Premium Petroleum Corp. (PINK SHEETS: PPTL) is pleased to announce that a successful test well was drilled on the Boyne Lake Prospect to TD (total depth) of 561 meters (1,841 feet). Both the primary target "Upper Grand Rapids" zone as well as the up hole secondary target "Viking" zone were encountered and were prolific.

"Upper Grand Rapids" zone: Management was anticipating that the primary target "Upper Grand Rapids" zone would contain natural gas reserves, similar to nearby wells. This zone was perforated, and gas was absent so a temporary cap was placed on the well. After 5 or 6 days the well was checked again, and much to the delight of management, an approximate 250 meters (800 foot) head of oil was present in the well bore - evidence that we had encountered OIL SANDS, but even more significant, FLOWING OIL SANDS. In accordance with Alberta Energy's designation, our project is categorized OIL SANDS; located in the Cold Lake Oil Sands district.

The significance of FLOWING O...

Top Image Systems Ltd. (NASDAQ: TISA) (TELAVIV: TISA), the leading innovator of data capture solutions, announced today that it has signed a definitive agreement to acquire all of Capture Projects Ltd. ("CPL") shares, a leading provider of document management solutions in the UK, for a consideration of £1.8 Million, and potential performance-based consideration.

CPL is a long established independent consultancy, specializing in the provision of data capture solutions to the UK marketplace. With 2006 revenues of approximately £2.5 Millions (based on UK accounting standards), CPL is a market leader in the provision of electronic mailroom solutions. It has a customer base which includes many leading UK financial services and insur...

Spectrum Signal Processing Inc. (TSX: SSY)(NASDAQ: SSPI) today announced at the CANSEC 2007 tradeshow the availability of its flexComm™ Sensor Data Link Modem System (SDLMS) designed for the protection and monitoring of littoral waters. The commercial-off-the-shelf SDLMS consists of two subsystems; a software defined radio (SDR) modem transceiver subsystem for the shipborne radio gateway and one or more remote sensor modem transceiver subsystems for the sensor radios. These radios are designed for rugged, low power, space-constrained deployments, such as in a buoy connected to a hydrophone array, in an unmanned underwater vehicle (UUV), an unmanned surface vehicle (USV) or an unmanned aerial vehicle (UAV).

The SDLMS is designed to provi...

Lundin Mining Corporation (TSX: LUN)(AMEX: LMC)(SSE: LUMI) (Lundin Mining) and Tenke Mining Corp. (TSX: TNK) ("Tenke") announced today that they have entered into a definitive agreement to combine the two companies to form a leading intermediate base metals company with a global portfolio of world-class production, development and exploration assets.

The transaction will be completed by way of a Plan of Arrangement (the "Arrangement"). At closing, all Tenke common shares will be automatically exchanged on the...

PeerApp, Ltd., a pioneer in carrier-grade peer-to-peer (P2P) infrastructure solutions for Internet Service Providers has been awarded a key patent from the U.S. Patent and Trademark Office for technology that enables peer-to-peer content distribution and acceleration. The issued U.S. Patent No. 7,203,741 is for a "Method and system for accelerating receipt of data in a client to client network."

The invention outlines an advanced peer-to-peer acceleration solution that allows Internet Service providers to manage and monetize Peer-to-Peer traffic.

"This is a ground-breaking patent for P2P caching and content delivery and it emphasizes the position of PeerApp as a pioneering provider of P2P infrastructure solutions and leader in its market segment," says Robert Mayer, PeerApp CEO.

As part of patent approval process, PeerApp successfully demonstrated the complexity of P2P caching. P2P caching involves handling millions of download/streamin...

On April 20th, "Pathfinder," directed by Marcus Nispel for 20th Century Fox and Phoenix Pictures, opens nationwide. The film features extensive visual effects by Zoic Studios BC. Zoic has collaborated with Nispel on numerous projects and jumped at the opportunity to help bring the director's vision to the big screen.

"Zoic was asked to do what I consider the toughest of any special effects assignment -- to not draw attention to their work in order to transport viewers to another time," says Director Marcus Nispel. "I have collaborated with the Zoic team many times and, as such, we have a shorthand that is invaluable in any production, and was a huge asset to the scope of 'Pathfinder.'"

An action-adventure set in the time when Vikings tried to conquer North America, "Pathfinder" tells the heroic story of a young Norse boy left behind after his clan shipwrecks on the Eastern shores. Despite his lineage, the boy is raised by the very Indians his kinsmen set out to destroy. Now, a...

Artificial Studios and Immersion Games, independent videogame developers, announced today that its self-published title, CellFactor: Revolution, will be available for free via digital download to PC gamers on May 8. Timeline Interactive based in Egypt also spent months programming code for the game, contributing to the small and specialized global game development team. CellFactor: Revolution is an action-packed, first-person shooter with true-to-life physics that harnesses AGEIA's PhysX™ processor to produce hyper-realistic cloth, fluid and debris gameplay effects.

While part of the game is playable without the AGEIA™ PhysX processor, those that the have PhysX accelerator will have access to the complete experience with noticeable gameplay benefits. The game will automatically detect players with a PhysX card, offering them the option to progress through the single-player campaign mode that includes three "extreme PhysX" levels. PhysX users can also challenge humans an...

Project is first at LAX to apply sustainable "green" building measures, including 75 percent of construction and demolition waste will be recycled or salvaged, and design features several local and sustainable building materials and finishes.

Project is scheduled to be completed by March 2010. It will be funded by several sources, including passenger facility charges, airline reimbursements, federal grants and airport revenues. No monies from City's general funds will be used.

More than 30 airlines at TBIT served nine million international travelers in 2006, 53 percent of LAX's overall 16.9 million international passenger volume. Total passenger volume last year was 61,041,066. LAX is the fifth busiest airport in world....

Moderator:

Rebecca Lieb, Executive Editor, ClickZ Network

Panelists: Session Overview:

Dice Vice President of Technical Services Ed O'Neill will join other marketer and ISP panelists at Authentication Summit 2007 to discuss how third-party accreditation solutions can optimize e-mail open and click-through rates and fill company shopping carts. Using real-world examples, panelists will share the pros and cons of implementing their email solutions and their ROI.

Attendees of this Authentication Summit session will hear O'Neill explain that by turning to Message Systems to optimize its email deliverability, online career site Dice now consistently delivers over 95 percent of its more than one million messages per day to job seekers, corporate customers and prospects. Through better delivery rates and improved email tracking and monitoring across multiple channels, Dice conservatively expects to realize a 20-fold ROI -- a potential cost savings in excess of $1 mil...

ClearCube Technology, the market leader in centralized computing solutions, today announced ClearCube Sentral™ version 5.5, part of the industry's only solution that manages virtualized PC desktops and dynamically delivers the required level of PC resources to end users. Building on the industry's first connection broker technology, Sentral v5.5 manages mixed physical PC blades with VMware-enabled virtual machines to seamlessly incorporate virtualization technology into centralized desktop computing without sacrificing end-user performance. This flexible management software enables organizations to maximize the value of their investment in virtualization by providing corporate users with the exact computing power needed to effectively conduct their jobs.

"When considering the adoption of client-side virtualization, organizations need to consider the extent to which the chosen...