latest news releases from the newsroom
Magnitude Information Systems, Inc.
Magnitude Licenses Its Ergonomic Software
BRANCHBURG, N.J., April 11, 2007 (PRIME NEWSWIRE) -- Magnitude Information Systems, Inc. ("Magnitude") (OTCBB:MAGY) announced today that it has entered into an agreement with Imminent Technologies, LLC. ("IMT") that will outsource Magnitude's current line of ergonomic products and services. Under this agreement, Imminent Technologies, LLC. will be responsible for supporting Magnitude's current installation base, and will market Magnitude's line of ergonomic products, returning to Magnitude a royalty after reaching certain agreed upon revenue thresholds. Magnitude will retain its patented keystroke algorithm based technology, and will continue to seek licensing partners in the areas of Fraud Detection, Office Productivity and Spyware, among other markets.
Crew Gold Corporation
Crew Gold Announces Notification of Trade
LONDON, April 11, 2007 (PRIME NEWSWIRE) -- Crew Gold Corporation ("Crew" or the "Company") (Other OTC:CRUGF) (TSE:CRU) (OSE:CRU) (Frankfurt:KNC) today announced that on April 10, 2007, Cameron Belsher sold 42,300 common shares at a price of $2.85 per share.
Seadrill Secures Employment for Jack-Up in Vietnam
HAMILTON, Norway, April 11, 2007 (PRIME NEWSWIRE) -- Seadrill has secured a letter of award with Vietsovpetro for an assignment in Vietnam with the jack-up drilling rig West Larissa. The six well assignment has estimated duration of 360 days with corresponding contract value of approximately US$66 million. Start-up of operations is scheduled in direct continuation of the rig's current commitments. West Larissa is currently operating offshore Indonesia.