Peregrine (PPHM) to Present at JMP Securities Healthcare Conference

TUSTIN, CA — (Marketwire) — 07/05/12 — Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM), a clinical-stage biopharmaceutical company developing first-in-class monoclonal antibodies for the treatment and diagnosis of cancer and infectious diseases, today announced that Steven King, president and chief executive officer, will present at the 2012 JMP Securities Healthcare Conference at the Peninsula Hotel in New York, NY on Thursday, July 12, 2012 at 9:30 AM Eastern Daylight Time.

Peregrine’s presentation will be webcast live and available for replay until July 26, 2012 at: http://ir.peregrineinc.com/events.cfm

For more information about this conference, please visit: http://www.jmpg.com/jmpsecurities/about/conferences/

About Peregrine Pharmaceuticals
Peregrine Pharmaceuticals, Inc. is a biopharmaceutical company with a portfolio of innovative monoclonal antibodies in clinical trials for the treatment of cancer and serious viral infections. The company is pursuing multiple clinical programs in cancer and infectious diseases with its lead product candidate bavituximab and novel brain cancer agent Cotara®. Peregrine also has in-house cGMP manufacturing capabilities through its wholly-owned subsidiary Avid Bioservices, Inc. (www.avidbio.com), which provides development and biomanufacturing services for both Peregrine and outside customers. Additional information about Peregrine can be found at www.peregrineinc.com.

Contact:
Christopher Keenan or Jay Carlson
Peregrine Pharmaceuticals
(800) 987-8256

ENGlobal (ENG) Awarded Government Defense Contract

Multi-year Contract Renews Existing Long-term Relationship

Houston, July 5, 2012 (GLOBE NEWSWIRE) — ENGlobal (NASDAQ: ENG), a leading provider of energy-related project delivery solutions, today announced that it is one of three firms that has been awarded a multiple award contract for the procurement of automated fuel handling equipment (AFHE) support services to the U.S. Military. If all options are exercised by the United States Navy, the cumulative value of these fixed-price contracts for the three firms is an estimated $215 million and, in that case, work could continue until June 2017.

ENGlobal is one of three firms awarded an indefinite-delivery/indefinite-quantity (ID/IQ), cost-plus-fixed-fee contract for technical and maintenance services for automated tank gauging and automated fuel service stations. The scope of the project includes development, design, engineering, fabrication, integration, installation, quality assurance, logistics, maintenance, life-cycle management and technical support for AFHE systems. Work will be performed at Department of Defense fuel facilities worldwide, and is expected to be completed by the second quarter 2013.

Space and Naval Warfare (SPAWAR) Systems Center Atlantic, in Charleston, South Carolina provides contracting activity administration services on behalf of multiple Department of Defense military departments. The U.S. Department of Defense announced this Navy contract award on June 14, 2012: http://www.defense.gov/contracts/contract.aspx?contractid=4812

“ENGlobal has a proven track record of delivering exceptional service to SPAWAR since 2007,” said Edward L. Pagano, ENGlobal’s President and Chief Executive Officer. “This cumulative award for the three firms represents an increase of approximately $89 million over the 2007 award level of $126 million and, as validated by our performance, we will make every effort to increase ENGlobal’s portion of the base contract funding.”

Mr. Pagano continued. “Our Government Services division, based in Tulsa, Oklahoma, specializes in the turn-key installation and maintenance of automation and instrumentation systems for the U.S. defense industry worldwide. This award demonstrates that our technical capability for AFHE engineering support extends globally to keep Department of Defense fuel systems fully mission capable.”

About Space and Naval Warfare (SPAWAR) Systems Center, Charleston
Space and Naval Warfare (SPAWAR) Systems Center, Charleston provides advanced communications and information capabilities across Department of the Navy, joint and coalition forces and consists of more than 12,000 highly-dedicated employees and contractors, deployed globally and near the fleet. Please visit www.public.navy.mil/spawar for more information.

About ENGlobal
ENGlobal (NASDAQ: ENG), founded in 1985, is a provider of engineering and related project services principally to the energy sector throughout the United States and internationally. ENGlobal operates through three business segments: Automation, Engineering & Construction, and Field Solutions. ENGlobal’s Automation segment provides services related to the design, fabrication & implementation of process distributed control and analyzer systems, advanced automation, and related information technology. The Engineering & Construction segment provides consulting services relating to the development, management and execution of projects requiring professional engineering as well as inspection, construction management, mechanical integrity, field support, quality assurance and plant asset management. ENGlobal’s Field Solutions segment provides project management and staffing for right-of-way and site acquisition, inspection, permitting, regulatory, and legislative outreach. ENGlobal has approximately 2,000 employees in 11 offices and 9 cities. Further information about the Company and its businesses is available at www.ENGlobal.com.

Safe Harbor for Forward-Looking Statements
The statements above regarding the Company’s expectations regarding its operations and certain other matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties including, but not limited to: (1) our ability to perform under these contracts, obtain new contracts or modify existing contracts with the U.S. government; (2) our ability to achieve profitability and positive cash flow from operations; (3) our ability to collect accounts receivable and process accounts payable in a timely manner; (4) our ability to comply with the terms of our credit facility with PNC and our existing letter of credit facility with Export-Import Bank of the United States; (5) our ability to respond appropriately to the current worldwide economic situation and the resulting decrease in demand for our services and competitive pricing pressure; (6) our ability to achieve our business strategy while effectively managing costs and expenses; (7) our ability to accurately estimate costs and fees on fixed-price contracts; (8) the effect of changes in the price of oil; (9) delays related to the award of domestic and international contracts; (10) our ability to execute to our internal performance plans such as our productivity improvement and cost reduction initiatives; (11) the effect of changes in laws and regulations with which the Company must comply and the associated costs of compliance with such laws and regulations, either currently or in the future, as applicable; (12) the effect of changes in accounting policies and practices as may be adopted by regulatory agencies, as well as by the FASB; (13) the effect on our competitive position within our market area in view of, among other things, increasing consolidation currently taking place among our competitors; (14) our ability to win new business and convert those orders to sales within the fiscal year in accordance with our annual business plan; (15) achievement of our acquisition and related integration plans; and (16) the uncertainties of the outcome of litigation. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in ENGlobal’s filings with the Securities and Exchange Commission. In addition, reference is hereby made to cautionary statements set forth in the Company’s most recent reports on Form 10-K and 10-Q, and other SEC filings.

Click here to join our email list: http://www.b2i.us/irpass.asp?BzID=702&to=ea&s=0.

###

CONTACT: Natalie Hairston
         281-878-1000
         ir@englobal.com

Asure Software (ASUR) Announces Acquisition of PeopleCube

Acquisition Solidifies Asure’s Portfolio and Position as Leading Global Provider of Workspace and Workforce Management Solutions

• Expects Q2 2012 results (pre-acquisition) to be at upper end of revenue and EBITDA (ex one-time items) guidance
• Increases Q3 and Q4 2012 revenue guidance to $6.9 M – $7.1M and $7.8M – $8.1M, respectively (primarily as a result of the acquisition)
• Increases Q3 and Q4 EBITDA guidance (ex one-time items) to $1.1M – $1.3M and $1.9M – $2.2M, respectively (primarily as a result of the acquisition)
• Issues 2013 guidance of $31M revenue, $9M EBITDA, and $7M ($1.30 per share) of free cash flow

AUSTIN, Texas, July 5, 2012 (GLOBE NEWSWIRE) — Asure Software, Inc. (Nasdaq:ASUR), a leading provider of workplace management software, today announced that it has acquired PeopleCube, of Framingham, MA. PeopleCube has enabled the deployment of a high-quality, flexible workplace and the ability to plan, schedule, measure and analyze space and resource utilization to attain new levels of effectiveness and efficiency. One of the leaders in providing intelligent on-demand workplace management solutions that help customers manage their facilities, PeopleCube solutions minimize real estate, meeting services, travel, and energy costs based on actual workspace usage. PeopleCube supports 7,500 Clients in small, medium, and large enterprises around the world. With this acquisition, Asure becomes the leading global provider of workspace management solutions.

On July 3, 2012, Asure Software entered into a stock purchase agreement to acquire PeopleCube for a combination of cash and stock. The purchase price was composed of $9.8 million cash paid at closing; a $3 million, two-year seller’s note; and the issuance of 255,000 shares of common stock, representing just under five percent of Asure’s outstanding shares. Asure financed the deal via a new debt financing facility with further details of the acquisition and financing facility to be detailed in Asure’s 8K (to be filed shortly). In addition to funding the acquisition, the new facility allowed Asure to re-finance certain of its existing debt.

“PeopleCube’s product suite of workplace management solutions helps companies improve efficiencies in workplaces every day, and is directly in line with the Asure Software strategy,” said Pat Goepel, Asure’s Chief Executive Officer. “We are excited to integrate best practices of the PeopleCube product line to the Asure solution set. The enterprise service model will greatly improve our ability to bring solutions to companies of all sizes in a much larger marketplace.”

“This acquisition creates a global leader in providing solutions that manage workspace environments,” said John Anderson, former President and Chief Executive Officer of PeopleCube who will remain at the company. “The overall suite of available products and services extends Asure’s reach to the workspace management needs of organizations around the world.” PeopleCube’s Resource Scheduler, Workspace Manager, PeopleCounter, Workplace Business Intelligence, and Energy Management solutions will be carried forward and will be incorporated into the newly formed AsureSpace business line which will be led by Anderson.

“The financial synergies from the acquisition are readily identifiable and implementation is already underway,” said Asure’s Chief Financial Officer, David Scoglio. “Efficiencies will come in the form of savings through consolidation, streamlining of deployment and adoption activities, reducing duplicative costs, and leveraging our hosting infrastructure across the larger company. We expect the PeopleCube acquisition to increase the cash generation of the business, and we anticipate realizing significant synergies in the near-term.”

“Given the product and business synergies between PeopleCube and Asure Software, this acquisition is a win-win for clients of both organizations,” added Steven Rodriguez, Chief Operating Officer for Asure. “We have the ability to enhance our customer offering in existing verticals while expanding into additional key vertical markets ranging from small business to enterprise clients on a global scale. No other company has the ability to serve that market potential. Our value proposition is powerful, and we are excited to push our new capabilities to our clients now exceeding over 11,000 combined.”

“We have rebuilt Asure into a larger, more agile company with a predictable recurring revenue stream and strong organic cloud bookings growth, with high incremental margins on that growth,” added Mr. Goepel. “The integration of PeopleCube completely fits into this strategy. We have tripled the size of our company in the past three years, and this acquisition will further improve our ability to deliver significant new bookings growth. We believe we are on the right path to enhancing shareholder value, and hope to report further progress as we move forward.”

About Asure Software

Asure Software, Inc. (Nasdaq:ASUR), headquartered in Austin, Texas, offers intuitive and innovative technologies that enable companies of all sizes and complexities to operate more efficiently. The company ensures a high-performing work environment by integrating its “keep it simple” solutions and expertise to more than 3,500 clients worldwide. Asure Software’s suite of solutions range from time and attendance workforce management solutions to asset optimization and meeting room management. For more information, please visit www.asuresoftware.com.

The Asure Software, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11986

About PeopleCube

PeopleCube provides intelligent on-demand workplace management solutions that help customers cut real estate, meeting services, travel, and energy costs based on actual workspace usage. Through its corporate headquarters in Framingham, Massachusetts, and offices around the world, PeopleCube supports 8,000 Clients and more than 2.7 million users in small, medium, and large enterprises around the world. More information is available at www.peoplecube.com.

CONTACT: David Scoglio, CFO
         Asure Software, Inc.
         512-437-2732
         dscoglio@asuresoftware.com

         Jon Cunningham
         RedChip Companies, Inc.
         Tel: +1-800-733-2447, Ext. 107
         info@redchip.com
         http://www.redchip.com

Premier Exhibitions (PRXI) Announces Executive Leadership Appointments

ATLANTA, July 3, 2012 (GLOBE NEWSWIRE) — Premier Exhibitions, Inc., (“Premier” or the “Company”), (Nasdaq:PRXI), a leading presenter of museum-quality touring exhibitions around the world, today announced two changes to its executive leadership team.

The following changes are effective immediately:

• Samuel Weiser, who has served as Interim President and Chief Executive Officer since November 2011, will assume the permanent position of President and Chief Executive Officer. Mr. Weiser will continue to manage Premier’s overall business operations, with a specific focus on Premier Exhibition Management, the Company’s exhibition production division. Mr. Weiser is currently a director of the Company and will continue to hold that position.
• John Norman, who has served as the President of the Arts and Exhibitions International division of AEG Live, until its April 2012 acquisition by the Company, will assume the title of President of Arts and Exhibitions International, LLC, a subsidiary of Premier Exhibition Management, LLC (“PEM”), which is a subsidiary of the Company.

Mark Sellers, Premier’s Chairman, stated, “The Board of Directors is pleased to announce these appointments. As we move towards the sale of our Titanic assets, we continue to focus on enhancing our market profile as the recognized leader in developing and displaying unique exhibitions for education and entertainment. Our board believes Sam Weiser’s experience and leadership make him the right person to further our industry leadership and maximize revenue and shareholder return from our exhibition business.”

Sam Weiser, Premier’s President and CEO added, “The addition of John Norman adds a recognized industry leader who has unique access to content and creative development opportunities to the Company’s management team. John’s relationships within the museum community and with content providers around the world position Premier to move forward and grow following the sale of our Titanic assets. Through PEM’s Arts and Exhibitions subsidiary, we anticipate John and his team will develop and tour new and provocative exhibitions rivaling AEI’s current portfolio that includes King Tut, Cleopatra, Real Pirates and America I Am.”

About Premier Exhibitions

Premier Exhibitions, Inc. (Nasdaq:PRXI), located in Atlanta, GA, is a major provider of museum-quality exhibitions throughout the world and a recognized leader in developing and displaying unique exhibitions for education and entertainment. The Company’s exhibitions present unique opportunities to experience compelling stories using authentic objects and artifacts in diverse environments. Exhibitions are presented in museums, exhibition centers and other entertainment venues.

Additional information about Premier Exhibitions, Inc. is available at www.prxi.com.

The Premier Exhibitions, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12992

CONTACT: Investor Contact:
         Michael J. Little
         Chief Financial Officer and Chief Operating Officer
         (404) 842-2600
         michael.little@prxi.com

This Independence Day, Autobytel (ABTL) Salutes American Cars

Autobytel Lists Consumer Favorites, All Made in the USA

Families across the nation will be gathered together to celebrate our great country on July 4^th. Autobytel^® editors also celebrate America by highlighting the best of American automotive manufacturing.

According to Michelle Naranjo, editor-in-chief, Autobytel.com, “2012 is seeing a resurgence in American manufacturing: both for American brands and the collection of Japanese, German and Korean automakers who have built manufacturing plants on American soil and employ American citizens.” She continued, “the label ‘Made in America’ is something to be proud of. Whether it’s a foreign car made in America, or a traditional American manufacturer, American workers can equal or better their counterparts in the rest of the world.”

While the American automotive industry saw some pretty bleak times a few years ago, the recent comeback in sales is just an indicator of improvements that came in leaps and bounds in design, manufacturing, technology and fuel-economy sectors of automotive manufacturing.

This year, to celebrate the 4^th of July, Autobytel editors share the Autobytel and AutoPacific lists of the cars that are made in America and have the best ratings from actual owners in their respective categories. More than 75,000 new car buyers who were within their first three months of ownership were surveyed. Autobytel editors have taken those consumer ratings and compiled lists of some of the most satisfying cars that are made in America, by American brands and by foreign car companies.

The top seven great American cars among the top-rated models revealed by Autobytel editors include: Top-Rated Luxury SUV: Cadillac Escalade; Top-Rated Sports Car: Chevrolet Corvette; Top-Rated Economy Car: Chevrolet Sonic; Top-Rated Crossover Utility Vehicle: Chevrolet Traverse; Top-Rated Light Duty Pickup Truck: Ford F-150; Top-Rated Large Sports Utility Vehicle: GMC Yukon; Top-Rated Mid-Sized Sports Utility Vehicle: Jeep Grand Cherokee.

Autobytel editors also feature the seven most satisfying foreign cars made in America. These include: Top-Rated Mid-Size Crossover SUV: Honda CR-V; Top-Rated Minivan: Honda Odyssey; Top-Rated Premium Mid-Size Crossover SUV: Honda Pilot; Top-Rated Hybrid Car: Hyundai Sonata Hybrid; Top-Rated Premium Luxury Crossover SUV: Mercedes-Benz-M Class; Top-Rated Mid-Size Car: Subaru Legacy.

For more information on the favorite American cars, visit at www.Autobytel.com. Also visit the site for more insights from the editors. Watch exclusive videos on Autobytel’s YouTube page or join the conversation on the Autobytel Facebook Fan Page.

About Autobytel Inc.
Autobytel Inc., an online leader offering consumer purchase requests and marketing resources to car dealers and manufacturers and providing consumers with the information they need to purchase new and used cars, pioneered the automotive Internet when it launched its flagship website in 1995. Autobytel continues to offer innovative products and services to help consumers buy, and auto dealers and manufacturers sell, more used and new cars. Autobytel has helped tens of millions of automotive consumers research vehicles; connected thousands of dealers nationwide with motivated car buyers; and helped every major automaker market its brand online. Through its flagship website, network of automotive sites and respected online affiliates, Autobytel continues its dedication to innovating the industry’s highest quality Internet programs to provide consumers with a comprehensive and positive automotive research and purchasing experience, and auto dealers, dealer groups and auto manufacturers with some of the industry’s most productive and cost-effective customer referral and marketing programs.

Investors and other interested parties can receive Autobytel news releases and invitations to special events by accessing our online signup form at http://investor.autobytel.com/alerts.cfm

TeleCommunication Systems (TSYS) Debuts in Washington Technology’s 2012 Top 100

Avalon (AVL) Buys Out Thor Lake NSR Royalty

TORONTO, ONTARIO — (Marketwire) — 07/03/12 — Avalon Rare Metals Inc. (TSX:AVL)(NYSE MKT:AVL) (“Avalon” or the “Company”) is pleased to announce that it has bought out the 3% Calabras/Lutoda Net Smelter Return (“NSR”) royalty on its Thor Lake property for a cash payment of CAD$2.0 million. The Thor Lake property (the “Property”) encompasses the Company’s flagship Nechalacho Rare Earth Elements Deposit.

The 3% Calabras/Lutoda NSR was one of two NSR royalties on the Property that the Company inherited when it acquired title to the Property in 2005. Avalon has the contractual right to buy out the remaining 2.5% royalty on the basis of a fixed formula, which currently approximates CAD$1.3 million and which will increase at a rate equal to the Canadian prime rate until that royalty is also bought out.

Don Bubar, Avalon’s President and CEO commented, “Acquiring this royalty interest is an important step in the development of our Nechalacho Deposit. Our ability to move this project forward without the uncertainty of a royalty burden has long been part of our development model and we are pleased that we were able to conclude this agreement with the royalty holders on favourable terms.”

About Avalon Rare Metals Inc.

Avalon Rare Metals Inc. (TSX:AVL)(NYSE MKT:AVL) is a mineral development company focused on rare metals deposits in Canada. Its flagship project, the 100%-owned Nechalacho Deposit, Thor Lake, NWT, is emerging as one of the largest undeveloped rare earth elements resources in the world. Its exceptional enrichment in the more valuable ‘heavy’ rare earth elements, which are key to enabling advances in green energy technology and other growing high-tech applications, is one of the few potential sources of these critical elements outside of China, currently the source of 95% of world supply. Avalon is well funded, has no debt and its work programs are progressing steadily. Social responsibility and environmental stewardship are corporate cornerstones.

Shares Outstanding: 103,611,986. Cash resources: approximately $41 million.

To find out more about Avalon Rare Metals Inc., please visit our website at www.avalonraremetals.com.

This news release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. Generally, these forward-looking statements can be identified by the use of forward looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Avalon to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made. Although Avalon has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Such forward-looking statements have been provided for the purpose of assisting investors in understanding the Company’s plans may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking statements. Avalon does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws.

Contacts:
Avalon Rare Metals Inc.
Don Bubar
President
416-364-4938
ir@avalonraremetals.com

RADCOM (RDCM) to Publish Q2 Results on Tuesday July 24th, 2012

Platinum Group (PLG) Confirms Plans

VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 06/19/12 — Platinum Group Metals Ltd. (TSX:PTM)(NYSE MKT:PLG)(NYSE Amex:PLG) (“Platinum Group” or the “Company”), confirms that, in line with previous guidance, it is proceeding with its plans to finance and complete the WBJV Project 1 Platinum Mine as well as explore and expand its new Waterberg discovery, in South Africa.

R. Michael Jones said, “We have a high grade competitive platinum deposit at WBJV Project 1 and the construction and banking plans for project finance are progressing well. The WBJV Project 1 mine is near surface and has excellent grade. The competitive nature of this project is highlighted at this time of increasing costs and mine closures. At Waterberg, we have extraordinary grade thickness, located near surface and eight drill rigs continue to expand this new discovery. We have solid confidence in the platinum market in the medium and long term and confidence of our position in that market as we drive towards first production in mid 2014.”

Phase 1 at the WBJV Project 1 Platinum Mine (74% Platinum Group and 26% JSE listed Wesizwe Platinum) was budgeted at USD $100 million for acquisition of surface rights, completion of declines into the ore body and construction of surface infrastructure. This work is funded, now over half way complete and on budget. A full Mining Right for the project was granted by the Government of South Africa on April 4, 2012.

The final steps for the completion of project finance banking and the execution of off-take arrangements with a smelter are expected in the weeks ahead, materially in-line with previous guidance.

During the last few months Platinum Group has made solid progress on construction at the WBJV Project 1 Platinum Mine. Sinking of the twin central declines is progressing safely and efficiently. The declines are at approximately 300 metres of linear sinking, complete with cross cuts, ventilation and muck bays. Although the declines are a few weeks behind in planned linear completion to date, the teams are improving the rate of face advance weekly for a projected on time completion. Phase 1 surface infrastructure is now essentially complete. Construction of Eskom substations and design work for water connections in preparation for Phase 2 are underway, within the Phase 1 budget, as a result savings and efficiencies to date. Also as a result of savings on the Phase 1 program, the construction of a second, southern twin decline access into the ore body is underway. This work is now progressing very well and is ahead of schedule. This second twin decline access is a critical path item in preparation for Phase 2, which will include milling, processing and tailings facilities.

At the Company’s exciting Waterberg Project on the North Limb of the Bushveld Complex, the newly discovered multiple layers of thick mineralization continue to be intersected in step out holes along strike, up dip and down dip. The zones remain open for expansion in all directions. Eight rigs are currently at work at Waterberg on a 250 meter by 250 meter grid with some larger scale step outs also in progress up to 1.0 km further along strike. An expanded budget for 2012 exploration is currently working through the approval process amongst the parties to the joint venture. An initial resource estimate at Waterberg is planned in the near term.

The Waterberg project is 49.9% owned by Platinum Group while Japanese state exploration company JOGMEC is a 37% joint venture partner. The balance is held by a South African empowerment company.

Qualified Person

The non-Independent Qualified Person for this News Release is R. Michael Jones, P.Eng. He is non-independent, the Company CEO and a significant shareholder. He has relevant supervision experience in South Africa since 2002 and has experience with feasibility studies and supervision of precious metals mine operations. He has verified the data through checking the calculations, checking samples of the core and by visiting with the qualified employees that have completed the work in South Africa. QAQC procedures include blanks, standards and chain of custody processes as previously reported.

About Platinum Group Metals Ltd.

Platinum Group has an experienced mine building and operating team based in Vancouver, Canada and Johannesburg, South Africa. Platinum Group Metals Ltd is building the WBJV Project 1 Platinum mine in the Western Limb of the Bushveld Complex South Africa. The Company owns 74% of the WBJV Project 1 Mine and 26% is owned by Wesizwe which is controlled by Jinchuan of China. Platinum Group is listed as PLG on the NYSE MKT and PTM on the TSX in Toronto.

On behalf of the Board of Platinum Group Metals Ltd.

R. Michael Jones

This press release contains forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of U.S. securities laws (“forward-looking statements”). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding the Company’s plans to move into full scale development in the months ahead, the timing of any debt/financing for Project 1, the completion of account structuring and off-take negotiations in Q2 of calendar 2012, the amount of increase in the peak funding estimate for Project 1, the timing of first ore production and concentrate sales, and further exploration on the Company’s properties. In addition, the results of the UFS and subsequent cost estimate disclosure may constitute forward-looking statements to the extent that they reflect estimates of mineralization, capital and operating expenses, metal prices and other factors. Although the Company believes the forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in market conditions; the nature, quality and quantity of any mineral deposits that may be locate;, the Company’s ability to obtain any necessary permits, consents or authorizations required for its activities; the Company’s ability to successfully complete hedging establishment and off-take negotiations; the Company’s ability to produce minerals from its properties successfully or profitably, to continue its projected growth, or to be fully able to implement its business strategies and other risk factors described in the Company’s Form 40-F annual report, annual information form and other filings with the SEC and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com , respectively.

The Toronto Stock Exchange and the NYSE MKT LLC have not reviewed and do not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

Contacts:
Platinum Group Metals Ltd.
R. Michael Jones
President
(604) 899-5450 / Toll Free: (866) 899-5450

Platinum Group Metals Ltd.
Kris Begic
Vice President, Corporate Development
(604) 899-5450 / Toll Free: (866) 899-5450
(604) 484-4710 (FAX)

TranS1 Inc. (TSON) Announces CE Mark for VEO™ Minimally Invasive Lateral Fusion System

WILMINGTON, N.C., July 3, 2012 (GLOBE NEWSWIRE) — TranS1 Inc. (Nasdaq:TSON), a pioneer in minimally invasive approaches to lumbar spine surgery, today announced it has received CE (Conformité Européenne) Mark approval in the European Union to market its VEO^TM lateral access fusion system for interbody fusions.

Ken Reali, President and Chief Executive Officer of TranS1, stated, “We are very pleased to receive the CE Mark for the VEO lateral system. This approval represents a significant milestone for TranS1 and will contribute to our efforts to become a leader in minimally invasive spine surgery. We are excited to begin executing on our commercialization strategy in Europe as we enter the third quarter.”

The VEO minimally invasive lateral system features an innovative, two-stage retraction method that focuses on nerve visualization and then controlled retraction. The VEO system is designed for direct visualization of the psoas muscles and adjacent nerves prior to muscle dissection.

The VEO retractor is complemented by a full range of PEEK lateral interbody implants and a variety of ergonomic instruments. Radiopaque markers are strategically located within the implants to allow proper placement.

About TranS1 Inc.

TranS1 is a medical device company focused on designing, developing and marketing products to treat degenerative conditions of the spine affecting the lower lumbar region. TranS1 currently markets the AxiaLIF® family of products for single and two level lumbar fusion, the VEO lateral access and interbody fusion system, and the Vectre^TM and Avatar^TM posterior fixation systems for lumbar fixation supplemental to AxiaLIF fusion. TranS1 was founded in May 2000 and is headquartered in Wilmington, North Carolina. For more information, visit www.trans1.com.

CONTACT: Investors:
         TranS1 Inc.
         Joseph P. Slattery, 910-332-1700
         Executive Vice-President and Chief Financial Officer

         Westwicke Partners
         Mark Klausner, 443-213-0501
         trans1@westwicke.com

Cardiome (CRME) Announces Management Change

Longwei Petroleum (LPH) Announces Completion of Tax Reconciliation Report by Independent Auditors

Independent Auditors Complete Tax Reconciliation of SAT and SAIC Filings Compared to US GAAP Filings; Company Reports No Material Differences

Rexahn (RNN) Submits an Investigational New Drug Application

Rexahn Pharmaceuticals, Inc. (NYSE Amex: RNN), a clinical stage pharmaceutical company developing and commercializing potential best in class oncology and CNS therapeutics, today announced that it has submitted an investigational new drug application (IND) to the Food and Drug Administration for a first-in-human study of RX-5902 to treat advanced or metastatic solid tumors. RX-5902 is a first-in-class small molecule that inhibits the phosphorylated p68 RNA helicase, a protein that plays a key role in cancer growth, progression and metastasis. The phosphorylated form of p68 RNA helicase is only present in cancer cells and is absent in normal cells.

“RX-5902 is an exciting first-in-class p68 RNA helicase inhibitor that has considerable commercial potential,” said Rick Soni, President of Rexahn. “Pre-clinical studies have shown that RX-5902 exhibits very potent anti-tumor activity in various cancers including melanoma, renal, ovarian and pancreatic. Additional studies suggest that RX-5902 is effective in drug-resistant cancer cells and is synergistic when combined with current cancer drugs.”

About Rexahn Pharmaceuticals, Inc.

Rexahn Pharmaceuticals is a clinical stage pharmaceutical company dedicated to developing and commercializing first in class and market leading therapeutics for cancer, CNS disorders, sexual dysfunction and other unmet medical needs. Rexahn currently has three drug candidates in Phase II clinical trials, Archexin®, Serdaxin®, and Zoraxel™ and a robust pipeline of preclinical compounds to treat multiple cancers and CNS disorders. Rexahn also operates key R&D programs of nano-medicines, 3D-GOLD, and TIMES drug discovery platforms. For more information, please visit www.rexahn.com.

Safe Harbor

To the extent any statements made in this press release deal with information that is not historical, these are forward-looking statements under the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Rexahn’s plans, objectives, expectations and intentions with respect to future operations and products and other statements identified by words such as “will,” “potential,” “could,” “can,” “believe,” “intends,” “continue,” “plans,” “expects,” “anticipates,” “estimates,” “may,” other words of similar meaning or the use of future dates. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Uncertainties and risks may cause Rexahn’s actual results to be materially different than those expressed in or implied by Rexahn’s forward-looking statements. For Rexahn, particular uncertainties and risks include, among others, the difficulty of developing pharmaceutical products, obtaining regulatory and other approvals and achieving market acceptance; the marketing success of Rexahn’s licensees or sublicensees; the success of clinical testing; and Rexahn’s need for and ability to obtain additional financing. More detailed information on these and additional factors that could affect Rexahn’s actual results are described in Rexahn’s filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q. All forward-looking statements in this news release speak only as of the date of this news release. Rexahn undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Salamon Group (DSTI) Retires Debt

LAS VEGAS, NV — (Marketwire) — 07/02/12 — Salamon Group, Inc. (OTCQB: SLMU) (PINKSHEETS: SLMU) (“Salamon” or the “Company”) is pleased to announce that Sunlogics Power Management Fund, its wholly owned subsidiary, has retired $500,000.00 in debt acquired by its investment of the senior debt of DayStar Technologies, Inc. (NASDAQ: DSTI), a renewable energy company.

The debt was transferred to Mr. Michael Matvieshen pursuant to the original terms of the transaction. As a result of this transfer and retirement of the DayStar debt, Mr. Matvieshen now has direct ownership of DSTI shares.

For further information about this release contact Willam Nalley, The Orsay Groupe, Inc., #305-515-8077 and/or email: info@orsaygroupe.com.

About Salamon Group, Inc.

Salamon Group, Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the construction management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power is also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers, http://www.sunlogicspowerfund.com.

SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management.

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Contact:
Orsay Groupe
William J. Nalley
305-515-8077
Email Contact

Direct Markets (MKTS) Announces Entry into Letter of Intent

Direct Markets Holdings Corp. (Nasdaq: MKTS) (the “Company”) announced today that it has entered into a nonbinding letter of intent for the sale of Rodman & Renshaw, LLC, its broker-dealer subsidiary (“Rodman”), to an entity controlled by Michael Vasinkevich, one of the Company’s founders and former vice chairman of the board of directors. The closing of the transaction is subject to conditions including the negotiation and execution of a definitive agreement, FINRA approval of the proposed change in control and approval of the transaction by a majority of the disinterested stockholders of the Company. Subject to the satisfaction of these conditions, the transaction is expected to close on or about December 31, 2012.

The consideration for the purchase will be the assumption of specified liabilities including certain leasehold obligations, accounts payable and future costs and liabilities related to pending legal proceedings, as well as contingent cash purchase price payments based upon future profitability. In addition, the buyer will assume certain costs related to the Rodman Fall 2012 Conference and will be obligated to reimburse the Company for certain operating expenses that Rodman incurs during the pre-closing transition period, subject to the transaction closing.

During the pre-closing transition period, Mr. Vasinkevich and a team of key Rodman professionals will continue to operate Rodman’s investment banking business, providing capital raising and advisory services to public and private companies across multiple sectors and regions, including its strong presence in the life science sector. Upon closing, these professionals are expected to remain employees of the acquired entity.

It is expected that Rodman will utilize the Company’s DirectMarkets automated state-of-the-art electronic transaction platform that links existing public company issuers and investors seeking to transact primary offerings of securities. As one of the initial adopters of the DirectMarkets platform, it is expected that Rodman will aid in accelerating the market development and acceptance of the DirectMarkets platform – benefitting the Company’s technology initiative.

The letter of intent does not contemplate any exclusivity period or breakup fees, providing the Company’s board with complete flexibility to maximize stockholder values if opportunities present themselves.

About Direct Markets Holdings Corp.

Direct Markets Holdings Corp. (MKTS) is a holding company with a number of direct and indirect subsidiaries, including Direct Markets, Inc. and Rodman & Renshaw, LLC.

About Direct Markets, Inc.

Direct Markets, Inc. will provide a broker-neutral technology platform where public companies interact directly with investors to gain exposure, receive sentiment, build relationships and perform capital markets transactions. The result is a new paradigm where participants gain control over the capital raising process with greater visibility, transparency and cost savings. For more information, please visit www.directmkts.com.

About Rodman & Renshaw, LLC

Rodman & Renshaw, LLC is a full-service investment bank dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. The company also provides research and sales and trading services to institutional investors. Rodman is the leader in the PIPE (private investment in public equity) and RD (registered direct offering) transaction markets. According to Sagient Research Systems, Rodman has been ranked the #1 Placement Agent by deal volume of PIPE and RD financing transactions completed every year since 2005. For more information, please visit www.rodm.com.

Cautionary Note Regarding Forward Looking Statements

This press release contains forward-looking statements regarding future events and financial performance including, but not limited to the satisfaction of conditions to closing that will be set forth in the definitive agreement, consummation of the transaction described and the timing and success of the roll-out of the DirectMarkets platform. In some cases, you can identify these statements by words such as “may,” “might,” “will,” “should,” “except,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” the negative of these terms and other comparable terminology. These statements involve a number of risks and uncertainties and are based on numerous assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. There are or may be important factors that could cause our actual results to materially differ from our historical results or from any future results expressed or implied by such forward looking statements.

These factors include, but are not limited to, those discussed under the section entitled “Risk Factors” in our Annual Report on Form 10-K, filed March 16, 2012, which is available at the U.S. Securities and Exchange Commission website at www.sec.gov. The forward-looking statements in this press release are based upon management’s reasonable belief as of the date hereof. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

MEMBER FINRA, SIPC

Ivanhoe Energy (IVAN) Responds to Recent Trading Activity

James Karis Teams With Tegal’s (TGAL) Thomas Mika as Co-CEO of Tegal Corporation

Tegal Corporation (NASDAQ:TGAL) today announced that it expects to appoint James Karis as Co-CEO of Tegal Corporation. The appointment will be effective upon completion of Tegal’s pending acquisition of CollabRx, Inc, where Mr. Karis currently serves as CEO and a director. Mr. Karis will join Tegal’s Chairman, President and current CEO Thomas Mika in the Co-CEO role.

Tegal announced earlier today that it has signed a definitive agreement to acquire CollabRx, Inc., a privately held technology company in the rapidly growing market of interpretive content and data analytics for genomics-based medicine. The combined, publicly traded company intends to operate under the CollabRx name and will locate its headquarters in San Francisco, CA. Upon completion of the pending transaction, Mr. Karis also will be appointed to Tegal’s Board of Directors.

Mr. Karis, who became CollabRx CEO in 2011, served for nine years as President and CEO of Entelos, Inc., a U.S.-based life sciences technology company. He previously was President and Chief Operating Officer of PAREXEL International Corporation, Chief Operating Officer of Pharmaco International, and Vice President of International Operations of Baxter International. Mr. Karis also co-founded KMR Group, a leading pharmaceutical research-and-development benchmarking consulting firm. An experienced Director of public and private companies, Mr. Karis has a B.S. Degree in Management and Economics from Purdue University and a Masters in Applied Economics from The American University.

“I am extremely pleased to be working with Thomas Mika to deliver an unrivaled knowledgebase that expresses the relationship between tumor genetic profiles, medical records and prospective therapies,” said Mr. Karis. “We are committed to bringing our valuable tools to physicians and patients who are working together to determine the best approach to treatment.”

“James has guided CollabRx to the vanguard of information and analytics for genomics-based medicine,” said Mr. Mika. “Our entire team is energized about our company’s leadership prospects in this critically important sector.”

Tegal will continue to operate under its current name and ticker symbol for the time being, but plans to seek stockholder approval at its upcoming annual meeting in September 2012 for an amendment to its Certificate of Incorporation, changing its corporate name to CollabRx, Inc.

About Tegal

Since its founding in 1972, Tegal Corporation has been dedicated to the development and application of emerging technologies. For 40 years, Tegal’s process and equipment know-how has been incorporated in devices fabricated by some of the world’s leading semiconductor and MEMS companies, including Tegal’s one-time parent, Motorola. Now entering its fifth decade, Tegal has committed its future to emerging technologies in medical devices and health care. Please visit us on the web at www.tegal.com.

About CollabRx

CollabRx is a recognized leader in “cloud-based” expert systems to inform health care decision-making. CollabRx uses information technology to aggregate and contextualize the world’s knowledge on genomics-based medicine with specific insights from the nation’s top cancer experts starting with the area of greatest need: advanced cancers in patients who have effectively exhausted the standard of care.

Safe Harbor Statement

This press release contains forward-looking statements that may include statements regarding the intent, belief or current expectations of Tegal, CollabRx and their respective management. Forward looking statements include statements about the benefits and advantages of the acquisition for Tegal and CollabRx. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of important factors, including but not limited to the risk that the acquisition will not close as the transaction is subject to certain closing conditions. In addition, if and when the transaction is closed, there will be risks and uncertainties related to Tegal’s ability to integrate CollabRx successfully, the risk that the anticipated benefits from the acquisition may not be fully realized or may take longer to realize than expected; and competition and its effect on the combined company’s performance. Additional factors that may affect future results are contained in the SEC filings for Tegal, including but not limited to Tegal’s Annual Report on Form 10-K for the year ended March 31, 2012. Tegal and CollabRx each disclaim any obligation to update and revise statements contained in this release based on new information or otherwise.