Press Releases

CALGARY, ALBERTA--(Marketwire - Aug. 21, 2008) - Crew Energy Inc. ("Crew") (TSX: CR) and Gentry Resources Ltd. ("Gentry") (TSX: GNY) are pleased to jointly announce that Gentry received today shareholder and court approvals for the previously announced Plan of Arrangement pursuant to which Crew will acquire all of the issued and outstanding common shares of Gentry on the basis of 0.22 of a common share of Crew for each outstanding common share of Gentry (the "Transaction"). Shareholders of Gentry voted in excess of 87% in favour of the Transaction.

Subject to the satisfaction of customary closing conditions, the Transaction is expected to become effective on August 22, 2008.

Forward Looking Statements

This press release contains forward looking statements and forward looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "estimate", "believe", "forecast" and familiar expressions are intended to identify such forward looking statements. Specifically, this press release contains forward looking statements relating to the anticipated completion of the proposed Transaction and the anticipated timing for completion of the Transaction. Crew and Gentry have provided these anticipated times in reliance on certain assumptions that they believe are reasonable at this time, including the timing and receipt of the necessary approvals and the satisfaction of the conditions to closing of the Transaction. Accordingly, readers should not place undue reliance on the forward looking statements and information contained in this press release concerning the satisfaction of such conditions, approvals or the timing thereof. The forward looking statements and information contained in this press release are made as of the date hereof and Crew and Gentry undertake no obligation to update publicly or revise any forward looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Crew Energy Inc.
        Dale O. Shwed
        President and Chief Executive Officer
        (403) 266-2088

        Crew Energy Inc.
        John G. Leach
        Vice President, Finance & Chief Financial Officer
        (403) 266-2088

        Gentry Resources Ltd.
        Hugh G. Ross
        President and Chief Executive Officer
        (403) 264-6161

        Gentry Resources Ltd.
        Ketan Panchmatia
        VP Finance and Chief Financial Officer
        (403) 264-6161

Source: Gentry Resources Ltd.

GENEVA--(BUSINESS WIRE)--

Acrongenomics, Inc. (OTCBB: AGNM) are pleased to announce that they have signed an agreement dated August 19, 2008 to restructure the relationship with Molecular Vision Limited, which terminates the May 23, 2007 Development Agreement and has resulted in Acrongenomics holding a substantial equity position in Molecular Vision. The parties have agreed to work jointly, using best endeavours, to sign documents by August 29, 2008 which set out more fully the terms of the agreement.

Molecular Vision is developing low cost, point-of-care diagnostic devices which will greatly extend the in-house tools available to the general medical practitioner. The devices are being developed to allow near patient quantitative diagnosis, currently focusing on key areas of high disease burden, including kidney function and cardiovascular disease.

Under the terms of the agreement, Acrongenomics will own more than 25% of Molecular Vision (on an undiluted basis) and becomes its largest single shareholder, in consideration of its substantial contributions to the development of Molecular Vision's technology. In addition Acrongenomics will be entitled to appoint a director to the board of Molecular Vision, subject to remaining a substantial shareholder in the company.

In further consideration of the considerable contribution made by Acrongenomics to the development of the technology and in addition to the above, both companies have agreed that Acrongenomics should be receiving a royalty revenue stream for all products that use Molecular Vision's current intellectual property estate, whether marketed directly by Molecular Vision or indirectly by any major licensee. This will create a stream of revenues for Acrongenomics

Since both companies share the view that it is to their best interest to centralize the commercialization process and keep it under the same umbrella, Acrongenomics' license to exclusive rights to Molecular Vision's technologies in certain fields are now terminated, as well as its obligations under the Development Agreement dated May 23, 2007.

Platon Tzouvalis, President of Acrongenomics said, "This is a great day for our company. This agreement with Molecular Vision is a major milestone for Acrongenomics, since it marks our substantial sharing in everything that this technology has to offer. We are proud of the development of the Molecular Vision technology to date and keen on joining forces under the same corporate roof to take it even further. This will allow Acrongenomics and Molecular Vision to focus on the goals of developing the technology and bringing great products to the market, thus increasing our shareholder value and substantially contributing to the betterment of the healthcare system in general."

About Acrongenomics Inc.

Acrongenomics Inc. is a publicly traded company that focuses on investing in and commercializing novel technology platforms concerning the Life Sciences sector. Acrongenomics brings novel and realistic concepts to market by transforming scientific innovations into tangible, consumer-orientated applications. The company has its headquarters in Geneva, Switzerland.

About Molecular Vision:

Molecular Vision is an Imperial College spin-out company that develops low-cost diagnostic devices for use in the doctor's surgery and in the home. Its proprietary devices combine microfluidic chips with organic-semiconductor light-sources and photodetectors to provide lab-quality diagnostic tests in a miniaturised, easy-to-use, disposable format.

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements. Forward-looking statements in this document include that we will sign more definitive agreements by August 29, 2008; that we will have a revenue stream from the royalty on Molecular Vision products; and that Molecular Vision's technology allows near patient quantitative diagnosis, and that Molecular Vision will bring great products to market; that we will increase shareholder value and contribute to the healthcare system. A number of factors may affect cause those results to differ materially from those indicated. Such factors include our limited operating history, the possibility that we are not able to agree on final documents, Molecular Vision's need for significant capital to finance internal growth as well as strategic acquisitions; its ability to attract and retain key employees and strategic partners; its and our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; the possible unacceptability of Molecular Vision's products by health care authorities and/or practitioners; and other unanticipated future events and conditions. For further information concerning risks and uncertainties that may affect our future results, please review the disclosures contained in our latest filings with the SEC, including our most recent annual report on Form 10-KSB, and subsequent quarterly reports on Form 10-QSB. Other than as required by federal securities laws, we undertake no obligation to publicly update or revise any of our forward-looking statements, whether as a result of changed circumstances, new information, future events, or for any other reason occurring after the date of this news release.

Source: Acrongenomics, Inc.

WASHINGTON, Aug. 21 /PRNewswire-USNewswire/ -- The Republican National Committee (RNC) launched a new Web site today, ObamaRezkoShadyDeal.com.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080519/RNCLOGO)

The Web site will provide users with videos and the latest news pertaining to Barack Obama's lack of judgment and questionable dealings with campaign fundraiser and convicted felon Tony Rezko.

To visit the Web site, click here: http://www.gop.com/ObamaRezkoShadyDeal/

To learn more about Barack Obama, click here: http://www.meetbarackobama.com/

Paid for by the Republican National Committee. Not authorized by any candidate or candidate's committee.

SOURCE Republican National Committee

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 21, 2008) - The following issue(s) will resume trading on the TSXV:

Company:          MEADOW BAY CAPITAL           Meadow Bay Capital
                  CORPORATION                  Corporation
TSXV Symbol:      MAY                          formerly MAY.P
Resumption Time:  August 22, 2008 9:30AM EDT

(x) Please note that IIROC is not able to provide any additional information regarding a specific trading halt or resume. Information is limited to general enquiries only.

FOR FURTHER INFORMATION PLEASE CONTACT:
        IIROC Inquiries
        (604) 647-7008
        Fax: (604) 602-6986 (FAX)
        Email: Surveillancewest@iiroc.ca
        Website: www.iiroc.ca

Source: Investment Industry Regulatory Organization of Canada (IIROC)

NEW YORK, Aug. 21 /PRNewswire-FirstCall/ -- Foot Locker, Inc. (NYSE: FL), the New York-based specialty athletic retailer, today reported financial results for its second quarter ended August 2, 2008.

Second Quarter Results

The Company reported net income of $18 million, or $0.11 per share, for the second quarter ended August 2, 2008 compared with a net loss of $18 million, or $0.12 per share, last year. Second quarter sales increased 1.5 percent, to $1,302 million this year compared with sales of $1,283 million for the corresponding prior year period. Second quarter comparable-store sales decreased 0.5 percent.

"Our second quarter earnings were at the high end of our expectations due primarily to lower than anticipated markdowns. As a result, our gross margin rate was 420 basis points favorable to the second quarter of last year and in line with our historic gross margin rates for the second fiscal quarter," stated Matthew D. Serra, Foot Locker, Inc.'s Chairman and Chief Executive Officer. "Our gross margin rate in the second quarter of last year was affected negatively by a strategic decision to accelerate the clearance of slow-selling merchandise."

Year-to-Date Results

Net income for the Company's first six months of the year was $21 million, or $0.13 per share, and includes store closing expenses of $3 million, after-tax, or $0.02 per share, and a non-cash impairment charge of $15 million, after-tax, or $0.10 per share. For comparison purposes, year-to-date net income in 2008, before the store closing expenses and impairment charge, was $39 million, or $0.25 per share. For the first six months of 2007, the Company had a net loss of $1 million, or $0.01 per share.

Year-to-date sales increased 0.5 percent to $2,611 million compared with sales of $2,599 million last year. Comparable-store sales decreased 1.7 percent.

Financial Position

At August 2, 2008, the Company's cash and short-term investments totaled $431 million while the debt on its balance sheet was $125 million. The Company's cash position, net of debt, was $173 million higher than the same time last year. During the second quarter the Company repaid the remaining $88 million of its bank term debt in advance of final maturity.

In line with a strategic initiative designed to improve inventory management, the Company's merchandise inventory at the end of the second quarter was 3.5 percent lower than at the end of the second quarter last year. On a constant currency basis, merchandise inventory was 5.4 percent below last year. At the Company's combined U.S. store businesses, merchandise inventory has been reduced by approximately 10 percent versus the level two years ago.

Store Base Update

During the first six months of the year, the Company opened 40 new stores, remodeled/relocated 162 stores and closed 97 stores. At August 2, 2008, the Company operated 3,728 stores in 21 countries in North America, Europe and Australia. In addition, 14 franchised stores were operating in the Middle East and South Korea.

Mr. Serra continued, "While we are encouraged with our financial results for the second quarter and first half of this year, we are being cautious in how we manage our business for the balance of the year given the uncertain economic environment in which we operate, particularly as it relates to consumer spending. We currently expect our net income for the full year, excluding the $0.10 per share impairment charge recorded during our first fiscal quarter, to be in a range of $0.70 to $0.85 per share."

The Company is hosting a live conference call at 9:00 a.m. (ET) on Friday, August 22, 2008 to discuss these results. This conference call may be accessed live from the Investor Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com. The conference call will be available for webcast replay until 5:00 p.m. on Friday, August 29, 2008.

Disclosure Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, which address activities, events or developments that the Company expects or anticipates will or may occur in the future, including, but not limited to, such things as future capital expenditures, expansion, strategic plans, dividend payments, stock repurchases, growth of the Company's business and operations, including future cash flows, revenues and earnings, and other such matters are forward-looking statements. These forward-looking statements are based on many assumptions and factors detailed in the Company's filings with the Securities and Exchange Commission, including the effects of currency fluctuations, customer demand, fashion trends, competitive market forces, uncertainties related to the effect of competitive products and pricing, customer acceptance of the Company's merchandise mix and retail locations, the Company's reliance on a few key vendors for a majority of its merchandise purchases (including a significant portion from one key vendor), unseasonable weather, economic conditions worldwide, any changes in business, political and economic conditions due to the threat of future terrorist activities in the United States or in other parts of the world and related U.S. military action overseas, the ability of the Company to execute its business plans effectively with regard to each of its business units, risks associated with foreign global sourcing, including political instability, changes in import regulations, and disruptions to transportation services and distribution. Any changes in such assumptions or factors could produce significantly different results. The Company undertakes no obligation to update forward-looking statements, whether as a result of new information, future events, or otherwise.

                              FOOT LOCKER, INC.
               Condensed Consolidated Statements of Operations
                                 (unaudited)
               Periods ended August 2, 2008 and August 4, 2007
                   (In millions, except per share amounts)

                                                     Second          Second
                                                     Quarter         Quarter
                                                       2008            2007

    Sales                                             $1,302          $1,283

    Cost of sales                                        941             981
    Selling, general and administrative expenses         299             286
    Depreciation and amortization                         33              44
    Store closing costs                                    1              --
    Interest expense, net                                  2              --
    Other (income) expense                                (2)              1
                                                       1,274           1,312
    Income (loss) before income taxes                     28             (29)
    Income tax expense (benefit)                          10             (11)
    Net income (loss)                                    $18            $(18)

    Diluted EPS:
    Net income (loss)                                  $0.11          $(0.12)

    Weighted-average diluted shares outstanding        155.4           154.0



                                                   Year-To-Date   Year-To-Date
                                                       2008            2007

    Sales                                             $2,611          $2,599

    Cost of sales                                      1,884           1,937
    Selling, general and administrative expenses         598             576
    Depreciation and amortization                         65              87
    Impairment charge                                     15              --
    Store closing costs                                    5              --
    Interest expense, net                                  3              --
    Other (income) expense                                (2)              1
                                                       2,568           2,601
    Income (loss) before income taxes                     43              (2)
    Income tax expense (benefit)                          22              (1)
    Net income (loss)                                    $21             $(1)

    Diluted EPS:
    Net income (loss)                                  $0.13          $(0.01)

    Weighted-average diluted shares outstanding        155.2           154.4

 Reconciliation of Net Income from a GAAP-reported basis to a non-GAAP basis

                                 (unaudited)
               Periods ended August 2, 2008 and August 4, 2007
                   (In millions, except per share amounts)

                                                       Second          Second
                                                       Quarter         Quarter
                                                        2008            2007

    Net income - GAAP basis                              $18            $(18)
    Additions:
     Impairment charge                                   ---             ---
     Store closing costs                                 ---             ---

    Net income - non-GAAP basis                          $18            $(18)

    Net income per share - GAAP basis                  $0.11          $(0.12)
    Additions:
     Impairment charge                                   ---             ---
     Store closing costs                                 ---             ---

    Net income per share - non-GAAP basis              $0.11          $(0.12)


                                                   Year-To-Date   Year-To-Date
                                                       2008           2007

    Net income - GAAP basis                             $21           $(1)
    Additions:
     Impairment charge                                   15           ---
     Store closing costs                                  3           ---

    Net income - non-GAAP basis                         $39           $(1)

    Net income per share - GAAP basis                 $0.13        $(0.01)
    Additions:
     Impairment charge                                 0.10           ---
     Store closing costs                               0.02           ---

    Net income per share - non-GAAP basis             $0.25        $(0.01)



                              FOOT LOCKER, INC.
                    Condensed Consolidated Balance Sheets
                                 (unaudited)
                                (In millions)

                                                August 2,       August 4,
                                                  2008            2007
    Assets

    CURRENT ASSETS
    Cash, cash equivalents and
     short-term investments                        $431            $363
    Merchandise inventories                       1,401           1,452
    Other current assets                            250             290
                                                  2,082           2,105

    Property and equipment, net                     529             648
    Deferred tax assets                             247             134
    Other assets                                    413             453
                                                  3,271          $3,340

    Liabilities and Shareholders' Equity

    CURRENT LIABILITIES
    Accounts payable                               $363            $368
    Accrued and other liabilities                   266             254
    Current portion of long-term debt and
     obligations under capital leases                --              14
                                                    629             636

    Long-term debt and obligations
     under capital leases                           125             216
    Other liabilities                               257             245
    SHAREHOLDERS' EQUITY                          2,260           2,243
                                                 $3,271          $3,340



                              FOOT LOCKER, INC.
                      Store and Estimated Square Footage
                                 (unaudited)
                        (Square footage in thousands)

                              August 2,       August 4,      July 29,
                                2008            2007           2006
    Foot Locker U.S.
     Number of stores           1,245          1,321           1,363
     Gross square footage       5,074          5,344           5,501
     Selling square footage     3,030          3,162           3,241

    Footaction
     Number of stores             343            373             365
     Gross square footage       1,600          1,735           1,721
     Selling square footage       993          1,066           1,063

    Lady Foot Locker
     Number of stores             518            546             550
     Gross square footage       1,148          1,217           1,229
     Selling square footage       654            689             693

    Kids Foot Locker
     Number of stores             312            331             325
     Gross square footage         756            801             789
     Selling square footage       448            476             470

    Champs Sports
     Number of stores             573            575             559
     Gross square footage       3,096          3,127           3,063
     Selling square footage     2,081          2,123           2,105

    Footquarters
     Number of stores              --             32              --
     Gross square footage          --            188              --
     Selling square footage        --            169              --

    Foot Locker International
     Number of stores             737            727             732
     Gross square footage       2,147          2,108           2,099
     Selling square footage     1,097          1,080           1,093

    Total Stores Operated
     Number of stores           3,728          3,905           3,894
     Gross square footage      13,821         14,520          14,402
     Selling square footage     8,303          8,765           8,665

    Total Franchised Stores
     Number of stores              14              7              --
     Gross square footage          54             20              --
     Selling square footage        36             14              --

SOURCE Foot Locker, Inc.