Conn’s, Inc. (CONN) Reports Results for the Quarter Ended October 31, 2010

Dec. 2, 2010 (Business Wire) — Conn’s, Inc. (NASDAQ/NM: CONN), a specialty retailer of consumer electronics, home appliances, furniture, mattresses, computers and lawn and garden products today announced its operating results for the quarter ended October 31, 2010.

Significant items for the quarter include:

• Total revenues were $169.9 million, down 14.0% from the same period in the prior fiscal year;
• Retail gross margin increased to 25.2% for the quarter, as compared to 22.4% for the same period in the prior fiscal year;
• Retail segment loss before income taxes was $2.2 million for the quarter, as compared to a loss of $19.2 million for the same quarter in the prior fiscal year. The prior year loss included a goodwill impairment charge of $9.6 million and a $4.1 million litigation reserve adjustment;
• Credit portfolio annualized net charge-off rate increased to 5.5%, as compared to 4.3% for the same period in the prior fiscal year, and the percentage of accounts 60+ days delinquent increased to 9.6% at October 31, 2010, as compared to 9.3% at October 31, 2009, though the balance of accounts 60+ days delinquent has been reduced since the same time last year;
• Credit segment loss before income taxes was $5.6 million for the quarter, as compared to a loss of $0.1 million for the same quarter in the prior fiscal year, resulting primarily from reduced interest earnings, combined with higher collection expenses and borrowing costs, and a $2.9 million write-off of costs of financing transactions not completed, partially offset by a lower provision for bad debts;
• Diluted loss per share was $0.23 for the third quarter of fiscal 2011, as compared to $0.64 for the same period in the prior fiscal year. The adjusted diluted loss per share was $.14 for the third quarter of fiscal 2011, after excluding the write-off of costs of financing transactions not completed, as compared to an adjusted diluted loss per share of $.18 for the same period in the prior fiscal year, after excluding the goodwill impairment charge and the litigation reserve adjustment; and
• After the conclusion of the quarter the Company completed its previously announced refinancing plan raising $500 million of capital, including an expanded $375 million asset-based loan facility, a $100 million second lien term loan and a $25 million common stock rights offering. A portion of the net proceeds received was used to repay all of the Company’s outstanding obligations under its asset backed securitization program.

The change in total revenues was comprised of a total net sales decline of 15.2% to $136.8 million, and a decrease in finance charges and other of 8.6% to $33.0 million, as compared to the same quarter in the prior fiscal year. Same store sales (revenues earned in stores operated for the entirety of both periods) decreased 16.3% during the third quarter of fiscal 2011, as compared to a 9.3% decrease in the same quarter in the prior fiscal year. The sales results were impacted primarily by:

• Continued challenging economic conditions in the Company’s markets during the quarter;
• Limitations imposed by the Company’s capital structure, prior to the recently completed refinancing, and the resulting impact on its ability to extend credit;
• The Company’s decision to tighten credit underwriting requirements to protect the quality of the credit portfolio; and
• Management’s emphasis on improving retail gross margin while maintaining price competitiveness.

The key credit portfolio performance metrics reported for the quarter included:

• Net charge-offs for the third fiscal quarter of 2011 totaled $9.5 million, or 5.5% of the average balance outstanding. The net charge-off percentage was negatively impacted by the declining portfolio balance as the total portfolio balance outstanding has declined to approximately $677.0 million as of October 31, 2010, from $738.2 million as of October 31, 2009;
• A 60 basis point increase in the 60+ day delinquency rate since July 31, 2010, to 9.6% at October 31, 2010. The 60+ day delinquency rate was 9.3% at October 31, 2009, after increasing 170 basis points during the third quarter of the prior fiscal year. The delinquency rate was also negatively impacted by the declining portfolio balance as the total balance 60+ days delinquent improved to $64.9 million at October 31, 2010, as compared to $68.5 million at October 31, 2009;
• A 30 basis point increase in the percentage of the portfolio reaged to 18.7% at October 31, 2010, from 18.4% at July 31, 2010. The percentage of the portfolio reaged at October 31, 2009 was 18.8%. The percentage of the portfolio reaged was also negatively impacted by the declining portfolio balance as the total balance reaged has decreased to $126.3 million as of October 31, 2010, from $139.1 million as of October 31, 2009; and
• The payment rate (amount collected from customers as a percentage of the portfolio balance) increased for the third consecutive quarter, versus the same quarter in the prior year, increasing to 5.10% for the quarter ended October 31, 2010, from 5.00% for the quarter ended October 31, 2009.

More information on the credit portfolio and its performance may be found in the table included with this press release and in the Company’s filing with the Securities and Exchange Commission on Form 10-Q which is expected to be filed later today.

The Company reported a net loss on a GAAP basis of $5.1 million, or diluted loss per share of $0.23, for the third quarter of fiscal 2011, compared to a net loss on a GAAP basis of $14.4 million, or diluted loss per share of $0.64, for the third quarter of fiscal 2010. The reported results for the quarter ended October 31, 2010, include a $2.9 million write-off of costs of financing transactions not completed, while the reported results for the quarter ended October 31, 2009, include a $9.6 million goodwill impairment charge and a $4.1 million increase in the Company’s litigation reserves, for which no tax benefit was recorded. The reduced loss before income taxes experienced in the retail segment during the quarter was partially offset by a larger loss before income taxes in the credit segment. The adjusted net loss, excluding the write-off of costs of financing transactions not completed, was $3.2 million for the third quarter of fiscal 2011, compared with an adjusted net loss, excluding the goodwill impairment charge and litigation reserve adjustment, of $4.0 million for the third quarter of fiscal 2010.

Completion of Refinancing Plan

On November 30, 2010, the Company completed its previously announced refinancing plan. The Company’s debt facilities now include a $375 million asset-based loan maturing in November 2013 and a $100 million second lien term loan maturing in November 2014. Additionally, the Company issued 9.3 million shares under a common stock subscription rights offering, which raised gross proceeds of $25.0 million. A portion of the net proceeds from the financing transactions and rights offering were utilized to repay all of the Company’s outstanding obligations under its asset-backed securitization program. After the closing of the financing transactions, the Company had $276.0 million outstanding under its asset-based loan, including standby letters of credit issued, and $94 million, net of original issue discount, outstanding under its second lien term loan, leaving the Company with total borrowing capacity of $99.0 million, subject to borrowing base and covenant limitations.

Conference Call Information

Conn’s, Inc. will host a conference call and audio webcast today, December 2, 2010, at 10:00 AM, CT, to discuss its financial results for the quarter ended October 31, 2010. The webcast will be available live at www.conns.com and will be archived for one year. Participants can join the call by dialing 877-754-5302 or 678-894-3020.

About Conn’s, Inc.

The Company is a specialty retailer currently operating 76 retail locations in Texas, Louisiana and Oklahoma: with 23 stores in the Houston area, 20 in the Dallas/Fort Worth Metroplex, nine in San Antonio, five in Austin, five in Southeast Texas, one in Corpus Christi, four in South Texas, six in Louisiana and three in Oklahoma. It sells home appliances, including refrigerators, freezers, washers, dryers, dishwashers and ranges, and a variety of consumer electronics, including LCD, LED, 3-D, plasma and DLP televisions, camcorders, digital cameras, computers and computer accessories, Blu-ray and DVD players, video game equipment, portable audio, MP3 players, GPS devices and home theater products. The Company also sells lawn and garden products, furniture and mattresses, and continues to introduce additional product categories for the home to help respond to its customers’ product needs and to increase same store sales. Unlike many of its competitors, the Company provides flexible in-house credit options for its customers. In the last three years, the Company financed, on average, approximately 61% of its retail sales.

This press release contains forward-looking statements that involve risks and uncertainties. Such forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “could,” “estimate,” “should,” “anticipate,” or “believe,” or the negative thereof or variations thereon or similar terminology. Although the Company believes that the expectations reflected in such forward-looking statements will prove to be correct, the Company can give no assurance that such expectations will prove to be correct. The actual future performance of the Company could differ materially from such statements. Factors that could cause or contribute to such differences include, but are not limited to:

• the Company’s ability to fund operations, debt repayment and expansion from cash flow from operations, borrowings on its revolving lines of credit and proceeds from securitizations and from accessing debt or equity markets;
• the ability of the Company to obtain additional funding for the purpose of funding the receivables generated by the Company;
• the ability of the Company to maintain compliance with the covenants in its financing facilities or obtain amendments or waivers of the covenants to avoid violations or potential violations of the covenants;
• reduced availability under the Company’s credit facilities as a result of borrowing base requirements and the impact on the borrowing base calculation of changes in the performance or eligibility of the customer receivables financed by that facility;
• delinquency and loss trends in the receivables portfolio;
• the Company’s ability to offer flexible financing programs;
• the Company’s growth strategy and plans regarding opening new stores and entering new markets;
• the effect of closing or reducing the hours of operation of existing stores;
• the Company’s intention to update, relocate or expand existing stores;
• the Company’s estimated capital expenditures and costs related to the opening of new stores or the update, relocation or expansion of existing stores;
• the Company’s ability to introduce additional product categories;
• the ability of the financial institutions providing lending facilities to the Company to fund their commitments;
• the effect on borrowing costs of downgrades by rating agencies or changes in laws or regulations on the Company’s financing providers;
• the Company’s ability to amend, renew or replace its existing credit facilities before the maturity dates of the facilities;
• the cost of any amended, renewed or replacement credit facilities;
• growth trends and projected sales in the home appliance, consumer electronics and furniture and mattresses industries and the Company’s ability to capitalize on such growth;
• the pricing actions and promotional activities of competitors;
• relationships with the Company’s key suppliers;
• interest rates;
• general economic and financial market conditions;
• weather conditions in the Company’s markets;
• the outcome of litigation or government investigations;
• changes in the Company’s stock price; and
• the actual number of shares of common stock outstanding.

Further information on these risk factors is included in the Company’s filings with the Securities and Exchange Commission, including the Company’s annual report on Form 10-K/A filed on April 12, 2010 and the Company’s quarterly report on Form 10-Q filed on August 26, 2010. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by law, the Company is not obligated to publicly release any revisions to these forward-looking statements to reflect the events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

Basis for presentation of non-GAAP disclosures:

To supplement the Company’s consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles (“GAAP”), the Company also provides adjusted net income (loss) and adjusted earnings (loss) per diluted share information. These non-GAAP financial measures are not meant to be considered as a substitute for comparable GAAP measures but should be considered in addition to results presented in accordance with GAAP, and are intended to provide additional insight into the Company’s operations and the factors and trends affecting the Company’s business. The Company’s management believes these non-GAAP financial measures are useful to financial statement readers because (1) they allow for greater transparency with respect to key metrics the Company uses in its financial and operational decision making and (2) they are used by some of its institutional investors and the analyst community to help them analyze the Company’s operating results.

CONN-F

Conn’s, Inc., Beaumont

Chief Financial Officer

Michael J. Poppe, 409-832-1696 Ext. 3294

CAMAC Energy (CAK) Announces Early Commencement of Oyo #5 Well Intervention

Dec. 1, 2010 (Business Wire) — CAMAC Energy Inc. (NYSE Amex: CAK), a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that it has been notified by its partner, Nigerian Agip Exploration Limited (“NAE”), that the well intervention planned on the Oyo #5 well, located in the Oyo Field located offshore Nigeria, is scheduled to commence on December 4, 2010 with the mobilization of the Transocean Marianas to the field. The mobilization is commencing earlier than previously anticipated due to the availability of the Marianas, a fourth generation Earl & Wright Sedco 700 design semi-submersible drilling unit that will be performing the intervention. CAMAC Energy acquired a 60% contractual interest in the Oyo Field in April 2010 and NAE is the Oyo Field’s operator and a subsidiary of ENI SpA, one of the world’s largest international energy companies.

Following commencement of production from the Oyo Field in December 2009, oil production from the Oyo #5 well has been decreasing due to higher than expected gas production from the well. The intervention program is designed to address this gas breakthrough and improve oil production from the well. The intervention program will include the running of a suite of Schlumberger production logging tools, which will seek to determine the source of gas breakthrough, into the horizontal section of the wellbore. This will be followed by an engineered polymer injection in zones with identified gas breakthrough which is designed to decrease gas production and increase oil flow from these zones. The total work program, from rig up on location, to rig down, is expected to be completed in approximately 35 days.

The well intervention is expected to allow Oyo #5’s oil production to increase from approximately 3,500 Bopd currently to approximately 7,500 to 9,500 Bopd for the next 12 months following completion of the intervention, with estimated combined production from the Oyo #5 and Oyo #6 wells to between 9,500 and 11,500 Bopd following the Oyo #5 well intervention. The intervention is also anticipated to provide valuable reservoir information that will assist in the completion design of new drilling in the Oyo Field.

About CAMAC Energy Inc.

CAMAC Energy Inc. (NYSE Amex: CAK) is a U.S.-based energy company engaged in the exploration, development and production of oil and gas. The Company focuses on early cash flow and high-return global energy projects and currently has operations in Nigeria and, through its Pacific Asia Petroleum subsidiaries, in China. The Company’s principal assets include interests in the Oyo Oilfield, an offshore oil asset in deepwater Nigeria that started production in December 2009, a 100% interest in the Zijinshan Block gas asset located in the Shanxi Province, China, and the Enhanced Oil Recovery and Production business in Northern China. The Company was founded in 2005 and has offices in Hartsdale, New York, Houston, Texas, Beijing, China, and Lagos, Nigeria.

Forward-Looking Statements

This press release may contain certain “forward-looking statements” relating to the business of CAMAC Energy Inc. and its subsidiaries. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding: the Oyo #5 well intervention; the general ability of CAMAC Energy Inc. to achieve its commercial objectives; the business strategy, plans and objectives of CAMAC Energy Inc. and its subsidiaries; and any other statements of non-historical information. Words such as “anticipates,” “expects,” “plans,” “projects,” “believes,” “seeks,” “estimates,” and similar expressions are intended to identify such forward-looking statements. The statements are based upon management’s current expectations, estimates and projections, are not guarantees of future performance, and are subject to a variety of risks, uncertainties and other factors, some of which are beyond CAMAC Energy Inc.’s control and are difficult to predict, including those discussed in CAMAC Energy Inc.’s periodic reports that are filed with the SEC and available on its website (http://www.sec.gov). You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, CAMAC Energy Inc. undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Media:

CAMAC Energy Inc.

Bonnie Tang, 713-364-4114

PR@camacenergy.com

or

IR:

ICR

832-209-1419

IR@camacenergy.com

AdCare Health Systems (ADK) to Acquire Three Skilled Nursing Centers in Georgia

SPRINGFIELD, OH–(Marketwire – 12/01/10) – AdCare Health Systems, Inc. (AMEX:ADK – News), a recognized innovator in senior living and health care facility management, has signed a definitive purchase agreement for three skilled nursing facilities in Georgia for $18 million. Two are located near Atlanta, with one near Dublin.

The facilities have on aggregate 335 beds that generate an estimated $16.4 million in annualized revenues. The acquisition is anticipated to be immediately accretive to AdCare’s earnings upon closing, which is expected in the first quarter of 2011.

Combined with other transactions closed earlier this year, plus the Mountain Trace skilled nursing facility expected to close by year’s end, AdCare’s estimated annualized revenue run-rate would exceed $140 million. This would represent an increase of more than 424% over the company’s annual revenues of $26.7 million in 2009.

“This purchase agreement brings the total number of facilities we’ve put under contract to seventeen since we began our M&A campaign at the end of last year,” said Chris Brogdon, AdCare’s vice chairman and chief acquisitions officer. “They would expand our presence in Georgia, adding to the 10 facilities we already operate in the state.”

AdCare plans to finance the acquisition through bank loans, with the loan for one of the facilities to be guaranteed by the United States Department of Agriculture (USDA). The guarantee is provided through a program developed by the government to supply long-term financing for rural projects at favorable rates.

“Choice opportunities continue to emerge in the southern region of the U.S., as well as around our home base in the Midwest,” notes Brogdon. “Our M&A pipeline will remain a major focus as we complete the year and begin 2011.”

Brogdon joined AdCare in September 2009 when the company announced a new M&A growth strategy to build upon its strong reputation for operational efficiency and high-quality living environments.

About AdCare Health Systems
AdCare Health Systems, Inc. (AMEX:ADK – News) is a recognized innovator in senior living and health care facility management. AdCare develops, owns and manages assisted living facilities, nursing homes and retirement communities, as well as provides home health care services. Since its inception in 1988, AdCare’s mission has been to provide the highest quality of healthcare services to the elderly. For more information about AdCare, visit www.adcarehealth.com.

Important Cautions Regarding Forward-Looking Statements
Statements contained in this press release that are not historical facts may be forward-looking statements within the meaning of federal law. Such statements can be identified by the use of forward-looking terminology, such as “believes,” “expects,” “plans,” “intends,” “anticipates” and variations of such words or similar expressions, but their absence does not mean such statements are not forward-looking. Statements in this announcement that are forward-looking include, but are not limited to, the expectation that when combined with other transactions closed or placed under contract earlier this year, AdCare’s estimated annualized revenue run-rate would exceed $140 million upon closing of these three facilities in Georgia, which would represent an increase of more than 424% over revenues in 2009, and that they are expected to be immediately accretive to AdCare’s earnings. Such forward-looking statements reflect management’s beliefs and assumptions and are based on information currently available to management. The forward-looking statements involve known and unknown risks, results, performance or achievements of the Company to differ materially from those expressed or implied in such statements. Such factors are identified in the public filings made by the Company with the Securities and Exchange Commission and include the Company’s ability to secure lines of credit and/or an acquisition credit facility, find suitable acquisition properties at favorable terms, changes in the health care industry because of political and economic influences, changes in regulations governing the industry, changes in reimbursement levels including those under the Medicare and Medicaid programs, and changes in the competitive marketplace. There can be no assurance that such factors or other factors will not affect the accuracy of such forward-looking statements.

GT Solar (SOLR) Receives First Orders for Sapphire Crystallization Furnaces

Dec. 1, 2010 (Business Wire) — GT Solar International, Inc. (NASDAQ: SOLR), a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets, today announced that it has received its first two orders totaling more than $84 million for sapphire crystallization systems. The orders come from Jiangsu Jixing New Material Co., Ltd and Jiujiang Sapphire Tech Co., Ltd. Total annual production capacity of the two orders is approximately eight million two-inch equivalents (TIE) of sapphire substrates.

“GT Solar is pleased that both Jiangsu Jixing New Material Co., Ltd and Jiujiang Sapphire Tech Co., Ltd, affiliates of two highly valued long term PV customers, have selected our sapphire crystallization equipment for their new production facilities,” said Tom Gutierrez, president and CEO of GT Solar. “The response to our sapphire equipment strategy from customers has been very positive and we are pleased to be able to announce our first orders. We continue to talk with other potential customers in the Asia region for our sapphire crystallization systems and believe we are on track to meet our projected $100 million in revenue in our FY12 from sapphire crystallization equipment sales.”

The two orders represent GT Solar’s entry into the LED equipment market, which GT Solar stated it would pursue when it announced its acquisition of Crystal Systems in July of 2010. Both Jiangsu Jixing New Material Co., Ltd and Jiujiang Sapphire Tech Co., Ltd are positioning themselves to capitalize on the expected growth of the LED market over the coming years by building the capacity to produce high quality, large area sapphire substrates. These initial customers will be targeting the high brightness LED market segment.

“Our advanced sapphire crystallization systems are built on a highly scalable and reliable architecture that lets customers quickly ramp to volume production with a lower capital investment compared with other competing crystallization technologies,” continued Mr. Gutierrez. “The combination of our technology and the depth of our regional service and installation expertise deliver compelling value to our customers by reducing the risks of equipping and commissioning a new manufacturing facility.”

The two orders in combination with other DSS and polysilicon orders bring GT Solar’s Q3 quarter-to-date bookings to more than $245 million and strengthen the company’s view for a strong FY 2012 based on the pipeline of orders still under discussion with customers.

About GT Solar International, Inc.

GT Solar International, Inc. (NASDAQ: SOLR), is a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets. The company’s products and services allow its customers to optimize their manufacturing environments and lower their cost of ownership. For additional information about GT Solar, please visit www.gtsolar.com.

Forward-Looking Statements

Some of the statements in this press release are forward-looking in nature, including statements regarding expected revenue from customer contracts for sapphire crystallization systems and for expected orders in the Company’s current third fiscal quarter of FY2010. These statements are based on management’s current expectations or beliefs. These forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside the Company’s control, which could cause actual events to differ materially from those expressed or implied by the statements. Factors that may cause actual events to differ materially from those expressed or implied by our forward-looking statements include the possibility that the Company is unable to recognize revenue on customer contracts, that technological changes could render existing products or technologies obsolete, the Company may be unable to protect its intellectual property rights, competition from other manufacturers may increase, exchange rate fluctuations and conditions in the credit markets and economy may reduce demand for the Company’s products and various other risks as outlined in GT Solar International, Inc.’s filings with the Securities and Exchange Commission, including the statements under the heading “Risk Factors” in the Company’s annual report on Form 10-K for the fiscal 2010 filed on June 4, 2010 and quarterly report on Form 10-Q for the second fiscal quarter filed on November 9, 2010. GT Solar International, Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

Media

GT Solar

Jeff Nestel-Patt, 603-204-2883

jeff.nestelpatt@gtsolar.com

or

Investors/Analysts

GT Solar

Ryan Blair, 603-681-3869

ryan.blair@gtsolar.com

Sify (SIFY) Reports Revenues of US $ 38.16 Million for Second Quarter of Fiscal 2010-11

                     Description              Quarter ended  Quarter Ended
                                                September      September
                                                  2010           2009
                                                Unaudited

    Enterprise                                     31.30          30.27     *
    Consumer                                        3.03           5.24
    Others                                          3.83           3.18
    Revenue                                        38.16          38.69

    Cost of Revenues                              (23.63)        (23.45)    *

    Selling, General and
     Administrative Expenses                      (13.91)        (14.11)

    EBIDTA                                          0.62           1.13

    Depreciation and Amortisation
     expenses                                      (3.89)         (3.34)

    Net Finance Expenses                           (1.30)         (1.53)

    Other Income                                    0.45           0.67

    Share of Affiliates                             0.74           0.45

    Profit / (loss) Before tax                     (3.38)         (2.62)

    Income Taxes                                       -              -

    Profit / (loss) for the period                 (3.38)         (2.62)

    Profit attributable to:

    Owners of the parent                           (3.38)         (2.62)

    Non-controlling interests                          -              -

    Net income / (loss) - After
     minority interest                             (3.38)         (2.62)

    (table continued)

                     Description                  Quarter ended  Year Ended
                                                      June         March
                                                      2010         2010
                                                    Unaudited    Unaudited

    Enterprise                                        32.13         118.77
    Consumer                                           3.20          18.81
    Others                                             3.13          11.80
    Revenue                                           38.46         149.38

    Cost of Revenues                                 (24.05)        (91.20)

    Selling, General and
     Administrative Expenses                         (13.08)        (54.90)

    EBIDTA                                             1.33           3.28

    Depreciation and Amortisation
     expensese                                        (3.89)        (15.69)

    Net Finance Expenses                              (1.39)         (5.92)

    Other Income                                       0.42          15.43

    Share of Affiliates                                0.20           2.03

    Profit / (loss) Before tax                        (3.33)         (0.87)

    Income Taxes                                          -           1.81

    Profit / (loss) for the period                    (3.33)          0.94

    Profit attributable to:

    Owners of the parent                              (3.33)          0.73

    Non-controlling interests                             -           0.22

    Net income / (loss) - After
     minority interest                                (3.33)          0.94

    * Reflects an immaterial error correction to report revenue and cost of
    revenue of USD 2.24 million relating to certain trading transactions on
    net basis. This adjustment did not have any impact on the reported net
    income or earning per share.

    Non Financial Indicators               Qtr Ended               Year Ended
                                 Sep 10    Sep 09      Jun 10          Mar 10
    e Port
    Subscribers active (000s)       104       306         134             165
    No of e Ports (Operational)   1,141     1,500       1,081            1227

    Broadband
    Subscribers (000s)               79       137          82             106
    No of CTOs                    1,645     1,994       1,767            1967
    ARPU                             36       303         273             285

    Technology
    No of PoPs                      622       573         615             604

    BUSINESS HIGHLIGHTS
    Enterprise Business

    For further information, please contact

    Sify Technologies Limited

    Mr. Praveen Krishna
    Corporate Communications
    +91-44-22540777 (extn.2055)
    praveen.krishna@sifycorp.com

    Mr. Pijush Das
    Investor Relations
    +91-44-2254-0777 (ext. 2703)
    pijush.das@sifycorp.com

    Grayling Investor Relations
    Ms. Truc Nguyen (ext. 418)
    Mr. Christopher Chu (ext. 426)
    +1-646-284-9400
    truc.nguyen@grayling.com
    christopher.chu@grayling.com

Sify Technologies Limited: Mr. Praveen Krishna, Corporate Communications, +91-44-22540777 (extn.2055), praveen.krishna@sifycorp.com; Mr. Pijush Das, Investor Relations, +91-44-2254-0777 (ext. 2703), pijush.das@sifycorp.com; Grayling Investor Relations, Ms. Truc Nguyen (ext. 418), Mr. Christopher Chu (ext. 426), +1-646-284-9400, truc.nguyen@grayling.com, christopher.chu@grayling.com

Uranium Energy Corp (UEC) Initiates Operations at Hobson Processing Facility in South Texas

Dreams (DRJ) Sets Record on Cyber Monday

Nov. 30, 2010 (Business Wire) — Dreams, Inc. (NYSE Amex: DRJ), through its Internet Division, received $2.5 million in on-line orders on Monday, November 29, 2010, up 78.5%, versus $1.4 million in orders received last year on *Cyber Monday. This is an all-time, single day record.

“The dedication and commitment to excellence displayed throughout the year by the entire eCommerce team has positioned our Company to enjoy these record results,” observed Kevin Bates, www.FansEdge.com founder and president of Dreams Retail.

*The name given by online retailers and e-commerce experts to the Monday following the Thanksgiving holiday. With its Black Friday counterpart in actual store-based traffic, analysts have pointed to significant spikes in online shopping on Cyber Monday. Coined in 2005, Cyber Monday was fueled by promotions such as free gifts and free shipping as well as by the faster Internet connections many people had at work.

DREAMS, INC. trades under the ticker symbol: NYSE Amex: DRJ

www.DreamsCorp.com

www.FansEdge.com

Statements contained in this press release, which are not historical facts, are forward looking statements. The forward-looking statements in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements are indicated by words or phrases such as “anticipates,” “projects,” “management believes,” “Dreams believes,” “intends,” “expects,” and similar words or phrases. Such factors include, among others, the following: competition; seasonality; success of operating initiatives; new product development and introduction schedules; acceptance of new product offerings; franchise sales; advertising and promotional efforts; adverse publicity; expansion of the franchise chain; availability, locations and terms of sites for franchise development; changes in business strategy or development plans; availability and terms of capital including the continuing availability of our credit facility with Regions Bank or a similar facility with another financial institution; labor and employee benefit costs; changes in government regulations; and other factors particular to the Company.

Dreams, Inc.

Investor Relations :

David M. Greene, Senior Vice-President, 954-377-0002

Fax: 954-475-8785

dgreene@dreamscorp.com

or

Public Relations:

Boardroom Communications

Jennifer Clarin and/or Caren Berg, 954-370-8999

Fax: 954-370-8892

cberg@boardroompr.com

Brigus Gold (BRD) Reports Positive Exploration Drilling Results at Black Fox Complex

Nov. 30, 2010 (Business Wire) — Brigus Gold Corp. (“Brigus Gold” or the “Company”) (NYSE Amex: BRD)(TSX: BRD) has received assay results from 12 drill holes totalling 5,327 metres as part of an ongoing exploration program at the Company’s 100% owned Black Fox Complex located in the Timmins Mining District, Ontario. The current exploration program continues to return positive results and is designed to expand the Black Fox Complex gold resource by systematically drilling mineralized structures. Highlights from returned assay results include (all uncut, average gold grades with estimated true widths, unless otherwise noted):

Contact Zone

• GF10-90:
  • 14.92 grams of gold per tonne over 2.41 metres and
  • 14.88 grams of gold per tonne over 3.58 metres
• GF10-94:
  • 7.05 grams of gold per tonne over 6.34 metres
    • including 10.22 grams of gold per tonne over 3.62 metres
  • 25.78 grams of gold per tonne over 1.13 metres and
  • 10.47 grams of gold per tonne over 2.11 metres
• GF10-98:
  • 2.03 grams of gold per tonne over 4.26 metres and
  • 3.68 grams of gold per tonne over 8.89 metres
    • including 6.67 grams of gold per tonne over 3.17 metres

Gibson Shear

• Hole GF10-88:
  • 5.45 grams of gold per tonne over core length 3.0 metres
• Hole GF10-92 :
  • 2.02 grams of gold per tonne over core length 41.8 metres
    • including 4.04 grams of gold per tonne over core length 12.0 metres

The exploration program is following up on historical data and drill results while also testing new gold occurrences within the Black Fox Complex. Three rigs are in the process of drilling at least six exploration targets at the Black Fox Complex including: the Contact Zone, the Historic Gibson Deposit, the Gibson Shear, the School House Zone and the Hislop North Zone. All targets are located within four kilometres of the Company’s operating Black Fox Mine, providing the opportunity for rapid advancement. A fourth drill rig is drilling deep exploration targets at the Black Fox Mine.

Howard Bird, Vice President of Exploration for Brigus Gold, said, “These drill results continue to expand the gold mineralization at the Contact Zone. We are also very encouraged by additional positive results at the Gibson Shear target, located approximately 500 metres west of the Contact Zone. Our exploration goal during 2011 and 2012 is to significantly expand the gold resources at the Black Fox Complex while pursuing new target areas. There is considerable near-term exploration potential at the Contact and Gibson Shear zones, as well as at the Black Fox Mine where the ore body remains open down-dip, both at depth and along strike.”

Contact Zone

The Contact Zone consists of a steeply dipping mineralized fault contact between the north-south trending metasediments and mafic volcanic rocks, and two other parallel mineralized zones. The Contact Zone extends for at least 1,200 metres (“m”) and is open along strike and at depth. The general dip of the feature is 78 degrees to the east with horizontal widths varying from 3.5 m to 35 m. During the 2008 and 2009 drill program, most of the 65 drill holes completed were concentrated within a strike length of approximately 400 m and tested to an approximate depth of 120 m from surface. During 2010, the Contact Zone drill program has concentrated on testing continuity of the gold mineralization below (down dip) and along strike of the 2008 and 2009 drill holes.

In light of recent encouraging high-grade drill results from the Contact Zone, Brigus has expanded the drill program in this area to increase the size of the mineralized zone. Assay results from the most recent six holes from the Contact Zone trend were positive and consistent with past results from the Contact Zone. A previously planned initial gold mineral resource estimate for the Contact Zone has been postponed until completion of the expanded drill program.

Drilling along strike and below the 65 drill holes from the 2008 and 2009 exploration program has confirmed good down dip continuity of significant gold mineralization.

GF10-90, highlighted above ,which followed up on GF 09-66 drilled by Brigus in 2009 and historic hole PR975-28, intersected a mineralized zone approximately 140 m from surface and 50 m down dip of GF09-66 while PR95-28 intersected the same zone approximately 75 m down dip of GF10-90. High interest assays from hole GF09-66 returned 3.37 grams per tonne (“gpt”) gold over true width 6.39 m including 11.14 gpt gold over true width 1.42 m, and from historic hole PR95-28 assays returned 3.74 gpt gold over true width 7.55 m including 7.47 gpt gold over true width 2.22 m.

GF10-94, highlighted above, intersected mineralization approximately 190 m from surface and 75 m down dip of GF09-25. Hole GF09-25 intersected the zone approximately 120 m from surface and GF09-29 intersected the zone approximately 50 m from surface. High interest assays from hole GF09-25 returned 2.17 gpt gold over true width 2.43 m, including 5.69 gpt over true width 0.81 m, and GF09-29 returned 5.31 gpt over true width 3.24 m, including 8.57 gpt over true width 0.81 m.

GF10-98, highlighted above, intersected the mineralized zone approximately 160 m from surface and 60 m down dip of GF09-64 and GF09-65. Holes GF09-64 and GF09-65 both intersected the zone approximately 80 m from surface. High interest assays from hole GF09-64 returned 3.03 gpt gold over true width 4.27 m, including 8.57 gpt gold over true width 0.78 m, and GF09-65 returned 19.37 gpt gold over true width 4.21 m, including 85.99 gpt gold over true width 0.76 m.

Assay results over 2.0 gpt gold are listed in a table in Appendix 1 of this news release and posted on the Company’s website at www.brigusgold.com.

Gibson Shear (“GS”)

Drilling results from the Gibson Shear target continue to demonstrate encouraging results with five out of six holes intercepting average gold grades over 2.0 gpt. The best hole, GF10-92, highlighted above, was drilled on the southern portion of the Gibson Shear (Gibson South) and returned 2.02 gpt gold over core length 41.8 m, including 4.04 gpt gold over 12.0 m. GF10-92 was drilled 55 m to the northwest of GF10-73, which returned 2.11 gpt gold over core length 22.94 m. Further drilling is underway; a shallow drill hole is currently in progress in order to determine the extent of mineralization closer to surface and to better define the dip of the mineralized zone.

Geophysical Programs

Brigus Gold has received the final airborne magnetic geophysical survey data results from the Black Fox Complex, which distinctly define the key gold-bearing Contact Zone and Gibson Shear linear structures, as well as numerous similar looking untested linear structures. In addition, a Quantec Titan 24 Deep IP ground based geophysical program was recently completed at the Black Fox Complex with 22 lines (each line spaced 200 m apart) surveyed. The Titan system detects conductive mineralization, disseminated mineralization, alteration, structure and geology resulting in the identification of prospective drill targets. Final survey results are expected later this quarter.

Surface drilling was conducted by Norex Drilling and was supervised by the Black Fox exploration staff. All 2010 sample analyses reported herein were performed by Polymet Labs of Cobalt, Ontario, which is ISO 9001:2000 certified in North America, and by SGS Laboratories of Sudbury, Ontario, using standard fire assay procedures. Intercepts cited do not necessarily represent true widths, unless otherwise noted. Brigus Gold’s quality control checks include insertion of blanks and standards to ensure laboratory accuracy.

Senior Exploration Project Manager John A. Dixon P. Geo reviewed the technical exploration information in this release as the Qualified Person for the Company.

About Brigus Gold

Brigus Gold is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The company operates the wholly owned Black Fox Mine and Mill in the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses the Black Fox Mine and adjoining properties in the Township of Black River-Matheson, Ontario, Canada. Brigus Gold is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus Gold holds a 100 percent interest in the Ixhuatan Project located in the state of Chiapas, and an 80 percent interest in the Huizopa Joint Venture, an early stage, gold-silver exploration project located in the State of Chihuahua. In the Dominican Republic, Brigus Gold has a joint venture covering three mineral exploration projects.

Cautionary Note to U.S. Investors Concerning Estimates of Mineral Resources

This news release uses the term mineral “resources”. The Company advises U.S. investors that while these terms are defined in and required by Canadian regulations, these terms are not defined terms under the U.S. Securities and Exchange Commission (“SEC”) Industry Guide 7 and are generally not permitted to be used in reports and registration statements filed with the SEC. The SEC generally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant “reserves” as in-place tonnage and grade without reference to unit measures. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves.

Cautionary and Forward-Looking Statements

This news release includes “Forward-Looking Statements” within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements regarding the resource potential, resource addition or expansion, continuity of mineralization, plans for the Company’s surface and underground exploration drilling programs and the results associated therewith, the amount of surface drilling, the drill rigs operating at Black Fox Complex and the timing associated therewith, increase of Black Fox resources, matters relating to the geophysical survey of the Black Fox Complex and the timing thereof, release date of a National Instrument 43-101-compliant mineral resource estimate for the Contact Zone, and additions to resources in 2011 and 2012 are forward-looking statements and estimates that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from these forward-looking statements include environmental risks and other factors disclosed under the heading “Risk Factors” in Brigus Gold’s and its predecessor companies’ most recent annual report on Form 10-K filed with the United States Securities and Exchange Commission and elsewhere in Brigus Gold’s documents filed from time to time with the Toronto Stock Exchange, the NYSE Amex, the United States Securities and Exchange Commission and other regulatory authorities. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.

Brigus Gold Corp.

Wendy Yang, Vice President of Investor Relations

303-524-3203

ir@brigusgold.com

Alexco (AXU) Discovers Extension of Bellekeno Deposit, Further Underground Drilling Planned

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/30/10 — Alexco Resource Corp. (TSX: AXR)(NYSE Amex: AXU) (“Alexco” or the “Company”) is pleased to announce that step-out surface exploration drilling conducted to the southwest of the newly commissioned Bellekeno Mine has successfully located high grade lead-silver mineralization approximately 130 meters down plunge from the existing Bellekeno resource. The Bellekeno deep drilling program was completed as part of Alexco’s planned 2010 25,000 meter drilling program in the Keno Hill Silver District in Canada’s Yukon Territory. The one drill hole for which assay results have been received targeted the silver rich “48” vein at depth and within a stratigraphic sequence not previously tested at Bellekeno. For these reasons, the Company attaches considerable significance to this new discovery.

Highlights

Complete assay results have been received from one of two holes drilled down plunge from the Bellekeno resource area. Results include the following:

--  DDH K10-260 cut an interval grading: 2,729.0 grams per tonne silver
    (79.6 ounces per ton), 0.472 grams per tonne gold, 52.16% lead and 6.29%
    zinc over 0.40 meters from 508.15 to 508.55 meters within a wider
    interval grading 690.1 grams per tonne silver (20.1 ounces per ton),
    0.303 grams per tonne gold, 13.56% lead and 9.62% zinc over 1.91 meters
    from 508.15 to 510.06 meters.

2010 Bellekeno Surface Drilling – Deep Southwest Target

The 2010 Bellekeno deep drilling program focused on a distal but broad target developed in an untested stratigraphic zone with suspected structural conditions similar to that hosting silver-lead-zinc mineralization within the Bellekeno deposit. The successful hole penetrated the “48” vein approximately 130 meters down plunge from the southernmost zone of the existing resource. A companion hole to K10-260 has been recently completed to accurately ascertain the strike and dip of the newly discovered extension of the “48” vein. Assay results are not yet available for this hole.

Results from the deep surface drilling are currently being used to guide approximately 160 meters of underground development off the “800 level” (deepest active level in the existing mine). This new development will serve as a drill platform for close spaced definition drilling and, if warranted, calculation of additional resource in the area of the new discovery. The current resource at the Bellekeno Mine stands at 401,000 tonnes grading 921 grams silver, 9.4% lead and 6.5% zinc as outlined in 2009 (see news release dated November 11, 2009 entitled “Alexco Completes Positive Bellekeno Mine Development Plan, Silver Wheaton Concurs – Initiation of Construction Approved”).

2010 Bellekeno Surface Drilling – 99 Zone “Up Plunge” Target

A separate phase of surface exploration drilling at Bellekeno, designed to test the “up plunge” extension of the existing resource in the area of the 99 Zone, was also completed. This program, located approximately 800 meters northeast of the deep southwest target, consisted of three shallow drill holes all of which intersected the “48” and “50” veins where anticipated. Mineralization consisted mainly of oxidized siderite with local sub-ore grade silver intercepts.

The surface drill programs at Bellekeno complement an ongoing 5,000 meter underground exploration drill program testing potential down dip extensions of the 99 and Southwest resource zones. Results from this work will be used to update the current resource estimate planned for the second quarter of calendar 2011.

A composite table listing those 2010 Bellekeno surface drill holes having complete assay results is available for review along with a long section showing drill hole pierce points on the “48” vein on the Company website at www.alexcoresource.com.

Notes

True widths have not yet been determined for the above reported drill intercepts.

The 2010 exploration drill program and sampling protocol has been reviewed, verified and compiled by Alexco’s geologic staff under the oversight of Stan Dodd, Vice President, Exploration for Alexco and a Qualified Person as defined by NI 43-101. A rigorous quality control and quality assurance protocol is used on the project, including blank, duplicate and standard reference samples in each batch of 20 samples that were delivered to the lab. Drill core samples were shipped to either Agat Labs or ALS Minerals Labs at Whitehorse, Yukon Territory for preparation, with fire assay and multi-element ICP analyses done at either Agat Labs facility at Mississauga, Ontario or ALS Minerals facility in North Vancouver, British Columbia. The scientific and technical information about Alexco’s mineral projects contained in this news release has also been reviewed and verified by Mr. Dodd.

Continued 2010 District Exploration

Alexco continues exploration work within the Keno Hill district with ongoing surface core drilling at the historical Husky mine area. Core drilling programs for 2010 have been completed in the areas of the historical Lucky Queen, Silver King, Onek, Galkeno and Bermingham mines and the Flame & Moth prospect located adjacent to the new Bellekeno mill. A reverse circulation drill program in the McQuesten Valley, designed mainly to capture stratigraphic information, was also completed earlier this month.

Keno Hill Silver District History

Between 1921 and 1988, the Keno Hill Silver District produced more than 217 million ounces of silver with average grades of 40.5 ounces per ton silver, 5.6% lead and 3.1% zinc (Yukon Government’s Minfile database). The historical production grades would rank Keno Hill in the top 3% by grade of today’s global silver producers. The Keno Hill district is the second-largest historical silver producer in Canada.

About Alexco

Alexco’s business is to unlock value and manage risk at mature, closed or abandoned mine sites through integration and implementation of the Company’s core competencies which include management of environmental services, execution of mine reclamation and closure operations and if appropriate, rejuvenation of exploration and development of new mining opportunities.

Some statements in this news release contain forward-looking information concerning the Company’s anticipated results and developments in the Company’s operations in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future, made as of the date of this press release. Forward-looking statements may include, but are not limited to, statements with respect to future remediation and reclamation activities, future mineral exploration, the estimation of mineral reserves and mineral resources, the realization of mineral reserve and mineral resource estimates, the timing of activities and the amount of estimated revenues and expenses, the success of exploration activities, permitting time lines, requirements for additional capital and sources and uses of funds. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of remediation and reclamation activities; actual results of exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of gold, silver and other commodities; possible variations in ore bodies, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and delays in obtaining governmental approvals or financing or in the completion of development activities.

Contacts:
Alexco Resource Corp.
Clynton R. Nauman
President and Chief Executive Officer
604-633-4888
604-633-4887 (FAX)
info@alexcoresource.com
www.alexcoresource.com

Etisalat Lanka Expands IP Interconnects with Acme Packet (APKT)

Nov. 30, 2010 (Business Wire) — Acme Packet® (NASDAQ: APKT), the leader in session border control solutions, today announced that Etisalat Lanka, a wholly-owned subsidiary of the United Arab Emirates-based Etisalat Telecommunications Corporation, is deploying Acme Packet Net-Net® session border controllers (SBCs) to support its IP interconnects for international calls. Etisalat Lanka uses IP interconnects to enhance international voice traffic and selected Acme Packet to secure and optimize those connections for expansion. The deployment of SBCs also complements Etisalat Lanka’s migration to all-IP networks for lower total cost of ownership and the delivery of new services.

“Acme Packet provides Etisalat Lanka with the means to securely and efficiently grow our IP interconnects so we can maximize revenue,” said Mr. Sanath Pilapitiya, CTO of Etisalat Lanka. “With the Net-Net SBCs we have the industry’s leading security and control functions for our international VoIP traffic.”

Etisalat Lanka selected Acme Packet’s Net-Net 3820 Session Director to improve revenue from international calls by increasing call completion rates and providing fault tolerance and resiliency for the network by detecting and routing around network failures. The Net-Net SBC SIP header manipulation feature enables wider interoperability and expedites time to market. Call detail records and quality of service (QoS) monitoring provide real-time information on quality of calls in the network for reporting, planning and settlement.

With Acme Packet’s policy-based routing features, Etisalat Lanka has the flexibility to implement QoS-based and codec-based routing to further optimize the network in the future.

“Mobile service providers are making the transition to IP interconnects to drive down costs and prepare for the all-IP future,” said Mr. Sumant Sharma, managing director, Asia Pacific region for Acme Packet. “Etisalat Lanka is an early mover in this regard and uses Acme Packet’s rich feature set to optimize its IP interconnections.”

The Net-Net SBCs were installed by MillenniumESP, an Acme Packet channel and integration partner in Sri Lanka. MillenniumESP pioneered the deployment of SBCs in Sri Lanka and has been a leading solutions provider for service providers in the areas of voice over IP, core networks, security and data center technologies.

“We are pleased that Etisalat Lanka chose MillenniumESP to provide for their next generation IP interconnect needs,” said Mr. Faiq Faaiz, executive vice president, MillenniumIT. “I am confident that Etisalat Lanka will benefit immensely from the vast experience of MillenniumESP in the area of session border controllers in providing future next generation network services.”

About Acme Packet

Acme Packet (NASDAQ: APKT), the leader in session border control solutions, enables the delivery of trusted, first-class interactive communications—voice, video and multimedia sessions—and data services across IP network borders. Our Net-Net family of session border controllers, multiservice security gateways and session routing proxies supports multiple applications in service provider, enterprise and contact center networks—from VoIP trunking to hosted enterprise and residential services to fixed-mobile convergence. They satisfy critical security, service assurance and regulatory requirements in wireline, cable and wireless networks; and support multiple protocols—SIP, H.323, MGCP/NCS, H.248 and RTSP—and multiple border points—service provider access and interconnect, and enterprise access and trunking. Over 10,000 Acme Packet systems have been deployed by more than 1,180 customers in 105 countries. They include 92 of the top 100 service providers in the world and 11 of the Fortune 25. For more information, contact us at +1 781.328.4400, or visit www.acmepacket.com.

About Etisalat Lanka

100% owned subsidiary of Etisalat UAE, who is the world’s 13th largest telco operator with subscribers exceeding 107 million worldwide. Etisalat UAE is on a very sound financial footing with S&P recently upgrading their rating to AA-/A-1+ and Fitch reaffirming their rating to A+.

With the entry of Etisalat into Sri Lanka and re-branding of the Sri Lankan operation as Etisalat in February 2010, the name Etisalat has become a household name in the Sri Lankan market. The local company, Etisalat Lanka with the support and guidance of the giant parent telco of UAE is making in-roads into the telco market shares in Sri Lanka. Locally one of the most efficient and dynamic operators, Etisalat Lanka will continue to grow in strength whilst contributing to the economic growth of the country too.

About MillenniumESP

Part of the London Stock Exchange Group, MillenniumESP, the enterprise and service provider business of MillenniumIT, is a leading Sri Lankan information technology solutions provider, specialising in IT solutions for the financial and telecom industries. MillenniumESP also offers information technology infrastructure and consulting services.

MillenniumIT is a premier technology solutions provider serving the global capital markets industry. The company’s products currently powers exchanges, depositories, brokerages and regulatory bodies in the United States, Europe, Africa and the Asia-Pacific region.

For more information, please visit www.millenniumit.com

Acme Packet, Inc. Safe Harbor Statement

Statements contained herein that are not historical fact may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may relate, among other things, to our position in the session border control market, our expected financial and operating results, our ability to establish and maintain intellectual property rights, our ability to build and grow Acme Packet, the benefits and advantages of our products, including any enhancements or new features, services and programs, and our ability to achieve our goals, plans and objectives. Such forward-looking statements do not constitute guarantees of future performance and are subject to a variety of risks and uncertainties that could cause our actual results to differ materially from those anticipated. These include, but are not limited to: difficulties in growing our customer base, difficulties leveraging market opportunities, difficulties providing solutions that meet the needs of customers, poor product sales, long sales cycles, difficulty developing new products, difficulty in relationships with vendors and partners, higher risk in international operations, difficulty managing rapid growth, and increased competition. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in our recent filings with the Securities and Exchange Commission, including those factors discussed under the caption “Risk Factors” in such filings.

Media Contact:

CHEN PR

Ramya Kumaraswamy, +1 781-672-3147

rkumaraswarmy@chenpr.com

or

Investor Relations:

Acme Packet

Brian Norris, +1 781-328-4790

bnorris@acmepacket.com

Icagen (ICGN) and Pfizer Select Compound for Advancement in Nav1.7 Program

CONTACT:  Icagen, Inc.
          Richard D. Katz, M.D., EVP, Finance and Corporate
           Development; Chief Financial Officer
          (919) 941-5206
          rkatz@icagen.com

iMergent, Inc. (IIG) is “One to Watch”

Founded in 1999, iMergent, Inc. is focused on providing superior e-commerce solutions to entrepreneurs and businesses. The company’s proprietary software and services allows clients to sell and market their products and services, accept online orders, analyze marketing performance and manage pricing and customers efficiently over the Internet. iMergent also offers e-commerce enabled web site development and implementation, web site hosting, search engine optimization (SEO) and training.

iMergent distributes its products and services via a combination of direct sales and VARs to businesses, both domestically and internationally, including: United States, Australia, Canada, New Zealand, Singapore, and the United Kingdom. The company has firmly established itself as the leading provider of ecommerce solutions, offering a full suite of website management tools for custom web development in a point-and-click environment.

In light of the recent economic conditions, businesses are increasingly looking for new ways to increase leads and grow sales. iMergent’s feature-rich platform enables businesses to quickly develop an effective online presence, reaching millions of prospective customers across the globe. Leveraging the expertise of its proven management team, the company is poised to continue driving growth and recurring revenues through its superior product offerings and strategic partnerships.

Rubicon (RBY) Announces 4.0 Million Ounce Inferred Gold Resource Estimate Grading 20.1 g/t gold (0.59 oz/ton gold)

TORONTO, Nov. 29 /CNW/ – Rubicon Minerals Corporation (RMX:TSX | RBY:NYSE-AMEX) (“Rubicon”) is pleased to provide a NI 43-101 compliant inferred mineral resource estimate for the F2 Gold System, part of its 100%-owned Phoenix Gold Project located in the heart of the prolific Red Lake Gold District of Ontario. The estimate is summarized below:

Inferred Resource
(5 g/t cutoff & 10 gram x metre product minimum) Tonnes Grade (g/t) Grade (oz/ton) Contained ounces
Total Inferred Resource 6,200,000 20.1 0.59 4,007,000

The inferred mineral resource estimate was prepared by Geoex Limited. (“Geoex”) based on 166,886 metres of diamond drilling in 237 drill holes carried out between February 27, 2008 (the date of the initial discovery) and July 31, 2010. The estimate does not include approximately 41,702 metres of drilling completed since July 31, 2010. The inferred resource estimate was prepared using the polygonal calculation method (see below for details) which, in the opinion of Geoex, is the appropriate method and is typically used for this type of deposit. The cut-off used is considered to be an economically reasonable estimate of breakeven mining costs.

“We are very pleased with these initial results. They demonstrate that the F2 Gold System is already a significant sized gold deposit. Importantly, the gold grade of 20.1 g/t gold is high compared to most major gold deposits around the world and is consistent with the overall Red Lake camp average grade, which is Red Lake’s key advantage. Our objective now, through our ongoing delineation program is to upgrade part of this large inferred resource, move towards development and to continue to expand the gold system. Underground development on the project has already cross-cut mineralized zones at the 305 metre level and delineation drilling is underway. Photographs of the new zones are available on the Company website at www.rubiconminerals.com.” stated David Adamson, President and CEO.

Geological Potential

In addition to the above referenced inferred resource estimate, Geoex carried out an evaluation of geological potential based on an analysis of the distribution of current drilling (strike length of 898 meters as of July 31,2010) and opportunity for infill and expansion drilling to depth. The system remains open along strike and to depth beyond the current limit of drilling.

The geological potential is based on the projection and extrapolation of the inferred resource present between 0 to 500 metres below surface as this area is considered well drilled and contains an inferred resource of 3,400,000 tonnes containing 2,680,000 oz at 24.4 g/t or 0.71 oz/ton. In the area between 500 and 1500 metres below surface, drilling is wider spaced and thus large parts of the system in this area have not been adequately drill tested, however, in the opinion of Geoex, based on a review of project data, experience from elsewhere in Red Lake and general observations on lode gold deposits, the grade and tonnage profile of the area above 500 metres is likely to be replicated to depth with additional drilling. The results of this analysis are summarized in the table below:

Depth Potential Tonnes Potential Grade Potential Ounces
Above 500m (well drilled) 3,400,000 to 3,700,000 24.4 to 26.8 g/t 2,680,000 to 3,190,000
500-1500 metres (wide spaced drilling) 6,800,000 to 7,500,000 24.4 to 26.8 g/t 5,330,000 to 6,460,000
1500-2500 metres (no drilling – open) 6,800,000 to 7,500,000 24.4 to 26.8 g/t 5,330,000 to 6,460,000
Total to 2500 metres (open at depth) 17,000,000 to 18,700,000 24.4 to 26.8 g/t 13,340,000 to 16,110,000

The potential tonnages, grades and ounces set forth in the analysis of geological potential are conceptual in nature, as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

“From the early days of the discovery, we have always recognized that we are exploring a very robust and large mineralizing system, which is why we have dedicated significant drilling efforts to the 9X target area. As suggested by Geoex, the current 4.01 million ounce inferred gold resource may be only a small part of the overall gold potential of the F2 Gold System. Large areas remain to be infill-drilled and the system is open in all directions. We should also point out, we own 40% of the exploration real estate in Red Lake giving us a unique opportunity to find the next F2 Gold Deposit,” stated David Adamson, President and CEO.

Geoex will prepare an NI 43-101 compliant technical report in respect of the inferred resource estimate and geological potential discussed in this release which Rubicon will file on SEDAR within 45 days of the date this release was disseminated, and plans to complete a Preliminary Economic Assessment in respect of the F2 Gold System by the end of Q1, 2011.

Resource Calculation Methodology

The construction of the polygonal and block models was a product of collaboration between Rubicon and Geoex. Rubicon personnel included Matt Wunder P.Geo, V.P. Exploration and Eric Hinton P.Eng., Project Manager. All data in the resource evaluation were reviewed by Geoex with Mr. Peter George of Geoex assuming responsibility for the resource and geological potential estimates upon which the statements reported herein are based.

Polygonal Resource calculation

Source assay data were audited by a third party consulting firm (IoGlobal) specializing in data management and QA/QC analysis and composite intervals were calculated utilizing a minimum three and also a five gram cut-off and minimum 10 gram times metre product for all F2 system data to July 31, 2010. No top cut was applied to the data because, in the opinion of Geoex there is insufficient geostatistical data to properly determine an accurate top cut value at this time. The X, Y and Z centroid points were calculated and horizontal thickness for each composite interval was calculated utilizing a set of east-west cross sections (local mine grid). The composite intervals were classified by geological unit and centroid points for each composite interval were plotted on long sections for each geological domain utilizing AMine software. Individual zones were then interpreted in AMine.

The interpretation is largely based on a series of detailed cross sections confirming geological continuity vertically down dip and along strike (mine grid north-south). Polygons were plotted on long sections for each sub zone with ellipse parameters for the inferred resource of 75 metre vertical radius and 37.5 metre horizontal radius. Polygons were clipped where overlapping, clipped where the claim boundary and 15 metres below where the lake bottom surface was contacted. Polygon areas were calculated for each centroid point, horizontal thickness was applied to determine the volume, a specific gravity (“SG”) of 2.85 g/cm3 was applied, being derived from the average SG in preliminary metallurgical studies (see news release dated October 19, 2010). The volume of each polygon was calculated and assigned a gold grade. The sum of the polygons constitutes the inferred resource.

Block Model calculation

In addition to the polygonal resource calculation, as a means of validating the inferred resource estimate by an independent method, a block model was calculated utilizing Surpac software resulting in 5,830,000 tonnes, 3,210,000 ounces at 17.2 g/t or 0.50 opt. The block model results are within 6.7% of the tonnage, 17.1% of the contained ounces and 24.9% of the grade of the polygonal estimate (6,200,000 tonnes, 4,007,000 ounces at 20.1g/t gold or 0.59 opt). While Geoex does not consider the block model the most appropriate method for this type of deposit, the results are considered to provide strong supporting validation for the preferred polygonal estimate reported above. It should be noted that the block model results do not differ significantly regardless of whether a northeast (East Bay trend) or northwest (F2 trend) oriented search ellipse is used in the block model.

Data were audited prior to completion of the block model. For this inferred resource estimate, the data were treated as one domain. Assay data were composited at 1.0 metre intervals (no top cut was applied) and variogram analysis was completed. Two times the variogram range was utilized for oriented search ellipse parameters (list parameters) for the inferred resource calculation. A block size of 2m (E-W) by 4m (N-S) by 12m (vertical) was selected through an optimization process. Data were constrained by the lake bottom surface, the claim boundary and a western boundary was included to exclude any unrelated drilling carried out prior to February 2008. A SG of 2.85 g/cm3 was utilized.

Rubicon is a well-funded exploration and development company, focused on exploring and developing its high-grade gold discovery at its Phoenix Project in Red Lake, Ontario. Rubicon controls over 100 square miles of prime exploration ground in the prolific Red Lake gold district of Ontario which hosts Goldcorp’s high-grade, world class Red Lake Mine.

RUBICON MINERALS CORPORATION
“David W. Adamson”
President & CEO

Mineral resources that are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues. The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category. The mineral resources in this press release were estimated using CIM Standards.

Qualified Persons

Rubicon has implemented a rigorous QA/QC program to ensure best practices in the sampling and analysis of drill core. Assays were conducted on sawn NQ-sized half core sections. Delineation drilling intercepts represent true horizontal width. The saw blade is routinely cleaned between samples when visible gold is noted during logging and sampling of the drill core. Assays were conducted by SGS Minerals Services using standard fire assay on a 30 gram (1 assay ton) sample with a gravimetric finish procedure. Assays are uncut as is standard practice in Red Lake. Standards, blanks and check assays were included at regular intervals in each sample batch. Check assays on 5% of samples are carried out at a third party independent laboratory. Gold standards were prepared by CDN Resource Laboratories Ltd. Exploration drill programs and all data forming the basis of the inferred resource estimate described in this release were supervised and verified by Terry Bursey, P.Geo,. Regional Manager for Rubicon and a Qualified Person as defined by NI 43-101. All data required for the block calculation described in this release was prepared and verified by Eric Hinton, P.Eng, Project Manager of Rubicon and a Qualified Person as defined by NI 43-10. The inferred resource estimate, including the polygonal resource calculation and the block model calculation, and the geological potential analysis were prepared by Peter George, P.Geo., President and consulting geologist of Geoex, an independent Qualified Person as defined by NI 43-101, and he verified all data received from Rubicon in connection with same.

Cautionary Note to U.S. Readers Regarding Estimates of Measured, Indicated and Inferred Resources

This press release uses the term “inferred resources.” We advise U.S. investors that while this term is recognized and required by Canadian regulations, it is not recognized by the SEC. “Inferred resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an “inferred mineral resource” will ever be upgraded to a higher category. Under Canadian rules, estimates of “inferred mineral resources” may not form the basis of a feasibility study or prefeasibility studies, except in rare cases. The SEC normally only permits issuers to report mineralization that does not constitute “reserves” as in-place tonnage and grade without reference to unit measures. The term “contained gold ounces” used in this press release is not permitted under the rules of the SEC. U.S. investors are cautioned not to assume that any part or all of a measured, indicated or inferred resource exists or is economically or legally mineable.

Forward Looking Statements
This news release contains statements that constitute “forward-looking statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934 and “forward looking information” within the meaning of applicable Canadian provincial securities legislation (collectively, “forward-looking statements”) . Forward-looking statements often, but not always, are identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “targeting” and “intend” and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking statements in this document include statements regarding estimates of mineral resources, estimates of gold grades and in-place ounces, the preparation and timing of a technical report in respect of the inferred resource estimate and the proposed Preliminary Economic Assessment and the timing and nature of future exploration programs. Our exploration programs are dependent on projections which may change as drilling continues, or if unexpected ground conditions are encountered. In addition, areas of exploration potential are identified which will require substantial drilling to determine whether or not they contain similar mineralization to areas which have been explored in more detail. The description of the extent of mineralized zones is not intended to imply that any economically mineable estimate of reserves or resources exists on the Phoenix project. Similarly, although geological features of the F2 Gold System are interpreted to show similarities to nearby gold producing mines owned by third parties, this should not be interpreted to mean that the F2Gold System has, or that it will generate similar reserves or resources. Significant additional drilling is required at F2 to fully understand system size before a meaningful resource calculation can be completed.

The forward-looking statements that are contained in this news release are based on various assumptions and estimates by Rubicon and involve a number of risks and uncertainties. As a consequence, actual results might differ materially from results forecast or suggested in these forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Rubicon to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause the actual results to differ include; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; uncertainties concerning reserve and resource estimates; results of exploration, availability of capital and financing on acceptable terms, inability to obtain required regulatory approvals, unanticipated difficulties or costs in any rehabilitation which may be necessary, market conditions and general business, economic, competitive, political and social conditions. These statements are based on a number of assumptions, including assumptions regarding general market conditions, timing and receipt of regulatory approvals, the ability of Rubicon and other relevant parties to satisfy regulatory requirements, the availability of financing for proposed transactions and programs on reasonable terms and the ability of third-party service providers to deliver services in a timely manner. Although Rubicon has attempted to identify important factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements, there may be other factors which cause actual results to differ. Forward-looking statements contained herein are made as of the date of this news release and Rubicon disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Beacon Roofing Supply (BECN) Reports Fourth Quarter and Annual 2010 Results

Nov. 29, 2010 (Business Wire) — Beacon Roofing Supply, Inc. (the “Company”) (NASDAQ: BECN) announced results today for its fourth quarter and fiscal year ended September 30, 2010.

Robert Buck, the Company’s Chairman & Chief Executive Officer, stated: “Our fourth quarter and fiscal 2010 results were disappointing as industry and economic conditions remained more challenging than anticipated. We were also up against a year that had significant storm business and record annual earnings. Despite these factors, our total sales declined only 1% in the fourth quarter due, in part, to the positive impact from our current year acquisitions. In addition, our non-residential roofing and complementary product sales continued to rebound. We started to see some gains in residential business later in the year in a few of our regions that did not benefit from storms last year. Our operating expenses were well-controlled and we achieved a substantial build-up of cash in the fourth quarter. We believe the favorable long-term industry growth factors remain in place and we are in a good position to expand our Company in 2011.”

Fourth Quarter

Total sales declined 1.1% to $482.6 million in 2010 from $487.7 million in 2009, while existing market (organic) sales declined 3.8%. Excluded from the existing market results were seven additional branches in operation at the end of this year compared to September 30, 2009. Residential roofing sales in existing markets decreased 16.8%, while non-residential roofing and complementary product sales increased 11.5% and 3.3%, respectively. Residential roofing sales and gross margin were unfavorably impacted by lower average selling prices in 2010 and less re-roofing activity in post storm-affected regions.

Net income for the fourth quarter was $16.9 million compared to $19.0 million in 2009, a decline of 11.4%. Diluted net income per share was $0.37 compared to $0.42 in 2009, a decline of 11.9%. The lower net income was primarily due to a lower gross margin rate, partially offset by the benefit from reduced expenses, including lower interest expense and income taxes.

Earnings before interest, taxes, depreciation and amortization, and stock-based compensation (“Adjusted EBITDA”), which is reconciled to the net income in this press release, was $38.9 million in 2010 compared to $45.2 million in 2009, a decline of 13.9%.

Fiscal Year

Sales declined 7.2% to $1.61 billion in 2010 from $1.73 billion in 2009, while existing market sales decreased 8.7%. Residential roofing sales in existing markets decreased 18.0%, while non-residential roofing sales and complementary product sales increased 1.2% and 2.1%, respectively. Residential roofing sales and gross margin were unfavorably impacted by the same factors mentioned above for the fourth quarter and especially in the areas affected by Hurricane Ike in the first half of 2009.

Net income was $34.5 million compared to $52.4 million in 2009, a decline of 34.1%. Diluted net income per share was $0.75 compared to $1.15 in 2009, a decline of 34.8%. The lower net income was due to the decline in sales and a lower gross margin rate, partially offset by reduced expenses.

Adjusted EBITDA was $106.3 million in 2010 compared to $144.4 million in 2009, a decline of 26.4%.

Cash flow from operations was $74.5 million compared to $87.6 million in 2009. This year’s cash flows were influenced mostly by the lower net income and an increase in accounts receivable, partially offset by the benefits from a lower reduction in accounts payable and accrued expenses, a much larger decrease in inventories, and a decrease in prepaid expenses and other assets. The Company spent $19.3 million on acquisitions this year and continued to pay down debt. Cash on hand increased by $34.4 million in 2010 to $117.1 million at the end of this year compared to $82.7 million at September 30, 2009.

The Company will host a webcast and conference call today at 10:00 a.m. ET to discuss these results. The live webcast of the call, along with a webcast replay after the call, can be accessed at http://ir.beaconroofingsupply.com/events.cfm (the “Events & Presentations” page of the “Investor Relations” section of the Company’s web site). There will be a slide presentation of the results available on that page of the website as well. For those unable to connect to the Internet or who may wish to ask questions, the conference call dial-in number is 720-545-0063. To assure timely access, call participants should call in before 10:00 a.m.

Beacon Roofing Supply, Inc. is a leading distributor of roofing materials and complementary building products, operating 179 branches in 37 states in the United States and in three provinces in Eastern Canada.

Forward-Looking Statements: This release contains information about management’s view of the Company’s future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under 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, but not limited to, those set forth in the “Risk Factors” section of the Company’s latest Form 10-K. In addition, the forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point, the Company specifically disclaims any obligation to do so other than as required by federal securities laws. 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 press release.

(1) Adjusted EBITDA is defined as net income plus interest expense (net of interest income), income taxes, depreciation and amortization and stock-based compensation (i.e. stock option expense). EBITDA is a measure commonly used in the distribution industry, and we present Adjusted EBITDA to enhance your understanding of our operating performance. Adjusted EBITDA is used in our bank covenants and we use Adjusted EBITDA as an internal performance measurement and as one criterion for evaluating our performance relative to that of our peers. We believe that Adjusted EBITDA is an operating performance measure that provides investors and analysts with a measure of operating results unaffected by differences in capital structures, capital investment cycles, and ages of related assets among otherwise comparable companies. Further, we believe that Adjusted EBITDA is a useful measure because it improves comparability of results of operations, since purchase accounting used for acquisitions can render depreciation and amortization non-comparable between periods. Management uses these supplemental measures to evaluate performance period over period and to analyze the underlying trends in the Company’s business and to establish operational goals and forecasts that are used in allocating resources. We expect to compute our non-GAAP financial measures using the same consistent method from quarter to quarter and year to year.

While we believe Adjusted EBITDA is a useful measure for investors, it is not a measurement presented in accordance with United States generally accepted accounting principles, or GAAP. You should not consider Adjusted EBITDA in isolation or as a substitute for net income, cash flows from operations, or any other items calculated in accordance with GAAP. In addition, Adjusted EBITDA has inherent material limitations as a performance measure. It does not include interest expense and, because we have borrowed money, interest expense is a necessary element of our costs. In addition, Adjusted EBITDA does not include depreciation and amortization expense. Because we have capital and intangible assets, depreciation and amortization expense is a necessary element of our costs. Adjusted EBITDA also does not include stock-based compensation, which is a necessary element of our costs since we provide stock options to key members of management as an important incentive to maximize overall company performance and as a benefit. Moreover, Adjusted EBITDA does not include taxes, and payment of taxes is a necessary element of our operations. Accordingly, since Adjusted EBITDA excludes these items, it has material limitations as a performance measure. The Company’s management separately monitors capital expenditures, which impact depreciation expense, as well as amortization expense, interest expense, and income tax expense. Because not all companies use identical calculations, our presentation of Adjusted EBITDA may not be comparable to other similarly titled measures of other companies.

BECN-F

Beacon Roofing Supply, Inc.

Dave Grace, 978-535-7668 x14

CFO

dgrace@beaconroofingsupply.com

AMAG Pharmaceuticals (AMAG) Announces Update to Feraheme(R) Label

Nov. 29, 2010 (Business Wire) — AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG), today announced that the company has reached agreement with the U.S. Food and Drug Administration (FDA) regarding an update to the product label for Feraheme® (ferumoxytol) Injection for intravenous (IV) use. The updated product label, also called a package insert, includes, among other things:

• Bolded warnings and precautions that describe events that have been reported after Feraheme administration in the post-marketing environment, including life-threatening hypersensitivity reactions and clinically significant hypotension,
• A new section of the label entitled Adverse Reactions from Post-marketing Spontaneous Reports, and
• An increase in the observation period following Feraheme administration from 30 to 60 minutes to observe patients for signs and symptoms of hypersensitivity.

The updated Feraheme label does not include a boxed warning. Along with the label changes, AMAG has committed to propose a registry to better understand the frequency and timing of adverse events following Feraheme administration.

“We are pleased to have reached resolution with the Agency and have this uncertainty behind us,” said Brian J.G. Pereira, M.D., president and chief executive officer of AMAG. “As we roll out the updated Feraheme label to physicians who treat adult chronic kidney disease patients with iron deficiency anemia (IDA), we look forward to devoting our full attention to the commercialization of Feraheme in this patient population and the advancement of the registrational trials for the broader IDA indication.”

Conference Call and Webcast Access

AMAG Pharmaceuticals, Inc. will host an audio webcast and conference call today at 8:00 a.m. ET to discuss this press release. To access the conference call via telephone, please dial (877) 412‐6083 from the United States or (702) 495‐1202 for international access. A telephone replay will be available from approximately 11:00 a.m. ET on November 29, 2010 through midnight on December 1, 2010. To access a replay of the conference call, dial (800) 642‐1687 from the United States or (706) 645‐9291 for international access. The passcode for the live call and the replay is 27619200.

The call will be webcast and accessible through the Investors section of the company’s website at www.amagpharma.com. The webcast replay will be available from approximately 11:00 a.m. ET on November 29, 2010 through midnight on December 29, 2010.

About AMAG Pharmaceuticals, Inc.

AMAG Pharmaceuticals, Inc. is a biopharmaceutical company focused on the development and commercialization of a therapeutic iron compound to treat iron deficiency anemia. AMAG manufactures and sells Feraheme® (ferumoxytol) Injection for intravenous (IV) use. For additional company or product information, please visit www.amagpharma.com or http://feraheme.com.

Important Safety Information About Feraheme

Indication and contraindications

Feraheme is indicated for the treatment of iron deficiency anemia in adult patients with chronic kidney disease. Feraheme is contraindicated in patients with evidence of iron overload, known hypersensitivity to Feraheme or any of its components, and patients with anemia not caused by iron deficiency.

Warnings and precautions

Feraheme may cause life-threatening hypersensitivity reactions including anaphylaxis and/or anaphylactoid reactions. Anaphylactic type reactions, presenting with cardiac/cardiorespiratory arrest, clinically significant hypotension, syncope, and unresponsiveness have been reported in the post-marketing experience. In clinical studies, serious hypersensitivity reactions were reported in 0.2% (3/1,726) of subjects receiving Feraheme. Patients should be observed for signs and symptoms of hypersensitivity for at least 60 minutes following each Feraheme injection and the drug should only be administered when personnel and therapies are immediately available for the treatment of anaphylaxis and other hypersensitivity reactions.

Severe adverse reactions of clinically significant hypotension have been reported in the post-marketing experience. Please monitor for signs and symptoms of hypotension following each Feraheme injection. Excessive therapy with parenteral iron can lead to excess storage of iron with the possibility of iatrogenic hemosiderosis. As a superparamagnetic iron oxide, Feraheme may transiently affect magnetic resonance diagnostic imaging studies for up to 3 months following the last Feraheme dose. Feraheme will not affect X-ray, CT, PET, SPECT, ultrasound, or nuclear imaging.

Adverse reactions

In clinical trials, the most commonly occurring adverse reactions in Feraheme treated patients versus oral iron treated patients reported in ≥ 2% of chronic kidney disease patients were diarrhea (4.0% vs. 8.2%), nausea (3.1% vs. 7.5%), dizziness (2.6% vs. 1.8%), hypotension (2.5% vs. 0.4%), constipation (2.1% vs. 5.7%) and peripheral edema (2.0% vs. 3.2%).

Post-marketing safety experience

Adverse reactions have been identified during post-approval use of Feraheme. Because adverse reactions are reported voluntarily from a population of uncertain size, it is not always possible to reliably estimate their frequency or establish a causal relationship to drug exposure.

The following serious adverse reactions have been reported from the post-marketing spontaneous reports with Feraheme: life-threatening anaphylactic/anaphylactoid reactions, cardiac/cardiorespiratory arrest, clinically significant hypotension, syncope, unresponsiveness, loss of consciousness, tachycardia/rhythm abnormalities, angioedema, ischemic myocardial events, congestive heart failure, pulse absent, and cyanosis. These adverse reactions have occurred up to 30 minutes after the administration of Feraheme injection. Reactions have occurred following the first dose or subsequent doses of Feraheme.

Please visit http://www.feraheme.com for a copy of the full prescribing information.

AMAG Pharmaceuticals

Amy Sullivan, 617-498-3303

Carol Miceli, 617-498-3361

Mellanox Technologies Ltd. (MLNX) Announces Definitive Agreement to Acquire Voltaire Ltd. (VOLT) for Cash

Nov. 29, 2010 (Business Wire) — Mellanox® Technologies, Ltd. (NASDAQ:MLNX) (TASE:MLNX), a leading supplier of end-to-end connectivity solutions for servers and storage systems, and Voltaire Ltd. (NASDAQ:VOLT), a leading provider of scale-out data center fabrics, announced today that they have signed a definitive agreement under which Mellanox will acquire 100 percent of Voltaire’s outstanding ordinary shares for cash at a price of $8.75 per share, or a total equity value of approximately $218 million ($176 million net of cash). The terms of the transaction have been unanimously approved by both the Mellanox and Voltaire Boards of Directors. The transaction is currently projected to close in the first quarter of 2011, subject to certain closing conditions. The combination of the two companies will strengthen Mellanox’s position as a premier, end-to-end connectivity solutions provider for the growing worldwide data center server and storage markets. According to Gartner*, worldwide server shipments are expected to increase from approximately 9 million in 2010 to 11.2 million in 2014, and worldwide storage systems are expected to grow from approximately 1.8 million in 2010 to 3.2 million in 2014.

The combined businesses currently have approximately 700 employees and achieved revenues of $217 million for the twelve months ended Sept. 30, 2010.

Mellanox currently anticipates that the transaction will be accretive to its fiscal 2011 non-GAAP earnings by $0.02 – $0.05 or more per share. With highly complementary products, markets, customers and strategies, Mellanox expects the proposed acquisition of Voltaire to enhance its market position as a leading provider of end-to-end connectivity solutions for servers and storage systems. The combination will also help Mellanox achieve meaningful revenue and cost synergies over time, with estimated, annualized cost synergies of at least $10 million by the end of 2012.

Mellanox’s Board of Directors has indicated its intention to nominate Ronnie Kenneth, the chairman and CEO of Voltaire, to join its Board of Directors at Mellanox’s Annual General Meeting of shareholders, which it currently anticipates will be held in May 2011. Mr. Kenneth has indicated his intention to join the Board of Directors of Mellanox.

Mellanox and Voltaire believe that employees represent one of their most important assets, and Mellanox looks forward to combining employees from both organizations under one unified management team. Mellanox expects to run the combined business from both companies’ current offices located in Israel, the United States and around the world. Further, Mellanox intends to retain both companies’ existing product lines and will converge such lines in future product generations to ensure continuity for customers and partners of both companies. Through this acquisition, Mellanox expects to achieve additional scale to permit it to operate as a larger, more successful and more profitable enterprise, thus increasing value for the combined company’s shareholders and customers.

“The combination of Mellanox and Voltaire will create a leading provider of connectivity solutions for our customers by leveraging the complementary strengths of our companies. Together, we believe the combined company will be a stronger business partner and system solutions provider, delivering customers a comprehensive range of end-to-end connectivity solutions,” said Eyal Waldman, president, chairman and CEO of Mellanox Technologies. “We welcome the great talent from Voltaire and look forward to completing the integration of our employees to create a superior combined company.”

“We believe this is a great transaction for our customers, employees and shareholders,” said Ronnie Kenneth, chairman and CEO of Voltaire. “We expect the combined company to offer our customers the financial strength of Mellanox, industry-leading solutions and world-class development teams that drive innovation and enhance market opportunities.”

Mellanox believes that the Voltaire acquisition will strengthen its leadership position in providing end-to-end connectivity systems and will expand its software and product offerings in the growing worldwide data center server and storage markets it serves.

Under the terms of the definitive agreement, Voltaire shareholders will receive $8.75 for each ordinary share of Voltaire that they hold at the closing of the transaction. The proposed acquisition is subject to customary closing conditions, including the receipt of applicable regulatory approvals and the approval of Voltaire’s shareholders.

In connection with the transaction, J.P. Morgan acted as exclusive financial adviser to Mellanox, and Bank of America Merrill Lynch acted as exclusive financial adviser to Voltaire.

Conference Call

Mellanox and Voltaire will jointly conduct an audio webcast to discuss Mellanox’s agreement to acquire Voltaire today at 5:30 a.m. Pacific Time. To listen to the call, dial 973-409-9610 approximately ten minutes prior to the start time. Presentation slides along with audio replay of the call will be available following the call on the investor relations section of the Mellanox website at http://ir.mellanox.com.

About Voltaire

Voltaire (NASDAQ:VOLT) is a leading provider of scale-out computing fabrics for data centers, high performance computing and cloud environments. Voltaire’s family of server and storage fabric switches and advanced management software improve performance of mission-critical applications, increase efficiency and reduce costs through infrastructure consolidation and lower power consumption. Used by more than 30 percent of the Fortune 100 and other premier organizations across many industries, including many of the TOP500 supercomputers, Voltaire products are included in server and blade offerings from Bull, Fujitsu, HP, IBM, NEC and SGI. Founded in 1997, Voltaire is headquartered in Ra’anana, Israel and Chelmsford, Massachusetts. More information is available at www.voltaire.com or by calling 1-800-865-8247

About Mellanox

Mellanox Technologies is a leading supplier of end-to-end connectivity solutions for servers and storage that optimize data center performance. Mellanox products deliver market-leading bandwidth, performance, scalability, power conservation and cost-effectiveness while converging multiple legacy network technologies into one future-proof solution. For the best in performance and scalability, Mellanox is the choice for Fortune 500 data centers and the world’s most powerful supercomputers. Founded in 1999, Mellanox Technologies is headquartered in Sunnyvale, California and Yokneam, Israel. For more information, visit Mellanox at www.mellanox.com.

Important Information:

In connection with the proposed transaction, Voltaire will prepare a proxy statement to be delivered to its shareholders, and intends to furnish such proxy statement to the Securities and Exchange Commission under cover of Form 6-K. Before making any voting or investment decision with respect to the transaction, investors and security holders of Voltaire are urged to read the proxy statement and the other relevant materials when they become available because they will contain important information about the transaction. The proxy statement and other documents may be obtained for free by directing such request to Voltaire Investor Relations, telephone: +1-800-865-8247 or at www.voltaire.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This document contains 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. These forward-looking statements are based on our current expectations, estimates and projections about our industry and business, management’s beliefs and certain assumptions made by us, all of which are subject to change.

Forward-looking statements can often be identified by words such as “projects,” “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.

The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: the challenges and costs of closing, integrating, restructuring and achieving anticipated annualized cost synergies; the ability to retain key employees; the actual worldwide server shipment growth rate from 2011 to 2014; the actual worldwide storage systems growth rate from 2011 to 2014; the impact of the transaction discussed herein on the Company’s actual financial results; negative customer reaction to the proposed acquisition; the continued growth in demand for our products; the continued, increased demand for industry standards-based technology; our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our OEM partners; our ability to effectively compete in our industry; fluctuations in demand; sales cycles and prices for our products and services; our success converting design wins to revenue-generating product shipments; and, our ability to protect our intellectual property rights.

In addition, if Voltaire does not receive required shareholder approval or if the parties fail to satisfy other conditions to closing, the transaction may not be consummated and the anticipated benefits to Mellanox and Voltaire of the proposed acquisition would not be realized. In any forward-looking statement in which Mellanox or Voltaire expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the statement or expectation or belief will result or be achieved or accomplished.

In addition, current uncertainty in the global economic environment poses a risk to the overall economy as businesses may defer purchases in response to tighter credit conditions, changing overall demand for our products, and negative financial news. Consequently, our results could differ materially from our prior results due to these general economic and market conditions, political events and other risks and uncertainties described more fully in our documents filed with or furnished to the SEC.

More information about the risks, uncertainties and assumptions that may impact the transaction and the parties’ businesses is set forth in Mellanox’s Form 10-K filed with the SEC on March 5, 2010 and Form 10-Q filed with the SEC on August 4, 2010, and Voltaire’s Form 20-F filed with the SEC on March 25, 2010, including “Risk Factors”. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.

Mellanox, BridgeX, ConnectX, InfiniBlast, InfiniBridge, InfiniHost, InfiniRISC, InfiniScale, InfiniPCI, PhyX and Virtual Protocol Interconnect are registered trademarks of Mellanox Technologies, Ltd. CORE-Direct, and FabricIT are trademarks of Mellanox Technologies, Ltd. All other trademarks are property of their respective owners.

*Gartner: 20 September 2010, ID: G00208105, Forecast: Servers by Form Factor, Worldwide, 3Q10 Update and ID: G00206858, Forecast: External Controller-Based Disk Storage, Worldwide, 2010-2014, 3Q10 Update

Mellanox Technologies, Ltd.

Brian Sparks, 408-970-3400

media@mellanox.com

or

Janine Zanelli, 408-970-3400

janine@mellanox.com

or

Voltaire, Ltd.

Asaf Somekh, +972-74-7129323

asafs@voltaire.com

or

Stapleton Communications Inc.

Deborah Stapleton, 650-470-0200

deb@stapleton.com

or

Gelbart Kahana

Nava Ladin, +972-3-6074717

nava@gk-biz.com

Amarin’s (AMRN) AMR101 Meets Pivotal Phase 3 Study Endpoints With Highly Statistically Significant Reductions in Triglycerides

Orient Paper (ONP) Audit Committee Concludes Independent Investigation

BAODING, Hebei, China, Nov. 24, 2010 /PRNewswire-Asia-FirstCall/ — Orient Paper, Inc. (Amex: ONP) (“Orient Paper” or the “Company”), a leading manufacturer and distributor of diversified paper products in Hebei, China, today announced that the independent investigation that was conducted by the Audit Committee of Orient Paper with the assistance of Loeb & Loeb LLP (“Loeb & Loeb”) and Deloitte & Touche Financial Advisory Services Limited (“Deloitte”) has concluded.

Mr. Drew Bernstein, Chairman of Orient Paper’s Audit Committee, commented, “The independent investigation has concluded.  We would like to thank all the personnel involved in the investigation and are pleased with the results. We expect to issue a press release summarizing the results of the investigation next week.”

About Orient Paper, Inc.

Orient Paper, Inc., through its wholly owned subsidiary, Shengde Holdings, Inc., controls and operates Baoding Shengde Paper Co., Ltd. (“Baoding Shengde”) and Hebei Baoding Orient Paper Milling Co., Ltd (“HBOP”). Founded in 1996, HBOP is engaged in the production and distribution of products such as corrugating medium paper, offset printing paper, and other paper and packaging-related products in China. The Company uses recycled paper as its primary raw material. Baoding Shengde, founded in June 2009 and located in Baoding, is engaged in the production and distribution of digital photo paper. As one of the largest paper producers in Hebei Province, China, HBOP is strategically located in Baoding, a city in close proximity to Beijing where the majority of publishing houses are based. Orient Paper is led by an experienced management team committed to diversifying the Company’s product offering and delivering tailored services to its customers. For more information, please visit http://www.orientpaperinc.com.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the Company’s ability to introduce new products; the Company’s ability to implement the planned capacity expansion of corrugated medium paper; market acceptance of new products; general economic and business conditions; the ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company’s filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

PharmAthene (PIP) Announces Full Exercise of Over-Allotment Option

ANNAPOLIS, Md., Nov. 24, 2010 /PRNewswire-FirstCall/ — PharmAthene, Inc., (NYSE Amex: PIP) a biodefense company developing medical countermeasures against biological and chemical threats, today announced that the 645,000 share over-allotment option granted to the underwriter in conjunction with the registered public offering consummated on November 3, 2010 was exercised in full on November 22, 2010.  The closing of the sale of the related shares occurred on November 23, 2010.

The sale of the over-allotment shares generated net proceeds, before expenses, of approximately $2.1 million, which the Company intends to use for repayment of debt and general corporate purposes.

Roth Capital Partners, LLC served as sole underwriter for the offering. Noble Financial Capital Markets served as the Company’s financial advisor in connection with the offering.

The securities described above were offered by PharmAthene pursuant to a registration statement previously filed and declared effective by the Securities and Exchange Commission on February 13, 2009. 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 jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The securities may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. Copies of the prospectus and the final prospectus supplement may be obtained, when available, at the Securities and Exchange Commission’s website at http://www.sec.gov/. Copies of the prospectus and the final prospectus supplement may also be obtained from Roth Capital Partners, LLC Equity Capital Markets, 24 Corporate Plaza, Newport Beach, CA 92660, at 800-678-9147 and Rothecm@roth.com.

About PharmAthene, Inc.

PharmAthene was formed to meet the critical needs of the United States and its allies by developing and commercializing medical countermeasures against biological and chemical weapons. PharmAthene’s lead product development programs include:

• SparVax™ – a second generation recombinant protective antigen (rPA) anthrax vaccine
• Valortim® – a fully human monoclonal antibody for the prevention and treatment of anthrax infection
• Countermeasures for nerve agent poisoning by organophosphate compounds, including nerve gases and pesticides, whose active ingredient is the recombinant enzyme, butyrylcholinesterase (rBChE)

Statement on Cautionary Factors

Except for the historical information presented herein, matters discussed may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements preceded by, followed by, or that include the words “potential”; “believe”; “anticipate”; “intend”; “plan”; “expect”; “estimate”; “could”; “may”; “should”; “will”; “project”; “potential”; or similar statements are forward-looking statements. PharmAthene disclaims any intent or obligation to update these forward-looking statements other than as required by law. Risks and uncertainties include risk associated with the reliability of the results of the studies relating to human safety and possible adverse effects resulting from the administration of the Company’s product candidates, unexpected funding delays and/or reductions or elimination of U.S. government funding for one or more of the Company’s development programs, the award of government contracts to our competitors, unforeseen safety issues, challenges related to the development, scale-up, technology transfer, and/or process validation of manufacturing processes for our product candidates, unexpected determinations that these product candidates prove not to be effective and/or capable of being marketed as products, challenges related to the implementation of our NYSE Amex compliance plan, (for example, if the Exchange deems PharmAthene’s progress toward compliance inadequate or if PharmAthene does not satisfy the NYSE Amex continuing listing standards by January 26, 2010), as well as risks detailed from time to time in PharmAthene’s Forms 10-K and 10-Q under the caption “Risk Factors” and in its other reports filed with the U.S. Securities and Exchange Commission (the “SEC”).

Copies of PharmAthene’s public disclosure filings are available from its investor relations department and our website under the investor relations tab at www.PharmAthene.com.

Warren Resources (WRES) to Present at the Capital One Southcoast 2010 Energy Conference

NEW YORK, Nov. 24, 2010 (GLOBE NEWSWIRE) — Warren Resources, Inc. (Nasdaq:WRES) today announced that on Tuesday, December 7, 2010, Timothy A. Larkin, the Company’s Executive Vice President & CFO, and David E. Fleming, its Senior Vice President & General Counsel, will present at the Capital One Southcoast 2010 Energy Conference at the Omni Royal Orleans Hotel located at 621 St. Louis Street, New Orleans, Louisiana.

A copy of the presentation will be available on the Company’s website beginning Monday, December 6, 2010 at www.warrenresources.com under “Investors – Webcasts & Presentations.”

Warren Resources, Inc. is an independent energy exploration, development and production company that uses advanced technologies to systematically explore, develop and produce domestic on-shore oil and natural gas reserves. Warren’s activities are primarily focused on oil in the Wilmington field in California and natural gas in the Washakie Basin in Wyoming. The Company is headquartered in New York, New York, and its exploration and development subsidiary, Warren E&P, Inc., has offices in Casper, Wyoming and Long Beach, California.

CONTACT:  Warren Resources, Inc.
          Media Contact:
          David Fleming
          212-697-9660

CNinsure (CISG) Announces Management’s Plan to Purchase Company Shares

GUANGZHOU, China, Nov. 24, 2010 (GLOBE NEWSWIRE) — CNinsure Inc. (Nasdaq:CISG), (the “Company” or “CNinsure”), a leading independent insurance intermediary company operating in China, today announced that Mr. Yinan Hu, its founder, chairman and chief executive officer, Mr. Peng Ge, its chief financial officer, and other senior management plan to purchase shares of the Company in the open market.

Mr. Yinan Hu commented: “CNinsure has continued its successful track record of delivering solid financial performance in the third quarter 2010 with total net revenues and net income attributable to CNinsure’s shareholders growing 30.4% and 42.7%, respectively. However, in view of the recent stock price which we believe has rendered our stocks significantly undervalued, we’ve decided to purchase shares of the Company in the open market. This plan reflects management’s full confidence in the growth prospects of the Company.”

About CNinsure Inc.

CNinsure is a leading independent insurance intermediary company operating in China. CNinsure’s distribution network reaches many of China’s most economically developed regions and affluent cities. The Company distributes a wide variety of property and casualty and life insurance products underwritten by both domestic and foreign insurance companies operating in China, and provides insurance claims adjusting service as well as other insurance-related services.

Forward-looking Statements

This press 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 “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about CNinsure and the industry. Potential risks and uncertainties include, but are not limited to, those relating to CNinsure’s limited operating history, especially its limited experience in selling life insurance products, its ability to attract and retain productive agents, especially entrepreneurial agents, its ability to maintain existing and develop new business relationships with insurance companies, its ability to execute its growth strategy, its ability to adapt to the evolving regulatory environment in the Chinese insurance industry, its ability to compete effectively against its competitors, quarterly variations in its operating results caused by factors beyond its control and macroeconomic conditions in China and their potential impact on the sales of insurance products. All information provided in this press release is as of November 24, 2010, and CNinsure undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although CNinsure believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Further information regarding risks and uncertainties faced by CNinsure is included in CNinsure’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F.

CONTACT:  CNinsure Inc.
          Oasis Qiu, Investor Relations Officer
          +86-20-61222777-850
          qiusr@cninsure.net

LGL (LGL) Signals Positive Outlook for 2011 in Stockholder Letter

ORLANDO, Fla., Nov. 23, 2010 (GLOBE NEWSWIRE) — The LGL Group, Inc. (NYSE Amex:LGL) (the “Company”) has told stockholders that it enters 2011 with strong customer and technology positions, and its key market segments, which include Telecommunications Infrastructure and Military, Instrumentation, Space and Avionics (“MISA”) Communications, are forecasting growth. In addition, the Company noted that its balance sheet is “significantly improved.”

The Company had recently announced its results for the three and nine months ended September 30, 2010. The Company reported earnings of $0.88 per share and revenues of approximately $12,397,000 for the three months ended September 30, 2010, compared to loss per share of ($0.43) and revenues of approximately $7,321,000 for the comparable period in 2009. For the nine months ended September 30, 2010, the Company reported earnings of $2.32 per share and revenues of approximately $35,633,000, compared to loss per share of ($1.32) and revenues of approximately $22,099,000 for the comparable period in 2009. Due to the utilization of the Company’s U.S. net operating losses, and the corresponding release of the valuation allowance against its otherwise recognizable U.S. net deferred tax assets, the Company’s estimated consolidated annual effective tax rate as of September 30, 2010 was 3.9%.

The outlook for 2011 was announced in a letter to stockholders dated November 15, 2010, by the Company’s President and Chief Executive Officer, Greg Anderson, who also defined a framework for the Company’s growth strategy that Mr. Anderson called the “four pillars of growth.” These included the following:

• Organic investment: Continued investment in the Company’s core components business, including new product development and efforts to increase and diversify supply capacity;
• Joint venture: Investments to gain access to intellectual property or new technologies that move the Company higher in the “product value chain”;
• Acquisitions: Seeking opportunities that provide synergy with our core business or further expand our core competencies in connection with our strategic vision; and
• Greenfield investment: Exploration of true greenfield opportunities that can bring new markets, new customers and diverse new technologies to the Company

In his letter, Mr. Anderson said, “We are pleased that the improvement in our business fundamentals has been recognized by the investment community. It is management’s intent to continue to create stockholder value by growing our operating platform, aligning senior management incentives with long-term value creation, and by broadening the existing stockholder base.”

Mr. Anderson also highlighted the Company’s current new product design efforts, specifically mentioning development of small format ASIC-based timing devices for very precise timing applications. He noted that such devices will serve as a building block for many new products for both the Telecom and MISA market segments.

About The LGL Group, Inc.

The LGL Group, Inc., through its wholly-owned subsidiary MtronPTI, manufactures and markets highly engineered electronic components used to control the frequency or timing of signals in electronic circuits. These devices are used extensively in infrastructure equipment for the telecommunications and network equipment industries, as well as in electronic systems for military applications, avionics, earth-orbiting satellites, medical devices, instrumentation, industrial devices and global positioning systems. The Company has operations in Orlando, Florida, Yankton, South Dakota and Noida, India. MtronPTI also has sales offices in Hong Kong and Shanghai, China.

For more information on the Company and its products and services, contact R. LaDuane Clifton, Chief Accounting Officer, The LGL Group, Inc., 2525 Shader Rd., Orlando, Florida 32804, (407) 298-2000, or visit the Company’s Web site: www.lglgroup.com.

The LGL Group logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7478

Caution Concerning Forward Looking Statements

This document includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. More detailed information about those factors is contained in the Company’s filings with the U.S. Securities and Exchange Commission.

CONTACT:  The LGL Group, Inc.
          LaDuane Clifton
          (407) 298-2000
          lclifton@lglgroup.com

          VJE Consultants
          Victor Emmanuel
          (914) 305-5198

Uranerz (URZ) Receives Draft NRC Materials License for Nichols Ranch ISR Project

CASPER, WYOMING — (Marketwire) — 11/23/10 — Uranerz Energy Corporation (“Uranerz” or the “Company”) (TSX: URZ)(NYSE Amex: URZ)(FRANKFURT: U9E) is pleased to announce that the United States Nuclear Regulatory Commission (“NRC”) has issued in draft form the Materials License Number SUA-1597 to the Company on its Nichols Ranch In-Situ Recovery (“ISR”) Project located in Campbell and Johnson Counties, Wyoming, U.S.A.

The draft Materials License is a fundamental step in obtaining the final NRC Materials License that, along with the State of Wyoming Permit To Mine, currently in the final stages of approval, will allow the Company to develop its first ISR uranium mine in Wyoming. “The issuance of this critical document indicates substantial progress in the permitting process,” stated George Hartman, Uranerz Chief Operating Officer. “We are now preparing to initiate the construction stage.”

The issuance of the NRC Materials License in draft form allows the Company to review the document to determine if there have been any material errors or omissions, or if there are any operational, procedural, monitoring or reporting requirements in the draft Materials License that are contrary to the requirements stated in the Company’s current revised application on file with the NRC. If there are material differences in the requirements between those stated in the draft Materials License and those stated in the revised application, the Company will have the opportunity to discuss these differences with the NRC and come to a mutually acceptable resolution. After the draft Materials License review process is completed and thirty days after the final Supplemental Environmental Impact Statement is published, the NRC can then issue the final Materials License for the Nichols Ranch ISR Project; however, there can be no assurance as to when or if the NRC will issue the final Materials License for the Nichols Ranch ISR Project. The issuance of the draft Materials License does not constitute a final licensing decision by the staff of the NRC.

About Uranerz

Uranerz Energy Corporation is a U.S.-based uranium company focused on achieving near-term commercial ISR uranium production in Wyoming, the largest producer of uranium of any U.S. State. The Uranerz management team has specialized expertise in the ISR uranium mining method, and has a record of licensing, constructing, and operating commercial ISR uranium projects. The Company has already entered into long-term uranium sales contracts with two of the largest nuclear utilities in the U.S., including Exelon.

Uranerz Energy Corporation is listed on the NYSE Amex and the Toronto Stock Exchange under the symbol “URZ”, and listed on the Frankfurt Stock Exchange under the symbol “U9E”.

Further Information

For further information, please contact Derek Iwanaka, Manager of Investor Relations at 1-800-689-1659 or by email at info@uranerz.com. Alternatively, please refer to the Company’s website at www.uranerz.com, review the Company’s filings with the United States Securities and Exchange Commission (the “SEC”) at www.sec.gov, or visit the Company’s profile on SEDAR at www.sedar.com.

Forward-looking Statements

This press release may contain or refer to “forward-looking information” and “forward-looking statements” within the meaning of applicable United States and Canadian securities laws, which may include, but are not limited to, statements with respect to anticipated progress or outcome of the Company’s permitting applications, including but not limited to its application to the NRC in respect of which the draft Materials License has been issued, statements as to anticipated plant design and construction progress, and statements which predict or project the impact of the Nichols Ranch ISR Project operations. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties outlined in our most recent financial statements and reports and registration statement filed with the SEC (available at www.sec.gov) and with Canadian securities administrators (available at www.sedar.com). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. We do not undertake to update forward-looking information or forward-looking statements, except as required by law.

Contacts:
Uranerz Energy Corporation
Derek Iwanaka
Manager of Investor Relations
604-689-1659 or 1-800-689-1659
604-689-1722 (FAX)
info@uranerz.com
www.uranerz.com

Gold Resource Corp. (GORO) Commences Mining Arista Vein System

DENVER, CO — (Marketwire) — 11/23/10 — Gold Resource Corporation (GORO) (NYSE Amex: GORO) is pleased to announce the commencement of underground mining and stockpiling of its La Arista deposit ore at the Company’s El Aguila Project. The Company is also pleased to announce the hiring of Mr. Juan Manuel Flores as Mexico Country Manager. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.

Gold Resource Corporation’s polymetallic Arista vein deposit contains high-grade gold and silver mineralization with by-product credits of copper, lead and zinc. The Arista Vein system is made up of multiple en echelon veins with the two predominant veins being the Baja and the Arista veins. Both veins have been intercepted and as mine development continues high-grade ore is being stockpiled.

Mr. Juan Manuel Flores joins Gold Resource Corporation as Mexico Country Manager. Mr. Flores has over 30+ years of experience in the mining, metallurgy and construction industries. His experience includes country manager, general manager, operations manager, project manager, mine superintendent of different mines and processing operations, in some of the most productive underground and open pit mines in Mexico.

Mr. Flores’ mining company associations include Minera Rio Tinto SA De CV, Constellation Copper, Pan American Gold Fields, Harrison Western, Mine Finders, Minera Frisco, Industrial Minera Mexico (ex-Asarco), Minas de Bacis, Cozamin, Grupo Mexbel and Groupo Summa. Mr. Flores graduated as a Mining and Metallurgist Engineer from the Universidad Autonoma de Chihuahua and in 1973 and 1974 attended the courses of the Master of Science Program, Mineral Economics, at the Colorado School of Mines.

Gold Resource Corporation’s President, Mr. Jason Reid, stated, “We welcome Mr. Flores as he will complement our excellent team of professionals. We are building a first class underground mine under the expert direction of our Project Manager, Mr. Jorge Sanchez Del Toro, and with the addition of Mr. Flores, in concert with our dedicated staff of professionals, the Company is executing its plan for aggressive growth.”

Mr. Jason Reid continued, “Commencement of stockpiling underground Arista ore, in the fourth quarter as planned, is a significant milestone for the El Aquila Project. We are presently mining the Baja vein and developing the Arista vein on the 4th level. Our spiral decline (see photo) will be to level 5 shortly where we will add additional working faces to the mining of the Baja and Arista veins.”

“We have asked our team to evaluate an accelerated schedule to process the Arista deposit high-grade polymetallic ore as soon as practicable. We want to process our highest grade ore during this time of historically high metal prices,” stated Mr. Jason Reid.

About GRC:
Gold Resource Corporation is a mining company focused on production and pursuing development of gold and silver projects that feature low operating costs and produce high returns on capital. The Company has 100% interest in five potential high-grade gold and silver properties in Mexico’s southern state of Oaxaca. The company has 52,998,303 shares outstanding, zero warrants and zero debt. For more information, please visit GRC’s website, located at www.Goldresourcecorp.com and read the Company’s 10-K for an understanding of the risk factors involved.

This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words “plan,” “target,” “anticipate,” “believe,” “estimate,” “intend” and “expect” and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding Gold Resource Corporation’s strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All forward-looking statements in this press release are based upon information available to Gold Resource Corporation on the date of this press release, and the company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company’s actual results could differ materially from those discussed in this press release. In particular, there can be no assurance that production will continue at any specific rate. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the company’s 10-K filed with the Securities and Exchange Commission.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1432076

Contact:
Greg Patterson
Corporate Development
303-320-7708

Affymax (AFFY) to Webcast Analyst Briefing on Hematide(TM)/Peginesatide Development Program

Nov. 23, 2010 (Business Wire) — Affymax, Inc. (NASDAQ:AFFY) today announced it will host an analyst briefing on Thursday, December 2, 2010 at 9:00 a.m. ET.

Affymax management will provide clinical, regulatory and commercial updates on Hematide™/peginesatide. There will also be a featured presentation by Dr. Steven Fishbane, lead investigator on the Phase 3 program and chief medical officer of Winthrop-University Hospital and chief of the division of Nephrology and medical director of Winthrop’s Dialysis Network.

The live webcast, to begin at 9:00 a.m. ET, may be accessed from the investors section of the company’s website at www.affymax.com. A replay will also be available for 30 days following the presentation.

About Hematide™/peginesatide

Peginesatide is a novel investigational synthetic, PEGylated peptidic compound that binds to and activates the erythropoietin receptor and thus acts as an ESA.

Affymax and Takeda are collaborating on the development of peginesatide and plan to co-commercialize the product once approved in the United States. Phase 3 clinical trials investigated the potential for peginesatide to treat anemia associated with chronic renal failure. The product, upon approval, will be commercialized outside the United States by Takeda.

About Affymax, Inc.

Affymax, Inc. is a biopharmaceutical company committed to developing novel drugs to improve the treatment of serious and often life-threatening conditions. For additional information, please visit www.affymax.com.

Affymax, Inc.

Sylvia Wheeler, 650-812-8861

Vice President, Corporate Communications

Astrotech (ASTC) Wins Contract for NASA Mission

AUSTIN, Texas, Nov. 23, 2010 (GLOBE NEWSWIRE) — Astrotech Corporation (Nasdaq:ASTC), a leading provider of commercial aerospace services, today announced that its Astrotech Space Operations subsidiary has won a fully-funded task order under the $35 million Vandenberg Air Force Base (VAFB) indefinite delivery, indefinite quantity (IDIQ) contract. The Company will provide facilities and payload processing services from its VAFB location in support of NASA’s National Polar-orbiting Operational Environmental Satellite System (NPOESS) Preparatory Project (NPP) mission scheduled to launch October 25, 2011.

Previous missions won under the VAFB IDIQ contract include the Ocean Surface Topography, Interstellar Boundary Explorer, Orbiting Carbon Observatory, GLORY and WISE missions. With the award of the NPP Mission, Astrotech has now been awarded six out of seven of the NASA VAFB IDIQ Missions awarded to date. NPP is a joint mission to extend key measurements in support of long-term monitoring of climate trends and of global biological productivity. The mission will provide atmospheric and sea surface temperatures, humidity sounding, land and ocean biological productivity, and cloud and aerosol properties.

From Titusville, Florida, Vandenberg Air Force Base, California and the Sea Launch Home Port facilities in Long Beach, California, Astrotech Space Operations provides all support necessary for government and commercial customers to successfully process their satellite hardware for launch, including advance planning; use of unique facilities; and spacecraft checkout, encapsulation, fueling, and transport. In its 29 year history, Astrotech has supported the processing of more than 285 spacecraft without impacting a customer’s launch schedule.

About Astrotech Corporation

Astrotech Corporation (Nasdaq:ASTC) is a commercial aerospace company that provides spacecraft payload processing and government services, designs and manufactures space hardware, and commercializes space technologies for use on Earth. The Company serves our government and commercial satellite and spacecraft customers with our pre-launch services from our Astrotech Space Operations (ASO) subsidiary and incubates space technology businesses now focusing on two companies: 1^st Detect Corporation, which is developing a mini-mass spectrometer first developed for the International Space Station; and Astrogenetix, Inc., which is developing biotech products in space and has recently developed a vaccine candidate for Salmonella.

The Astrotech Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7456

The statements in this document may contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement. These factors include, but are not limited to, continued government support and funding for key space programs, product performance and market acceptance of products and services, as well as other risk factors and business considerations described in the company’s Securities & Exchange Commission filings including the annual report on Form 10-K. Any forward-looking statements in this document should be evaluated in light of these important risk factors. The Company assumes no obligation to update these forward-looking statements.

CONTACT:  Astrotech Corporation
          Scott Haywood, Corporate Marketing and Communications
          512-485-9530
          shaywood@astrotechcorp.com

OraSure Technologies (OSUR) Receives FDA Approval to Conduct Final Phase of Clinical Studies for OraQuick(R)

BETHLEHEM, Pa., Nov. 22, 2010 (GLOBE NEWSWIRE) — OraSure Technologies, Inc. (Nasdaq:OSUR), the market leader in oral fluid diagnostics, today announced that the U.S. Food and Drug Administration (“FDA”) has granted an investigational device exemption (IDE) for the Company to conduct the final phase of clinical testing for FDA approval of its OraQuick^® Rapid HIV-1/2 Antibody Test for sale in the consumer or over-the-counter (“OTC”) market.

Receipt of the IDE allows the Company to proceed with the final phase of clinical testing which consists of a study in which individuals will conduct unsupervised self-testing using the investigational OTC version of the OraQuick^® HIV test with an oral fluid collection.

As previously announced, OraSure has already initiated site selection, training and preparation and Institutional Review Board (IRB) review for this final phase and expects enrollment to begin before the end of the year.

“We are extremely pleased to have approval to begin the final phase of studies to support our efforts to obtain FDA approval for an over-the-counter offering of our OraQuick^® HIV test,” said Douglas A. Michels, President and Chief Executive Officer of OraSure Technologies. “We look forward to continuing our work with the FDA and other members of the community to make a home use rapid HIV test available in the United States.”

About OraSure Technologies

OraSure Technologies develops, manufactures and markets oral fluid specimen collection devices using proprietary oral fluid technologies, diagnostic products including immunoassays and other in vitro diagnostic tests, and other medical devices. These products are sold in the United States as well as internationally to various clinical laboratories, hospitals, clinics, community-based organizations and other public health organizations, distributors, government agencies, physicians’ offices, and commercial and industrial entities. For more information on the Company, please go to www.orasure.com.

The OraSure Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6440

Important Information

This press release contains certain forward-looking statements, including with respect to expected clinical studies and regulatory approvals. Forward-looking statements are not guarantees of future performance or results. Known and unknown factors that could cause actual performance or results to be materially different from those expressed or implied in these statements include, but are not limited to: ability to market and sell products, whether through an internal, direct sales force or third parties; ability to manufacture products in accordance with applicable specifications, performance standards and quality requirements; changes in relationships, including disputes or disagreements, with strategic partners or other parties and reliance on strategic partners for the performance of critical activities under collaborative arrangements; failure of distributors or other customers to meet purchase forecasts or minimum purchase requirements for the Company’s products; impact of replacing distributors and success of direct sales efforts; inventory levels at distributors and other customers; impact of competitors, competing products and technology changes; impact of the economic downturn, high unemployment and poor credit conditions; reduction or deferral of public funding available to customers; competition from new or better technology or lower cost products; ability to develop, commercialize and market new products; market acceptance of oral fluid testing or other products; changes in market acceptance of products based on product performance, extended shelf life or other factors; continued bulk purchases by customers, including governmental agencies, and the ability to fully deploy those purchases in a timely manner; ability to fund research and development and other products and operations; ability to obtain and maintain new or existing product distribution channels; reliance on sole supply sources for critical product components; availability of related products produced by third parties or products required for use of our products; ability to obtain, and timing and cost of obtaining, necessary regulatory approvals for new products or new indications or applications for existing products; ability to comply with applicable regulatory requirements; history of losses and ability to achieve sustained profitability; ability to utilize net operating loss carry forwards or other deferred tax assets; volatility of our stock price; uncertainty relating to patent protection and potential patent infringement claims; uncertainty and costs of litigation relating to patents and other intellectual property; availability of licenses to patents or other technology; ability to enter into international manufacturing agreements; obstacles to international marketing and manufacturing of products; ability to sell products internationally, including the impact of changes in international funding sources and testing algorithms; loss or impairment of sources of capital; ability to meet financial covenants in agreements with financial institutions; ability to retain qualified personnel; exposure to product liability and other types of litigation; changes in international, federal or state laws and regulations; customer consolidations and inventory practices; equipment failures and ability to obtain needed raw materials and components; the impact of terrorist attacks and civil unrest; ability to identify, complete and realize the full benefits of potential acquisitions; and general political, business and economic conditions. These and other factors are discussed more fully in the Company’s Securities and Exchange Commission filings, including its registration statements, Annual Report on Form 10-K for the year ended December 31, 2009, Quarterly Reports on Form 10-Q, and other filings with the SEC. Although forward-looking statements help to provide information about future prospects, readers should keep in mind that forward-looking statements may not be reliable. The forward-looking statements are made as of the date of this press release and OraSure Technologies undertakes no duty to update these statements.

CONTACT:  OraSure Technologies, Inc.
          Investor Contact:
          Ronald H. Spair, Chief Financial Officer
          610-882-1820
          Investorinfo@orasure.com

Insteel Industries (IIIN) Announces Conference Call to Discuss Ivy Steel & Wire Acquisition

Citi Trends (CTRN) Announces Third Quarter 2010 Results

Nov. 22, 2010 (Business Wire) — Citi Trends, Inc. (NASDAQ: CTRN) today reported results for the third quarter of fiscal 2010.

Financial Highlights – Third quarter ended October 30, 2010

Total sales in the third quarter ended October 30, 2010 increased 10.0% to $140.0 million compared with $127.4 million in the third quarter ended October 31, 2009. Comparable store sales decreased 4.2% in the third quarter. A net loss of $394,000 was recognized in this year’s third quarter compared with net income of $606,000 in the third quarter of 2009. Loss per diluted share was $(0.03) in the third quarter of 2010 compared with earnings per diluted share of $0.04 in the third quarter of 2009.

Store activity in the third quarter of 2010 included 33 new openings and 5 relocations/expansions, resulting in a total store count of 458 at the end of the quarter.

Financial Highlights – First three quarters ended October 30, 2010

Total sales in the first three quarters of fiscal 2010 increased 17.9% to $450.5 million compared with $382.1 million in the same period of fiscal 2009. Comparable store sales increased 2.2% in the first three quarters of this year. Net income increased 35.7% to $11.5 million compared with $8.5 million in last year’s first three quarters. Earnings per diluted share increased to $0.79 in the first three quarters of 2010 compared with $0.58 in the same period of 2009.

Fiscal 2010 Outlook

The Company estimates that 2010 earnings will be in a range of $1.50 to $1.60 per diluted share which includes an anticipated comparable store sales decrease of 1% to 4% in the fourth quarter of 2010. The effective tax rate for 2010 is expected to be in a range of 34% to 35%.

The Company reminds investors of the complexity of accurately assessing future results given the difficulty in predicting fashion trends, consumer preferences and general economic conditions and the impact of other business variables. See “Forward-Looking Statements” below for more information regarding these uncertainties.

Investor Conference Call and Webcast

Citi Trends will host a conference call today at 9:00 a.m. ET. The number to call for the live interactive teleconference is (212) 231-2938. A replay of the conference call will be available until November 29, 2010, by dialing (402) 977-9140 and entering the passcode, 21463760. The live broadcast of Citi Trends’ quarterly conference call will be available online at the Company’s website, www.cititrends.com, as well as http://ir.cititrends.com/events.cfm, beginning today at 9:00 a.m. ET. The online replay will follow shortly after the call and continue through November 29, 2010.

During the conference call, the Company may discuss and answer questions concerning business and financial developments and trends. The Company’s responses to questions, as well as other matters discussed during the conference call, may contain or constitute information that has not been disclosed previously.

About Citi Trends

Citi Trends, Inc. is a value-priced retailer of urban fashion apparel and accessories for the entire family. After opening 2 stores thus far in November 2010, the Company currently operates 460 stores located in 27 states. Citi Trends’ website address is www.cititrends.com.

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Forward-Looking Statements

All statements other than historical facts contained in this news release, including statements regarding our future financial results and position, business policy and plans and objectives of management for future operations, are forward-looking statements that are subject to material risks and uncertainties. The words “believe,” “may,” “could,” “plans,” “estimate,” “continue,” “anticipate,” “intend,” “expect” and similar expressions, as they relate to Citi Trends, are intended to identify forward-looking statements. Statements with respect to earnings guidance are forward-looking statements. Investors are cautioned that any such forward-looking statements are subject to the finalization of the Company’s quarterly financial and accounting procedures, are not guarantees of future performance or results and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Actual results or developments may differ materially from those included in the forward-looking statements, as a result of various factors which are discussed in Citi Trends, Inc. filings with the Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, uncertainties relating to economic conditions, growth risks, consumer spending patterns, competition within the industry, competition in our markets and the ability to anticipate and respond to fashion trends. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, Citi Trends does not undertake to publicly update any forward-looking statements in this news release or with respect to matters described herein, whether as a result of any new information, future events or otherwise.

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