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InvestSource, Inc.: Patent Infringement Lawsuit Settlement Announced
by SmarTire
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:08092008
Stocks in the news: SmarTire Systems Inc. (OTC Bulletin Board: SMTR),
WGL Entertainment Holdings, Inc. (Other OTC:WEHI.PK), Zcom Networks,
Inc. (Other OTC:ZCMN.PK), Double-Take Software (NASDAQ: DBTK), Aladdin
Knowledge Systems Ltd. (ALDN)
September 4, 2008 -- SmarTire Systems Inc. (OTC Bulletin Board: SMTR)
announced today that it has settled its patent infringement lawsuit
against Schrader-Bridgeport International Inc. and Schrader Electronics
Ltd. ("Schrader") that was pending in the United States District Court
for the Eastern District of Virginia.
The terms of the August 21, 2008 Settlement and License Agreement
between SmarTire and Schrader are confidential. However, in a
Stipulated Judgment that was entered by the court on August 26, 2008,
Schrader has acknowledged the validity and enforceability of Smartire's
United States Patent No. 5,231,872.
Dave Warkentin, President of SmarTire, said, "We are very pleased with
both the financial and non-financial aspects of this settlement and
regard it as a positive conclusion to the action undertaken just over a
year ago. This should positively impact our business as we continue to
vigorously defend our intellectual property rights."
September 4, 2008 - WGL Entertainment Holdings, Inc. (Other
OTC:WEHI.PK) announced today that it has closed a broadcast license
agreement with Zcom Networks, Inc. (Other OTC:ZCMN.PK) which will
result in WGL receiving 15,000,000 shares of common stock of that
company, which management will in turn distribute to all WGL
Entertainment Holdings shareholders in the form of a dividend. Shares
will be distributed on a pro rata basis; each WEHI shareholder of
record as of the close of business on October 1, 2008 will receive
approximately one share of ZCMN for every 500 shares of WEHI owned.
Zcom Networks (Zcom) targets early opportunity companies in Telecom,
Media, and Technology that have potential to grow rapidly; limiting the
risk associated with early stage start-ups. Opportunities may be
enhanced through the identification, development and deployment of
VOIP, IP and/or new technology paradigm shifts.
WGL Entertainment Holdings, Inc. (WGL) has signed a Broadcast License
Agreement with Zcom, giving it non-exclusive broadcast rights to all
WGL content, including the WGL Million Dollar Shootout. This content
will be broadcast across Zcom's multi-media subsidiaries, including
satellite broadcast transmission and across Zcom online content portals
via its subsidiaries including Big Media USA (www.bigmediausa.com). In
addition to the broadcast license agreement, WGL will work closely with
Zcom Networks' CEO, Alex Parsinia, Ph.D., who will assist WGL with
future mergers and acquisitions as his expertise is in International
Business Affairs.
September 5, 2008 - Double-Take Software (NASDAQ: DBTK), a leading
infrastructure software company, will host a webinar featuring
technology specialist, Chris Chalmers from Microsoft. The September 9
webinar will focus on providing attendees with tips on how to integrate
Microsoft Exchange 2007 with Double-Take Software product offerings.
Webinar attendees will learn that the protection and recovery
capabilities of Double-Take Software products combined with the new
recovery features within Microsoft Exchange 2007 provide an end-to-end
solution for Exchange 2007 protection, eliminating single points of
failure and providing the utmost flexibility and redundancy for
business-critical Exchange messaging data.
Join Double-Take Software along with a Microsoft technology specialist
to discuss:
* Why you should upgrade to Exchange 2007 (if you haven't already)
* How to provide an additional level of protection for Exchange 2007
server Hub and Transport, Mailbox Server and Client Access Server roles
by replicating the data using asynchronous, byte-level replication to
standby systems
* How to use Double-Take Software solutions in addition to Exchange
2007 for advanced disaster recovery or remote availability purposes -
including recovery of Microsoft Clusters running Exchange Server 2007
* Date: Tuesday, September 9, 2008 Time: 11am - 12pm ET
September 5, 2008 -Aladdin Knowledge Systems Ltd. (ALDN), an
information security leader specializing in authentication, software
DRM and content security, today announced that it has completed the
acquisition previously announced on July 30, 2008, of the Secure
SafeWord product line from Secure Computing Corporation (NasdaqGS:SCUR)
for approximately $65 million in cash, including acquisition costs.
The Company today also raised guidance for the fiscal year 2008 to give
effect to the completion of the SafeWord acquisition, as well as
preliminary estimates of the performance of the Company's core business.
Aladdin and SafeWord will maintain service to SafeWord's customers by
providing continued manufacturing services, as well as sales, service
and support.
Market Wrap for September 5, 2008 - Friday was shaping up to be another
session of hefty losses until buyers emerged midsession to lend support.
Sentiment received little help from technology, which is the largest
among the major economic sectors. Shares of tech firms have been hit
during recent sessions amid fears However, the tech sector did receive
leadership from flash memory storage company SanDisk (SNDK 17.64,
+4.18). SanDisk saw its shares surge amid takeover chatter.
Financials garnered attention after Reuters reported that Blackstone
Group (BX 16.43, -0.31) and KKR are each looking to buy parts of Lehman
Brothers (LEH 16.20, +1.03).
The news helped financials emerge as a leader, helping induce
broad-based gains. They were down 1.7% at their session low, right
about the time the S&P 500 was down 1.6%. However, financials finished
the day as the best performing sector, up 3.2%. The S&P 500 ascended to
close with decent gains.
Sliding oil prices also helped the overall sentiment. Oil retreated
1.4% to settle around $106.40 per barrel. It is down 7.8% this week.
The dollar climbed 0.5% against a basket of trade-weighted securities.
It is now up 3.0% this year. DJ30 +32.73 NASDAQ -3.16 NQ100 -0.4% R2K
+0.0% SP400 +0.4% SP500 +5.48 NASDAQ Adv/Vol/Dec 1265/2.26 bln/1512
NYSE Adv/Vol/Dec 1583/1.20 bln/1518
ABOUT INVESTSOURCE, INC.: WIN an 8 day 7 nights Caribbean Getaway, GO
TO: www.investsourceinc.com.
Coming in late Summer of this year: Go Baby GO!!! The first book of its
kind on the OTCBB and Pink Sheet Markets
www.gobabygobook.com .
To hear "The Fastest 60 Seconds in the Small-Cap Market," please go to
www.ceo-corner.com
InvestSource, Inc. is not a licensed broker, broker dealer, market
maker, investment banker, investment advisor, analyst or underwriter.
InvestSource, Inc. affiliates, officers, directors and employees may
also have bought, or may buy the shares discussed in this opinion and
may profit in the event of a rise in value. InvestSource, Inc. will not
advise as to when it decides to sell and does not, and will not, offer
any opinion as to when others should buy or sell; each investor must
make that decision based on his or her judgment of the market
InvestSource has received 5 million shares of Greenstone Holdings for
services rendered. Please consult your broker before purchasing or
selling any securities mentioned herein. To view full disclaimers,
please go to http://investsourceinc.com/php/disclaimer.php
(disclaimers).
This release may contain statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E the Securities Exchange Act of 1934,
as amended. The words "may," "would," "will," "expect," "estimate,"
"anticipate," "believe," "intend," and similar expressions and
variations thereof are intended to identify forward-looking statements.
Investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve risks and
uncertainties, many of which are beyond the Company's ability to
control, and that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors. The information contained in an InvestSource profile is
provided as an information service only. The accuracy or completeness
of the information is not warranted and is only as reliable as the
sources from which it was obtained. InvestSource has not been
compensated for services rendered. To view full disclaimers, please go
to http://investsourceinc.com/content/disclaimer.
DISCLAIMER: WEHI This release may contain statements that constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E the Securities
Exchange Act of 1934, as amended. The words "may," "would," "will,"
"expect," "estimate," "anticipate," "believe," "intend," and similar
expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond the Company's
ability to control, and that actual results may differ materially from
those projected in the forward-looking statements as a result of
various factors. The information contained in an InvestSource profile
is provided as an information service only. The accuracy or
completeness of the information is not warranted and is only as
reliable as the sources from which it was obtained. InvestSource has
not been compensated for services rendered. To view full disclaimers,
please go to http://investsourceinc.com/content/disclaimer.
Disclaimer: ZCMN This release may contain statements that constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E the Securities
Exchange Act of 1934, as amended. The words "may," "would," "will,"
"expect," "estimate," "anticipate," "believe," "intend," and similar
expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance and
involve risks and uncertainties, many of which are beyond the Company's
ability to control, and that actual results may differ materially from
those projected in the forward-looking statements as a result of
various factors. The information contained in an InvestSource profile
is provided as an information service only. The accuracy or
completeness of the information is not warranted and is only as
reliable as the sources from which it was obtained. InvestSource has
agreed to be compensated 2,400,000 shares of free trading shares of
ZCMN for services rendered. To view full disclaimers, please go to
http://investsourceinc.com/content/disclaimer.
CONTACT: InvestSource, Inc
WWW: http://www.investsourceinc.com
((M2 Communications Ltd disclaims all liability for information
provided within M2 PressWIRE. Data supplied by named party/parties.
Further information on M2 PressWIRE can be obtained at
http://www.presswire.net on the world wide web. Inquiries to
info@m2.com)).
Copyright ? 2008 M2 Communications Ltd.
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