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Business News on December 30, 2011


Agro chemical company Crystal Group acquires Rohini Seeds
To scale up its presence in the inputs segment in agriculture, leading agro-chemicals company Crystal Group has announced a strategic acquisition of Hyderabad-based Rohini Seeds. ANI

Floriculture business blooms UP
Floriculture business in Uttar Pradesh is blooming as farmers in Varanasi work determinedly to keep up with rising demand of flowers during the New Year. ANI

Stewart Jackson, PhD, P.Geo Discusses Potential for Hi Ho Silver Resources' (CNSX:HHS) (Frankfurt:H9T) Royal Attwood Copper-Gold Project in British Columbia - Video Posted on www.InvestmentPitch.com
Vancouver, British Columbia, December 29, 2011 -  Hi Ho Silver Resources' (CNSX:HHS) (Frankfurt:H9T) Stewart Jackson PhD, P.Geo discusses the history of, and potential for, the company's Royal Attwood Project, located in the prolific Greenwood mining district of British Columbia.InvestmentPitch.com has posted this video on InvestmentPitch.com ACN Newswire

Ivanhoe Energy (TSX: IE) (NASDAQ: IVAN) Produces Video Explaining Proprietary Heavy Oil Upgrading Process - Video Posted on www.InvestmentPitch.com
Vancouver, British Columbia, December 29, 2011 -  Ivanhoe Energy (TSX: IE) (NASDAQ: IVAN) is an independent international heavy oil development and production company focused on pursuing long-term growth in its reserves and production using advanced technologies, including its proprietary heavy oil upgrading process (HTLTM) ACN Newswire

Mortgage Rates Stay Steady and Low at the Close of 2011 Says Informa Research Services
According to Informa Research Services, a subsidiary of Informa plc (LSE: INF), the national average rate on traditional 30 year fixed rate mortgages remained unmoved at 4.19% this week; at this time last year, this same figure was 84 basis points higher MarketWire

Tips for Fit Finances in 2012 From Informa Research Services
It's the end of the year and resolutions for 2012 abound MarketWire

Methodist Willowbrook Hospital Unveils Expanded Women's & Children's Pavilion for Growing Families in Northwest Houston Community
Methodist Willowbrook Hospital has expanded its women's and children's services to better meet needs within the rapidly growing Northwest Houston community -- doubling the number of neonatal intensive care beds and opening a high-risk obstetrics unit. MarketWire

Elegant Illusions, Inc. Reports Nov 2011 Same Store and Company Wide Revenues
Elegant Illusions, Inc. (PINKSHEETS: EILL) announced today that same store revenues for Nov 2011 were down approximately 18% from Nov 2010. Company wide revenues were down approximately 23% from total revenues for Nov 2010 while operating two less locations. MarketWire

Intergraph(R) CADWorx(R) & Analysis Solutions Announces ICAS Knowledge Base Advisor Contest
MarketWire

AspenBio Closes $1.6 Million Registered Direct Offering
AspenBio Pharma, Inc. (NASDAQ: APPY), an emerging in vitro diagnostic company, has closed its previously announced registered direct offering for the sale of 1,605,000 shares of its no par value common stock ("Common Stock") at a price of $1.02 per share, generating proceeds of $1.6 million before commissions and expenses MarketWire

Platinum Studios Announces Information for January 3rd Shareholder's Conference Call
Platinum Studios™, Inc. (OTCBB: PDOS) (platinumstudios.com) announced today that management will host a conference call to talk about and give updates on its current activities. MarketWire

North Springs Resources Retains Experienced Geologist
North Springs Resources Corporation (OTCBB: NSRS)(PINKSHEETS: NSRS) (the "Company" or "North Springs") is pleased announce that Thomas Callicrate, a Certified Professional Geologist with over 30 years of mineral exploration experience, has been appointed as the Company's geological technical advisor. MarketWire

Newt Gingrich Gets Personal While Addressing Moms at CafeMom Event in Des Moines
Today Newt Gingrich, surrounded by his wife, daughters and grandchildren, was moved to tears as he recalled memories of his mother in front of 100 moms at a "Coffee Break" hosted by CafeMom, the most visited site for moms in America with more than nine million monthly unique visitors. Collecting himself, Gingrich admitted, "I do policy much easier than I do personal." MarketWire

IGC's Shareholders Approve All Proposals Related to the Acquisition of Ironman
India Globalization Capital, Inc. (NYSE Amex: IGC), a company competing in the rapidly growing materials and infrastructure industry in India and China, announces that a majority of its shareholders approved all proposals related to the acquisition of Ironman MarketWire

Psychiatric Drugs Used for Dementia Patients in Nursing Homes Cause Undue Risk, Says Briskman Briskman & Greenberg
Families with a loved one in a nursing home that has dementia should be vigilant about their care. Government inspectors from the U.S. Department of Health and Human Services (HHS) recently found that dementia residents are often being prescribed strong psychiatric drugs, but for off-label reasons MarketWire

IEC Announces Proxy Amendment
IEC Electronics (NYSE Amex: IEC) announced that it filed an Amended Proxy Statement with the Securities and Exchange Commission today. The Amended Proxy Statement will be mailed to stockholders. MarketWire

Asheville Cabins of Willow Winds Launches New Website and Adds Amenities
Asheville Cabins of Willow Winds recently launched a new website with an easy-to-use online reservation system. The resort continues to add new features and amenities as well as new improvements to the gardens and landscape each year. MarketWire

Apache Announces Joint Venture in Milam County, Texas
Apache Energy, LLC today announced a joint venture with an undisclosed company per the agreement in Milam County, TX on part of its 238 acres to drill six (6) wells to the Navarro "A" Sand formation. Apache commissioned Geologic (a geological engineering company) to evaluate the acreage and its potential MarketWire

Four Connecticut Municipalities Partner With Covanta Energy for Sustainable Waste Management Services
Covanta Energy Corporation announced today four new partnerships with Connecticut municipalities for sustainable waste management services. Newington, East Hartford, Guilford and Madison have all signed contracts for services that will include sustainable waste disposal, recycling and composting MarketWire

Houston Vessel Manufacturing (HVM), Leading Manufacturer to Custom Equipment Providers, Successfully Completes Custom Engineered Assemblies in Record Time
Houston Vessel Manufacturing (HVM), a sister company of Generon IGS and leading manufacturer of pressure vessels, filtration systems, process skids and other high-quality products, completed from approved drawings 144 PED vessels and 96 CE certified Air Lock assemblies in less than ten (10) weeks. MarketWire

Houston Technology and E-Waste Recycling Company, TechnoCycle, Expands to San Antonio
Anticipating client needs and responding to the growing demand for the responsible recycling of e-waste, TechnoCycle has expanded its eco-friendly and certified technology disposal and recycling services to San Antonio and surrounding area. MarketWire

University Bank's Chairman, Charles McDowell, Dead at 75
University Bancorp, Inc. (OTCQB: UNIB) (PINKSHEETS: UNIB) announced today that Charles McDowell, 75, the chairman of both University Bank and University Bancorp, Inc., has died. Mr. McDowell also served as the Chairman of the bank's internal audit committee and as a member of the bank's compensation committee MarketWire

Apache Acquires Leases With Estimated 1,200,000 Barrels of Reserves in Milam County, Texas
Apache Energy, LLC today announced the acquisition of approximately 238 acres in Milam County, TX. Apache leased the property and commissioned Geologic (a geological engineering company) to evaluate the acreage and its potential MarketWire

ARI Recognized as an American Heart Association Platinum-Level Start! Fit-Friendly Company
ARI®, a leading global vehicle fleet management provider specializing in complex car and truck fleet programs, has been recognized as a Platinum-Level Start! Fit-Friendly Company by the American Heart Association's Start! initiative for helping employees eat better and engage in more physical activities. MarketWire

Midas Perpetual Portfolio Distribution Notice
Midas Perpetual Portfolio, Inc. (NASDAQ: MPERX) paid a distribution of $0.0621 per share on December 29, 2011 to shareholders of record as of December 28, 2011. MarketWire

TicketNetwork Advisory -- Top 10 Concert Tours of 2012
It's almost the New Year, which means that many artists and bands will soon be hitting the road for tours. 2012 will be a big year for concerts, with some acts continuing tours from last year. Other acts, such as the Red Hot Chili Peppers, are returning to the stage for the first time in several years. MarketWire

Pilz Helps Exporters in Wind Industry Get CE Mark
Wind turbine companies wishing to export to the European Union need to get their products CE marked or they will not be compliant with European law. A declaration of conformity for wind turbines is necessary because by definition, a wind turbine is a functional machine, and as such it falls within the scope of the Machinery Directive 2006/42/EC. MarketWire

Presidio Completes Acquisition of INX Inc.
Presidio, Inc. announced that effective today, the company has completed its previously announced acquisition of INX Inc. MarketWire

Barrington Broadcasting Announces Completion of Tender Offer for Its 10 1/2% Senior Subordinated Notes Due 2014
Barrington Broadcasting Group LLC ("Barrington") announced today the completion of its previously announced cash tender offer for all of its outstanding 10 1/2% Senior Subordinated Notes due 2014 (the "Notes") and related consent solicitation with respect to certain proposed amendments to the indenture (the "Indenture") governing the Notes (the "Proposed Amendments") MarketWire

Fall 2011 Sunrise Multifamily Rental Market Report Finds Rental Rates Recovering Throughout Northeast Markets
The Fall 2011 Sunrise Multifamily Rental Market Report finds average rental rates throughout the Northeast to be at or above rental rate levels from the Fall of 2008, having mostly recovered from the economic downturn. These findings are driven by rising demand for rentals amid constrained inventory throughout the region. MarketWire

Tej Kohli Foundation Salutes a Year of Charity
The Tej Kohli Foundation celebrated the close of 2011 with a retrospective of their life-changing charitable works in India, Costa Rica and throughout the World. MarketWire

China Global Media, Inc. Announces the Addition of Two New Members to Its Board of Directors
China Global Media, Inc. (OTCBB: CGLO) is pleased to announce that two new members, Ms. Min Yang and Mr. Bingchuan Xiao, have joined its board of directors. MarketWire

Pansoft Announces Fiscal 2011 Full-Year Financial Results
Pansoft Company Limited (NASDAQ: PSOF) ("Pansoft" or the "Company"), a leading ERP software service provider for the oil and gas industry in China, today announced unaudited financial results for the fiscal 2011 business year ended June 30, 2011. MarketWire

Barkerville Announces Closing of First Tranche of Equity Financing
Barkerville Gold Mines Ltd. (TSX VENTURE: BGM)(FRANKFURT: IWUB) (the "Company") announces today that it has closed the first tranche of its private placement financing previously announced on December 5, 2011 as amended December 16, 2011. The Company issued a total of 21,592,513 units at a price of $0.85 per unit for gross proceeds of $18,253,611.05 MarketWire

Holman Automotive Recognized by American Heart Association as Worksite Fitness Innovation Company of 2011
Holman Automotive Group, one of the nation's top auto dealership and leasing companies, has been recognized by the American Heart Association as one of two Worksite Fitness Innovation Companies of 2011. The Biannual award is given to companies that develop and implement innovative and effective programs to promote physical activity in the workplace MarketWire

REMINDER: Cumberland Farms Once Again Celebrates the New Year With Free Coffee
For the fifth consecutive year, Cumberland Farms will offer free coffee starting at 5 pm on Saturday, December 31, 2011 until 5 am on Sunday, January 1, 2012. An annual community service tradition, Cumberland Farms encourages customers to stop by any one of Cumberland Farms' 585 locations, except those that offer Dunkin' Donuts, for a free cup of Farmhouse Blend coffee, iced or hot. MarketWire

BASi Announces Election of New Director
Bioanalytical Systems, Inc. (NASDAQ: BASI) today announced that its board of directors unanimously elected Seth Hamot as a director, effective December 28, 2011. "We are pleased to welcome Mr. Hamot to the Board and look forward to working with him," Chairman John Landis said. The Board of Directors also appointed Mr. Hamot to the Nominating Committee. MarketWire

U.S. Combined-Cycle Power Projects Set to Blossom Through 2014, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info is tracking 31,350 megawatts (MW) of combined-cycle power projects that are scheduled to begin construction in the 2012-14 time frame, with seven of these projects in the 1,000-MW range MarketWire

A25 Gold Producers Completes Summer 2011 Geochemical Soil Sampling Program on A25 Extension Properties
A25 Gold Producers Corp. (FRANKFURT: ALQN) is pleased to announce that the company has completed a soil geochemical sampling program on the A25 extension properties located on Vancouver Island, British Columbia, Canada. MarketWire

Miami Criminal Defense Lawyer, Jeffrey Feiler, and the Feiler Law Firm, Extend Their Social Media Presence With the Release of a Specialized Blog
For over two decades, Jeffrey Feiler and his accomplished team have been the prime choice when looking for a Miami Criminal Defense Lawyer by proving to be the most successful at achieving the best results in their field MarketWire

The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Baldwin Technology Company, Inc. in Connection With the Sale of the Company to Forsyth Baldwin, LLC
Levi & Korsinsky notifies investors of Baldwin Technology Company, Inc. ("Baldwin" or the "Company") (NYSE: BLD) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Forsyth Baldwin, LLC ("Forsyth") in a going private transaction MarketWire

Delhaize Group: Disclosure of Major Shareholding
Pursuant to the Belgian Law of May2, 2007 relating to the publication of major shareholdings in listedcompanies,Delhaize Group (Euronext Brussels: DELB) (NYSE: DEG), the Belgianinternationalfood retailer, has received a notification of the threshold of 5% beingcrosseddownwards by BlackRock which now owns 4.00% of Delhaize Group's voting rightsasfollows: MarketWire

Bronstein, Gewirtz & Grossman, LLC Announces That a Class Action Has Been Filed Against Veolia Environment S.A.
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC announces that a class action has been filed in the United States District Court for the Southern District Court of New York on behalf of purchasers of Veolia Environment S.A MarketWire

RomReal : Liquidity Budget 2012 Highlights
RomReal's board approved the 2012 budget. The highlights from the liquidity budget are:a)A 25% increase in Income from the re organization of Rental Income collection deriving from the land bank.b)The administrative costs have been further lowered by another 10 to 20%, after a year on year cut of 13% in 2011 GlobeNewswire

Solteq Plc: SHARE REPURCHASE 30.12.2011
Solteq Plc        ANNOUNCEMENT          30.12.2011  SHARE REPURCHASE  30.12.2011 In the Helsinki Stock Exchange   Trade date30.12.2011    Bourse tradeBUYShareSTQ1VAmount1.400sharesTotal cost1 GlobeNewswire

Norske Skog - Covenants - Securitization - Klosterøya - Parenco
Norske Skog has reached an agreement with its bank syndicate resetting covenants related to the EUR 140 mill. revolving credit facility (RCF) established in May this year. The new terms give additional headroom in 2012. For details, please refer to our web pages; www.norskeskog.com/Investors GlobeNewswire

Outotec Oyj : Outotec's acquisition of Energy Products of Idaho completed
OUTOTEC OYJSTOCK EXCHANGE RELEASE,DECEMBER 30, 2011 AT 6.15 PM GlobeNewswire

Net Insight wins significant expansion order for nationwide digital TV and media network in the EMEA region
STOCKHOLM, Sweden - Net Insight, a leading provider of efficient and scalable transport solutions for media, IP and broadcast networks, today announces that the company has received a significant expansion order for a nationwide digital TV and media network in the EMEA region.A national broadcaster will expand their nationwide TV and media network based on Net Insight's Nimbra platform GlobeNewswire

Sale of Zidane-1 gas discovery completed
Stavanger, 30 December 2011: Norwegian Energy Company (Noreco) has completed the sale of its interest in license PL435 on Haltenbanken, containing the gas discovery Zidane-1, to OMV (Norge) AS. The agreement to sell PL435 was announced in October this year. The price is NOK 180 million with effective date 1 January 2011 GlobeNewswire

Tikkurila completes the divestment of two retail stores in Sweden
Tikkurila OyjPress ReleaseDecember 30, 2011 at 3:30 p.m. (CET+1) GlobeNewswire

Eltek ASA: NeraTel settles claim in Malaysia
Nera Telecommunications Ltd ("the Company") today announces that the Company has settled a claim in Malaysia, under which Nera Telecommunications has agreed to pay RM 850,000 (approximately NOK 1.6 million). The original claim was RM 41.2 million (approximately NOK 78 million), reference made to note 29 in Eltek's Annual Report for 2010. GlobeNewswire

Eltek ASA: NeraTel receives Purchase Orders of approximately SGD 17.1 million
Nera Telecommunications Ltd ("the Company") today announces that the Company has been awarded Purchase Orders with an aggregate value of approximately SGD 17.1 million (approximately NOK 79 million). GlobeNewswire

Stonesoft Oyj :STONESOFT SHARE SUBSCRIPTIONS WITH STOCK OPTIONS
Stonesoft Corporation Stock Exchange Release December 30, 2011 at 11:00 a.m. GlobeNewswire

DNO reports a working interest production of 30,966 bopd in November 2011. DNO's working interest production 2011 YTD was 39,760 bopd
GlobeNewswire

CAMPOSOL AS - FINANCIAL CALENDAR 2012
GlobeNewswire

(ROGG) Last day of listing 30 December 2011
In relation to the conversion of SpareBank 1 SR-Bank from an equity certificate bank into a public limited company (ASA) last day of listing for the equity certificates will be 30 December 2011. From 2 January 2012 the ticker code will be changed from ROGG to SRBANK. GlobeNewswire

Copeinca: NOTIFICATION OF TRADE
On 30 December, Copeinca Peru purchased 3,107 shares of Copeinca ASA at an average rate of NOK 32.9801. GlobeNewswire

Financial calendar for 2012
GlobeNewswire

New number of shares in Handelsbanken
Due to an exchange of convertible notes in Svenska Handelsbanken AB, the number of Class A shares has increased by 319 shares and the number of votes has increased by 319. Following the increase, the total number of shares in Handelsbanken is 624 062 642 of which 612 312 199 are Class A shares and 11 750 443 are Class B shares GlobeNewswire

Confirmed Net Asset Value(s)
MW Indices PLC GlobeNewswire

Estimated Net Asset Value(s)
MW Indices PLC GlobeNewswire

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