Vornado Realty Trust Announces Completion of Cash Tender Offers For Its 3.625% Convertible Senior Debentures and Its 2.85% Convertible Senior Debentures Dec 2, 2009 02:08PM

PARAMUS, N.J.--(BUSINESS WIRE)-- Vornado Realty Trust (NYSE: VNO) ("Vornado") today announced that it has completed its previously announced cash tender offers for any and all of its 3.625% Convertible Senior Debentures (CUSIP No. 929043AE7) (the "3.625% Debentures") and its 2.85% Convertible Senior Debentures (CUSIP No. 929042AC3) (the "2.85% Debentures" and together with the 3.625% Debentures, the "Securities"), each of which is guaranteed by Vornado Realty L.P. (the "Operating Partnership"), the operating partnership through which Vornado conducts its business and holds substantially all of its assets.

The tender offers for the Securities expired at 12:00 midnight, New York City time, on December 1, 2009. Pursuant to the terms of the tender offers, Vornado purchased an aggregate of $449,672,000 principal amount of the 3.625% Debentures (representing approximately 51% of the 3.625% Debentures outstanding prior to the tender offer) and $1,103,459,000 principal amount of the 2.85% Debentures (representing approximately 98% of the 2.85% Debentures outstanding prior to the tender offer). The Securities purchased have been retired, thereby leaving $437,297,000 in aggregate principal amount of the 3.625% Debentures outstanding and $22,479,000 in aggregate principal amount of the 2.85% Debentures outstanding.

In accordance with the terms of the tender offers, the consideration paid for the Securities was $1,000 per $1,000 in principal amount of such Securities, plus accrued and unpaid interest to, but not including, December 2, 2009, the settlement date for the tender offers. The aggregate consideration paid for the Securities purchased, exclusive of accrued interest, was approximately $1.553 billion. Vornado paid for all of the Securities purchased pursuant to the tender offers with available cash received from the Operating Partnership.

BofA Merrill Lynch and Goldman, Sachs & Co. acted as the Dealer Managers for the tender offers and Global Bondholder Services Corporation acted as the information agent for the tender offers.

This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell, or to solicit any consents related to, the Securities. The offers to purchase Securities were only made pursuant to the Offer to Purchase and related letter of transmittal that Vornado has filed with the SEC and mailed to holders of Securities. Holders of Securities should read those materials carefully because they contain important information, including the various terms of, and conditions to, the tender offers.

Vornado Realty Trust is a fully integrated equity real estate investment trust.

Certain statements contained herein may constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vornado to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with the timing of and costs associated with property improvements, financing commitments, general competitive factors and the risk factors discussed in documents filed by Vornado from time to time with the SEC, including the Vornado's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.


    Source: Vornado Realty Trust


Nuvio Appoints New Executive Vice President of Sales Dec 2, 2009 02:08PM

Nuvio Appoints Ed Willey Executive Vice President

OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Nuvio Corporation, a leading provider of business Internet phone systems, announces that it has appointed Ed Willey as Executive Vice President of Channel Sales.

"We are very excited to add someone like Ed to our management team," stated Jason P. Talley, Chief Executive of Nuvio. "He understands the channel market intimately and will assist us in growing that segment of our business while responding to the demands and needs of the marketplace."

"Nuvio's product and channel programs are the best in the business," stated Ed Willey. "At Nuvio I have the ability to deploy stable and reliable products to the channel marketplace, which is something that is always in demand. I look forward to bringing my experience and channel focus to Nuvio."

Prior to Nuvio, Mr. Willey was involved with the indirect channel programs at NuVox, Gabriel Communictionas, and mPower Communications. He most recently was the President of E.T. Communications, a large master agent company.

Mr. Willey will be in charge of Nuvio's indirect channel programs, including its agent, lead agent, and dealer partnership programs. He will also be responsible for new channel product development and Nuvio's channel promotions.

Nuvio Corporation, a provider of on demand business communication solutions, distributes its products through direct, indirect and wholesale channels. Nuvio offers a reliable, stable communications platform providing unparalleled uptime for customers. Since 2003, Nuvio has provided PBX services for small to medium-sized businesses in a cost-effective manner. For more information, visit www.nuvio.com.


    Source: Nuvio Corporation


Luiri Gold Releases First Assay Results of the 2009 Drilling Programme at the Luiri Hill Project Dec 2, 2009 02:08PM

TORONTO, CANADA--(Marketwire - Dec. 2, 2009) - Luiri Gold Limited (TSX VENTURE: LGL)(ASX: LGM) has released the assay results from the first 23 drill holes of its plus 9,000m RC drilling programme at the Luiri Hill Gold Project (News Release September 16, 2009). The aim of this drilling was to improve the classification of the shallower resource at the Matala deposit and better define the edges of the mineralization. The assay results of these drill holes have confirmed that the Matala deposit is consistently mineralized throughout its defined resource and has the potential to be a high grade gold deposit over significant widths and strike length.


Highlights from the recently received results included in the table below.

-----------------------------------------
                     Corrected
Hole ID       FROM       Width   Gold Au
                (m)         (m)     (g/t)
-----------------------------------------
MTLRC151       110         8.0      11.6
-----------------------------------------
 including     115         1.8      36.1
-----------------------------------------
MTLRC121        60         5.2       9.5
-----------------------------------------
 including      60         1.7      26.5
-----------------------------------------
MTLRC162       159        20.5       4.9
-----------------------------------------
 including     162         1.5      17.0
-----------------------------------------
 AND           178         6.1       8.7
-----------------------------------------
MTLRC153       117         8.6       5.8
-----------------------------------------
MTLRC154       139         4.6       9.8
-----------------------------------------
MTLRC152        95        14.3       3.7
-----------------------------------------
 including     103         2.9      10.3
-----------------------------------------
MTLRC136        84        14.5       2.9
-----------------------------------------

Detail on the assay methods and intersection calculations including a full list of results is given at the end of this News Release with Table 1.

Drilling Results

A total of 6,077m of RC drilling (61 drill holes) of the 9,500m drill programme was completed during October and December 2009 at the Matala deposit by Boart Longyear using two RC drilling rigs. Only those sections of the drillholes which were identified as covering the mineralized Matala zone were submitted for analysis. From Table 1 it is clear that there are a relatively high number of mineralized intersections in addition to those listed above, which confirms the internal continuity of the gold mineralization within the Matala resource model. The drilling programme has been focused on the shallower portion of the deposit where initial pit optimization studies have identified the most likely areas that could fall into economic pit studies.

A number of the drill holes which ended in mineralization will need to be deepened during the December drilling programme. Figure 1 shows the projected intersections of mineralization in drill holes on a longitudinal section of the Matala deposit for the previous drilling programme and the current infill drilling programme. Note that the drill holes were not drilled in numerical order.

Qualified Person

The Luiri Gold exploration programs and resource calculations have been carried out under the supervision of Mr. Michael Sperinck, AUSMIM. Mr. Sperinck is a qualified person, as defined by National Instrument 43-101, and as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Sperinck is a Director and full-time employee of the Company. Mr Sperinck consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. Mr Sperinck has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration with more than 25 years of experience in the mining industry.

About Luiri Gold

Luiri Gold is a gold focused company with a strategy of creating shareholder value through building Luiri into a geographically diversified gold resource company in Africa with assets potentially ranging from near term production to exploration properties. The current focus is at Luiri Gold's wholly-owned Zambian subsidiary, Luiri Gold Mines Limited, which holds mineral tenements within southern-central Zambia covering approximately 1,200km2 of highly prospective exploration ground focused on the Dunrobin and Matala gold deposits. The Luiri Hill Project is situated approximately 120km west-northwest of the Zambian capital of Lusaka in Zambia's Central Province. Access to the Project area is by a newly-upgraded paved road from Lusaka.

The current Mineral Resource at the Luiri Hill Project includes 656,000 ounces gold contained in 7.1 million tonnes at 2.9g/t for the Inferred category and 144,000 ounces gold contained in 2.2 million tonnes at 2.1g/t for the Indicated category (reported in Press Release April 15, 2008).

In addition to the substantial gold resources the Luiri property also hosts the large, prominently outcropping hematitic Nambala iron deposit. A review by Coffey Mining indicated that on part of the mineralized body there exists the 'mineral potential' of between 100 and 300 million tonnes of rock at grades of 55-60% Fe. Interpretation of the regional geology indicates that the tonnages contained in this deposit could be significantly larger than this figure. It should be noted that the potential quantity and grade is conceptual in nature, and that there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

Luiri Gold's mineral tenements and the resource estimate are the subject matter of two Technical Reports which are available for review under the Company's profile at www.sedar.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF LUIRI GOLD LIMITED

Michael Sperinck, President, Managing Director and CEO

This press release contains forward-looking information which involves risks and uncertainties. Forward looking information represents management's current views and these may change significantly as new information comes to hand.


----------------------------------------------------------------------------
                                Corrected
           FROM      TO  Width      Width        Au
Hole ID      (m)     (m)    (m)        (m)     (g/t)                 Comment
----------------------------------------------------------------------------
MTLRC121     60      66      6        5.2       9.5
----------------------------------------------------------------------------
including    60      62      2        1.7      26.5
----------------------------------------------------------------------------
MTLRC121     69      80     11        9.6       2.2
----------------------------------------------------------------------------
MTLRC123     48      53      5        3.9    Cavity    Intersected old Stope
----------------------------------------------------------------------------
MTLRC124     71      78      7        5.3       2.5
----------------------------------------------------------------------------
MTLRC126     79      87      8        6.6       4.4
----------------------------------------------------------------------------
MTLRC127     55      60      5        4.4       1.5
----------------------------------------------------------------------------
MTLRC127     73      81      8        7.0       1.9
----------------------------------------------------------------------------
MTLRC128     27      33      6        5.2       1.8
----------------------------------------------------------------------------
MTLRC128     38      45      7        6.1       1.7
----------------------------------------------------------------------------
MTLRC132     47      53      6        5.2       3.5  Ended in mineralization
----------------------------------------------------------------------------
including    49      50      1        0.9      10.7
----------------------------------------------------------------------------
MTLRC132     58      63      5        4.4       2.7
----------------------------------------------------------------------------
MTLRC136     84     101     17       14.5       2.9
----------------------------------------------------------------------------
MTLRC138    108     118     10        7.5       2.0  Ended in mineralization
----------------------------------------------------------------------------
MTLRC144     47      49      2        1.5       5.4
----------------------------------------------------------------------------
Including    47      48      1        0.7       9.3
----------------------------------------------------------------------------
MTLRC144     80      85      5        3.7       6.2
----------------------------------------------------------------------------
including    81      84      3        2.2       9.0
----------------------------------------------------------------------------
MTLRC150    108     126     18       16.2       2.3
----------------------------------------------------------------------------
including   119     126      5        4.5       5.0
----------------------------------------------------------------------------
MTLRC151    110     119      9        8.0      11.6
----------------------------------------------------------------------------
including   115     116      2        1.8      36.1
----------------------------------------------------------------------------
MTLRC152     95     110     15       14.3       3.7
----------------------------------------------------------------------------
including   103     106      3        2.9      10.3
----------------------------------------------------------------------------
MTLRC153    117     126      9        8.6       5.8
----------------------------------------------------------------------------
MTLRC154    108     111      3        2.9       3.8
----------------------------------------------------------------------------
MTLRC154    139     144      5        4.6       9.8
----------------------------------------------------------------------------
MTLRC155    156     168     12        9.7       1.8  Ended in mineralization
----------------------------------------------------------------------------
MTLRC156    118     122      4        3.6       3.6  Ended in mineralization
----------------------------------------------------------------------------
including   118     119      1        0.9       9.9
----------------------------------------------------------------------------
MTLRC158    161     162      1        0.8       4.5  Ended in mineralization
----------------------------------------------------------------------------
MTLRC158    168     174      6        4.9       2.8
----------------------------------------------------------------------------
MTLRC159    138     149     11       10.0       3.0
----------------------------------------------------------------------------
including   147     149      3        2.7       8.1
----------------------------------------------------------------------------
MTLRC162    159     186     27       20.5       4.9
----------------------------------------------------------------------------
including   162     164      2        1.5      17.0
----------------------------------------------------------------------------
AND         178     186      8        6.1       8.7
----------------------------------------------------------------------------
MTLRC162    194     198      4        3.0       3.4
----------------------------------------------------------------------------
including   196     197      1        0.8       7.9
----------------------------------------------------------------------------
MTLRC163    189     195      6        4.9       6.3
----------------------------------------------------------------------------
including   192     194      2        1.6      14.6
----------------------------------------------------------------------------
MTLRC164    175     194     19       15.2       2.6
----------------------------------------------------------------------------
Including   177     178      1        0.8       8.8
----------------------------------------------------------------------------
Including   188     189      1        0.8      11.8
----------------------------------------------------------------------------

Note: The Matala deposit down hole lengths have been corrected using the down hole survey of the intersection and the local modeled dip of the mineralization. As the drill holes have been drilled perpendicular to the strike, no correction has been made for azimuth as the maximum deviation is less than 10 degrees. A cutoff grade of 0.5g/t Au has been used to define the boundary of the mineralized intersection. Gold accumulation is the weighted gold grade (g/t) multiplied by the width of the intersection (meters).

All samples were split using Jones rifflers and collected in plastic bags. The targeted depths were supplied to the geologist on each rig. The samples were submitted to Genalysis Laboratories in Johannesburg for sample preparation and analysis for gold by Fire Assay technique, followed by an atomic absorption spectrometer (AAS) reading. Sample pulp is despatched from Genalysis Johannesburg to Genalysis Perth for the multi-element analysis including copper by Aqua Regia dissolution, followed by an ICP-MS reading.

A Quality Assurance/Quality Control (QA/QC) program forms part of the drilling, sampling and assay program on the Luiri Hill Gold Project. This program includes chain of custody protocol as well as systematic submittal of certified reference materials, duplicates and blank samples into the flow of samples produced by the drilling. The approach is covered in the previous Technical Reports prepared according to the NI43-101 and lodged under the companies profile on the Sedar website.

An independent review of the sampling programme was undertaken and found that the RC sampling and quality control procedures are appropriate and conform to industry standard procedures.

To view "Figure 1: Matala deposit - Longitudinal Section (Note the drill hole names have been shortened for plotting)", please visit the following link:

http://media3.marketwire.com/docs/lui_map1202.jpg

THE TSX VENTURE EXCHANGE NOR THE ASX HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Luiri Gold Limited
        Michael Sperinck
        President
        +61-401-694-322

        Luiri Gold’s North American Investor Relations:
        First Canadian Capital Corp.
        Daniel Boase
        416-742-5600 or Toll Free: 1-866-580-8891
        request@firstcanadiancapital.com
        www.luirigold.com

Source: Luiri Gold Limited


Children's Theatre Company Turns Spotlight on Teen Directors Dec 2, 2009 02:07PM

MINNEAPOLIS--(BUSINESS WIRE)-- Children's Theatre Company (CTC) is thrilled to announce the introduction of OurSpace: an intensive laboratory experience for teen directors. Designed to support CTC's mission to inspire new generations of theatre professionals, OurSpace is a unique opportunity for a select group of student directors to produce a production of their choice--designed, stage managed and performed entirely by teens--with the professional support of CTC.

Beginning Dec. 3 and continuing through Dec. 19, Gimme Shelter, Razia's Shadow and Incentive for Christmas, directed by 17-year old Maria Janasz, 16-year old Thea Sass-Ainsworth and Dylan Frederick, respectively, will be performed in CTC's McGuire Performance Space, within CTC.

Gimme Shelter, directed by Maria Janasz (a student at Southwest High)

Gimme Shelter, a trilogy of one-act plays by Barrie Keefe, is a provocative, dark comedy about defying authority and learning to exert one's true potential.

Maria Janasz has experience in lighting, stage management, acting and technical directing. She has been involved in productions of Joseph & the Amazing Technicolor Dreamcoat, Much Ado About Nothing, Grease, Dracula, Monty Python's Flying Circus and McBike: the Musical.

Razia's Shadow, directed by Thea Sass-Ainsworth (a student at the Perpich Center)

Razia's Shadow tells the story of a world divided in two by the selfish acts of a powerful and egotistical angel. Written as a concept album by the band Forgive Durden, Razia's Shadow is an original view of the story of Genesis, told through 13 musical compositions that meld classical instrumentals and modern vocals.

Thea Sass-Ainsworth has been in several musical theatre productions, including Fiddle on the Roof, Bye Bye Birdie and Oliver! She played the female lead in West Side Story, Oklahoma and The King and I.

Incentive for Christmas, directed by Dylan Frederick

An original work by Dylan Frederick, Incentive for Christmas tells the tale of a couple torn apart by the Iraq War and their yearnings for fame and children.

Ticket information is available online at www.childrenstheatre.org or at the CTC Box Office at 612/874-0400.

Editor's Note: For more details or to speak with the teen directors and CTC staff, please contact Anne Schopen at 612/872-5110 or via aschopen@childrenstheatre.org.


    Source: Children's Theatre Company


AirTran Airways Agents Reject Representation by International Association of Machinists Dec 2, 2009 02:07PM

ORLANDO, Fla., Dec. 2 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), today announced that its customer service, ramp and Reservations agents have rejected representation by the International Association of Machinists (IAM).

The National Mediation Board (NMB) notified AirTran Airways today that they have dismissed the IAM's petition for a representation election because the group failed to garner the required 35 percent of eligible agents to sign representation cards requesting an election. The Board cited an "insufficient showing of interest" in its dismissal notification to both parties.

This is the fifth time since 1998 that this work group has elected to forgo representation. The company has ramp and customer service agents located in airports around the country while the Reservations agents are located in three cities -- Atlanta, Carrollton, and Savannah, Ga.

AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI) and a Fortune 1000 company, has been ranked the number one low-cost carrier in the Airline Quality Rating study for the past two years. The airline offers coast-to-coast flights on North America's newest all-Boeing fleet with Business Class and complimentary XM Satellite Radio on every flight. To book a flight, visit http://www.airtran.com.



Media Contacts:   Christopher White
                  Cynthia Tinsley-Douglas
                  678.254.7442

SOURCE AirTran Airways


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