GreenHouse Holdings, Inc. (OTCQB:GRHU), announced the results of operations for the third quarter of Fiscal Year 2010 and is providing a shareholder update.
2010 Operational Highlights:
Acquired Life Protection Inc., (LPI) a subsidiary that provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
Signed multiple contract awards for its Life Protection (LPI) Governmental Services Division, totaling $6 million.
o The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI.
Announced that PepsiCo will partner with GreenHouse to utilize Southern California Edison’s Automated Demand Response program at its Buena Park bottling plant.
Signed Letter of Intent to acquire Control Engineering, Inc (CEI). Headquartered in Costa Mesa, California and serving clients globally, CEI provides turnkey automation and control solutions including engineering, installation and integration services.
o Experts in multiple technologies and applications, CEI’s client base includes recognizable brands from a wide range of industries including pharmaceutical, food, and beverage, utility, military and consumer goods.
Shareholder’s equity increased to $2.9 million from a deficit of approximately $2 million as of 12/31/09.
The Company is completing the necessary steps to Up-List its shares to a senior U.S. stock exchange.
o In order to facilitate the transition, GreenHouse established an independent board and appointed PKF, a nationally recognized accounting firm, as their SEC auditors.
Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) is pleased to announce the results of an updated resource estimate on its Song Jiagou Mine.
As part of the ongoing assessment on the Song Jiagou Mine, Wardrop Engineering Inc. (“Wardrop”) has revised their previous resource estimate (NR 23 April, 2010) as a result of the revision to the contract mining costs (NR 30 September 2010) which allowed cut-off grades to be reduced from 0.40 g/t to 0.30 g/t and warranted a revision of the block model.
Subsequent to the initial resource estimate, Wardrop determined that rotating the block model perpendicular to drilling direction was the most favorable orientation to evaluate the deposit and to calculate the revised resource.
The increase in the size of the resource from 53 to 72.5 million tonnes will very significantly reduce the strip ratios to be used as Majestic continues its engineering studies on the Song Jiagou mine. Wardrop will move forward now to re-evaluate a production pit design.
Majestic continues to work with Wardrop and its sister company, Tetra Tech (Beijing) Consultancy Company Limited, (both subsidiaries of Terta Tech Inc.) to complete a Preliminary Economic Assessment, concurrent with the required Chinese Geological and Engineering studies required to apply for increased production levels at Song Jiagou. The results of these studies will ultimately culminate in a Pre-feasibility report.
For More Information On Majestic Gold: www.majesticgold.net
ActivIdentity Corporation (Nasdaq:ACTI) a global leader in strong authentication and credential management, announced Metro Bank, the first full service bank to enter the UK retail banking market in more than 100 years, will use its ActivIdentity 4TRESS� Authentication Server to secure access to the bank�s Temenos T24 core banking solution. The ActivIdentity 4TRESS Authentication Server is an ideal security platform for Metro Bank because of its flexibility and off-the-shelf integration with the T24 platform. It significantly reduced the cost and complexity of deploying strong authentication with the bank�s online banking platform, based on Temenos� ARC Internet. ActivIdentity provided the 4TRESS Authentication Server plus professional services to help Metro Bank go live with the solution.
ActivIdentity Corporation is a global leader in intelligent identity assurance, providing solutions to confidently establish a person�s identity when interacting digitally.
Actuate Corporation (Nasdaq:BIRT) announced that it has formed a strategic alliance with Wipro Infotech, the India, Middle East and Africa, IT Business of Wipro Ltd and a leading provider of IT and business transformation services. Under the agreement, Wipro Infotech will promote the use of Actuate products including Actuate BIRT (Business Intelligence Reporting Tools) among organizations in India. The new alliance will allow Actuate to leverage Wipro�s market presence to support the growing number of BIRT enterprise deployments as well as BIRT developers in India and address selling opportunities and increase overall awareness in the Indian market for open source based solutions. Wipro is embracing Actuate and BIRT into its Business Intelligence practice to create a larger breadth of offerings to its customer base.
Actuate Corporation provides software and services for business intelligence and reporting, and performance management applications primarily in North America, Europe, the Middle East, and the Asia/Pacific region.
Adept Technology Inc. (Nasdaq:ADEP) the leading provider of intelligent vision-guided robotics and global robotics services, announced it is participating in the CLARA (Lyon Auvergne Rhone-Alpes Cancer cluster) program with Lyon Civil Hospitals as the robotics component in a method for treating small cancer tumors. Currently, early diagnosis of smaller tumors is made possible through screening biological tests and medical imaging. The CLARA project introduces a new concept where Adept robots will be employed to automatically locate a treatment probe close to a tumor using an innovative three-dimensional navigation robot that is guided by a tracking sensor implanted in the body.
Adept Technology, Inc., together with its subsidiaries, provides intelligent robotics systems and services for packaging, solar, medical, disk drive/electronics, machine tool automation, and automotive electronics sectors.
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