Mercator Minerals Announces Annual General Meeting May 24, 2013 11:07PM

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2013) - Mercator Minerals Ltd (TSX:ML) ("Mercator" or the "Company") confirms that it has scheduled its next Annual General Meeting ("AGM") of shareholders to be held at 10:00am (Pacific) June 24, 2013 at the Rosewood Hotel Georgia at 801 Georgia Street, Vancouver, BC, Canada. The Company anticipates mailing to shareholders and filing on SEDAR the Notice of Meeting, Information Circular and Form of Proxy and Voting Instruction Form next week. Such materials will state the Company's intention to do the following at the AGM: (i) propose that the number of directors be set at eight; (ii) nominate the eight existing directors for re-election; (iii) propose the re-appointment of KPMG LLP as auditor of the Company; and (iv) propose the ratification of the Company's Advance Notice Policy.

In addition, the Company has received notifications from James R. Tompkins of his intention to nominate two persons for election as directors at the AGM. The Company received an initial notification on May 23, 2013, in which Mr. Tompkins expressed his intention to nominate Michael L. Surratt, a former President, Chief Executive Officer and Director (1998 to 2011) and current consultant to the Company as well as Michael D. Lindeman (described further below). The Company received further correspondence from Mr. Tompkins on May 24, 2013, in which he withdrew the nomination of Mr. Surratt, and a final notification on May 24, 2013, pursuant to which he substituted himself for Mr. Surratt as a proposed nominee. As such, the two persons that Mr. Tompkins has proposed for nomination as directors, and details of such persons, are as follows:

James R. Tompkins


--  Retired
--  Former employee of the Company (2003 to 2007)
--  Owns less than 1% of the common shares outstanding in the Company

Michael D. Lindeman


--  Transportation consultant
--  Former Director (1997 to 2011) and President (1992 to 1993) of the
    Company
--  Owns less than 1% of the common shares outstanding in the Company

About Mercator Minerals Ltd.

Mercator Minerals Ltd., a TSX listed Canadian mining company with one of the fastest growing base metal profiles in its peer group, is a leading copper, molybdenum and silver producer with a diversified portfolio of high quality operations and projects in the USA and Mexico. Mercator provides investors exposure to current copper, molybdenum and silver production from the large tonnage long life Mineral Park Mine in Arizona, as well as mid-term exposure to copper at the El Pilar deposit in the State of Sonora in northern Mexico and longer term exposure of molybdenum and copper through the development of the El Creston deposit also in the State of Sonora in northern Mexico.

On Behalf of the Board of Directors

MERCATOR MINERALS LTD.

D. Bruce McLeod, P.Eng, President and CEO


FOR FURTHER INFORMATION PLEASE CONTACT:
Mercator Minerals Ltd.
Bruce McLeod. P.Eng.
President & CEO
778.330.1290
bmcleod@mercatorminerals.com


Mercator Minerals Ltd.
David Jan, CA
Head of Investor Relations & Communications
778.330.1295
djan@mercatorminerals.com
www.mercatorminerals.com




Source: Mercator Minerals Ltd.


ATK Technologies Support Launch of ULA's Delta IV Rocket Carrying WGS-5 May 24, 2013 10:44PM

ARLINGTON, Va., May 24, 2013 /PRNewswire/ -- ATK (NYSE: ATK) propulsion and composite technologies supported today's successful launch of a United Launch Alliance (ULA) Delta IV rocket from Space Launch Complex 37B at Cape Canaveral Air Force Station, Fla. This rocket carried the Wideband Global SATCOM (WGS-5) into orbit for the U.S. Air Force.

WGS-5 is the fifth satellite delivered by prime contractor Boeing as part of the WGS system that provides flexible, high-capacity communications for the nation's warfighters. WGS provides an order of magnitude increase in military communications bandwidth, providing high data rate and long-haul communications for Marines, soldiers, sailors and airmen worldwide.

"ATK's extensive involvement with this launch is indicative of the company's broad capabilities in the aerospace and space markets," said Blake Larson, president of ATK Aerospace Group. "We are pleased to continue our strong relationships with our customers on this mission."

This was the third time the Delta IV medium-plus rocket featured four ATK 60-inch diameter Graphite Epoxy Motors (GEM-60). The 53-foot-long motors were mounted in pairs on opposing sides of the rocket, with one fixed and one vectorable nozzle per side. They burned for 90 seconds and provided more than 1.1 million pounds of thrust to assist delivery of the WGS-5 satellite to its determined orbit. The composite cases, nose cones and aeroskirts for the GEM motors were fabricated at ATK's Clearfield, Utah, facility. The solid rocket motors were produced at ATK's Magna, Utah, facility. ATK has manufactured 58 GEM-60 boosters for the Delta IV launch vehicle since the initial flight in 2002.

The nozzle for Delta IV's RS-68 engine was designed and manufactured at ATK's Promontory, Utah, facility. The Pratt & Whitney Rocketdyne-built RS-68 is the largest hydrogen-fueled engine in the world. ATK also designed and produced the nozzle's thermal protection material, which is capable of shielding the nozzle from the extreme heat of launch when external temperatures can exceed 4,000 degrees Fahrenheit.

For the Delta IV medium-plus launch vehicle itself, ATK supplied nine key composite structures, including the Interstage that provides the interface between the Common Booster Core and the cryogenic second stage, a Centerbody that integrates the liquid oxygen (LO2) and liquid hydrogen (LH2) tanks, a Thermal Shield that protect the RS-68 engine during ignition and flight, and an LO2 Skirt. Additionally, the payload is encapsulated by a five-meter-diameter composite payload Fairing, along with required hardware for payload integration: Nose Cap, X-Panels, Payload Attach Fitting, and Payload Attach Fitting Diaphragm. The structures are five meters in diameter and range from one to 15 meters in length. They are all produced using advanced hand layup, machining and inspection techniques at ATK's manufacturing facility in Iuka, Miss., with the exception of the X-Panels, which are produced at ATK's facility in Clearfield, Utah.

ATK also provided the propellant tank for the Delta IV upper stage roll control system. The tank was manufactured at ATK's Commerce, Calif., facility.

WGS supports the defense communications system, the U.S. Army's ground mobile forces, the U.S. Air Force's airborne terminals, the U.S. Navy's ships at sea, the White House Communications Agency, the U.S. State Department and other special users.

ATK is an aerospace, defense, and commercial products company with operations in 21 states, Puerto Rico, and internationally. News and information can be found on the Internet at www.atk.com, on Facebook at www.facebook.com/atk, or on Twitter @ATK.

Media Contact:

Investor Contact:

Hillary Searle

Tom Sexton

Phone: 801-657-9627

Phone: 952-351-5597

E-mail: hillary.searle@atk.com

E-mail: thomas.sexton@atk.com

SOURCE ATK


IXYS Schedules Conference Call to Discuss Results of Its Fourth Fiscal Quarter and Fiscal Year Ended March 31, 2013 May 24, 2013 10:30PM

MILPITAS, Calif.--(BUSINESS WIRE)-- IXYS Corporation (NASDAQ: IXYS) today announced that on Wednesday, May 29, 2013, at 2:00 PM, Pacific Time, it will hold a conference call to discuss the results of its fiscal quarter and fiscal year ended March 31, 2013, which will be released on Tuesday, May 28.

On May 29, 2013, interested parties may join the conference call by dialing the number below five to ten minutes before the conference call is scheduled to begin:

Telephone Number: (719) 325-2452Confirmation Code: 9321939

For those unable to join the conference call, there will be a taped replay available beginning at 4:30 PM, Pacific Time on May 29, 2013 that will continue through June 5, 2013 at midnight, Pacific Time. The telephone number for the replay is:

Telephone Number: (719) 457-0820Confirmation Code: 9321939

The additional financial information to be discussed in the conference call can be accessed at www.ixys.com on May 29. Click on the Corporate tab in the ixys.com home page. Click on News and Events and then click on IXYS Corporation Financial Information for the period ended March 31, 2013.

IXYS CorporationUzi Sasson, 408-457-9000President & CFO

Source: IXYS Corporation


IXYS Announces Agreement with Samsung Electronics to Acquire Its 4 and 8 Bit Microcontroller Business May 24, 2013 10:00PM

MILPITAS, Calif. & BIEL, Switzerland--(BUSINESS WIRE)-- IXYS Corporation (NASDAQ: IXYS), an international power semiconductor and IC company, today announced it has executed a definitive agreement with Samsung Electronics to acquire Samsung’s 4-/8-bit microcontroller business for approximately $50 million. As part of the agreement, IXYS will receive nearly 80 products, inventories, intellectual property and other assets exclusively related to the 4-/8-bit business. The acquisition is subject to various customary closing conditions and is expected to be completed within four weeks from the date of signing of the definitive agreement. The net impact is expected to be accretive for IXYS in the fiscal year ending March 31, 2014.

"This acquisition provides increased revenues for our higher gross margin IC business, which includes our wholly-owned subsidiaries, IXYS IC Division and Zilog, a pioneer supplier of microcontrollers," said Dr. Nathan Zommer, Chairman and CEO of IXYS. "We plan to gain market share for our MCU and IC products, and expand our customer base in industrial, medical and consumer applications. The 4-/8-bit products fit with our mixed signal ICs and our power semiconductors, whereby we will be able to offer our customers complete solutions for power management -- from the digital control analog driver ICs to higher power devices. The development of this product portfolio has been a strategic decision as part of our ‘World of IXYS’ marketing and sales initiative.”

“Furthermore, with this agreement we expand our foundry relationship with Samsung. We have been strategic partners with Samsung Electronics for more than 25 years, and are looking forward to expanding this business affiliation. Given that some of these MCUs were based originally on Zilog’s legendary cores, we expect a seamless transition for the customer base and a quick integration within our Zilog MCU lines,” noted Dr. Zommer.

"We have executed a management decision based on the focus on mobile solutions that we are taking in our semiconductor business," said Dr. Ben Suh, Senior Vice President of Samsung Electronics System LSI Strategic Planning team. “We are confident that IXYS will embrace the microcontroller initiatives started by Samsung and continue to generate new products into this important market.”

According to recent research, the 4-/8-bit microcontroller segment is forecast to reach nearly $3.5 billion in 2013, with shipments of MCUs growing to 6.7 billion units. By some estimates, 4-/8-bit MCUs are expected to account for 23% of microcontroller sales in 2017.

Current 4-/8-bit products to be acquired by IXYS include MCUs for remote controllers, ultra-low power MCUs and a series of products for home appliances, consumer electronics and LCD displays. Applications include battery chargers, thermostats, boiler control, microwaves, e-bikes, LED lighting, power meters, blood pressure meters and smoke detectors.

"The products that we are gaining with Samsung’s 4-/8-bit business are complementary to IXYS' current IC/MCU business, and therefore we see positive synergies going forward," said Uzi Sasson, President and CFO for IXYS. "This acquisition provides us with greater critical mass in product volumes, the potential for better financial performance and diversification of revenue, all of which can enhance our global position and growth initiatives in the microcontroller market. In addition to bolstering IXYS’ product portfolio, this transaction highlights the strong cooperative relationship with Samsung. We are excited about our ability to continue working and partnering with the Samsung team.”

About IXYS Corporation

Since its founding in Silicon Valley, IXYS Corporation has been developing technology-driven products to improve energy conversion efficiency, generate clean energy, improve automation, and provide advanced products for the transportation, medical and telecommunications industries. IXYS, with its subsidiaries, is a worldwide pioneer in the development of power semiconductors, solid-state relays, high voltage integrated circuits (HVIC) and microcontrollers that are necessary in conserving energy and in reducing the world’s dependence on fossil fuels.

Diminishing natural resources, demand for renewable energy and environmental directives for energy efficiency represent a significant challenge. IXYS’ power semiconductors and mixed-signal integrated circuits (IC) play a vital role in reducing energy costs and consumption by optimizing the energy efficiency of everyday products. With an end-customer base of over 3,500 telecommunications, transportation, industrial, medical and consumer companies, IXYS is a worldwide recognized provider of advanced semiconductors.

Additional information may be obtained by visiting IXYS’ website at http://www.ixys.com, or by contacting the company directly.

Safe Harbor Statement

The foregoing press release contains forward-looking statements, including those related to the timing of closing, an accretive impact in fiscal 2014, plans for market share and expansion, complete solutions for power management, synergies, financial performance, revenue diversification and enhancements of our global position and growth initiatives. Actual results may vary materially from those contained in the forward-looking statements, due to adverse macro-economic events in Europe, Asia or the United States, changes in customer delivery schedules, the cancellation of orders, an unanticipated decline in our business, increased competition, cash flow difficulties, unanticipated technological hurdles, adverse changes in customer demand, increasing product costs, closing conditions, market acceptance of the acquisition and difficulties in integrating the acquisition, among other things. Further information on other factors that could affect IXYS is detailed and included in reports IXYS filed with the Securities and Exchange Commission including its Form 10-Q for the quarter ended December 31, 2012. IXYS undertakes no obligation to publicly release the results of any revisions to these forward-looking statements.

IXYS CorporationUzi Sasson, 408-457-9000President and CFO

Source: IXYS Corporation


United Launch Alliance Launches Second Successful Mission for U.S. Air Force in Just Nine Days May 24, 2013 09:51PM

CAPE CANAVERAL AIR FORCE STATION, Fla., May 24, 2013 /PRNewswire/ -- A United Launch Alliance (ULA) Delta IV rocket successfully launched the fifth Wideband Global SATCOM (WGS-5) satellite for the U.S. Air Force at 8:27 p.m. EDT today from Space Launch Complex-37. This mission launched just nine days after ULA successfully launched the GPS IIF-4 satellite last Wednesday, May 15.

"United Launch Alliance and our many mission partners continue to focus on mission success, one-launch-at-a-time," said Jim Sponnick, ULA vice president, Mission Operations. "We are honored to work with such a strong industry and government team and deliver another critical communication capability to orbit to support our nation's warfighters throughout the world."

This mission was launched aboard a Delta IV Medium-plus configuration vehicle using a single ULA common booster core powered by a Pratt & Whitney Rocketdyne (PWR) RS-68 main engine, along with four ATK GEM 60 solid rocket motors. The five-meter diameter upper stage was powered by a PWR RL10B-2 engine with the satellite encapsulated in a five-meter diameter composite payload fairing. The WGS-5 launch marked the third flight of the Delta IV medium+ (5,4) configuration and the 22nd flight of the Delta IV family of launch vehicles.

This was the first Delta IV launch following the low engine performance that was identified on the successful Global Positioning System (GPS) IIF-3 launch last October.  Although the GPS IIF-3 spacecraft was accurately placed into the required orbit, ULA, Pratt & Whitney Rocketdyne (PWR) and our U.S. Air Force teammates embarked on an investigation to determine why the upper stage engine performance was lower than expected.  Prior to this mission, rigorous hardware inspections along with vehicle and operational design modifications were implemented to prevent a recurrence of the fuel leak in the RL10 engine that was the direct cause of the low engine performance on the GPS IIF-3 launch.

"The team has worked tremendously hard and exceptionally well to complete a robust investigation and get us to a successful launch today," said Sponnick. "We sincerely thank the PWR team and our customer community for working with us throughout the investigation and flight clearance process, as well as the involvement from senior industry technical advisors."

Wideband Global SATCOM provides anytime, anywhere communication for the warfighter through broadcast, multicast, and point to point connections. WGS is the only military satellite communications system that can support simultaneous X and Ka band communications.

ULA's next launch is the Atlas V MUOS-2 mission for the U.S. Navy scheduled July 19, from Space Launch Complex-41 at Cape Canaveral Air Force Station, Fla.

The EELV program was established by the United States Air Force to provide assured access to space for Department of Defense and other government payloads. The commercially developed EELV Program supports the full range of government mission requirements, while delivering on schedule and providing significant cost savings over the heritage launch systems.  

ULA program management, engineering, test, and mission support functions are headquartered in Denver, Colo.  Manufacturing, assembly and integration operations are located at Decatur, Ala., and Harlingen, Texas. Launch operations are located at Cape Canaveral AFS, Fla., and Vandenberg AFB, Calif.

For more information on ULA, visit the ULA Web site at www.ulalaunch.com, or call the ULA Launch Hotline at 1-877-ULA-4321 (852-4321). Join the conversation at www.facebook.com/ulalaunch and twitter.com/ulalaunch.

SOURCE United Launch Alliance


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