China HGS (HGSH) Appoints Samuel Shen as Chief Financial Officer

Samuel Shen has been a Vice President of Finance for the Company since November 2011. From September 2011 to his appointment, Mr. Shen was Managing Director at Bluehill Investment Advisory Group, a North American and People’s Republic of China based consulting firm, where he helped several U.S.- and Canadian-listed Chinese companies with financial reporting, internal control implementation, and SOX compliance training. From 2006 to 2011, Mr. Shen was an Audit Assurance Manager at MSCM LLP in Toronto, where he managed audit engagements for U.S. and Canadian public companies in real estate, health care, manufacturing, and IT industries. Mr. Shen is fluent in English and Chinese.

Mr. Shen holds a Master of Management and Accounting from the Rotman School of Management, University of Toronto. He has reporting experience under IFRS, U.S. and Canadian GAAP and holds both Chartered Accountant Canada and Certified Public Accountant designations.

“I am very pleased that Samuel accepts the appointment as the Chief Financial Officer and joins our management team. As a young public company in the U.S. capital market, we are in need of talent such as Samuel. We believe that Samuel’s previous experience working with established U.S.-listed Chinese companies will help the Company in further strengthening our corporate governance and internal controls,” said Mr. Xiaojun Zhu, Chairman and Chief Executive Officer of China HGS. “We also expect Samuel to be an effective liaison between the Company and our shareholders and help our investors to gain a better understanding of the Company. We believe that Samuel will be a valuable addition to our leadership team as we execute our business strategies and create value for shareholders.”

About China HGS Real Estate Inc:

China HGS Real Estate Inc., through its wholly owned subsidiary, Shaanxi Guangsha Investment and Development Group Co., Ltd., has specialized since 1995 in real estate development in China’s third-tier and fourth-tier cities. The Company’s real estate properties include multi-layer, sub-high-rise, and high-rise apartment buildings. The Company possesses the national Grade-I real estate qualification and was ranked as the No. 1 property developer in Hanzhong, Shaanxi Province in terms of market share in 2007, 2008, 2009, 2010, and 2011.

Forward-looking Statements:

This press release contains certain statements that may include ‘forward-looking statements’. All statements other than statements of historical fact included herein are ‘forward-looking statements’. These forward looking statements are often identified by the use of forward-looking terminology such as ‘believes,’ ‘expects’ or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Contact:

Company Contact:
Mr. Randy Xiong, Deputy GM
E-mail: xr968@163.net
Tel:  +86 (91) 6262 2612

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

SOURCE China HGS Real Estate Inc.

LodgeNet (LNET) Integrates Broadband and Media Sales Teams to Better Serve Hospitality Customers

Single Point-of-Contact Sales Approach Designed to Drive Growth of Business Operational Streamlining Expands Support for Four Screen Services Strategy

IsoRay’s (ISR) Cesium-131 Prostate Cancer Treatment Featured on Discovery Channel

RICHLAND, WA — (Marketwire) — 05/29/12 — IsoRay Inc. (NYSE Amex: ISR), a medical technology company and innovator in seed brachytherapy and medical radioisotope applications, today announced that Discovery Channel has featured the Company’s Cesium-131 brachytherapy (internal radiation therapy) treatment for localized prostate cancer.

Discovery Channel Chief Medical Expert John Whyte, MD, MPH, spoke with UPMC urologist Dr. Ronald Benoit about the advantages of using Cesium-131 over traditional isotopes. Dr. Benoit explained that UPMC has been using Cesium-131 over a six year period. UPMC’s study found that its patients benefited from the minimally invasive treatment that resulted in reduced urinary problems. Typically, urinary problems last up to 18 months after treatment with other brachytherapy options. When using Cesium-131, Dr. Benoit explained, urinary symptoms were gone in 3 to 6 months. View the Discovery Channel story here.

One in six men will be diagnosed with prostate cancer during their lifetimes. It is the second leading cause of cancer deaths among American men, claiming some 30,000 lives annually. About 1 man in 36 will die of prostate cancer, according to the American Cancer Society, which reports that about 241,740 new cases of prostate cancer will be diagnosed in 2012. Only lung cancer claims the lives of more men each year.

IsoRay is the exclusive manufacturer of Cesium-131. The ground-breaking brachytherapy treatment represents one of the most important advancements in internal radiation therapy in 20 years. Cesium-131 allows for the internal radiation treatment of many different cancers because of its incomparable combination of high energy (its unique tissue penetrating capability reaching just far enough to treat the cancer) and its 9.7 day half-life (its unrivaled speed in giving off therapeutic radiation). The treatment can be deployed using several delivery methods including single seed applicators, implantable strands and mesh, and several new implantable devices.

IsoRay Chairman and CEO Dwight Babcock commented, “Cesium-131’s success in treating low and intermediate risk prostate cancer is just the beginning. IsoRay has built the foundation for the use of Cesium-131 in the successful treatment of cancers throughout the body. We expect more physicians and institutions in the medical community to adopt the use of Cesium-131 for the treatment of multiple cancers as they become aware of its dramatic impact on survivability and quality of life benefits for their patients.”

In addition to its CMS codes, Cesium-131 is FDA-cleared in seed form for the treatment of prostate cancer, lung cancer, ocular melanoma cancer, brain cancer, colorectal cancer, gynecologic cancer, head and neck cancer and other cancers throughout the body.

About IsoRay, Inc.
IsoRay, Inc., through its subsidiary, IsoRay Medical, Inc., is the exclusive producer of Cesium-131 internal radiation therapy, which is expanding brachytherapy options throughout the body and the GliaSite® radiation therapy system, the world’s only balloon catheter device used in the treatment of brain cancer. Learn more about this innovative Richland, Washington company and explore the many benefits and uses of Cesium-131 and the GliaSite® radiation therapy system by visiting www.isoray.com. Join us on Facebook/Isoray. Follow us on Twitter @Isoray.

Safe Harbor Statement
Statements in this news release about IsoRay’s future expectations, including: the advantages of Cesium-131 seed, whether outcomes, including lessened side effects, from this study will be experienced by other users of our products, whether IsoRay will be able to continue to expand its base beyond prostate cancer, whether IsoRay’s Cesium-131 seed and other delivery methods for Cesium-131 will be used to successfully treat additional cancers and malignant disease, whether additional physicians and institutions will adopt the use of Cesium-131 to treat other cancers will be successful, and all other statements in this release, other than historical facts, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”). This statement is included for the express purpose of availing IsoRay, Inc. of the protections of the safe harbor provisions of the PSLRA. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as physician acceptance, training and use of our products, our ability to successfully manufacture, market and sell our products, our ability to manufacture our products in sufficient quantities to meet demand within required delivery time periods while meeting our quality control standards, our ability to enforce our intellectual property rights, whether additional studies are released and support the conclusions of early clinical studies, whether this and other studies with Cesium-131 result in favorable patient outcomes, patient results achieved when Cesium-131 is used for the treatment of cancers and malignant diseases beyond prostate cancer, successful completion of future research and development activities, and other risks detailed from time to time in IsoRay’s reports filed with the SEC.

Contact:
Sharon Schultz
(301) 351-0109

BancTrust Financial (BTFG) and Trustmark Corp. Announce Definitive Merger Agreement

Trustmark Corporation (NASDAQ:TRMK) (“Trustmark”) and BancTrust Financial Group, Inc. (NASDAQ:BTFG) (“BancTrust”) announced today the signing of a definitive agreement pursuant to which BancTrust will merge into Trustmark. BancTrust has 49 offices throughout Alabama and the Florida Panhandle with $1.3 billion in loans and $1.8 billion in deposits as of March 31, 2012.

Under the terms of the definitive agreement, which has been approved unanimously by the Boards of Directors of both companies, holders of BancTrust common stock will receive 0.125 shares of Trustmark common stock for each share of BancTrust common stock in a tax-free exchange. Trustmark will issue approximately 2,245,923 shares of its common stock for all issued and outstanding shares of BancTrust common stock. Based upon a price of $24.66 per share of Trustmark common stock, the transaction is valued at approximately $55.4 million, or $3.08 per share of BancTrust common stock. Trustmark intends to repurchase the $50.0 million of BancTrust preferred stock and associated warrant issued to the U. S. Department of Treasury under the Capital Purchase Program.

Daniel A. Grafton, Chairman of Trustmark, said, “BancTrust is a respected financial institution with long-standing customer relationships. This transaction provides an excellent opportunity for Trustmark to enhance its franchise by expanding into attractive Alabama markets, including Mobile and Montgomery, as well as increase scale in our existing Florida Panhandle markets.”

Gerard R. Host, President and Chief Executive Officer of Trustmark, commented, “This is a strategic opportunity that will be meaningfully accretive to Trustmark’s earnings per share in 2013 and beyond. We have completed extensive due diligence, including multiple reviews of BancTrust’s loan portfolio and significant real estate collateral. We understand the inherent credit risk of the portfolio, and we have a proven record of managing real estate related assets in a challenging economic environment. Trustmark’s pro forma capital will continue to significantly exceed ‘well-capitalized’ levels, providing capacity for loan growth in an improving economy.”

W. Bibb Lamar, Jr., President and Chief Executive Officer of BancTrust, stated, “We are delighted to become a part of the Trustmark organization and believe that the combination created by our two companies will enable us to better serve our customers through a broader array of products and services. Trustmark’s reputation, financial strength and capabilities will enhance our ability to meet the expanding needs of our customers. Our shareholders will be receiving shares of a very strong, successful banking company.”

The transaction is expected to close during the fourth quarter of 2012 and is subject to approval by regulatory authorities and BancTrust’s shareholders, as well as certain other customary closing conditions.

Trustmark was advised by the investment banking firm Sandler O’Neill + Partners, L.P., as well as the law firm Wachtell, Lipton, Rosen & Katz. BancTrust was advised by the investment banking firm Keefe, Bruyette & Woods, Inc., and the law firms Hand Arendall and DLA Piper LLP (US).

ADDITIONAL INFORMATION

Additional information regarding this transaction is available on the investor relations section of Trustmark’s website at www.trustmark.com. Trustmark and BancTrust executives will conduct a conference call with analysts on Tuesday, May 29, 2012, at 9:00 a.m. Central Time to discuss this announcement. Interested parties may listen to the conference call by dialing (877) 883-0383, pass code 1701266 or by clicking on the link provided under the Investor Relations section of Trustmark’s website at www.trustmark.com. A replay of the conference call will also be available through June 14, 2012 in archived format at the same web address or by calling (877) 344-7529, pass code 10014734. Additional material information regarding this announcement is also available in a presentation on the investor relations section of Trustmark’s website at www.trustmark.com.

Trustmark is a financial services company providing banking and financial solutions through over 170 offices in Florida, Mississippi, Tennessee and Texas.

BancTrust Financial Group, Inc. is a registered bank holding company headquartered in Mobile, Alabama, and provides an array of traditional financial services through 40 bank offices in the southern two thirds of Alabama and nine bank offices in northwest Florida.

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In connection with the proposed merger between Trustmark and BancTrust, Trustmark will file with the Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4 that will include a proxy statement of BancTrust and a prospectus of Trustmark. BancTrust shareholders are urged to read the proxy statement/prospectus regarding the proposed transaction when it becomes available, as well as other documents filed with the SEC, because they will contain important information. You will be able to obtain a copy of the proxy statement/prospectus, as well as other filings containing information about Trustmark and BancTrust, without charge, at the SEC’s website (www.sec.gov). You may also obtain copies of all documents filed with the SEC, without charge, by directing a request to F. Joseph Rein, Jr., Trustmark Corporation, 248 East Capitol Street, Suite 310, Jackson, Mississippi 39201, telephone 601-208-6898 or F. Michael Johnson, BancTrust Financial Group, Inc., 107 St. Francis Street, P.O. Box 3067, Mobile, Alabama 36602, telephone 251-431-7813.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “continue,” “could,” “future” or the negative of those terms or other words of similar meaning. You should read statements that contain these words carefully because they discuss our future expectations or state other “forward-looking” information. These forward-looking statements involve a number of risks and uncertainties. Trustmark and BancTrust caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. Such forward-looking statements include, but are not limited to, statements about the benefits of the proposed merger involving Trustmark and BancTrust, Trustmark’s and BancTrust’s plans, objectives, expectations and intentions, the expected timing of completion of the transaction, and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth in Trustmark’s and BancTrust’s filings with the SEC. These include risks and uncertainties relating to: the ability to obtain the requisite BancTrust shareholder approval; the risk that Trustmark or BancTrust may be unable to obtain governmental and regulatory approvals required for the merger, or required governmental and regulatory approvals may delay the merger or result in the imposition of conditions that could cause the parties to abandon the merger; the risk that a condition to closing of the merger may not be satisfied; the timing to consummate the proposed merger; the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the transaction may not be fully realized or may take longer to realize than expected; disruption from the transaction making it more difficult to maintain relationships with customers, employees or suppliers; the diversion of management time on merger-related issues; general worldwide economic conditions and related uncertainties; the effect of changes in governmental regulations; and other factors discussed or referred to in the “Risk Factors” section of each of Trustmark’s and BancTrust’s most recent Annual Report on Form 10-K filed with the SEC. Each forward-looking statement speaks only as of the date of the particular statement and neither Trustmark nor BancTrust undertakes any obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

PARTICIPANTS IN THE MERGER SOLICITATION

Trustmark, BancTrust and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from BancTrust shareholders in connection with the proposed transaction. Information about Trustmark’s directors and executive officers is set forth in its proxy statement for its 2012 Annual Meeting of Stockholders, which was filed with the SEC on March 30, 2012, and its Annual Report on Form 10-K for the year ended December 31, 2011, filed on February 27, 2012. These documents are available free of charge at the SEC’s website at www.sec.gov, or by going to Trustmark’s Investor Relations page on its corporate website at www.trustmark.com. Information about BancTrust’s directors and executive officers is set forth in its proxy statement for its 2011 Annual Meeting of Stockholders, which was filed with the SEC on April 12, 2011, and its Annual Report on Form 10-K for the year ended December 31, 2011, filed on April 12, 2012, as amended on April 27, 2012. These documents are available free of charge at the SEC’s website at www.sec.gov, or by going to BancTrust’s Investor Relations page on its corporate website at www.banktrustonline.com. Additional information regarding the interests of participants in the solicitation of proxies in connection with the transaction will be included in the proxy statement/prospectus that Trustmark intends to file with the SEC.

Infrastructure Developments Corp. (IDVC) Issues Corporate and Shareholder Update

SALT LAKE CITY, May 29, 2012 (GLOBE NEWSWIRE) — Infrastructure Developments Corp. (OTCBB:IDVC) (the “Company”) wishes to clarify certain considerations regarding the public market for its common stock and recent business development activities.

Over the past fifteen months the Company borrowed $214,000 from an investment firm to finance the startup of its U.S. Navy “Lido” project in Indonesia as well as for general corporate expenses. The Company borrowed the funds on terms that included a conversion option at a discount to the trading price in the market. The subsequent conversion of the debt to stock, and the apparent liquidation of stock in the market, resulted in a significant increase in IDVC’s public float which increase may have resulted in the drop in IDVC’s stock price over the past ten months.

Except for $2,000, all convertible debt that is currently entitled to conversion has been converted to stock as of today’s date. The Company plans to repay the remaining balance of $39,000 that will become convertible beginning in September 2012 prior to any such conversion.

The Company’s losses from the Lido project – due to disputes with local subcontractors and the subsequent termination of the project – resulted in its inability to repay the previous convertible debt. As detailed in the Company’s quarterly and annual reports, its Asian region U.S. military contracting operations division has been suspended due to low margins, heavy competition, and lack of funding to advance start up cash for larger projects.

As also reported in the Company s annual and quarterly reports, it has written off all losses from its quarry operation in the United Arab Emirates, converted nearly all outstanding debt to equity, and has now stabilized its financial situation. The Company is in position now to grow it new businesses with a clean balance sheet and reduced operating losses.

“Due to the previous economic downturn, increased competition in our target markets, and military funding reorganization, we were not as successful in procuring government contracts in the past year,” stated the Company’s ‘s CEO Thomas R. Morgan. “However, with the diversification of our business model into the clean energy arena, coupled with the realignment of strategy as it applies to military activities and other Southeast Asian operations, I am hopeful that we will regain our corporate foothold. I look forward to a much improved outlook for the second half of the current fiscal year.”

The Company continues to evaluate the potential acquisition of InterMedia Development Corporation, a media production company and defense contractor based in Fairfax, Virginia. The Company is awaiting audited financial statements from InterMedia as required to proceed with a merger.

The Company is also in the process of formalizing its relationship with Cleanfield Energy, Inc., with a proposed acquisition plan being currently negotiated and expected to close within the week. Cleanfield is properly set up for compressed natural gas conversions in the Southwest U.S., and is currently bidding on fleet conversions.

Lastly, the Company has been selectively bidding to manage private projects in the booming Thailand construction market, and believes that it will be successful in winning projects that have clear profit margins and no advance funding requirements.

Forward-Looking Statements:

A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties including the acquisition of InterMedia and Cleanfield as subsidiaries, the Company’s ability to procure design and management projects, competitive market conditions, and its s prospects for securing additional sources of financing as required. The actual results that the Company may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. The Company encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-Q and Form 10-K. The Company’s public filings may be viewed at www.sec.gov.

CONTACT: Infrastructure Developments Corp.
         Thomas Morgan, CEO
         801.488.2006
         trmorgan@idvc.us
         www.idvc.us

Daulton Capital Corp. (DUCP) to Acquire 6-18M Ounce Resource in Queensland, Australia

MissionIR Features SEFE (SEFE) in Exclusive Interview Featuring CEO Don Johnston

ATLANTA, GA — (Marketwire) — 05/29/12 — MissionIR today announces that its interview with Don Johnston, the Chief Executive Officer of SEFE, Inc. (OTCBB: SEFE), is now available online. The complete interview can be heard at http://sefe.missionir.com/sefe/interview.html.

Mr. Johnston provided a brief overview of the company and its targeted markets, individuals comprising the management team, the key advantages of its Harmony III atmospheric energy system, expansion of its intellectual property portfolio, and future plans to acquire other companies in the green space or form joint ventures.

“It has been a busy year for us,” Mr. Johnston stated in the interview. “We have recently moved our research laboratory in Boulder, Colorado, to a larger facility adjacent to the University of Colorado. As mentioned earlier, the university is a leader in the exploration of atmospheric phenomena. We believe entry into a partnership may accelerate the development of our Harmony projects and provide access to significant resources we will require for the ongoing testing of our products.”

About SEFE, Inc.

SEFE focuses on pushing the boundaries of what’s possible, embracing innovation and employing the cutting-edge to solve problems, and offering sustainable solutions to a world hungry for invention, direction and leadership. SEFE is technology- and solutions-driven, focusing on developing inventions that provide a real-world impact and true profitability. So, success is measured by both a sustainable return on investment, as well as a project’s sustainability from an environmental perspective.

For more information, visit www.SEFElectric.com

About MissionIR

MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.

To sign up for The MissionIR Report, please visit http://www.MissionIR.com

To connect with MissionIR via Facebook, please visit http://www.Facebook.com/MissionIR

To connect with MissionIR via Twitter, please visit http://www.Twitter.com/MissionIR

Please read FULL disclaimer on the MissionIR website: http://Disclaimer.MissionIR.com

Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company’s actual results to differ materially from those indicated in any forward-looking statements.

Contacts:
SEFE, Inc.
Justin Ackerman
714-495-1927
ir@sefelectric.com

Mission Investor Relations
Atlanta, Georgia
www.MissionIR.com
404-941-8975

Frontier Airlines’ (RJET) Allentown-Orlando Service Takes Flight

Frontier Airlines’ new year-round, nonstop service between Lehigh Valley International Airport (ABE) and Orlando International Airport (MCO) takes flight May 26, connecting Allentown, Penn.-area travelers to one of America’s most-visited destinations. The new service will operate on Tuesday and Saturday.

“We’re already seeing a great response to our nonstop, low-fare flights between Allentown and Orlando,” said Greg Aretakis, vice president of Network and Revenue for Frontier. “It’s clear that local residents value being able to fly nonstop to the airport that’s closest to Orlando’s popular theme parks and other attractions.” Frontier is the only airline that flies between Allentown and Orlando International Airport.

Following is the schedule for the new route:

Allentown-Orlando (begins May 26, 2012)

Flights will operate on 138-seat Airbus 319 aircraft, featuring 24 channels of DirecTV^® and three channels of hit movies at every seat. STRETCH seating, with an additional 5 to 7 inches of legroom, and the airline’s new SELECT seating product are available on every flight. FrontierAirlines.com, the airline’s website, offers its guaranteed lowest fares and is the only place STRETCH seating and SELECT seating are available at the time of booking.

For more information or to purchase a Frontier flight, visit FrontierAirlines.com.

Frontier Airlines is a wholly owned subsidiary of Republic Airways Holdings, Inc. (NASDAQ:RJET).

About Frontier Airlines

Frontier Airlines is a wholly owned subsidiary of Republic Airways Holdings, Inc. (NASDAQ: RJET), an airline holding company that also owns Chautauqua Airlines, Republic Airlines and Shuttle America. Currently in its 18^th year of operations, Frontier offers service to more than 70 destinations in the United States, Mexico, Costa Rica, Jamaica and the Dominican Republic. The airline employs 5,000 aviation professionals, operating from its hub at Denver International Airport. For in-depth information on Frontier Airlines and to book tickets, visit FrontierAirlines.com.

Kopin (KOPN) to Present at Cowen and Company 40th Annual Technology, Media & Telecom Conference

Kopin Corporation (NASDAQ: KOPN) today announced that its senior management will present at the Cowen and Company 40^th Annual Technology, Media & Telecom Conference on Wednesday, May 30 at 8:45 a.m. (ET) in New York City.

The presentation by President and Chief Executive Officer Dr. John C.C. Fan and Richard Sneider, the Company’s Treasurer and Chief Financial Officer, will be available in real time and archived on the “Investors” section of the Kopin website, www.kopin.com.

About Kopin

Kopin Corporation’s voice-activated, wireless, hands-free Golden-i^® mobile computing headsets, ruggedized military imaging systems, ultra-small liquid crystal displays and heterojunction bipolar transistors (HBTs) are revolutionizing the way people around the world see, hear and communicate. Kopin has shipped more than 30 million displays for a range of consumer and military applications including digital cameras, personal video eyewear, camcorders, thermal weapon sights and night vision systems. The Company’s unique HBTs, which help to enhance battery life, talk time and signal clarity, have been integrated into billions of wireless handsets as well as into WiFi, VoIP and high-speed Internet data transmission systems. Kopin’s proprietary display and HBT technologies are protected by more than 200 global patents and patents pending. For more information, please visit Kopin’s website at www.kopin.com and www.mygoldeni.com.

Kopin, CyberDisplay, Golden-i and The NanoSemiconductor Company are trademarks of Kopin Corporation.

Kopin – The NanoSemiconductor Company™

Immunomedics (IMMU) to Present Final Results of Pancreatic Cancer Study

MORRIS PLAINS, N.J., May 25, 2012 (GLOBE NEWSWIRE) — Immunomedics, Inc. (Nasdaq:IMMU), a biopharmaceutical company primarily focused on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases, today announced that two presentations will be given at the 2012 Annual Meeting of the American Society of Clinical Oncology scheduled for June 1 – 5, 2012, in Chicago, Illinois. The schedule and meeting places for the presentations, together with the abstract numbers are listed below:

• “Phase I/II study of ⁹⁰Y-clivatuzumab tetraxetan (⁹⁰Y-hPAM4) combined with gemcitabine (Gem) in advanced pancreatic cancer (APC): Final results” [Abstract No. 4043, General Poster Session, Session Title: Gastrointestinal (Noncolorectral) Cancer, Poster Board No. 41B, Monday, June 4, 8:00 a.m. – 12:00 p.m., S Hall A2]
• “Therapy of human solid tumor xenografts with CD74-targeted milatuzumab-SN-38 immunoconjugates” [Abstract No. 3091, General Poster Session, Session Title: Developmental Therapeutics – Experimental Therapeutics, Poster Board No. 19A, Monday, June 4, 8:00 a.m. – 12:00 p.m., S Hall A2]

About Immunomedics

Immunomedics is a New Jersey-based biopharmaceutical company primarily focused on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases.  We have developed a number of advanced proprietary technologies that allow us to create humanized antibodies that can be used either alone in unlabeled or “naked” form, or conjugated with radioactive isotopes, chemotherapeutics, cytokines or toxins, in each case to create highly targeted agents.  Using these technologies, we have built a pipeline of therapeutic product candidates that utilize several different mechanisms of action.  We also have a majority ownership in IBC Pharmaceuticals, Inc., which is developing a novel Dock-and-Lock (DNL) methodology with us for making fusion proteins and multifunctional antibodies, and a new method of delivering imaging and therapeutic agents selectively to disease, especially different solid cancers (colorectal, lung, pancreas, etc.), by proprietary, antibody-based, pretargeting methods.  We believe that our portfolio of intellectual property, which includes approximately 199 patents issued in the United States and more than 400 foreign patents, protects our product candidates and technologies.  For additional information on us, please visit our website at www.immunomedics.com.  The information on our website does not, however, form a part of this press release.

This release, in addition to historical information, may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995.  Such statements, including statements regarding clinical trials, out-licensing arrangements (including the timing and amount of contingent payments), forecasts of future operating results, potential collaborations, and capital raising activities, involve significant risks and uncertainties and actual results could differ materially from those expressed or implied herein.  Factors that could cause such differences include, but are not limited to, risks associated with any cash payment that the Company might receive in connection with a sublicense involving a third party and UCB, which is not within the Company’s control, new product development (including clinical trials outcome and regulatory requirements/actions), our dependence on our licensing partners for the further development of epratuzumab for autoimmune indications and veltuzumab for non-cancer indications, competitive risks to marketed products and availability of required financing and other sources of funds on acceptable terms, if at all, as well as the risks discussed in the Company’s filings with the Securities and Exchange Commission.  The Company is not under any obligation, and the Company expressly disclaims any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: Dr. Chau Cheng
         Director, Investor Relations & Grant Management
         (973) 605-8200, extension 123
         ccheng@immunomedics.com

New York Mortgage Trust (LTS) Announces Pricing of Public Offering of Common Stock

NEW YORK, May 25, 2012 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq:NYMT) (“NYMT” or the “Company”) announced today that it priced an underwritten registered public offering of 2,750,000 shares of common stock at a public offering price of $6.65 per share. NYMT also granted the underwriters an option to purchase up to an additional 412,500 shares of common stock to cover over-allotments, if any. The offering is subject to customary closing conditions and is expected to close on May 31, 2012. Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS), is serving as sole bookrunning manager for the offering. Aegis Capital Corp., Maxim Group LLC and National Securities Corporation are serving as co-managers.

NYMT expects to use the net proceeds of this offering to acquire certain of the Company’s targeted assets, including commercial mortgage-backed securities collateralized by multi-family loans (“multi-family CMBS”) and Agency residential mortgage-backed securities (“RMBS”). The Company may also use net proceeds for general working capital purposes, including the repayment of indebtedness.

A registration statement related to the securities was declared effective by the Securities and Exchange Commission.  The offering of NYMT’s common stock will be made only by means of a prospectus supplement and accompanying prospectus, copies of which, when available, may be obtained by contacting Ladenburg Thalmann & Co. Inc., 520 Madison Avenue, Ninth Floor, New York, NY 10022, or by telephone at (212) 409-2000.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the offered shares or any other securities, nor shall there be any sale of such shares or other securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or other jurisdiction.

About New York Mortgage Trust

New York Mortgage Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (“REIT”). The Company invests in mortgage-related and financial assets and targets multi-family CMBS and Agency RMBS, including Agency RMBS consisting of adjustable-rate and hybrid adjustable-rate RMBS and Agency IOs consisting of interest only and inverse interest only RMBS that represent the right to the interest component of the cash flow from a pool of mortgage loans.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve numerous risks and uncertainties. The Company’s actual results may differ from its beliefs, expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements are not historical in nature and can be identified by words such as “anticipate,” “estimate,” “will,” “should,” “expect,” “believe,” “intend,” “seek,” “plan” and similar expressions or their negative forms, or by references to strategy, plans, or intentions. Forward-looking statements are based on the Company’s beliefs, assumptions and expectations of its future performance, taking into account all information currently available to it. No assurance can be given that the offering discussed above will be completed on the terms described or at all, or that the net proceeds of the offering will be used as indicated. Completion of the offering on the terms described, and the application of the net proceeds of the offering, are subject to numerous possible events, factors and conditions, many of which are beyond the control of the Company and not all of which are known to the Company, including, without limitation, market conditions and those described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2011 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2012, all of which can be accessed at the SEC’s website (www.sec.gov). All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect the Company. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

CONTACT: AT THE COMPANY

         Steven R. Mumma
         Chief Executive Officer and President
         Phone:  212-792-0109
         Email: smumma@nymtrust.com

GreenHunter Water (GRH) Further Expands Equipment Fleet in Appalachian Region

GreenHunter Energy, Inc. (NYSE MKT: GRH), a diversified renewable energy company predominately focused on water resource management in the unconventional oil and natural gas shale resource plays, announced today that its wholly owned subsidiary, GreenHunter Water, LLC, has completed the purchase of new rolling stock equipment assets to service oil and gas operators active in the Marcellus and Utica Shale plays located in the states of Pennsylvania, Ohio and West Virginia. The equipment consists of ten new Peterbilt 388 trucks (2012 model year), five new 150 BBL aluminum vacuum trailers and five new 130 BBL steel vacuum trailers.

To facilitate the purchase, the Company expanded an existing commercial loan facility with an Appalachia regional bank. The loan was increased from our existing lending facility of $800,000 to $2.5 million. This loan facility is secured by future accounts receivable to be generated under a new long term contract with a large Texas based independent exploration and production company active in the Appalachian region. The equipment is scheduled to be delivered to the Appalachian region by the end of May and is anticipated to be 100% utilized by the middle of June.

Commenting on this business expansion, Jonathan D. Hoopes, GreenHunter President and COO, stated, “This most recent addition to our hauling and logistics fleet will help to right-size our asset base relative to current demand which will allow us to reduce our dependence on third-party operators. We anticipate continuing our trend of realizing improved margins as we fine tune our operations and integrate these new trucks with our barge terminal leases and bulk-storage facilities. Our customers remain very active in the liquids rich regions of the Marcellus and Utica Shale plays despite current natural gas price levels.”

About GreenHunter Water, LLC (a wholly owned subsidiary or GreenHunter Energy, Inc.)

GreenHunter Water, LLC provides Total Water Management Solutions™ in the oilfield. An understanding that there is no single solution to E&P fluids management shapes GreenHunter’s technology-agnostic approach to services. In addition to licensing of and joint ventures with manufacturers of mobile water treatment systems (Frac-Cycle^TM), GreenHunter Water is expanding capacity of salt water disposal facilities, next-generation modular above-ground storage tanks (MAG Tank™), advanced hauling and fresh water logistics services—including 21st Century tracking technologies (RAMCAT^TM) that allow Shale producers to optimize the efficiency of their water resource management and planning while complying with emerging regulations and reducing cost.

Additional information about GreenHunter Water may be found at www.GreenHunterWater.com.

Forward-Looking Statements

Any statements in this press release about future expectations and prospects for GreenHunter Energy and its business and other statements containing the words “believes,” “anticipates,” “plans,” “expects,” “will” and similar expressions constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the substantial capital expenditures required to fund its operations, the ability of the Company to implement its business plan, government regulation and competition. GreenHunter Energy undertakes no obligation to update these forward-looking statements in the future.

SoundBite Communications (SDBT) to Discuss Keys to Unlocking Mobile Databases

Interactive CRMC Session, “Mobile Databases and Consumer Behavior: What They Say, What They Want and Knowing the Difference”

BEDFORD, Mass., May 25, 2012 (GLOBE NEWSWIRE) — SoundBite Communications, Inc. (Nasdaq:SDBT), a leading provider of Mobile Marketing and Hosted Contact Center solutions, will be joining executives representing more than 100 leading retailers in Chicago at the Customer Relationship Management Conference (CRMC), May 29- 31, to network, exchange success stories and gain insight into marketing and CRM strategies.

In addition to exhibiting at CRMC, SoundBite Communications will host a roundtable, discussing “Mobile Databases and Consumer Behavior: What They Say, What They Want and Knowing the Difference.” The interactive discussion will explore standard-setting strategies for tying mobile databases to consumer behavior to leverage profitable business insight. Joe Dacey, director of strategic mobile services for SoundBite Communications Mobile Services Business Unit, will share keys to growing, managing and acting on consumer databases that advance mobile marketing efforts and drive business growth.

Roundtable attendees will leave the session armed with:

• Strategies for identifying accurate consumer preferences and trends;
• Proven methodologies for targeting consumers based on preferences and action; and
• Best practices for growing, managing and acting upon mobile databases to improve business results.

Dacey comments, “According to a new whitepaper developed from a survey we did in conjunction with Luth Research, Mobile Marketing enables companies to increase revenue, heighten brand awareness and grow loyalty programs. As the success of Mobile Marketing depends on the quality of your customer database, retailers with advanced mobile database strategies will emerge as industry leaders.” He continued, “Consumer data captured via the mobile channel can be integrated with other databases to glean valuable customer insight for managing consumer preferences and building targeted offers.”

Download the complimentary whitepaper, “Seizing the Mobile Marketing Opportunity” to gain insight into how marketing executives today are mobilizing their loyalty marketing programs.

About SoundBite Communications

SoundBite Communications, a leading provider of cloud-based customer communications, enables organizations to build lifelong, profitable customer relationships across the full consumer lifecycle. It serves two global markets, the Hosted Contact Center and Mobile Marketing. Its solutions leverage the power of two robust platforms: SoundBite Engage^TM, an interactive multi-channel communications platform providing integrated SMS, dialer, voice messaging, email and web communications; and SoundBite Insight^TM, a preference management platform enabling intelligent, personalized communications. SoundBite powers nearly 2 Billion of customer interactions annually. Visit SoundBite.com for more information.

The SoundBite Communications, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4393

SoundBite is a registered service mark of SoundBite Communications, Inc.

CONTACT: IR & Media Contact:
         Lynn Ricci
         SoundBite Communications
         781-897-2696
         lricci@soundbite.com

Extorre (XG) Adopts Shareholder Rights Plan

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/25/12 — Extorre Gold Mines Limited’s (NYSE Amex:XG) (NYSE MKT:XG) (TSX:XG) (FRANKFURT:E1R) (“Extorre” or the “Company) board of directors has approved the adoption of a Shareholder Rights Plan (the “Plan”). The Plan is effective as of today but is subject to shareholder ratification within six months in order to remain in place.

The purpose of the Plan is to provide shareholders and the Company’s Board of Directors with adequate time to consider and evaluate any unsolicited bid made for the Company, to provide the Board with adequate time to identify, develop and negotiate value-enhancing alternatives, if considered appropriate, to any such unsolicited bid, to encourage the fair treatment of shareholders in connection with any take-over bid for the Company and to ensure that any proposed transaction is in the best interests of the Company’s shareholders.

Effective May 25, 2012, rights (the “Rights”) were issued and attached to all Extorre common shares. A separate Rights certificate will not be issued until such time as the Rights become exerciseable. The Rights will become exercisable only if a person, together with its affiliates, associates and joint actors, acquires or announces its intention to acquire beneficial ownership of shares which when aggregated with its current holdings total 20% or more of the Company’s outstanding common shares (determined in the manner set out in the Plan), other than by a Permitted Bid (as described in the Plan). Following the acquisition of more than 20% of the Extorre outstanding common shares by any person (and its affiliates, associates and joint actors), except for a Permitted Bid, each Right held by a person other than the acquiring person (and its affiliates, associates and joint actors) would, upon exercise, entitle the holder to purchase Extorre common shares at a substantial discount to their then prevailing market price. Permitted Bids under the Plan must meet the following conditions, among others: it is made by way of a take-over bid circular prepared in compliance with applicable securities laws, made to all shareholders of the Company for all common shares, and must remain open for a minimum of 60 days.

A copy of the Plan was provided to the Toronto Stock Exchange (the “TSX”). The TSX has accepted notice for filing of the Plan subject to, among other things, evidence of shareholder approval of the Plan within six months and public disclosure of this news release. The Company intends to hold a shareholders’ meeting to approve the Plan within six months.

A copy of the Plan is available on SEDAR at www.sedar.com and on the Company’s web page.

About Extorre

Extorre is a Canadian public company listed on the Toronto and NYSE MKT (formerly AMEX) Exchanges (symbol XG). The principal assets of the Company are comprised of CDN $27 million in cash and the Cerro Moro, Puntudo and Don Sixto projects in Argentina.

You are invited to visit the Extorre web site at www.extorre.com.

NEITHER THE TSX NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE

Contacts:
Extorre Gold Mines Limited
Mr. Trevor Mulroney
President and Chief Executive Officer
604.681.9512 or Toll-free: 1.888.688.9512
604.688.9532 (FAX)
extorre@extorre.com

Extorre Gold Mines Limited
Rob Grey
VP Corporate Communications
604.681.9512 or Toll-free: 1.888.688.9512
604.688.9532 (FAX)
extorre@extorre.com

Extorre Gold Mines Limited
Suite 1660, 999 West Hastings St.
Vancouver, BC Canada V6C 2W2
604.681.9512 or Toll-free: 1.888.688.9512
604.688.9532 (FAX)

Dehaier (DHRM) Extends of Exclusive Distribution Authorization Of IMD through 2014

Ku6 Media (KUTV) Announces Partnership with Kaixin001

BEIJING, May 24, 2012 /PRNewswire-Asia/ — Ku6 Media Co., Ltd. (“Ku6 Media” or the “Company”, Nasdaq: KUTV), a leading internet video company in China, focusing on User Generated Content (UGC), today announced that it has entered into an agreement with famous Chinese SNS website Kaixin001.com (“Kaixin001”).

Pursuant to the agreement, Ku6 Media, as the video hosting provider, is assisting Kaixin001 to add a brand new video sharing function by supplying technology support to all video uploading activities on Kaixin001.  Users on Kaixin001 will enjoy a one-stop service that enables them to upload, store and share their videos without leaving the website.  Meanwhile, users on Ku6 Media’s platform can share the videos with their friends on Kaixin001 by only one click.

Mr. Jeff Shi, Chief Executive Officer of Ku6 Media, commented, “We are very pleased with the cooperation with Kaixin001.  We believe our cooperation can help enlarging Ku6’s user base as well as richening our users’ online experience.  We also hope our videos and service can bring users on Kaixin001 more fulfilling experiences and more joy.”

Mr. Binghao Cheng, Chief Executive Officer of Kaixin001, added, “We are very excited about partnering up with Ku6 Media.  Our video sharing function is an important feature we have launched recently.  We believe it will enhance our user experience by bringing them abundant video content and also by providing a great platform for them to share their original videos.”

About Kaixin001.com

Kaixin001.com, founded in March 2008, is one of the leading and most influential social networking websites in China.  It locks on people who create social wealth and mainstream culture as core users; moreover, it has always devoted itself in offering a real and relaxed interactive platform for Chinese net citizen by exploring and satisfying users’ needs, improving users’ experience and keeping innovation on technology and products.  In general, Kaixin001.com provides rich and useful social tools, including diary, photo album, note, repast, and social game etc, which help users to easily communicate and share information with family members, friends, classmates and colleagues.

About Ku6 Media Co., Ltd.

Ku6 Media Co., Ltd. (Nasdaq: KUTV) is a leading internet video company in China, focusing on User Generated Content (UGC).  Through its premier online brand and online video website, www.ku6.com, Ku6 Media provides online video upload and sharing service, video reports, information and entertainment in China.  For more information about Ku6 Media, please visit http://ir.ku6.com.

Safe Harbor Statement

This news release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “believes,” “could,” “expects,” “may,” “might,” “should,” “will,” or “would,” and by similar statements. Forward-looking statements are not historical facts, but instead represent only the Company’s beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside of its control. It is possible that the Company’s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Some of the risks and important factors that could affect the Company’s future results and financial condition include: continued competitive pressures in China’s internet video portal market; changes in technology and consumer demand in this market; the risk that Ku6 Media may not be able to control its expenses in the future; regulatory changes in China with respect to the operations of internet video portal websites; the success of Ku6 Media’s ability to sell advertising and other services on its websites; and other risks outlined in the Company’s filings with the Securities and Exchange Commission, including the Company’s annual report on Form 20-F. Ku6 Media does not undertake any obligation to update this forward-looking information, except as required under law.

Dynasil (DYSL) Signs Technology Collaboration Agreement with Mayo Clinic

Dynasil Corporation of America (NASDAQ: DYSL) today announced that it has entered into a technology collaboration agreement with Mayo Clinic, a not-for-profit worldwide leader in medical care, research and education for people from all walks of life. The first project under the collaborative agreement will focus on the development of a therapeutic hypothermia core cooling technology designed to protect the brain during cardiac arrest and traumatic brain injury. Separately, Dynasil and Mayo Clinic are working together on a blood storage technology designed to extend the shelf life of blood products.

The collaboration agreement addresses issues such as reimbursement for development costs as well as the role each party will play in patent protection and commercialization. It broadens a relationship that began in 2011, when Dynasil acquired a biomedical technology portfolio from hematologist Dr. Daniel Ericson. The portfolio included several discoveries owned jointly by Dr. Ericson and Mayo Clinic.

“This agreement establishes the intellectual property and commercialization framework through which Dynasil and Mayo Clinic will advance early-stage innovations to patented products for therapeutic applications,” said Steven Ruggieri, president and chief executive officer of Dynasil. “As one of the world’s leading not-for-profit medical care and research institutions, Mayo Clinic is a wellspring of inventions and discoveries that have the potential to transform healthcare. Dynasil uniquely complements Mayo Clinic’s initiatives with unsurpassed research, development and manufacturing expertise, coupled with a unique ability to assess and prioritize discoveries for commercialization. We are excited about this collaboration and we believe it provides significant growth potential for our Company.”

About Dynasil

Dynasil Corporation of America (NASDAQ: DYSL) develops and manufactures detection and analysis technology, precision instruments and optical components for the homeland security, medical and industrial markets. Combining world-class technology with expertise in research and materials science, Dynasil is commercializing products including dual-mode radiation detection solutions for Homeland Security and commercial applications, probes for medical imaging and sensors for non-destructive testing. Dynasil has an impressive and growing portfolio of issued and pending U.S. patents. The Company is based in Watertown, Massachusetts, with additional operations in Mass., Minn., NY, NJ and the United Kingdom. More information about the Company is available at www.dynasil.com.

About Mayo Clinic

Mayo Clinic is a not-for-profit worldwide leader in medical care, research and education for people from all walks of life. For more information, visit MayoClinic.com or MayoClinic.org/news.

Forward-looking Statements

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements regarding future events and our future results are based on current expectations, estimates, forecasts, and projections and the beliefs and assumptions of our management. These forward-looking statements may be identified by the use of words such as “may,” “could,” “expect,” “estimate,” “anticipate,” “continue” or similar terms, though not all forward-looking statements contain such words. The actual results of the future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements due to a number of important factors. These factors that could cause actual results to differ from those anticipated or predicted include, without limitation, our ability to develop and commercialize our products, the size and growth of the potential markets for our products and our ability to serve those markets, the rate and degree of market acceptance of any of our products, general economic conditions, costs and availability of raw materials and management information systems, our ability to obtain and maintain intellectual property protection for our products, competition, the loss of key management personnel, litigation, the effect of governmental regulatory developments, the availability of financing sources, our ability to identify and execute on acquisition opportunities and integrate such acquisitions into our business, and seasonality, as well as the uncertainties set forth in the Company’s Annual Report on Form 10-K and from time to time in the Company’s other filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Frederick’s of Hollywood (FOH) Announces Closing of $5.0 Million Preferred Stock Equity Investment

Merchandise vendors agree to approximately $4.9 million in markdown allowances

HOLLYWOOD, Calif., May 24, 2012 /PRNewswire/ — Frederick’s of Hollywood Group Inc. (NYSE MKT: FOH) (the “Company”) announced today that it has sold $5.0 million of Series A Convertible Preferred Stock to TTG Apparel, LLC (the “Purchaser”), which together with its affiliates, are significant shareholders of the Company. The preferred stock is convertible into an aggregate of 4,761,905 shares of the Company’s common stock at a conversion price of $1.05 per share.  Dividends on the preferred stock are payable in additional shares of preferred stock at an initial annual rate of 9%, and such dividend shares are convertible into shares of common stock at a conversion price of $0.45 per share. The Company also issued to the Purchaser three, five and seven-year warrants, each to purchase 500,000 shares of common stock at exercise prices of $0.45, $0.53 and $0.60 per share.

The Company intends to use the $5.0 million of proceeds from this equity investment to pay a group of merchandise vendors a portion of their accounts payable and, in turn, receive a total of approximately $4.9 million in markdown allowances.  The resulting balance sheet effect will be to reduce accounts payable by approximately $10.0 million and to add approximately $10.0 million to shareholders’ equity.

“The equity investment and vendor allowances are both part of our broader turnaround strategy, as these events will significantly strengthen our balance sheet and vendor relationships. As a result of these events, we are in a better position to unlock the true potential for the Frederick’s of Hollywood brand and grow our business,” stated Thomas Lynch, the Company’s Chairman and Chief Executive Officer. “We are also implementing a partner-oriented approach with many of our vendors that will allow us to share the costs of promotional activity for our products.  This will benefit the Company and our vendors by helping push greater volume through our stores and e-Commerce site, while improving our gross margins.”

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

Further details concerning the transaction and the terms of the preferred stock will be contained in a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission.

Forward Looking Statement
Certain of the matters set forth in this press release are forward-looking and involve a number of risks and uncertainties.  These statements are based on management’s current expectations or beliefs.  Actual results may vary materially from those expressed or implied by the statements herein.  Among the factors that could cause actual results to differ materially are the following: competition; business conditions and industry growth; rapidly changing consumer preferences and trends; general economic conditions; working capital needs; continued compliance with government regulations; loss of key personnel; labor practices; product development; management of growth, increases in costs of operations or inability to meet efficiency or cost reduction objectives; timing of orders and deliveries of products; risks of doing business abroad; the ability to protect our intellectual property; and the other risks that are described from time to time in the Company’s SEC reports.  The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.

About Frederick’s of Hollywood Group Inc.
Frederick’s of Hollywood Group Inc., through its subsidiaries, sells women’s intimate apparel, swimwear and related products under its proprietary Frederick’s of Hollywood® brand through 117 specialty retail stores, a catalog and an online shop at http://www.fredericks.com/.  With its exclusive product offerings including Seduction by Frederick’s of Hollywood and the Hollywood Exxtreme Cleavage® bra, Frederick’s of Hollywood is the Original Sex Symbol®.

Our press releases and financial reports can be accessed on our corporate website at http://www.fohgroup.com.

This release is available on the KCSA Strategic Communications Web site at http://www.kcsa.com.

Platinum Group Metals (PLG) New Waterberg Results

VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 05/23/12 — Platinum Group Metals Ltd. (TSX:PTM)(NYSE Amex:PLG)(NYSE MKT:PLG) (“Platinum Group” or the “Company”) announces that its Waterberg platinum, palladium and gold discovery has been expanded further along strike and up dip. The newly discovered multiple layers of higher grade mineralization have now been intersected at depths as shallow as 122 to 140 meters from surface. The latest results, including 34 additional layer intercepts (detailed below), extend the known strike length a further 500 metres to the northeast. The layers have now been identified for 1.7 kilometers of strike length and 1.4 kilometers down dip and remain open for expansion. These latest results combined with earlier assays confirm the characteristics of the mineralization and the shallow dip of the layers to the west.

Significant intercepts in this release include holes WB012D0, WB013D0 and WB016D0 which highlight high grade-thickness as well as the shallowest and the most northern intercepts to date on the T2 Zone.

----------------------------------------------------------------------------
Hole        From      To          Interval   2PGE+Au      Pt      Pd      Au
 Number        m       m    Zone         m   g/t, 3E     g/t     g/t     g/t
----------------------------------------------------------------------------
WB012D0   322.00  329.00      T2      7.00      6.32    1.59    3.57    1.15
----------------------------------------------------------------------------
WB013D0   144.00  147.50      T2      3.50      4.82    1.58    2.35    0.90
----------------------------------------------------------------------------
WB016D0   328.75  331.50      T2      2.75      3.06    1.00    1.34    0.72
----------------------------------------------------------------------------

The F mineralized layer is also returning significant values in grade thickness including the following intercept.

----------------------------------------------------------------------------
Hole        From     To        Interval   2PGE+Au   Pt    Pd   Au    Cu   Ni
 Number        m      m  Zone         m   g/t, 3E  g/t   g/t  g/t     %    %
----------------------------------------------------------------------------
B013D0    663.00 679.00     F     16.00      6.41 2.07  4.04 0.30     -    -
----------------------------------------------------------------------------

The F mineralized layer is located near the bottom of the Bushveld Complex and has metal ratios similar to the Platreef to the south.

All of the mineralized layers, including the F layer are open up and down dip and along strike for expansion. True widths are estimated to be approximately 90% of the drilled intercept lengths. Additional assays are expected shortly and step out drilling is ongoing.

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

These results confirm the extraordinary results at Waterberg previously announced by the Company from November 2011 to early May 2012. The grade-thickness composition of the metals contained in the T and F zones, if confirmed as resources, are highly competitive when compared to conventional South African Platinum mines, where two layers of 1.0 to 1.5 meters of thickness are mined at grades of 2.5 to 6.0 grams per tonne of combined platinum, palladium, rhodium and gold.

Drilling is continuing with 8 rigs 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.

Detailed Drill Results

Summary of Results for all Boreholes Reported to Date                       

----------------------------------------------------------------------------
Zone           Average Thickness         Average Grade  Number of Intercepts
----------------------------------------------------------------------------
                          meters                3E g/t
----------------------------------------------------------------------------
T0                          2.13                  1.69                    16
----------------------------------------------------------------------------
T1                          3.40                  2.68                    15
----------------------------------------------------------------------------
T2                          3.91                  4.26                    19
----------------------------------------------------------------------------
T3                          2.15                  2.68                    18
----------------------------------------------------------------------------
F                          16.29                  3.08                     7
----------------------------------------------------------------------------

New drilling intercepts for the mineralized zones as detailed in this news
 release only:
(Copper, Nickel values not noted are pending)                               

----------------------------------------------------------------------------
Hole         From     To      Interval 2PGE+Au    Pt    Pd    Au    Cu    Ni
 Number         m      m Zone        m     g/t   g/t   g/t   g/t     %     %
----------------------------------------------------------------------------
WB005AD2      576    578   T0     2.00    1.22  0.51  0.57  0.14  0.04  0.05
----------------------------------------------------------------------------
WB005AD3      576    579   T0     3.00    1.62  0.45  1.00  0.17     -     -
----------------------------------------------------------------------------
WB009D2       295    297   T0     2.00    1.55  0.55  0.94  0.07     -     -
----------------------------------------------------------------------------
WB009D3       295    296   T0     1.00    0.46  0.18  0.25  0.03     -     -
----------------------------------------------------------------------------
WB010D0       198    199   T0     1.00    2.00  0.65  1.02  0.33  0.09  0.08
----------------------------------------------------------------------------
WB012D0       184    186   T0     2.00    2.29  0.52  1.49  0.29  0.05  0.03
----------------------------------------------------------------------------
WB013D0       122    123   T0     1.00    0.90  0.35  0.54  0.01     -     -
----------------------------------------------------------------------------
WB016D0       315    316   T0     1.00    1.42  0.76  0.62  0.04     -     -
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Hole         From     To      Interval 2PGE+Au    Pt    Pd    Au    Cu    Ni
 Number         m      m Zone        m     g/t   g/t   g/t   g/t     %     %
----------------------------------------------------------------------------
WB005AD2      593    594   T1     1.00    0.17  0.07  0.09  0.01  0.01  0.03
----------------------------------------------------------------------------
WB005AD3   592.95 593.75   T1     0.80    0.18  0.10  0.07  0.02     -     -
----------------------------------------------------------------------------
WB009D2       307    309   T1     2.00    5.06  1.79  2.46  0.81     -     -
----------------------------------------------------------------------------
WB009D3       306    313   T1     7.00    2.23  0.77  1.15  0.31     -     -
----------------------------------------------------------------------------
WB010D0       202    203   T1     1.00    1.72  0.54  0.84  0.34  0.06  0.06
----------------------------------------------------------------------------
WB012D0    228.00 231.25   T1     3.25    2.00  0.71  0.96  0.34  0.30  0.10
----------------------------------------------------------------------------
WB013D0       134    138   T1     4.00    1.13  0.35  0.49  0.29     -     -
----------------------------------------------------------------------------
WB016D0       320    322   T1     2.00    3.25  0.94  2.12  0.19     -     -
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Hole         From     To      Interval 2PGE+Au    Pt    Pd    Au    Cu    Ni
 Number         m      m Zone        m     g/t   g/t   g/t   g/t     %     %
----------------------------------------------------------------------------
WB005AD2   604.50 608.25   T2     3.75    4.88  1.32  2.10  1.45  0.39  0.13
----------------------------------------------------------------------------
WB005AD3   603.50 609.25   T2     5.75    3.26  0.87  1.10  1.29     -     -
----------------------------------------------------------------------------
WB009D2    355.25 358.50   T2     3.25    2.89  1.13  0.73  1.04     -     -
----------------------------------------------------------------------------
WB009D3     355.5 358.25   T2     2.75    6.33  2.90  1.87  1.55     -     -
----------------------------------------------------------------------------
WB012D0       322    329   T2     7.00    6.32  1.59  3.57  1.15     -     -
----------------------------------------------------------------------------
WB013D0       144  147.5   T2     3.50    4.82  1.58  2.35  0.90     -     -
----------------------------------------------------------------------------
WB016D0    328.75  331.5   T2     2.75    3.06  1.00  1.34  0.72     -     -
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Hole         From     To      Interval 2PGE+Au    Pt    Pd    Au    Cu    Ni
 Number         m      m Zone        m     g/t   g/t   g/t   g/t     %     %
----------------------------------------------------------------------------
WB005AD2   620.75 624.25   T3     3.50    0.79  0.27  0.31  0.22  0.10  0.04
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WB005AD3   624.50 627.75   T3     3.25    3.65  1.05  1.27  1.33     -     -
----------------------------------------------------------------------------
WB009D2       361    362   T3     1.00    0.78  0.28  0.16  0.34     -     -
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WB012D0    348.50 353.00   T3     4.50    4.73  0.75  2.15  1.83     -     -
----------------------------------------------------------------------------
WB013D0       185    187   T3     2.00    2.51  0.67  0.47  1.37     -     -
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WB016D0       350    351   T3     1.00    3.22  0.73  2.46  0.03     -     -
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Hole         From     To      Interval 2PGE+Au    Pt    Pd    Au    Cu    Ni
 Number         m      m Zone        m     g/t   g/t   g/t   g/t     %     %
----------------------------------------------------------------------------
WB005AD1      970    997    F    27.00    2.91  1.00  1.81  0.09  0.02  0.13
----------------------------------------------------------------------------
WB010D0       604    612    F     8.00    1.83  0.60  1.19  0.05  0.01  0.07
----------------------------------------------------------------------------
WB010D1       605    616    F    11.00    2.62  0.82  1.71  0.09     -     -
----------------------------------------------------------------------------
WB012D0       716    734    F    18.00    3.89  1.29  2.43  0.17     -     -
----------------------------------------------------------------------------
WB013D0       663    679    F    16.00    6.41  2.07  4.04  0.30     -     -
----------------------------------------------------------------------------

Qualified Person

The non-Independent Qualified Person for this News Release is R. Michael Jones, P.Eng. He is non-independent, is the Company CEO and is 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 and previously reported.

Set point Laboratories is used for the analysing of the drill core samples. Set Point Laboratories is a division of the Setpoint Group and is an ISO 17025 accredited laboratory as well as SANAS accredited testing Laboratory. Set Point uses fire assay and ICP technique and is accredited to analysis between 0.01 to 55ppm for gold, platinum and palladium.

The QAQC samples were alternated after every fifth field sample. The standards were within two standard deviations of the certified mean value for Pt and Pd.

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 7 million ounce resource, 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, President

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 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 New York Stock Exchange – AMEX 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 or Toll Free: (866) 899-5450

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

AMSC (AMSC) Receives 100 MW Wind Turbine Electrical Control System Order

DEVENS, Mass., May 23, 2012 (GLOBE NEWSWIRE) — AMSC (Nasdaq:AMSC), a global solutions provider serving wind and grid leaders, today announced that Inox Wind Limited, part of India’s Inox Group of Companies, placed a follow-on order for 50 of AMSC’s electrical control systems (ECS) for Inox’s 2 megawatt (MW) wind turbines. AMSC expects to ship all of these systems to Inox in 2012. This is the fourth volume order that AMSC has received from Inox in the past two years.

“Inox is producing some of the best performing and most attractive wind turbines for the Indian market, which have been designed with consideration for Indian site conditions and low cost of operation and maintenance,” said Devansh Jain, director of Inox Wind Limited. “We were amongst the first manufacturers to begin producing 2 MW turbines locally in volumes and have quickly established a leadership position in the market. This position is strengthened by our vertical approach, which includes best-in-class manufacturing as well as project development. We look forward to continuing our growth with AMSC at our side.”

AMSC’s ECS are an integrated, high-performance suite of power electronics systems that include the wind turbine power converter cabinet, internal power supply and various controls. Together, these systems serve as the “brains” of the wind turbine and enable reliable, high-performance operation by controlling power flows, regulating voltage, monitoring system performance, controlling the pitch of wind turbine blades and the yaw of the turbines to maximize efficiency.

The ECS are being utilized in Inox’s 2 MW doubly-fed induction turbines, which were designed by and licensed from AMSC in 2009.

“Already the third largest wind power market in the world, India is supporting renewables in a significant way. In fact, the country recently introduced generation-based incentives for wind power, which incentivize project developers to select turbines that lower their levelized cost of energy and maximize their power output,” said Daniel P. McGahn, President and CEO, AMSC. “This policy is sure to benefit a fully integrated player like Inox, who is committed to providing high-quality, competitively priced wind turbines with exceptional performance and reliability.”

To learn more about AMSC’s product offerings for the wind industry, please visit: http://www.amsc.com/windtec/index.html.

About Inox Wind Limited

Inox Wind Limited is part of the Inox Group of Companies. Inox Group is a $2 billion+, professionally managed business group, with interests in diverse businesses including Industrial Gases, Refrigerants, Engineering Plastics, Chemicals, Carbon Credits, Cryogenic Engineering, Renewable Energy and Entertainment. The INOX Group employs close to 9,000 people at more than 150 business units across the country, and has a distribution network that is spread across more than 50 countries around the globe. Each INOX Group company is characterized by three distinct characteristics – early identification of a winning business idea, building it to a size of dominant market leadership in that segment, and attaining a profit leadership position through cutting-edge efficiency in operations. The Inox Group of Companies, apart from Inox Wind Limited, includes amongst others, Inox Air Products Limited, Gujarat Fluorochemicals Limited, Inox India Limited, Inox Renewables Limited, Inox Leisure Limited and Fame India limited. More information is available at www.inoxwind.com.

About AMSC (NASDAQ: AMSC)

AMSC generates the ideas, technologies and solutions that meet the world’s demand for smarter, cleaner … better energy. Through its Windtec Solutions, AMSC enables manufacturers to launch best-in-class wind turbines quickly, effectively and profitably.  Through its Gridtec Solutions, AMSC provides the engineering planning services and advanced grid systems that optimize network reliability, efficiency and performance. The company’s solutions are now powering gigawatts of renewable energy globally and enhancing the performance and reliability of power networks in more than a dozen countries. Founded in 1987, AMSC is headquartered near Boston, Massachusetts with operations in Asia, Australia, Europe and North America.  For more information, please visit www.amsc.com.

The AMSC logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11339

AMSC, Windtec and Gridtec are trademarks or registered trademarks of American Superconductor Corporation. All other brand names, product names, trademarks or service marks belong to their respective holders.

Any statements in this release about future expectations, plans and prospects for the company, including without limitation our prospects for future growth, expectations regarding the purchase of additional notes and warrants under the securities purchase agreement, expectations regarding future financial results, liquidity and profitability and other statements containing the words “believes,” “anticipates,” “plans,” “expects,” “will” and similar expressions, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could materially impact the value of our common stock or cause actual results to differ materially from those indicated by such forward-looking statements. Such factors include: a significant portion of our revenues has been derived from Sinovel Wind Group Co. Ltd., (“Sinovel”), which has stopped accepting scheduled deliveries and refused to pay amounts outstanding; the disruption in our relationship with Sinovel has materially and adversely affected our business and results of operations and if, as we expect, Sinovel continues to refuse to accept shipments from us, our business and results of operations will be further materially and adversely affected; we may seek additional funding in the future and may be unable to raise capital when needed; we have a history of operating losses, and we may incur additional losses in the future; our operating results may fluctuate significantly from quarter to quarter and may fall below expectations in any particular fiscal quarter; changes in exchange rates could adversely affect our results from operations; we have identified material weaknesses in our internal control over financial reporting and if we fail to remediate these weaknesses and maintain proper and effective internal controls over financial reporting, our ability to produce accurate and timely financial statements could be impaired and may lead investors and other users to lose confidence in our financial data; if we fail to implement our business strategy successfully, our financial performance could be harmed; we may not realize all of the sales expected from our backlog of orders and contracts; many of our revenue opportunities are dependent upon subcontractors and other business collaborators; our products face intense competition, which could limit our ability to acquire or retain customers; our success is dependent upon attracting and retaining qualified personnel and our inability to do so could significantly damage our business and prospects; we may acquire additional complementary businesses or technologies, which may require us to incur substantial costs for which we may never realize the anticipated benefits; our international operations are subject to risks that we do not face in the United States, which could have an adverse effect on our operating results; we depend on sales to customers in China, and global conditions could negatively affect our operating results or limit our ability to expand our operations outside of China; changes in China’s political, social, regulatory and economic environment may affect our financial performance; many of our customer relationships outside of the United States are, either directly or indirectly, with governmental entities, and we could be adversely affected by violations of the United States Foreign Corrupt Practices Act and similar worldwide anti-bribery laws outside the United States; we rely upon third party suppliers for the components and subassemblies of many of our Wind and Grid products, making us vulnerable to supply shortages and price fluctuations, which could harm our business; we are becoming increasingly reliant on contracts that require the issuance of performance bonds; problems with product quality or product performance may cause us to incur warranty expenses and may damage our market reputation and prevent us from achieving increased sales and market share; our success in addressing the wind energy market is dependent on the manufacturers that license our designs; growth of the wind energy market depends largely on the availability and size of government subsidies and economic incentives; there are a number of technological challenges that must be successfully addressed before our superconductor products can gain widespread commercial acceptance, and our inability to address such technological challenges could adversely affect our ability to acquire customers for our products; we have not manufactured our Amperium wire in commercial quantities, and a failure to manufacture our Amperium wire in commercial quantities at acceptable cost and quality levels would substantially limit our future revenue and profit potential; the commercial uses of superconductor products are limited today, and a widespread commercial market for our products may not develop; we have limited experience in marketing and selling our superconductor products and system-level solutions, and our failure to effectively market and sell our products and solutions could lower our revenue and cash flow; our contracts with the U.S. government are subject to audit, modification or termination by the U.S. government and include certain other provisions in favor of the government; the continued funding of such contracts remains subject to annual congressional appropriation which, if not approved, could reduce our revenue and lower or eliminate our profit; we may be unable to adequately prevent disclosure of trade secrets and other proprietary information; we have filed a demand for arbitration and other lawsuits against Sinovel regarding amounts we contend are due and owing and are in dispute; we cannot be certain as to the outcome of the proceedings against Sinovel; we have been named as a party to purported stockholder class actions and shareholder derivative complaints, and we may be named in additional litigation, all of which will require significant management time and attention, result in significant legal expenses and may result in an unfavorable outcome, which could have a material adverse effect on our business, operating results and financial condition; our technology and products could infringe intellectual property rights of others, which may require costly litigation and, if we are not successful, could cause us to pay substantial damages and disrupt our business; our patents may not provide meaningful protection for our technology, which could result in us losing some or all of our market position; third parties have or may acquire patents that cover the materials, processes and technologies we use or may use in the future to manufacture our Amperium products, and our success depends on our ability to license such patents or other proprietary rights; and our common stock has experienced, and may continue to experience, significant market price and volume fluctuations, which may prevent our stockholders from selling our common stock at a profit and could lead to costly litigation against us that could divert our management’s attention. Reference is made to many of these factors and others in the “Risk Factors” section of the company’s most recent quarterly or annual report filed with the Securities and Exchange Commission. In addition, any forward-looking statements included in this release represent the company’s expectations as of the date of this release. While the company anticipates that subsequent events and developments may cause the company’s views to change, the company specifically disclaims any obligation to update these forward-looking statements. These forward-looking statements should not be relied upon as representing the company’s views as of any date subsequent to the date of this release.

CONTACT: AMSC Contact:
         Jason Fredette
         Phone: 978-842-3177
         Email: jason.fredette@amsc.com

School Specialty (SCHS) Announces Completion of Debt Refinancing

GREENVILLE, Wis., May 23, 2012 (GLOBE NEWSWIRE) — School Specialty (Nasdaq:SCHS), a leading K-12 education company with the broadest array of products in the market, today announced that it has refinanced its existing credit facility with two new separate agreements. The new multi-year agreements consist of a secured $200 million asset-based credit agreement with a group co-led by affiliates of Wells Fargo & Company and GE Capital, and a separate secured $70 million credit agreement with an affiliate of Bayside Capital, Inc. The new agreements replace the credit agreement dated April 23, 2010, and last amended on July 1, 2011, which had outstanding borrowings of $130 million as of May 18, 2012.

“We are pleased to announce the refinancing of our credit agreement,” said President and CEO Michael P. Lavelle. “The new asset-based credit agreement and term loan provides us with a more appropriate borrowing structure for our business. With this important step in our planning behind us, we are poised to further focus our business and accelerate our transformational activities to drive long term growth and enhance value to our customers and investors.”

Additional details regarding the Company’s new credit agreements will be set forth in its Current Report on Form 8-K, to be filed with the Securities and Exchange Commission.

About School Specialty, Inc.

School Specialty is a leading education company that provides innovative and proprietary products, programs and services to help educators engage and inspire students of all ages and abilities to learn. The company designs, develops, and provides preK-12 educators with the latest and very best curriculum, supplemental learning resources, and school supplies. Working in collaboration with educators, School Specialty reaches beyond the scope of textbooks to help teachers, guidance counselors and school administrators ensure that every student reaches his or her full potential.

Accelerated Learning’s major products include: Wordly Wise 3000^®, Premier™ Agenda, Delta Education™, FOSS^®, CPO Science™, Frey Scientific^®, Educator’s Publishing Service, Academy of Reading^®, Think Math!™, MCI^®, S.P.I.R.E.^® and SPARK™ .   Educational Resources proprietary brands include: Education Essentials^®, Sportime®, Childcraft®, Sax® Arts & Crafts, Califone^®, abc^®, Abilitations^®, School Smart^®, Classroom Select™ and Projects by Design^®.

For more information about School Specialty, visit www.schoolspecialty.com.

Cautionary Statement Concerning Forward-Looking Information

Any statements made in this press release about future results of operations, expectations, plans, prospects, or asset values, constitute forward-looking statements. Forward-looking statements also include those preceded or followed by the words “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “should,” “plans,” “targets” and/or similar expressions. These forward-looking statements are based on School Specialty’s current estimates and assumptions and, as such, involve uncertainty and risk. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from those contemplated by the forward-looking statements because of a number of factors, including the factors described in Item 1A of School Specialty’s Annual Report on Form 10-K for the fiscal year ended April 30, 2011, which factors are incorporated herein by reference. Except to the extent required under the federal securities laws, School Specialty does not intend to update or revise the forward-looking statements.

CONTACT: David Vander Ploeg
         Executive VP and CFO
         920-882-5854

         Elizabeth M. Higashi, CFA
         Investor relations
         920-243-5392

Recon Technology (RCON) Wins Major Contract of PCS & SIS Systems in Turkmenistan

GlobalWise (GWIV) Announces New Channel Sales Partnership With MWA Intelligence

COLUMBUS, OH — (Marketwire) — 05/23/12 — GlobalWise Investments, Inc. (OTCBB: GWIV) (OTCQB: GWIV) (www.GlobalWiseInvestments.com) and its wholly owned subsidiary Intellinetics, Inc., a leading-edge technology company focused on the design, implementation and management of cloud-based Enterprise Content Management (“ECM”) systems in both the public and private sectors, today announce a new Channel Sales Partnership has been signed with MWA Intelligence, Inc.

MWA Intelligence, Inc. (MWAi) (www.mwaintelligence.com) is one of the largest IT infrastructure providers for copier dealer Managed Print Service companies in the United States. With over 350 major clients throughout the US, such as Global Imaging Systems, a Xerox company, and others, MWAi provides cutting-edge M2M (machine-to-machine) and M2P (machine-to-people) solutions and tools that support the exchange of real-time information. With the addition of the Intellivue™ to their stellar lineup of IT solutions, MWAi will have a full suite of ECM template-based offerings.

MWAi intends to expand their service offering beyond North America into Europe and the Asia-Pacific Rim over the next four quarters. As part of that offering, MWAi is actively working with Intellinetics to convert the Intellivue™ cloud-based ECM software into a double-byte character set (DBCS), a software language typical for Japanese, Korean and Chinese translations. By employing DBCS, the Intellinetics software suite will be ready for clients in the Asia-Pacific Rim, in addition to English speaking clients in European countries.

“At MWA Intelligence, we are very excited to have selected Intellinetics as our ECM partner,” said Michael Stramaglio, President and CEO of MWA Intelligence. “The Intellinetics team brings a depth of industry experience, market leadership and innovative solutions to the imaging channel. MWAi evaluated several ECM offerings and found that Intellinetics truly understands the channel, as they have demonstrated in their very creative channel programs that leverage cloud technologies and on-demand solution templates, which will enable accelerated market adoption and growth.”

“This combination will empower MWAi to become the first imaging channel provider to offer comprehensive stage four content management solutions, establishing MWAi as an industry leader in managed document solutions,” continued Mr. Stramaglio. “Further, Intellinetics’ best-of-breed privacy and security technology will enable MWAi to solidify our international presence as a market leader, as we continue to expand into international markets, like Asia and EMEA in the near future.”

The relationship with MWAi continues the GlobalWise objective to find the right channel partners who have the ability to rapidly scale ECM sales into new markets such as those which MWAi participates.

“Intellinetics has selected MWA Intelligence as our alliance channel partner for enabling ECM to fit into a holistic managed print services offering,” stated William J. “BJ” Santiago, CEO of GlobalWise. “MWAi was chosen because of their long-standing reputation with the copier channel, their depth of technology offerings and international marketing reach that will expedite our global strategy. MWAi offers copier dealers a full breadth of managed print service solutions, and through the Technology United ecosystem, has developed a visionary approach to bringing innovative solutions.”

“Through this reseller partnership, Intellinetics will expand our access to MWA Intelligence copier channel relationships in North American, Asian and EMEA markets in an accelerated program that will drive market leadership for ECM with managed print service providers,” concluded Mr. Santiago.

About MWA Intelligence, Inc.

MWA Intelligence, Inc. (MWAi) provides cutting-edge M2M (machine-to-machine) and M2P (machine-to-people) solutions and tools that support the exchange of real-time information. MWAi combines OEM relationships, technological innovation and years of industry experience to meet and exceed all MPS (Managed Print Services) needs. MWAi manages and monitors locally and network connected imaging devices, automates meters directly to ERP and bridges communication from machine to service technician — encouraging dealerships to embrace the hybrid dealer concept. Solutions include: Intelligent Workforce (mobile field service management), Intelligent Service (dispatch automation, ERP/CRM integration), Intelligent Assets (automated meter reading, remote asset diagnostics and management) and more.

For additional information please visit the MWV Intelligence corporate website: www.mwaintelligence.com

About GlobalWise Investments, Inc.

GlobalWise Investments, Inc., via its wholly owned subsidiary Intellinetics, Inc., is a Columbus, Ohio based Enterprise Content Management (ECM) pioneer with industry-leading software that delivers cloud ECM based solutions on-demand. The Company’s flagship platform, Intellivue™, represents a new industry benchmark and game-changing solution by enabling clients to access and manage the content of every scanned document, file, spreadsheet, email, photo, audio file or video tape — virtually anything that can be digitized — in their enterprise from any PC, laptop, tablet or smartphone from anywhere in the world.

For additional information, please visit the Company’s corporate website: www.GlobalWiseInvestments.com

This press release may contain “forward-looking statements.” Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements may include, without limitation, statements about our market opportunity, strategies, competition, expected activities and expenditures as we pursue our business plan. Although we believe that the expectations reflected in any forward-looking statements are reasonable, we cannot predict the effect that market conditions, customer acceptance of products, regulatory issues, competitive factors, or other business circumstances and factors described in our filings with the Securities and Exchange Commission may have on our results. The company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release.

GlobalWise Investments, Inc.
Columbus, Ohio
www.GlobalWiseInvestments.com
614-388-8909
Contact@GlobalWiseInvestments.com

Mission Investor Relations
Atlanta, Georgia
http://www.MissionIR.com
404-941-8975

SEFE (SEFE) Highlights Attendance at ELECTRIC POWER Conference in Baltimore

SEFE, Inc. (OTCBB/OTCQB: SEFE), a sustainability company engaged in offering innovative, pioneering solutions for the world’s energy needs, today announces its recent attendance at the ELECTRIC POWER Conference in Baltimore, Md. The conference, which took place May 15-17, covers the most important tactical issues in the power industry and is attended by industry professionals from around the world.

SEFE’s presence at the conference was noted on signs and displays throughout the event, and executives from SEFE had the opportunity to meet with other energy industry representatives and discuss SEFE’s mission and technology, including its proprietary system, Harmony III, which is an atmospheric power collection generation system designed to harness static electricity from earth’s atmosphere and transform it into usable current. SEFE’s attendance at the ELECTRIC POWER Conference has been one more step in the company’s efforts to publicize this revolutionary technology and to form key relationships in the energy industry.

“We are working on developing contacts in the mining and utility space, as well as using the connections of our consultants and collaborations with universities,” commented SEFE CEO Don Johnston. “SEFE’s technology has the potential to change the world in terms of green, sustainable energy, so promoting Harmony III at events such as the ELECTRIC POWER Conference is meaningful and important as the company goes forward.”

In addition to attending the ELECTRIC POWER Conference, SEFE has also recently launched Revmodo.com, its proprietary marketing site, which is designed to drive potential new business to SEFE through community outreach initiatives and educating the public about the pioneering innovations behind the world’s expanding clean technology space. Through Revmodo, SEFE will be able to disseminate information about its innovations, including Harmony III.

For more information, visit www.revmodo.com

About Harmony III

Harmony III is a revolutionary, commercial-grade atmospheric power collection generation system designed to harness naturally occurring static electricity directly from the earth’s atmosphere, transforming it into current usable by generators and the existing power grid. This groundbreaking system has the potential to curb fossil fuel dependency, while immediately contributing to carbon offset. Harmony III is positioned to potentially replace other forms of energy production in the future, including renewable energy sources like wind, solar and hydroelectric, that have significant cost and logistical drawbacks compared with a network of SEFE units.

About SEFE, Inc.

SEFE focuses on pushing the boundaries of what’s possible, embracing innovation and employing the cutting-edge to solve problems, and offering sustainable solutions to a world hungry for invention, direction and leadership. SEFE is technology- and solutions-driven, focusing on developing inventions that provide a real-world impact and true profitability. So, success is measured by both a sustainable return on investment, as well as a project’s sustainability from an environmental perspective.

For more information, visit www.SEFElectric.com

Forward-Looking Statements

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Cleantech Solutions (CLNT) Lands $1.7M in Wind Power Component Orders

WUXI, Jiangsu, China, May 22, 2012 /PRNewswire-Asia-FirstCall/ — Cleantech Solutions International, Inc. (“Cleantech Solutions” or “the Company”) (NASDAQ: CLNT), a manufacturer of metal components and assemblies, primarily used in the wind power, solar and other clean technology industries, today announced that the Company has received purchase orders to supply motor shaft forgings to Nanjing Turbine & Electric Machinery Changfeng Alternative Energy Co., Ltd (“Nanjing Turbine”) for an aggregate amount of $1.7 million.

The purchase orders provide that Cleantech Solutions will deliver a total of 800 units of motor shaft forgings, amounting to total revenue of RMB10.6 million (approximately $1.7 million) by the end of 2012. The Company has received advance payments of RMB1.6 million (approximately $0.3 million).

“We are encouraged to receive follow-on purchase orders from Nanjing Turbine, an established player in China’s wind power market,” said Mr. Jianhua Wu, Chairman and CEO of Cleantech Solutions. “We believe this demonstrates the high-quality of our products and our ability to meet our customers’ needs for wind components and other equipment.”

About Cleantech Solutions International

Cleantech Solutions is a manufacturer of metal components and assemblies, primarily used in clean technology industries. The Company supplies forging products, fabricated products and machining services to a range of clean technology customers, primarily in the wind power sector. Cleantech Solutions is committed to achieving long-term growth through ongoing technological improvement, capacity expansion, and the development of a strong customer base. The Company’s website is www.cleantechsolutionsinternational.com. Any information on the Company’s website or any other website is not a part of this press release.

Safe Harbor Statement

This release contains certain “forward-looking statements” relating to the business of the Company and its subsidiary and affiliated companies. These forward looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website, including factors described in “Risk Factors” in our Form 10-K for the year ended December 31, 2011 and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Form 10-K for the year ended December 31, 2011 and our Form 10-Q for the quarter ended March 31, 2012. All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.

Company Contact:

Investor Relations Contact:

Orbit International (ORBT) Receives ~$574k Follow-on Order from U.S. Navy

Orbit International Corp. (NASDAQ:ORBT), an electronics manufacturer and software solution provider, today announced that its Electronics Group has received a new order against an existing contract from a U.S. Navy Procurement Agency for its MK 110 Signal Data Converter (“SDC”). This order, valued in excess of $547,000, was received by the Company’s Integrated Combat Systems, Inc. (“ICS”) subsidiary located in Louisville, Kentucky. Additional orders for the remainder of the contract are expected later in 2012 and in 2013. Deliveries of all units under this contract are expected to commence in the third quarter of 2012 and continue through the end of 2013.

The MK 110 SDC is a major configuration item of the GCS MK 160 MOD 15. The MK 110 SDC includes custom fabricated enclosures as well as Commercial-Off-The-Shelf and Non-Developmental Item components that are designed to meet the most stringent U.S. Navy operational systems requirements. This system will be deployed on DDG 51-78 as part of the AEGIS Modernization Program and will be operationally integrated with 5”/54 MK-45 Gun Mount systems.

Julie McDearman, ICS’s Director of Engineering and Logistics commented, “This $547,000 order is part of the base contract award valued in excess of $5,758,000 for which we received a $1,050,000 initial task order in April 2012, and brings the total year-to-date MK 110 SDC orders to approximately $1,597,000. This order is for a First Article Test unit and is consistent with the U.S. Navy’s overall MK 110 SDC contracting strategy. We look forward to demonstrating our design competency as this unit is evaluated against the full range of environmental tests, including MIL-S-901D shock.”

Mitchell Binder, President and CEO of Orbit International commented, “Our ICS subsidiary should receive AS9100 certification during the second quarter of 2012 so that we may proceed with building these units, using AS9100 standards, for delivery beginning in the second half of the year and continuing through next year. This award is consistent with our efforts for continued strong operating performance in 2012, particularly in the second half of the year.”

Orbit International Corp. is involved in the manufacture of customized electronic components and subsystems for military and nonmilitary government applications through its production facilities in Hauppauge, New York, and Quakertown, Pennsylvania; and designs and manufactures combat systems and gun weapons systems, provides system integration and integrated logistics support and documentation control at its facilities in Louisville, Kentucky. Its Behlman Electronics, Inc. subsidiary manufactures and sells high quality commercial power units, AC power sources, frequency converters, uninterruptible power supplies and COTS power solutions.

Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company including, statements regarding our expectations of Orbit’s operating plans, deliveries under contracts and strategies generally; statements regarding our expectations of the performance of our business; expectations regarding costs and revenues, future operating results, additional orders, future business opportunities and continued growth, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although Orbit believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.

Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond Orbit International’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact Orbit International and the statements contained in this news release can be found in Orbit’s filings with the Securities and Exchange Commission including quarterly reports on Form 10-Q, current reports on Form 8-K, annual reports on Form 10-K and its other periodic reports. For forward-looking statements in this news release, Orbit claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Orbit assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise.

ChinaNet Online (CNET) Reports First Quarter 2012 Financial Results

BEIJING, May 22, 2012 (GLOBE NEWSWIRE) — ChinaNet Online Holdings, Inc. (“ChinaNet” or the “Company”), (Nasdaq:CNET), a leading B2B (business to business) Internet technology company providing online-to-offline (“O2O”) sales channel expansion services for small and medium-sized enterprises (“SMEs”) and entrepreneurial management and networking services for entrepreneurs in the People’s Republic of China, today announced financial results for the first quarter 2012.

Summary Financials

First Quarter 2012 Financial Results

Revenues for the first quarter of 2012 increased by 113% to $14.9 million from $7.0 million in the first quarter of 2011, primarily due to an increase in revenues from the sale of TV and internet advertising and marketing services on the Company’s web portals. TV advertising revenue increased significantly to $10.4 million for the three months ended March 31, 2012 from $0.7 million in the same period in 2011. TV advertising revenues were generated by selling approximately 10,396 minutes of advertising time purchased from provincial TV stations as compared with approximately 835 minutes of advertising time that we sold in the same period in 2011. Revenue from internet advertising and marketing increased by 50% to $4.3 million, as compared to the first quarter of 2011 due to the addition of Sooe.cn and increasing the number of clients on Liansuo.com.

Q1 2012 Revenue Breakdown by Business Unit (USD in thousands)

Total cost of sales for the first quarter of 2012 was $12.5 million, compared to $2.0 million for the same period in 2011. Gross profit was $2.4 million for the first quarter of 2012, representing gross margin of 16.0%, compared to $5.0 million of gross profit and gross margin of 71% in the first quarter of 2011. The decrease in gross margin is due to the percentage of sales from the Company’s lower margin TV advertising revenue, which accounted for approximately 69% of total revenues as well as increasing in resource costs.

Operating expenses for the three months ended March 31, 2012 were approximately $2.3 million, up 15.7% from $2.0 million in the comparable period of 2011. General and administrative expenses increased $0.4 million to $1.2 million. Research and development expenses dropped 6.2% year-over-year to $0.3 million.

The Company had an operating income of $0.13 million in the first quarter of 2012 compared to $3.0 million operating income in the first quarter of 2011.

Net loss attributable to common stockholders for the first quarter of 2012 was $0.4 million and loss per share was $0.02 compared to $2.6 million net income attributable to common stockholders and $0.14 earnings per share in the first quarter of 2011, respectively.

Balance Sheet and Cash Flow

The Company had $9.0 million in cash and cash equivalents as of March 31, 2012, compared to $10.7 million as of December 31, 2011, working capital of $27.3 million, compared to $27.0 million as of December 31, 2011, and a current ratio of 3.8 to 1 compared 4.5 to 1 as of December 31, 2011.

The Company had cash inflow from operations of $0.4 million for the three months ended March 31, 2012. Total shareholders’ equity of ChinaNet was $41.6 million at March 31, 2012, compared to $41.7 million at December 31, 2011.

Guidance for 2012

Management forecasts full year 2012 revenues to be at least $42 million and net income of at least $2.8 million.

Business Updates

ChinaNet is focused on strategically expanding its client base of over 6,000 current customers by continuing to grow its internet advertising and marketing services business. Currently, 28.com, which connects SME franchisors with new franchisees, generates the majority of revenues. ChinaNet will continue to invest in new technology and expects to increase its market share to over 55% by the end of the third quarter 2012.

As previously announced, management is focused on several new growth and management initiatives to help offset short-term economic challenges on 28.com. Below are additional initiatives:

• Improving internal management with cost reduction plan, expect to increase net profit margin by 2%-5%;
• Addition of Sooe.cn with commercialization expected in Q3 2012;
• Sales campaign with China Business Journal to attract better quality and larger clients in Q3 2012, further extending Liansuo.com’s client base by 20% or more;
• Launching Weibo (like Twister) related value-added marketing service to existing or larger branded customers in Q3 2012 with 3^rd party alliance;
• Launching of Zhifuwan.com, an integrated SEM and e-Commerce marketing service as additional value-added services to all other web portals, helping SMEs to further market their Taobao B2C sites by means of technology in Q3 2012.
• With the complexity of additional features, the commercial launch of flying cloud (www.feitengyun.com) has been re-scheduled to occur by the end of October 2012.

With these initiatives, management expects ChinaNet to return to profitability in Q2 2012 based on current and improving economic conditions.

Conference Call

Please dial in at least 10-minutes before the call to ensure timely participation.

A playback of the call will be available until 9:00 am ET on May 29, 2012. To listen, call 1-877-344-7529 within the United States or 1-412-317-0088 when calling internationally. Please use the replay pin number 10014350.

About ChinaNet Online Holdings, Inc.

The Company, a parent company of ChinaNet Online Media Group Ltd., incorporated in the BVI (“ChinaNet”), a leading business to business Internet technology company focusing on providing online-to-offline sales channel expansion service for small and medium-sized enterprises and entrepreneurial management and networking service for entrepreneurs in China. Founded in 2003 and based in Beijing, PRC, the Company’s services include its 28.com portal to connect SME franchisors with new franchisees, Internet advertising and marketing with other value-added communication channels, brand management & sales channel solutions, and cloud-computing based management tools, to be officially commercialized in 2012. Website: http://www.chinanet-online.com.

Safe Harbor

This release contains certain “forward-looking statements” relating to the business of ChinaNet Online Holdings, Inc., which can be identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “estimates” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including business uncertainties relating to government regulation of our industry, market demand, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on ChinaNet’s current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting ChinaNet will be those anticipated by ChinaNet. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. ChinaNet undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

— FINANCIAL TABLES –

CONTACT: Ted Haberfield, President
         MZ North America, IR
         MZ Group
         Direct: +1-760-755-2716
         Email: thaberfield@mzgroup.us

IsoRay’s (ISR) GliaSite Approved for Sale in 31 European Countries

IsoRay Inc. (AMEX: ISR), a medical technology company and innovator in seed brachytherapy and medical radioisotope applications, today announced that the GliaSite^® radiation therapy system, the world’s only balloon catheter device used in the treatment of brain cancer, has earned the European CE Mark, allowing immediate sale in 31 European countries. The system’s balloon catheter is a landmark technology that allows physicians to treat more patients than ever before with brachytherapy or internal radiation and provides important benefits over other radiation treatment options.

The CE mark designates that the manufacturer conforms with the essential product requirements of the applicable European Commission directives. Granted after a rigorous evaluation process, the CE mark allows a product to be legally marketed in the European Free Trade Association (EFTA) member states as well as the European Union.

IsoRay Chairman and CEO Dwight Babcock commented, “This is a major event for IsoRay as it opens the door to revenue opportunities in international markets where our current distributor previously marketed GliaSite^® for its prior manufacturer. In addition, it allows us to pursue other distribution opportunities in countries not previously serviced. This historic moment completes the last requirement essential to initiate the international launch of our GliaSite^® radiation therapy system”.

The GliaSite^® radiation therapy is being reintroduced to the market by IsoRay, which has exclusive worldwide rights to the system. IsoRay is also the exclusive manufacturer of Cesium-131, which represents one of the most important advancements in internal radiation therapy in 20 years. Cesium-131 allows for the internal radiation treatment of many different cancers because of its unequaled combination of high energy and its unrivaled speed in giving off therapeutic radiation (9.7 day half-life).

IsoRay has already received a CE mark for its Cesium-131 lung cancer sutures and mesh. Cesium-131 mesh brachytherapy gives physicians and their patients a viable treatment option for those early stage lung cancer patients who otherwise would be inoperable because of limited pulmonary function or other health issues. With mesh brachytherapy, patients benefit from getting the most targeted radiation possible, which decreases the chance of the cancer recurring and decreases the amount of potential lung damage as compared to other available treatments. Some doctors report that they have found placing Cesium-131 lung mesh over the surgical suture line reduces the risk of cancer recurrence in patients to 2 percent or less. Patients accrue additional quality of life benefits because targeted radiation does not involve the many weeks of treatment required in traditional external radiation since it can be done at the time of surgery, with or without robotics, and does not involve return trips to the hospital, except for routine follow-up visits.

Babcock says this latest achievement comes on the heels of the Company’s reintroduction of the GliaSite^® radiation therapy system and introduction of Cesium-131 sutures and mesh to the international medical community at the World Congress of Brachytherapy where they all drew strong interest. According to Babcock, these developments are in keeping with the Company’s strategic objectives. “IsoRay remains focused on meeting a primary goal of being an innovator with the creation of ground-breaking products that are proving to be vital weapons in the treatment of a number of cancers throughout the body. This product portfolio is central to our goal of growing revenues and creating value for our stockholders.”

The GliaSite^® system has established reimbursement for both in-patient and out-patient settings. In addition to its CMS codes, Cesium-131 is FDA-cleared in seed form for the treatment of prostate cancer, lung cancer, ocular melanoma cancer, brain cancer, colorectal cancer, gynecologic cancer, head and neck cancer and other cancers throughout the body.

About IsoRay, Inc.

IsoRay, Inc., through its subsidiary, IsoRay Medical, Inc., is the exclusive producer of Cesium-131 internal radiation therapy, which is expanding brachytherapy options throughout the body and the GliaSite® radiation therapy system, the world’s only balloon catheter device used in the treatment of brain cancer. Learn more about this innovative Richland, Washington company and explore the many benefits and uses of Cesium-131 and the GliaSite® radiation therapy system by visiting www.isoray.com. Join us on Facebook/Isoray. Follow us on Twitter @Isoray.

Safe Harbor Statement

Statements in this news release about IsoRay’s future expectations, including: the advantages of our Cesium-131 seed, future demand for IsoRay’s existing and planned products, whether revenue and other financial metrics will improve in the future, whether IsoRay will be able to continue to expand its base beyond prostate cancer to use Cesium-131 to treat additional cancers and malignant disease, whether IsoRay will be able to generate sales internationally and enter into new international distribution agreements, the advantages of the GliaSite® delivery system, whether sales will increase as we can sell our products in additional countries, whether additional studies will be published with favorable outcomes from treatment with Cesium-131, and all other statements in this release, other than historical facts, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”). This statement is included for the express purpose of availing IsoRay, Inc. of the protections of the safe harbor provisions of the PSLRA. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements based on such factors as physician acceptance, training and use of IsoRay’s products, changing levels of demand for IsoRay’s current and proposed future products, IsoRay’s ability to reduce or maintain expenses while increasing sales, whether later studies and protocols support the findings of the initial studies, success of future research and development activities, IsoRay’s ability to successfully manufacture, market and sell its products, success of any negotiations undertaken with potential distributors, patient results achieved when Cesium-131 is used for the treatment of cancers and malignant diseases beyond prostate cancer, patient results achieved with the GliaSite® radiation therapy system, IsoRay’s ability to manufacture its products in sufficient quantities to meet demand within required delivery time periods while meeting its quality control standards, IsoRay’s ability to enforce its intellectual property rights, changes in reimbursement rates, changes in laws and regulations applicable to our product, and other risks detailed from time to time in IsoRay’s reports filed with the SEC.

China Gerui (CHOP) Announces First Quarter 2012 Results

ZHENGZHOU, China, May 22, 2012 /PRNewswire-Asia-FirstCall/ — China Gerui Advanced Materials Group Limited (NASDAQ: CHOP) (“China Gerui,” or the “Company”),  a leading high precision, cold-rolled steel producer in China, today announced unaudited financial results for the three months ended March 31, 2012.

“We achieved sound financial performance in the first quarter and an increase in gross profit and gross margin from the same period of 2011,” said Mr. Mingwang Lu, Chairman and Chief Executive Officer. “Our first quarter saw further utilization of our 250,000 tons of chromium-plating capacity, and a steady ramp-up of production from our recently added highly specialized cold-rolled steel capacity.”

“Consistent with our strategy in 2011, we continue to monitor closely the macroeconomic conditions in China and strive to optimize our product mix which is tailored to the evolving demand change of our end markets, including food and industrial packaging, construction and household decoration materials, electrical and home appliances, and telecommunications wire and cable,” Mr. Lu continued. “While the market environment has been challenging, we believe that our competitive advantages as a premium producer and ability to customize production to meet our customers’ needs will enable us to generate continued solid results and an advantageous return on investment from our new capacity.”

First Quarter 2012 Results

Revenue increased 9.6% to $68.7 million in the first quarter of 2012 from $62.7 million in the first quarter of 2011.  The increase in revenue was primarily due to a 10.9% increase in sales volume to approximately 76,500 tons for the first quarter of 2012 as compared to approximately 69,000 tons for the same period of 2011, partially offset by a 1.2% decrease in the Company’s average selling price of $898 per ton for the first quarter of 2012 as compared to an average selling price of $909 for the same period of 2011.

Gross profit increased 19.7% to $21.5 million in the first quarter of 2012 from $18.0 million in the same period of 2011.  Gross margin was 31.3% in the first quarter of 2012 compared to 28.7% in the same period of 2011.  The increase in gross margin was due to the increased utilization of the 200,000 tons in chromium-plating capacity that was added last year and continued ramp-up and improved precision production of the recently added 150,000-ton wide-strip production line.

Operating income increased 89.4% to $19.0 million in the first quarter of 2012, or 27.7% of revenue, from operating income of $10.0 million, or 16.0% of revenue, in the same period of 2011.  Adjusting for one-time warrant exercise expenses of $5.7 million, operating income on an adjusted basis in the first quarter of 2011 was $15.7 million, or 25.1% of revenue.  Therefore, operating income in the first quarter of 2012 increased 20.8% from the adjusted operating income figure of $15.7 million in the same period of 2011.* The increase in operating income in the first quarter 2012 as compared to adjusted operating income in the comparable year-ago period is primarily due to the corresponding increase in gross profit and slightly lower operating expenses as a percent of revenue in the first quarter of 2012 compared to the same period of 2011.

Interest expenses decreased 63.7% to $1.0 million compared to $2.8 million in the prior year period.  The decrease was primarily attributable to higher bank borrowings in 2011 due to uncertainty as to the number of the Company’s public warrants that would be exercised before their expiration in March 2011.  An additional reason was our continued efforts to reduce leverage.

Net income was $14.0 million in the first quarter of 2012, or $0.24 per fully diluted share, compared to $4.0 million, or $0.08 per share in the same period of 2011.  Adjusted net income in the first quarter of 2011, which excludes the aforementioned one-time warrant exercise expenses, was $9.7 million, or $0.20 per diluted share.*

Adjusted EBITDA increased 28.8% to $22.0 million, or 32.0% of revenue, in the first quarter of 2012, from $17.1 million, or 27.2% of revenue, in the same period of 2011.  Adjusted EBITDA is defined as earnings before interest, taxes, depreciation, amortization and one-time warrant exercise expenses incurred in the first quarter of 2011.*

* Please see the section below entitled “Use of Non-GAAP Adjusted Financial Measures” and the reconciliation table at the end of this press release for an explanation and quantitative comparison of the non-GAAP measures used in this press release to their GAAP equivalents.

Financial Condition

As of March 31, 2012, the Company had $267.7 million in unrestricted cash and an additional $124.1 million in restricted cash, as compared to $246.6 million and $118.1 million, respectively, as of December 31, 2011. Working capital was $159.5 million as of March 31, 2012, compared to $142.5 million as of fiscal year end 2011. The Company’s short-term debt consisted of notes payable and term loans that totaled $269.5 million as of March 31, 2012, compared to $249.1 million as of December 31, 2011.  The Company has no long-term debt.  Shareholders’ equity was $312.3 million, as compared to $298.4 million as of December 31, 2011.  The net cash provided by operating activities for the first three months of 2012 was $6.5 million compared to net cash provided by operating activities of $11.4 million in the same period of 2011.

Recent Developments

• On May 9, 2012, we announced the independent verification of our cash balances as of our 2011 fiscal year end.  Additional detailed information regarding this announcement was contained in our press release issued on this date.
• In April 2011, we announced that our Board of Directors had approved a six-month share repurchase program to repurchase up to an aggregate of $10 million of our ordinary shares. Our board of directors subsequently extended the program from six months to an indefinite period or until the program is completed.  As of May 21, 2012, the Company had repurchased 1,176,898 ordinary shares at an average price of $3.84 per share for a total repurchase price of approximately $4.52 million.
• In January 2012, we announced that The NASDAQ Stock Market had determined that the Company met its requirements to transfer its stock from its Global Market listing tier to its most stringent listing tier, the Global Select Market. The transfer was effective on January 4, 2012, and our stock continued to trade under the ticker symbol “CHOP”.

Business Update

As previously announced, the Company completed its addition of 100,000 tons of annual cold-rolled steel production capacity during the first quarter of 2012 as part of Phase II of its capacity expansion plan. The Company’s total production capacity now totals 500,000 tons of specialized wide- and narrow-strip cold-rolled steel, of which 400,000 tons are fully operational.  The Company believes that its overall utilization of its 400,000 tons of fully operational cold-rolled wide- and narrow-strip steel production capacity is approximately 75%, reflecting a gradual increase in utilization consistent with the Company’s quality control standards. The Company’s chromium-plating production lines, which can accommodate a total of 250,000 tons of either narrow-strip or wide-strip specialized steel, are fully operational as of the first quarter of 2012 and are running at a 40% utilization rate. The addition of 100,000 tons of annual cold-rolled steel capacity in the first quarter of 2012 is undergoing further testing and refinement, and this facility is expected to start normal operation in the third quarter of 2012.

In the first quarter of fiscal year 2012, in addition to the seasonal reduction in demand due to the Chinese New Year holiday, the Company experienced a contraction in its average selling prices relative to previous quarters as growth in the Chinese economy continued to be relatively slow.  Further, slowing exports of steel encouraged large, state-owned steel companies to further engage the Chinese market, which induced some short-term price cuts throughout the domestic steel sector.  However, the Company continues to believe that its strategic focus on high-end specialized steel products and increased production capacity will enable it to successfully navigate these market conditions and continue to generate high margins and returns on invested capital.  It also continues to employ certain measures, such as offering various incentives to develop business from customers and increasing marketing and sales staffing, so as to more aggressively compete in the marketplace. It also persists in pursuing other advanced materials applications such as the development and processing of various alloys to optimize the utilization of its extensive value-added in-house production technology, in addition to growth opportunities as dictated by new developments in hardware and software technology as well as those offered by potential acquisition opportunities.

Mr. Lu concluded, “The strength of our balance sheet and fluid nature of our business model has enabled us to better adapt to market conditions than most of our competitors, even as we add new capacity and capabilities to our product and service platform.  We anticipate that we will continue to effectively compete in the high-end spectrum of the specialized steel segment despite current macroeconomic challenges.”

For fiscal year 2012, China Gerui continues to expect revenue of between $395 million and $410 million and diluted earnings per share of between $1.32 and $1.37.  The Company will continue to provide updates of its 2012 outlook in view of the uncertainties associated with macroeconomic conditions in China and other risk factors.

Conference Call Information

The Company will also host a conference call at 10:00 am ET (10:00 pm Beijing Time) on Tuesday, May 22, 2012.

Listeners may access the call by dialing +1 (866) 395-5819 five to ten minutes prior to the scheduled conference call time. International callers should dial +1 (706) 643-6986. The conference participant pass code is 81453212.

A replay of the conference call will be available for 14 days starting from 12:00 pm ET on Tuesday, May 22, 2012. To access the replay, dial +1 (855) 859-2056. International callers should dial +1 (404) 537-3406. The passcode is 81453212.

A live and archived webcast of the call will be available on the Company’s website at http://www.geruigroup.com/Investors.html.  To listen to the live webcast, please go to the Company’s website at least fifteen minutes prior to the start of the call to register, download and install any necessary audio software.

Use of Non-GAAP Adjusted Financial Measures

This earnings release includes the use of non-GAAP adjusted operating income, non-GAAP adjusted net income, non-GAAP adjusted diluted earnings per share, and non-GAAP adjusted EBITDA, which are financial measures that are not defined by U.S. generally accepted accounting principles, or U.S. GAAP. For purposes of Regulation G, a non-GAAP financial measure is a numerical measure of a registrant’s historical or future financial performance, financial position or cash flows that excludes amounts, or is subject to adjustments that have the effect of excluding amounts, that are included in the most directly comparable measure calculated and presented in accordance with U.S. GAAP in the statement of income, balance sheet, or statement of cash flows (or equivalent statements) of the issuer; or includes amounts, or is subject to adjustments that have the effect of including amounts, that are excluded from the most directly comparable measure so calculated and presented. In this regard, U.S. GAAP refers to generally accepted accounting principles in the United States. Pursuant to the requirements of Regulation G, the Company has included with this press release a table which includes a reconciliation of non-GAAP adjusted operating income, non-GAAP adjusted net income, non-GAAP adjusted diluted earnings per share, and non–GAAP adjusted EBITDA to the most directly comparable respective U.S. GAAP financial measures. Non-GAAP adjusted EBITDA is defined as earnings before interest, taxes, depreciation, amortization and one-time warrant exercise expenses of $5.7 million incurred in the first quarter of 2011. Non-GAAP adjusted operating income, non-GAAP adjusted net income and non-GAAP adjusted diluted earnings per share were calculated by excluding one-time warrant exercise expenses of $5.7 million from operating income, net income, and net income per diluted share, respectively. The Company’s management believes that the presentation of these non-GAAP financial measures provides useful information regarding the Company’s results of operations because it assists in analyzing and benchmarking the performance and value of the Company’s business. The Company’s calculation of non-GAAP adjusted EBITDA, non-GAAP adjusted operating income, non-GAAP adjusted net income, and non-GAAP adjusted diluted earnings per share may not be consistent with similarly titled measures of other companies.

About China Gerui Advanced Materials Group Limited

China Gerui Advanced Materials Group Limited is a leading niche and high value-added steel processing company in China. The Company produces high-end, high-precision, ultra-thin, high- strength, cold-rolled steel products that are characterized by stringent performance and specification requirements that mandate a high degree of manufacturing and engineering expertise. China Gerui’s products are not standardized commodity products. Instead, they are tailored to customers’ requirements and subsequently incorporated into products manufactured for various applications. The Company sells its products to domestic Chinese customers in a diverse range of industries, including the food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables. For more information, please visit http://www.geruigroup.com.

Safe Harbor Statement

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “point to,” “project,” “could,” “intend,” “target” and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2011 and otherwise in our SEC reports and filings, including the final prospectus for our offering.  Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Genetic Technologies (GENE) Provides BREVAGen(TM) Sales and Reimbursement Update

MELBOURNE, AUSTRALIA — (Marketwire) — 05/22/12 — Genetic Technologies Limited (ASX: GTG) (NASDAQ: GENE) is pleased to provide an update on BREVAGen™ sales and the “credentialing” process with the top ten U.S. Preferred Provider Organizations (“PPOs”). To date, the Company has executed credentialing contracts with four PPOs which represents an estimated 13 million covered lives in the U.S. Progress with these leading PPOs has been a key driver of improved BREVAGen™ revenue collection.

Total revenue received from BREVAGen™ sales in the period from January to April 2012 represented over 63% of all revenues received since the test was launched in June 2011. In addition to the improvement in reimbursement, the month of April saw appreciable sales uptake, with unit sales increasing to 48% higher than the year-to-date monthly average.

A story highlighting the BREVAGen™ test and its U.S. launch featured on the Tuesday, May 15 episode of Australia’s Channel 7 news and current affairs television show Today Tonight which was broadcast nationally across Australia. [To view the story go to: http://au.news.yahoo.com/today-tonight/latest/article/-/13691294/breast-cancer-breakthrough/]

“The recent increase in unit sales and revenue generation is illustrative that we are on the right track with regard to both sales messaging and credentialing contract execution for BREVAGen™,” said Dr. Paul MacLeman, Genetic Technologies’ Chief Executive Officer. “With the increased sales presence we now have in place in new U.S. territories, we are looking forward to continued commercial growth, particularly as we execute on credentialing contracts with further U.S. PPOs.”

Credentialing contracts executed with four of the top ten Preferred Provider Organizations

Credentialing with these PPOs allows for expedited claim adjudication (as “in-network”). This provides improved cash flow while obtaining an acceptable level of reimbursement, and reduces the costs incurred through appealing denials. Once BREVAGen™ volumes reach a significant level and Genetic Technologies has gathered the clinical utility data, the Company will approach insurers directly to contract.

Specific credentialing contracts have been executed with Prime Health Services, National Preferred Provider Network/PlanCare America/Ohio Preferred Provider Network LLC (NPPN/OPPN), Galaxy Health Network and Fortified Provider Network. Prime Health Services’ Group Health PPO has over 600,000 physicians, ancillary services and hospitals nationwide with in excess of 6 million covered lives. NPPN/OPPN has more than 550,000 physicians, nearly 4,000 acute care facilities, and more than 90,000 ancillary care provider locations in their network. NPPN/OPPN estimate that they account for several million covered lives. Galaxy Health Network has over 400,000 directly contracted Physicians, Facilities and Hospitals and over 3.5 million covered lives. Fortified Provider Network has a presence in all 50 States and over 1.5 million covered lives.

U.S. state certification update

In April of 2011, Genetic Technologies successfully attained CLIA approval, allowing BREVAGen™ to be sold into 42 U.S. States (see ASX announcement dated April 27, 2011). Following the Company’s receipt of a certificate of compliance issued by the Centers for Medicare and Medicaid Services (see ASX announcement dated February 16, 2012), the Company has submitted numerous applications for “Out of State Licensure,” which allows BREVAGen™ to now also be sold in Pennsylvania, Rhode Island, Nevada, Tennessee and Maryland. The Company has also submitted relevant licensure applications in California and Florida and expects approval to sell BREVAGen™ in these key states shortly. Submission of data to New York for approval is also in progress.

“Preferred Provider Organization” and “Credentialing”

A Preferred Provider Organization is a managed care organization of medical doctors, hospitals, and other health care providers who have covenanted with an insurer or a third-party administrator to provide health care at reduced rates to the insurer’s or administrator’s clients. Credentialing is a process whereby provider organizations such as physicians, care facilities and ancillary providers (including testing service providers such as GTG with the BREVAGen™ test) contract directly with the PPO. Contracts with PPOs are a fundamental to getting the BREVAGen™ test “in network”. Being in network streamlines the claims management process within these PPOs, ultimately resulting in improved reimbursement for the BREVAGen™ test.

About BREVAGen™

The BREVAGen™ breast cancer risk stratification test is a novel genetic test panel that examines a patient’s DNA to detect the absence or presence of certain common genetic variations (SNPs) associated with an increased risk for developing breast cancer. The test is designed to help physicians assess aggregate breast cancer risk from these genetic markers, plus factors from a standard clinical assessment based on a patient’s family and personal history, thus giving a clearer picture of an individual woman’s risk of developing breast cancer. The BREVAGen™ test may be especially useful for women predisposed to hormone dependant breast cancer, including those who have undergone breast biopsies, as the test will provide information that can help physicians recommend alternative courses of action, such as more vigilant, targeted surveillance or preventive therapy, on a personalized patient-by-patient basis. For more information, please visit http://www.brevagen.com, or http://www.brevagen.com.au

About Genetic Technologies Limited

Genetic Technologies is an established diagnostics company with more than 20 years of experience in commercializing genetic testing, non-coding DNA and product patenting. The company has operations in Australia and the U.S. and is dual-listed on the ASX (GTG.AX) and NASDAQ (GENE). Genetic Technologies is focused on the commercialization of its patent portfolio through an active out-licensing program and the global expansion of its oncology and cancer management diagnostics assets. Its U.S. subsidiary, Phenogen Sciences, offers novel predictive testing and assessment tools to help physicians proactively manage women’s health risks. Phenogen’s lead product, BREVAGen, is a first in class, clinically validated risk assessment test for non-familial breast cancer. For more information, please visit http://www.gtglabs.com, http://www.phenogensciences.com.

Safe Harbor Statement

Any statements in this press release that relate to the Company’s expectations are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees. Since this information may involve risks and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from expected results. Additional risks associated with Genetic Technologies’ business can be found in its periodic filings with the SEC.

FOR FURTHER INFORMATION PLEASE CONTACT

Dr Paul D R MacLeman
Chief Executive Officer
Genetic Technologies Limited
Phone: +61 3 8412 7000

Rudi Michelson (Australia)
Monsoon Communications
(03) 9620 3333

Laura Landry (USA)
BluePrint Life Science Group
+1 (415) 375.3340 Ext. 102