redevelopment and its subsidiaries, maintains a fiduciary duty to the investors of the company and must take actions to further their interests and increase shareholder value. As such, the company will not alter the agreement announced on September 25, 2008, between the company and RRD. Under the contract, Beacon Redevelopment's wholly owned subsidiary will receive payment of an additional $5,350,000.00 in exchange for the rights to salvage the Westmoreland Glass Factory in Grapeville, Pennsylvania. This necessarily means that Beacon Redevelopment will not provide any discounts to RRD and will not renegotiate the monetary terms to make it more favorable for the contractor without regard to any market changes for industrial building supplies.

Both companies are actively pursuing the demolition in accordance with the understanding. In fact, Mr. Blackburn will be in Western Pennsylvania for nine (9) days beginning on July 11, 2009, furthering the pre-demolition stages. He hopes to update interested parties on the progress thereafter.

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof.

    SOURCE:  Public Relations
             Beacon Redevelopment Industrial Corporation
             302-724-6919
             info@beaconredevelopment.com

    URL:     http://www.beaconredevelopment.com

SOURCE Beacon Redevelopment Industrial Corporation

DALLAS, July 6 /PRNewswire-FirstCall/ -- Trintech Group Plc (Nasdaq: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets worldwide, is proud to announce its participation in the upcoming IQPC Shared Services for Finance & Accounting conference, being held July 20 - 22 in Chicago, IL. Trintech's Vice President of Finance Transformation, Theresa Clark, will discuss how Shared Service Centers can reduce costs and improve financial transparency with more streamlined and automated account reconciliation processes.

"Shared Service Centers are increasingly being asked to not only align with the strategic goals of the enterprise, but in many instances to help fashion those strategies," said Ms. Clark. "Transforming the account reconciliation process by automating repetitive, manual efforts allows businesses to focus resources on truly transformational initiatives, while reducing costs and ensuring compliance with an increasingly strict regulatory compliance environment."

Ms. Clark's presentation, entitled "Shared Service Reconciliation: Reduce Cost, Increase Management Visibility," will be presented on Wednesday, July 22 at 11:00 am. "The account reconciliation process is one of the most fundamental balance sheet controls and has been the source of errors and inefficiency in the final hours of the close," said Ms. Clark, "and yet for most firms the process is almost entirely manual. By applying the principles of 'sustained compliance' to optimize reconciliation processes, businesses can ensure that they are meeting control objectives, while still contributing to the bottom line."

The 9th annual IQPC Shared Services for Finance and Accounting conference is being held July 20 - 22 in Chicago, IL. For more information, please visit www.iqpc.com/us/ssfa.

About Trintech Group

Trintech Group Plc (Nasdaq: TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance software solutions for commercial, financial, and healthcare markets worldwide. Trintech's recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.

Over 600 leading global organizations realize the benefits of Trintech's configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer's Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.

For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.

    Trintech  15851 Dallas Parkway, Suite 900  Addison, TX 75001
              Tel 1 972 701 9802
    Trintech UK Ltd.  Warnford Court, 29 Throgmorton St.  London EC2N2AT, UK
              Tel +44 (0) 20 7628 5235
    Trintech Technologies  Block C, Central Park  Leopardstown, Dublin 18,
              Ireland  Tel +353 1 293 9840
    Trintech Cypresbaan 9  2908 LT Capelle a/d Ijssel, The Netherlands
              Tel +31 (0) 10 8507 474

    Trintech Press Contact:
    Dallas: Dave Tomlinson - Director, Marketing
    Tel. +1 972 739-1611. Email: dave.tomlinson@trintech.com

SOURCE Trintech Group Plc

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- The United States Patent and Trademark Office (PTO) is reexamining two currently issued U.S. patents owned by the Institut Pasteur and the Universite Pierre et Marie Curie, and licensed to Cellectis SA (Alternext: ALCLS). The two patents belong to a family of thirteen issued U.S. patents, which includes U.S. Patent Nos. 7,309,605 and 6,610,545 that are being asserted against Precision BioSciences.

Precision filed requests seeking reexamination of U.S. Patent No. 7,214,536 (the '536 patent) and U.S. Patent No. 6,833,252 (the '252 patent) on the grounds that these claims of these patents are obvious in view of a variety of references which had not been previously considered by the patent examiners. On May 27, 2009, the PTO granted Precision's requests and issued initial rejections of all 17 claims of the '536 patent, and 18 of 19 claims of the '252 patent.

In rejecting the claims of the '252 patent, the PTO concluded:

       The terms "an I-SceIV site, an I-Csml site, I-Panl site, I-Scell site, an
       I-CeuI site, an I-PpoI site, an I-SceIII site, an I-CreI site, an I-TevI
       site, an I-TevII site, an I-TevIII site, and an I-SceI site" are each
       interpreted to mean a segment of DNA having a sequence that is recognized
       by the corresponding Group I intron encoded endonuclease, which includes
       the insertion site for the corresponding Group I intron. The terms
       include the naturally-occurring endonucleases but not genetically
       engineered endonucleases with altered specificities or activities.
       (Emphasis added.)

The PTO went on to conclude:

       "Group I intron encoded endonuclease site" is interpreted to mean a
       segment of DNA having a sequence that is recognized by a Group I intron
       encoded endonuclease and, as shown in Figure 6 of the '252 patent, that
       includes the insertion site for the corresponding Group I intron.
       (Emphasis added.)

Similar claim terms are used in the '605 patent and '545 patent that are the subject of ongoing litigation between Cellectis and Precision.

The enzymes which are the basis of Precision's Directed Nuclease Editor(TM) technology are genetically-engineered endonucleases with altered specificities. The recognition sites of these rationally-designed enzymes do not include the intron insertion site of a naturally-occurring Group I intron encoded endonuclease.

In rejecting all but one of the claims of the '536 patent and the '252 patent as obvious, the PTO relied on a number of the same references that Precision contends also render the asserted claims of the '605 patent and '545 patent obvious or anticipated.

According to data released by the PTO for all inter partes reexaminations which had been concluded since the procedure was first introduced in 1999 through March 31, 2009, 73% of the reexaminations resulted in all issued claims being canceled, and 93% of the reexaminations resulted in at least some issued claims being canceled or amended.

Precision BioSciences is now evaluating whether or not it will request that every patent in this family be reexamined, including those currently asserted against Precision.

Interested parties can download a copy of the PTO's office actions at: www.precisionbiosciences.com/news.

About Precision BioSciences

Precision's mission is to utilize its engineered endonuclease technology to become the world leader in the field of genomic molecular biology. Precision's proprietary Directed Nuclease EditorTM (DNE) technology enables the production of custom genome editing enzymes that can insert, remove, modify, and regulate essentially any gene in mammalian or plant cells.

Precision BioSciences has already produced hundreds of custom endonucleases for partners and internal development that can precisely alter naturally occurring sequences within genomes. Precision has successfully partnered its DNE technology with several of the world's largest agbiotech firms and is internally developing applications in biological production and human therapeutics. For additional information, please visit www.precisionbiosciences.com.

    Source: Precision BioSciences

DUBLIN--(BUSINESS WIRE)-- Research and Markets(http://www.researchandmarkets.com/research/659286/research_report_of) has announced the addition of the "Research Report of China's Textile Industry, 2009" report to their offering.

Textile products mainly contain cotton, bast, wool, silk, chemical fiber and some primary dyeing and printing products. Thus analysis and research of the textile industry will focus on the industrial chain of these products and development trend of related industries.

Actually, the textile industry mainly involves processing such raw materials as cotton, wool and silk and materials for daily necessaries like clothes and so on. The industry which is closely linked to both the textile industry and the chemical industry is the chemical fiber textile industry, especially the man-made chemical fiber textile industry. In addition, the process of dyeing and printing may use many chemical instruments.

The textile industry plays a significant role in China's national economy. On one hand, the textile industry is a traditional advantageous industry in China and textile products serve as important foreign trade goods. On the other hand, development of the textile industry will be a major factor affecting demands, supplies and prices of the costume industry.

Due to the aggravating financial crisis and the gloomy global economy, China's textile industry begins to see a depression and its output value represents a downtrend.

From January to December of 2008, the total export value of China's textile industry stood at 65.406 billion USD, a year-on-year increase of 16.6 percent and a link-relative-ratio decrease of 1.5 percent. The growth rate of export value saw an apparent slip in 2008. Textile export in February and November of 2008 both witnessed a year-on-year reduction, with export in December the same as that of 2007. It can be implied that although China adjusted export tax rebate twice in the second half of 2008, the export of the textile industry did not show an obvious improvement.

In spite of the gloomy export market, China's textile industry still represents surplus. The surplus in 2008 reached 49.171 billion USD. Import and export changes in these five years show that the surplus of the textile industry in China sees an uptrend.

Due to fluctuating prices of raw materials, tight policies and the gloomy foreign trade market, China's textile industry was in depression in 2008 and many enterprises suffered great pressure. However, it is predicted that China's textile industry will see a recovery in 2009.

Since the second half of 2008, Chinese government has issued many favorable policies to foster the textile industry. "Revitalization Plans for the Textile Industry" was passed in early 2009. All these policies greatly support the recovery of the textile industry in aspects of capitals, trade environment, etc. Rising export tax rebates also encourage textile enterprises and lift profits of the whole industry. Therefore, the policy is expected to be the major factor stimulating the recovery of China's textile industry in 2009.

The rapid development of China's economy, increasing demands and favorable policies all contribute to the improvement of the textile industry. However, some adverse factors and risks also exist. These risks mainly include rising costs, uncertainty of demands of downstream market and so on.

In 2009, development of China's textile industry will mainly rely on government's policies which help reduce risks of the whole industry be means of industrial plan and concentration. Most risks come from increasing labor costs and stricter environment-protection requirements listed on "Law of the People's Republic of China on Employment Contracts". Labor always serves as an important advantage for China's textile industry. The requirement of raising wages will lead to an increase of 5 percent in labor cost. However, China's textile industry, whose sales profit rate can not reach 5 percent, will suffer more pressure. Energy-saving policies set limitations to output and water emission, which also imposes great pressure on enterprises.

The demand and supply of the textile industry in China shows that domestic demands will serve as the major factor stimulating development of the textile industry. Thus risks are mainly from export demands. Although the textile industry has seen a recovery since the second half of 2008 due to the rising export tax rebates, international trade environment does not clear up and risks still exist as the growth of global economy slows down and demand for costume slumps. Meanwhile, trade barriers and environment-protection requirements will affect the export of China's textile industry and further exacerbate competition on textile market. The overall situation of the textile industry shows that risks in 2009 are mainly from gloomy demands for textile products.

Readers can get more information as follows:

    --  Present Sate of China's Textile Industry
    --  Present Sate of Sub-sectors of China's Textile Industry
    --  Import and Export of China's Textile Industry
    --  Major Enterprises and Their Operations of China's Textile Industry
    --  Influences of Global Financial Crisis on China's Textile Industry
    --  Risks for China's Textile Industry
    --  Policy Environment of China's Textile Industry
    --  Development Trend Forecast of China's Textile Industry

Companies Mentioned:

    --  Luthai Textile Co., Ltd
    --  Sunvim Group Co., Ltd
    --  Jiangsu Sunshine Group
    --  Shanghai Shenda Co., Ltd

For more information visit http://www.researchandmarkets.com/research/659286/research_report_of

    Source: Research and Markets

DENVER--(BUSINESS WIRE)-- MPEG LA, LLC, world leader in alternative one-stop patent licenses, today announced the offering of a new MPEG-2 Patent Portfolio License that will provide uninterrupted coverage for the life of the MPEG-2 essential patents at reduced royalty rates beginning January 1, 2010.

"MPEG LA and the MPEG-2 Licensors are committed to assuring that our MPEG-2 License continues to be responsive to the needs of our customers and the marketplace, and the new MPEG-2 License provides further affirmation of that objective," said Larry Horn, MPEG LA President and CEO.

From the later of January 1, 2010 or the execution date of the new License, the royalty rate for each MPEG-2 Decoding, Encoding and Consumer Product (as defined in the new License) will be US $2.00, down from the current $2.50, and royalties for MPEG-2 Packaged Medium (e.g., DVD Video Discs) will be reduced to US$0.0176 during 2010, and US$0.016 after 2010.

For more information about the new MPEG-2 Patent Portfolio License or to request a copy of the License, please visit http://www.mpegla.com/m2/ or email Licensing@mpegla.com.

MPEG LA, LLC

MPEG LA is the world leader in alternative technology licenses, enabling users to acquire worldwide patent rights necessary for a technology standard or platform from multiple patent holders in a single transaction as an alternative to negotiating separate licenses. Wherever an independently administered one-stop patent license would provide a convenient marketplace alternative to assist users with implementation of their technology choices, the licensing model pioneered and employed by MPEG LA may provide a solution. Among MPEG LA's licenses is a patent pool for MPEG-2 digital video compression that has helped produce the most widely employed standard in consumer electronics history. The MPEG-2 Patent Portfolio License, which includes more than 870 MPEG-2 essential patents in 57 countries, has more than 1,600 licensees accounting for most MPEG-2 products including set-top boxes, DVD players, digital television sets, personal computers and DVD Video Discs in the current world market. MPEG LA is an independent licensing administrator; it is not related to any standards agency and is not an affiliate of any patent holder. For more information, please refer to http://www.mpegla.com.

    Source: MPEG LA, LLC