Press Releases

AUSTIN, Texas--(BUSINESS WIRE)-- Convio, Inc., a leading provider of on-demand constituent relationship management software and services to nonprofit organizations, applauds Waterlife as the 2010 SXSW Web Award winner in the Activism category. All Web Award winners were announced in a ceremony tonight as part of the SXSW Interactive Festival, a five day event that brings together the best minds and the brightest personalities of emerging technology. Convio was proud to be a supporting sponsor of this year's SXSW Web Awards and the sponsor of the Activism Web Award.

Waterlife is an award-winning documentary by Kevin McMahon about the pollutants threatening the health of the Great Lakes. In 2009 the National Film Board of Canada approached web development and design company Jam3 Media to bring that story to life online. Based in Toronto, Canada, Jam3 is a collaborative interactive studio started by partners Mark McQuillan, Pablo Vio and Adrian Belina. The Waterlife site can be viewed at http://interactive.nfb.ca/waterlife/

"As the official sponsor of the 2010 Activism Award, Convio is proud to recognize Jam3 and the National Film Board of Canada for Waterlife, as an example of how organizations are embracing technology to move people," said Sara Spivey, chief marketing officer of Convio. "We congratulate them for this as this year's winner look forward to following their successes in the years to come."

The SXSW Web Awards is a competition that recognizes the best new Web sites and celebrates those who are building tomorrow's online trends. As a result of the growing presence nonprofit organizations are having in the interactive world, SXSW created the Activism Web Award category to recognize green and nonprofit websites that are striving to make the world a better place.

About Convio

Convio is a leading provider of on-demand constituent engagement solutions that enable nonprofit organizations to more effectively raise funds, advocate for change and cultivate relationships with donors, activists, volunteers, alumni and other constituents.

For more information, please visit www.convio.com

    Source: Convio

Says Sapporo Board Continues to Deny Responsibility for Its Long-Term Record of Mismanagement

TOKYO--(BUSINESS WIRE)-- Steel Partners Japan Strategic Fund (Offshore), L.P. ("Steel Partners") today announced that it has released a presentation in response to the claims made by the Board of Directors (the "Board") of Sapporo Holdings Limited (TSE: 2501) ("Sapporo" or the "Company") on March 5, 2010.

The Steel Partners presentation (the "Shareholder Presentation"), released on March 12, 2010, further supports the assertion that Sapporo's current Board has a history of revising performance targets so that they could be more easily achieved. Steel Partners noted in the Shareholder Presentation that "Current management is sacrificing future sales and profits to achieve unrealistic targets, while operational efficiency has not improved ..." and that "Management must be held accountable for these downward revisions and its failure to achieve its business plan." The Shareholder Presentation also includes additional information to rebut claims by Sapporo's current Board that Sapporo can succeed under their stewardship.

The Shareholder Presentation is available on the Steel Partners website at http://spjsf.weblogs.jp/en/, which also includes various other presentation materials and additional information that are available to the public.

Steel Partners is seeking the support of Sapporo shareholders for Steel Partners' six director-nominees (the "Shareholder Nominees") and four incumbent directors (the "Independent Nominees") whom Steel Partners supports for re-election to the Board at the upcoming annual general meeting of shareholders on March 30, 2010. In a letter to Sapporo shareholders included in its proxy solicitation materials, Steel Partners previously stated, "We believe that electing the Shareholder Nominees and the Independent Nominees will maintain continuity on the Board while also bringing about the leadership change necessary to revitalize Sapporo, to refresh Sapporo's leadership and to increase Sapporo's long-term corporate value."

Steel Partners is the largest shareholder of Sapporo, owning, together with its joint holder, approximately 18% of the Company's outstanding shares and has been the Company's largest shareholder since June 2004.

About SPJSF

Steel Partners Japan Strategic Fund (Offshore), L.P. is a long-term relationship/active value investor that seeks to work with the management of its portfolio companies to increase corporate value for all stakeholders and shareholders.

    Source: Steel Partners Japan Strategic Fund (Offshore), L.P.

The Enhanced Datacard(R) MPR5800(TM) Inline Card Production and Personalization System Delivers Unprecedented Speed Capabilities with Two New Configurations

HONG KONG--(BUSINESS WIRE)-- At CARTES in Asia, Datacard Group, the world leader in secure ID and card personalization solutions, introduces advanced financial and telecom configurations for the Datacard(R) MPR5800(TM) inline card production and personalization system.

With a new telecom configuration, GSM card issuers and service bureaus are capable of running at speeds of up to 10,000 cards per hour which allows a single system to personalize up to 5 million SIM cards per month. The high volume telecom market demands that SIM card issuers keep their cost-per-card as low as possible. The enhanced MPR5800 system helps meet this challenge by practically eliminating supplies expenses, while generating throughput similar to shops running multiple machines.

For financial applications, the new MPR5800 system configuration meets traditional card requirements and provides the latest laser technology for flat financial card printing running at speeds up to 6,000 cards per hour. Laser technology offers not only fraud prevention but also low cost per card. Card issuers do not need additional consumables for personalization thus they save a lot of production cost. Personal information is engraved into the surface of cards that is tamper-proof once it has been issued.

"The new MPR5800 system offers fast and cost-effective production based on a proven platform with advanced single-pass technologies," said Michael Langner, director of marketing & business development, card production systems at Datacard Group. "Customers can be assured that the improvements we have made will not only help them increase productivity, but will also help them minimize downtime."

The company also announced that users of existing MPR5000 and MPR5800 systems can benefit from productivity improvements. Field upgrades will be made available that will allow these systems to reach speeds of up to 8,000 cards per hour.

Datacard Group will be exhibiting at CARTES in Asia on stand number 3C13, AsiaWorld Expo, Hong Kong from March 17th to 18th.

About Datacard Group

Datacard Group is building on a 40-year heritage of innovation and customer success. Our portfolio of solutions, backed by expert service and support, enable card and secure ID programs for financial, government and other markets worldwide. With an unmatched commitment to customer satisfaction, Datacard remains the industry's leading brand of secure ID and card personalization solutions. www.datacard.com

    Source: Datacard Group

CALGARY, ALBERTA--(Marketwire - March 14, 2010) - Xtreme Coil Drilling Corp. (TSX: XDC) ("Xtreme Coil", the "Company") announces entry into the Middle East following the award of a long-term contract for two XTC 200DTR(PLUS) drilling rigs to operate in the Kingdom of Saudi Arabia ("Saudi Arabia").

Operations Start-up in Saudi Arabia

Christensen Saudi Arabia Limited, an affiliate of Baker Hughes Incorporated, awarded the two-year contract to Xtreme (Luxembourg) S.A., a wholly-owned subsidiary of Xtreme Coil. It is expected that, on or before March 31, 2010, Xtreme Coil Drilling Saudi Arabia Limited, a newly created joint venture owned 80 percent by Xtreme (Luxembourg) S.A. and 20 percent by Shoaibi Group, will be assigned this contract after the remainder of the joint venture details are finalized.

The long-term contract requires two fit-for-purpose drilling rigs to perform under balanced coiled tubing drilling on re-entry wells in the natural gas fields located in southern Saudi Arabia. The parties expect the first of the two rigs under contract to commence drilling early 2010 2Q. The two-rig contract has an option for an extension of one year as well as the potential to increase the number of rigs deployed.

Xtreme Coil has been advised the project involves re-entering existing wells and drilling horizontally into untapped reservoirs which are critical to overall reserves recovery. The target wells are deep and technically challenging, have multi-lateral well profiles and require under balanced drilling.

President of Baker Hughes Integrated Operations, Russell M. McNicoll, commented, "Baker Hughes is extremely pleased to work with Xtreme Coil to deliver a fully integrated suite of drilling services utilizing the technology of the XTC 200DTR(PLUS) series rigs. Together, we anticipate delivering a value-adding service to our coiled tubing drilling re-entry project."

Faisal Al Shoaibi, Shoaibi Group director, added, "Our group has been working on the contract negotiations with Xtreme Coil for some time now and the contract award is yet further evidence of our ability to introduce proven innovative technology to the MENA ("Middle East and Northern Africa") region."

Rod Uchytil, Xtreme Coil's president and chief executive officer noted, "We customized Xtreme Coil's most recent drilling rig design, the XTC 200DTR(PLUS), specifically for the technical requirements and challenges presented by this project. We believe deployment of our newest rig model represents the potential to initiate a step change in the evolution of this region's re-entry drilling operations. Our technical team looks forward to beginning work on this project and to introducing our new drilling technology to Saudi Arabia."

The first XTC 200DTR(PLUS) drilling rig arrived in Saudi Arabia in December 2009, is almost fully commissioned and is preparing to move to the first location. Customization and modifications to the second rig are in the final stages in Texas. Later in March, Xtreme Coil expects to transport it to Saudi Arabia where it will require customs clearance and further on-site commissioning. The second rig is expected to begin drilling operations toward the end of 2010 2Q.

Activity is underway to establish an Xtreme Coil office in Al Khobar, Saudi Arabia from which we will direct, and plan to expand, operations in the Middle East.

Proprietary Technology

In the course of day-to-day business development activities, Xtreme Coil seeks to protect new technologies and intellectual property developed in-house by undertaking applications for the appropriate patents. During the past year, we have generated several applications resulting from design modifications and customization required to complete the XTC 200DTR(PLUS) re-entry drilling rigs.

Xtreme Coil currently holds fourteen patents related to technologies for drilling with coiled tubing and conventional drill pipe as well as certain rig transportation methods. The patents were issued by: the United States Patent and Trademark office (7), the Canadian Intellectual Property Office (6) and the Eurasian Patent Organization (1). In March 2010, the jurisdiction for Indonesia approved two further Xtreme Coil patent applications and will provide the related patent registration numbers in the coming months. Xtreme Coil has more than 60 patent-related applications in progress in the United States, Canada and other worldwide jurisdictions.

Corporate Profile - Xtreme Coil

Xtreme Coil develops and applies leading-edge patented and patent-related technology and designs to build, transport, and operate new COTD(TM) drilling rigs. In addition to contracts in the United States of America, the United Mexican States and the Kingdom of Saudi Arabia, Xtreme Coil markets proprietary, dual-purpose drilling rigs to existing customers and to other international operating regions. Xtreme Coil drills with larger coil and conventional drill pipe to reach hydrocarbons in deeper horizons. Including the most recent re-entry rig design, the XTC 200DTR(PLUS), Xtreme Coil's fit-for-purpose rigs feature high capacity injectors as well as innovative handling of conventional pipe and coiled tubing, modular transportation systems and operating methods for achieving deeper, faster and safer drilling. Xtreme Coil's common shares trade on the TSX under the symbol "XDC".

Corporate Profile - Shoaibi Group

Founded in 1973 in Saudi Arabia, the Shoaibi Group of companies works with local and international partners, predominately in the oil, gas and petrochemicals industry, to introduce innovative proven technology to the MENA region. The Group comprises over 100 subsidiaries, local and international joint ventures and agency representations in the fields of exploration, production, and support services to the oil and gas industry, as well as oil refining, gas processing chemicals, petrochemicals, maritime services, refined products and distribution. In recognising the need for oil operators to control costs by becoming more efficient in discovery and recovery processes, Shoaibi Group has become a leader in partnering, developing, and investing in cutting edge oil and gas technology companies with the objective of addressing the needs of the MENA region's reservoirs.

Corporate Profile - Baker Hughes

Baker Hughes provides reservoir consulting, drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

Reader Advisory

This news release contains forward-looking statements. More particularly, this news release contains statements concerning the anticipated contracting, marketing, financing, deployment, operation, and utilization of rigs in the Company's current and future fleet of drilling rigs as well as corporate structure changes and processes intended to protect proprietary intellectual property. Although Xtreme Coil believes the expectations reflected in these forward-looking statements are reasonable, readers should not place undue reliance on them because Xtreme Coil can give no assurance they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties.

The forward-looking statements contained in this news release are made as of the date hereof and Xtreme Coil undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Xtreme Coil Drilling Corp.
        Rod Uchytil
        President and Chief Executive Officer
        +1 403 262 9500
        Fax: +1 403 262 9522 (FAX)

        Xtreme Coil Drilling Corp.
        1402, 500 Fourth Avenue SW
        Calgary, Alberta T2P 2V6
        ir@xtremecoil.com
        www.xtremecoildrilling.com

        Shoaibi Group
        Faisal Al Shoaibi, Group Director
        +9663 894 1700 ext 221
        Fax: +9663 895 2597 (FAX)

        Shoaibi Group
        King AbdulAziz St., Al Khobar 31952
        Kingdom of Saudi Arabia
        www.shoaibigroup.com

        Baker Hughes Incorporated
        Gary Flaharty
        Vice President, Investor Relations
        +1 713 439 8039
        Fax: +1 713 439 8440 (FAX)
        gflaharty@bakerhughes.com
        www.bakerhughes.com

Source: Xtreme Coil Drilling Corp.