MONTREAL, QUEBEC--(Marketwire - Nov. 11, 2009) - Freewest Resources Canada Inc. (TSX VENTURE: FWR) announces that it has entered into a Confidentiality and Exclusivity Agreement with a third party. The agreement provides, in effect, that subject to certain exceptions, Freewest will negotiate with the third party on an exclusive basis until December 1, 2009.
Freewest and its financial and legal advisors have been working with the third party and its advisors to determine whether they can agree on mutually-acceptable transaction terms, and have discussed confidential non-binding terms of a potential transaction. These discussions are ongoing.
The Confidentiality and Exclusivity Agreement follows the unsolicited all-share offer made on October 13, 2009 by Noront Resources Ltd. for the outstanding shares of Freewest. Freewest can give no assurances that it will enter into a definitive agreement with the third party or that a transaction with the third party will ultimately be completed.
In addition, further to its press release of November 5, 2009, Freewest wishes to clarify that work on an independent mineral resource estimate on the Black Thor occurrence, to be prepared in compliance with National Instrument 43-101, has not yet commenced. Freewest expects that the mineral resource estimate will be completed by the end of 2009.
Freewest is a well-financed mineral exploration company. It is actively exploring for gold, base-metals and chromite within eastern Canada. Corporate information can be accessed on the Internet at www.freewest.com. Freewest's shares are listed on Tier 1 of the TSX Venture Exchange under the symbol FWR.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Freewest Resources Canada Inc.
Mackenzie I. Watson
President and CEO
(514) 878-3551 or 1-888-878-3551
Fax: (514) 878-4427 (FAX)
info@freewest.com
www.freewest.com
Bay Street Connect
Michael D'Amico
Investor Relations
(647) 500-6023
AGORACOM Investor Relations
FWR@Agoracom.com
http://agoracom.com/ir/freewest
Source: Freewest Resources Canada Inc.
Division Includes a Total Solutions Group to Unite SANYO's Product Categories, Providing Additional Value to Customers
PHOENIX--(BUSINESS WIRE)-- SANYO North America Corporation (SANYO), as a "leading company for energy and environment," a subsidiary of and the North American regional headquarters of SANYO Electric Co., Ltd., announced during the 2009 Greenbuild International Conference and Expo that it is accelerating its "Biomedical & Environmental Solutions" business through a specialty group, designed to provide total solutions packages for a variety of building and lifestyle applications. This includes energy and environmental solutions that boost Leadership in Energy and Environmental Design (LEED) ratings, a green building rating system.
"SANYO continues to be a leading provider of products, technologies and solutions that are mindful of the environment, energy conservation, as well as the lifestyle needs of today's businesses and consumers," said Toshiaki Inoue, President of the Biomedical & Environmental Solutions Division. "Our division enables SANYO to combine its innovative energy and environmental products into an integrated solutions package that will add value to our customers by meeting the diverse needs of all types of facilities and applications across the commercial, municipal, government, residential, college/university, and private sectors."
The available solutions that are represented within the total solutions group include energy and environment solutions, such as HIT(R) Power and HIT(R) Double solar panels for photovoltaic power generation systems, 'eneloop' rechargeable batteries and accessories, as well as the possibility of utilizing SANYO's biomedical, HVAC and electronic device solutions.
-- HIT(R) solar panels and photovoltaic systems: Used in all types of
building applications, SANYO's HIT(R) Solar Cells (HIT(R) stands for
Heterojunction with Intrinsic Thin-layer) are capable of the world's
highest power generation per installed square area. In May 2009, SANYO
broke the world record with a 23% conversion efficiency ratio at the
research-level for practical-sized solar cells. Key features include
high conversion efficiency, up to 19.7% from the production line,
excellent temperature characteristics, and considerable output under
diffuse and low light conditions. SANYO's HIT(R) solar products include
the HIT(R) Power and HIT(R) Double bi-facial solar panels.
*Evaluation results provided by the National Institute of Advanced
Industrial Science and Technology (AIST), an energy conversion
efficiency public certification body
-- eneloop Rechargeable Batteries:SANYO's eneloop battery combines the
benefits of dry cell batteries by coming pre-charged with the economic
and environmental benefits of rechargeable batteries that can be
recharged approximately 1,000 times, and even keeping up to 85% of its
charge after one year of non-use. SANYO proposes creating a new
"lifestyle that values reusing and recycling," contrary to the popular
"use and throw away" lifestyle. Additionally, SANYO offers a universe of
eneloop rechargeable battery accessories, including its new eneloop
bike, a pedal-assist regenerative bicycle, eneloop portable warmers, as
well as its eneloop mobile and standard battery charger units.
-- Biomedical Solutions:For over thirty years, SANYO has established a
reputation as a premier manufacturer of precision biomedical and
laboratory equipment. The complete line of SANYO biomedical products
includes an array of laboratory equipment with the most advanced
technology, controls, construction, and performance attributes in the
industry. Today SANYO applies the most sophisticated refrigeration
compressor design and state-of-the-art electronics to ultra-low and
cryogenic freezers, refrigerators, incubators, and environmental
chambers used within the life science, pharmaceutical, biotechnology,
healthcare, and industrial laboratory sectors.
-- Energy-efficient cooling and heating solutions:SANYO wall mounted air
conditioners and heat pumps offer the utmost in versatility. By
utilizing R-410a refrigerant, a more environment-conscious refrigerant,
and DC Inverter technology, the SANYO air conditioner or heat pump
automatically adjusts its performance to meet the changing needs of the
space while maintaining the desired temperature. This leads to increased
efficiencies, lower energy consumption and a very comfortable
environment.
-- Green electronic devices for businesses and consumers:A variety of
energy-efficient electronic devices for individuals and businesses, such
as high definition digital cameras including high definition security
surveillance cameras, projectors, televisions, and more.
For additional information about SANYO's leading energy and environmental products and solutions, please visit: http://us.sanyo.com.
About SANYO
SANYO Electric Co., Ltd. is a global, multi-billion dollar leading company for energy and environment, providing solutions for environment, energy and lifestyle applications based on its brand vision "Think GAIA". SANYO North America Corporation, a subsidiary of SANYO Electric, markets and sells energy-and environment-related products in North America, including a variety of commercial and consumer solutions such as rechargeable batteries, digital imaging devices, biomedical and health-related equipment, HVAC equipment, home appliances, etc.
For further information on SANYO, please visit http://us.sanyo.com.
Source: SANYO North America Corporation
City's New Property to Remain Open Space
GLENDALE, Calif.--(BUSINESS WIRE)-- Glendale area residents will be able to enjoy the pristine experience of 18.4 acres of hillside woodlands in the community's desirable Whiting Woods area while nearby, the Burbank-based Gangi Development Company will receive 2.16 acres of surplus land earmarked for productive multi-family residential use following the announcement of a creative land exchange between the City and Gangi Development Company.
In a joint announcement, the City and Gangi reported that through the land swap, which completes a lengthy process, the City acquires undeveloped property southeast of Pennsylvania Avenue at the terminus of Deerpass Road. The woodland property provides dramatic panoramas of the Crescenta Valley.
Concurrently, Gangi Development Co., a long-time area developer, receives ownership of a much smaller but developable multi-family residentially-zoned parcel on Pennsylvania Avenue just north of the 210 Freeway. The surplus land on Pennsylvania Avenue was acquired by the City of Glendale from Cal Trans following construction of the freeway and has been dormant since. Gangi had previously received approval from the City on the remaining 2.89 acres at the Deerpass Road site for two parcels for two single family homes.
"The City and Gangi Development have come together in a creative manner to settle an earlier law suit that benefits both parties. The ridge top Whiting Woods property the City acquires will be preserved in perpetuity as open space for the enjoyment of the people of Glendale. Meanwhile, the exchange enables Gangi to use the surplus land located in a residential area for positive, productive housing that can generate property tax revenue for the city," said Scott Howard, city attorney. "Between 1998 to the present, the City has acquired approximately 585 acres to open space. The new acquisition of 18.4 acres represents a valuable enhancement to the open space character of the community," he added.
Noting that the property may be approved by the City for up to 23 condominium units, Robert Gangi, vice president of Gangi Development, who worked closely with City officials on the exchange, said:
"We commend the City for its cooperation and creativity in making this exchange possible for the benefit of the community. The transaction is a win-win proposal for both parties as well as the residents of the Whiting Woods area who will see this beautiful open space preserved. While we are receiving a much smaller parcel, it's property that can provide much needed housing for the area."
Gangi added that his company is exploring various options for development of the Pennsylvania Avenue property, including affordable housing. He emphasized that any plan it settles on will have to go through the traditional planning approval process.
About Gangi Development
Serving Southern California since 1947, Gangi Development is a third generation family run enterprise that applies professional principles throughout the design, build and manage phases of projects ranging in scope from custom homes to entire communities. Among its outstanding projects are Media Village, a mixed use development in Burbank which includes 146 units of senior housing, 60,000 sq. ft. of retail and office space, plus 500 subterranean parking spaces, and the multiple award-winning Water + Life Museum, the first LEED Platinum museum in the world for which Gangi provided design and build services.
Source: Gangi Development Company
LOS ANGELES, Nov. 11 /PRNewswire/ -- Network Automation, Inc., the leader in automation software, today announced it has received two key honors in Redmond magazine's coveted 2009 Readers' Choice awards. The company's BPA (Business Process Automation) product, AutoMate 7, has bested 13 competing products to win the "Best Scripting Tool" award in the Systems Administration category. Network Automation's BPA Server product, AutoMate BPA Server 7, rated 9.6 out of a possible 10 in a detailed software review and was also named third-place winner in the "Best Network Automation and Batch-Processing Tool" category, competing against 19 other products.
Redmond magazine is the independent, authoritative voice of the Microsoft IT community. Its mission is to provide behind-the-scenes insight into Microsoft and the Windows operating platform, giving IT executives the information they need to make better-informed decisions about their IT infrastructure. The Readers' Choice awards is the annual forum for Redmond subscribers to voice their opinions about the best Microsoft and non-Microsoft products in a host of categories. Over 1,000 readers completed surveys in 2009 that determined this year's Readers' Choice winners.
"Redmond magazine is known as one of the most influential sources of news and information regarding Windows IT technologies. Their readers are deeply engaged in issues related to business and IT process automation," said Dustin Snell, founder and CEO of Network Automation. "It's a great honor for our two leading automation products, AutoMate 7 and AutoMate BPA Server 7, to be so highly valued by this informed audience."
Network Automation's AutoMate, currently in version 7, has risen to the top of the automation software marketplace due to its remarkable simplicity and ease-of-use. The application allows users to automate any repetitive computing task--from small jobs on workstations to network-wide "intelligent" processing routines--using a highly intuitive design interface that enables IT professionals to build automation tasks quickly without writing code. AutoMate BPA Server, the server-based version of AutoMate, allows organizations and workers to automate and streamline complex business and IT processes supported by multiple servers and applications.
Its "no code" simplicity means that complex workflows can be created via simple drag-and-drop in a process well suited for collaboration between technical and business users.
In addition to its Readers' Choice recognition, AutoMate BPA Server 7 is a two-time winner of Redmond magazine's MVP (Most Valuable Product) honor, having won in both 2008 and 2009. In its latest review of the product, the magazine cited AutoMate BPA Server 7's "fantastic" AutoMate Task Builder component, saying that "the entire process of creating a task boils down to: drag, drop and fill in the blank." BPA Server 7 is used extensively for job scheduling, batch processing, scripting automation and as a workflow design for both IT Process Automation (ITPA) and Business Process Management (BPM) needs.
About Network Automation:
Network Automation, Inc. is the mid-market leader in automation software that streamlines and integrates business and IT processes. Founded in 2004 and based in Los Angeles, the company provides the only platform that spans all phases of the automation lifecycle, including development, deployment and management. The easy-to-use drag-and-drop development environment enables the automation of business processes regardless of their complexity. More than 15,000 customers worldwide rely on Network Automation's AutoMate(TM) to achieve a swift and dramatic return on investment and substantial reduction in the total cost of the automation lifecycle. Network Automation's customers include NASA, IBM, Kaiser Permanente, Verizon, FedEx and many regional, state and federal government offices. For more information, visit www.networkautomation.com.
SOURCE Network Automation, Inc.
The Kenneth M. Freeman Legacy Exhibition - 'Artist at Work'
The exhibition consists of fifty (50) oil paintings and sculptures that feature working cowboys and cowgirls, rodeo heroes, Native American elders and children, mountain men, Western landscapes, and Buffalo Soldiers.
Keywords: art, exhibition, museum, western+art, cowboy, rodeo, fine+art, Booth+Museum, Smithsonian
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- The Booth Western Art Museum, an Affiliate of the Smithsonian Institution, premieres the Kenneth M. Freeman Legacy Exhibition - 'Artist at Work' on January 16, 2010. The exhibition consists of fifty (50) oil paintings and sculptures that feature working cowboys and cowgirls, rodeo heroes, Native American elders and children, mountain men, Western landscapes, Buffalo Soldiers and more. The exhibition also highlights a number of educational exhibits that include a re-creation of Ken Freeman's studio complete with easel and artifacts, a section on Ken Freeman, the illustrator, showcasing a display of book covers and posters including 'Fallon' by Louis L'Amour, and a special section on the Buffalo Soldiers (http://www.9thcavalry.com).
The Kenneth M. Freeman Legacy Exhibition scheduled opening on the Martin Luther King weekend celebration holds special significance with the Buffalo Soldiers display.
"During the late 1800s and early 1900s, the Buffalo Soldiers were assigned to the harshest and most desolate posts. The Buffalo Soldiers fought the Indian Wars of the American West and established frontier outposts which have since become towns," explained Bonnie Adams-Freeman, curator of the Kenneth M. Freeman Legacy. "Ken was an honorary Captain in the 9th Calvary Buffalo Soldiers and his paintings and sculpture of the Buffalo Soldiers are compelling works."
Included in the Buffalo Soldiers Exhibit are a regiment flag, Ken's uniform, photographs, pencil sketches, underpaintings, artifacts, finished paintings and sculpture.
"The Kenneth Freeman Legacy Exhibition represents a true working artist," said Seth Hopkins, executive director of the Booth Western Art Museum. "The exhibition shows the artist at work ... as an illustrator, sculptor, and painter. The Booth Museum has two of Ken's paintings in our permanent collection."
"This will also be the first temporary exhibition at the Booth Museum since the opening of our new 40,000 sq. ft. expansion, completed in October 2009," added Hopkins. "We now house the largest permanent exhibition space for Western art in the country. We say: You don't have to leave the South to visit the West."
Included in the exhibition will be an area focusing on Ken's artistic technique.
"Ken sketched on the canvas or board with pencil and then did a full value, burnt umber painting where he worked out all the values. When the burnt umber was dry, he laid down the color," added Adams-Freeman. "This was the style of the old masters and members of the press dubbed Ken Freeman The Rembrandt of the Rodeo."
Ken was a graduate of the American Academy of Art in Chicago (www.aaart.edu). He began taking classes at the American Academy of Art in the summer of 1950 at the age of 15. He won a scholarship to the school from the Latham Foundation. He studied with renowned artist Haddon Sundblom.
"He was a man you could never forget. His enthusiasm for life and art was contagious. Of all the artists from the Academy I've met over the years, Ken really stood out as one of a kind," said Aron Gagliardo of the American Academy of Art.
About Kenneth M. Freeman
Accolades include winning the Salmagundi Show in New York City, the Union League Club of Chicago, being chosen five times as artist for the Parada del Sol Rodeo in Scottsdale, AZ and having a painting selected for the 1988 Prescott Centennial Rodeo. That particular painting was also used as the inside cover of Arizona Highways Magazine. Ken was also famous for painting original art for the Hashknife Pony Express ride three years running from which posters have been made and sold in the post offices. Senator Jon Kyl of Arizona chose two of these posters for display in the Library of Congress in the American Legacy Project.
Ken was known affectionately as "Rembrandt of the Rodeo" by members of the press. First Lady Barbara Bush, impressed with Ken Freeman's southwestern art, invited him to show at the Smithsonian Institute in conjunction with the Native American Museum Extravaganza. Ken also had a one man show in 2007 in Milan, Italy. In addition to creating book covers for Louis L'Amour (http://www.louislamour.com), Will James (http://www.willjames.org) and other western authors, Freeman produced original art for Hamilton Collectibles, a ten plate series called Proud Indian Families. His notable portraits included President Herbert Hoover, John Wayne, Robert Fuller, Sherwin Wasserman, Senator Lister Hill, Ray Herndon, John Smith and Waylon Jennings.
Website: www.KennethMFreeman.com has streaming HD video interviews with Robert Fuller, Rex Allen Jr., Ray Herndon, and Sergeant Major Bill McCurtis of the Buffalo Soldiers.
Exhibition Dates for the Kenneth M. Freeman Legacy Exhibition - 'Artist at Work'
-- January 16, 2010 - May 2, 2010: The Booth Western Art Museum, Cartersville, GA
-- June 26, 2010 - October 24, 2010: Phippen Museum, Prescott, AZ
-- Corporate Sponsorship Opportunities Available. Email: Doug@DMProductionsLLC.com
ONLINE RESOURCES: High resolution images are available online in a WinZip file:
http://www.KennethMFreeman.com/freeman_downloads.zip
Images include Tough Draw (the title image of the exhibition), Cookie Lady, Little Princess, Sergeant Major Bill, The Hand-Off and Young Pow Wow Dancer as well as images of Ken Freeman.
About The Booth Western Art Museum
(HighRes Image: http://www.boothmuseum.org/images/Back%20entrance_highres.pdf)
For more information on the Kenneth M. Freeman Legacy Exhibition - 'Artist at Work,' call Seth Hopkins, Executive Director of the Booth Museum at 770-387-1300 or visit www.boothmuseum.org. The Booth Western Art Museum is a 120,000 square foot museum where guests are invited to explore the American West through contemporary Western artwork. The Museum also houses a Presidential Gallery, Civil War art gallery, and Sagebrush Ranch children's gallery.
The Booth Western Art Museum Permanent Collection: Kenneth M. Freeman
Shootout at Tombstone He Rides Shotgun http://tinyurl.com/yal63jo http://tinyurl.com/yfezley
Source: Kenneth M. Freeman Legacy, LLC
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