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Mercator Transport Group Corporation announces the opening of a $ 1 000 000 credit line with HSBC Bank Canada

LAVAL, QC, July 22 /CNW Telbec/ - Mercator Transport Group Corporation ("Mercator") (TSX-V : GMT), is pleased to announce the opening of a new secured $ 1 000 000 credit line with HSBC Bank Canada. This new credit line is replacing the $ 750 000 credit line held with the Royal Bank of Canada. The new credit line will be subjected to HSBC Bank Canada's preferential interest rate plus 1.50%.

Orange France sells 116,000 3G iPhones since launch

Orange France said it had sold 116,000 Apple iPhone 3G smartphones since it launched the product in the middle of July, compared to taking nearly five months to sell 100,000 units of the first version of the iPhone, writes Les Echos. The success of the new version is partly attributed to Orange's decision to offer it through retailers such as Fnac, Darty and Auchan. It only sold the first iPhone at Orange stores. According to Orange, half of its iPhone 3G users first had the original version. Orange is selling the 3G phone for EUR 149 compared to the first version's retail price of EUR 399. Rival mobile operator SFR said that 40,000 of its subscribers had a first generation iPhone and between 1,500 and 2,000 owned the iPhone 3G. The operator made concessions to some of its clients by partially reimbursing the price of iPhones bought as st

Orange France sells 116,000 3G iPhones since launch

Orange France said it had sold 116,000 Apple iPhone 3G smartphones since it launched the product in the middle of July, compared to taking nearly five months to sell 100,000 units of the first version of the iPhone, writes Les Echos. The success of the new version is partly attributed to Orange's decision to offer it through retailers such as Fnac, Darty and Auchan. It only sold the first iPhone at Orange stores. According to Orange, half of its iPhone 3G users first had the original version. Orange is selling the 3G phone for EUR 149 compared to the first version's retail price of EUR 399. Rival mobile operator SFR said that 40,000 of its subscribers had a first generation iPhone and between 1,500 and 2,000 owned the iPhone 3G. The operator made concessions to some of its clients by partially reimbursing the price of iPhones bought as st

Rosetta Disk Designed For 2,000 Years Archive

Hugh Pickens writes "Kevin Kelly has an interesting post about an archive designed with an estimated lifespan of 2,000 -10,000 years to serve future generations as a modern Rosetta Stone. The Rosetta disk contains analog 'human-readable' scans of scripts, text, and diagrams using nickel deposited on an etched silicon disk and includes 15,000 microetched pages of language documentation in 1,500 different languages, including versions of Genesis 1-3, a universal list of the words common for each language, and pronunciation guides. Produced by the Long Now Foundation, the plan is to replicate the disk promiscuously and distribute them around the world in nondescript locations so at least one will survive their 2,000-year lifespan. 'This is one of the most fascinating objects on earth,' says Oliver Wilke.

This artist has 30,000 Ganeshas, wants 70,000 more

A Bangalore-based painter's love for Ganesha is taking him to different parts of India hunting for idols and images of the elephant-headed god. In three years he has gathered 30,000 pieces. His aim is to take the collection to 100,000 in the next seven years.

IPotential Announces Record Patent Sales of $50 Million in Q2 2008

IPotential, LLC, the premier provider of complete intellectual property strategy and patent monetization services, today announced record patent sales for the quarter ending June 30 that produced $50,225,000 for sellers of high tech intellectual property. This result includes a number of notable transactions, including two transactions which generated at least $10,000,000 each and 10 transactions raising at least $1,000,000 each.

IPotential Announces Record Patent Sales of $50 Million in Q2 2008

SAN MATEO, Calif., BUSINESS WIRE -- IPotential, LLC, the premier provider of complete intellectual property strategy and patent monetization services, today announced record patent sales for the quarter ending June 30 that produced $50,225,000 for sellers of high tech intellectual property. This result includes a number of notable transactions, including two transactions which generated at least $10,000,000 each and 10 transactions raising at least $1,000,000 each.

415,000 Age of Conan Users Drive Funcom's $13 Million Q2

415,000 Age of Conan Users Drive Funcom's $13 Million Q2 [08.15.08] Netherlands-based Funcom's Age of Conan has sold, both digitally and at retail, over 800,000 copies, the company says, and now has 415,000 customers, propelling the company to second quarter revenues of $13 million.

1,000 apps today, 10,000,000 iPhones tomorrow

This post is brought to you by the number 1,001. That's the news that Philip Elmer-DeWitt at Apple 2.0 brings today, that number being how many applications are available at Apple's App Store as of Monday night. As DeWitt notes, that is "roughly double" the number from just over two weeks ago when the App Store opened. To put this in further perspective, Apple announced over 10 million downloads from the App Store in the first weekend. Ten days later, during the conference call for the company's fiscal third quarter, that number had grown to 25 million. That's another big number, but it will be small next to the press release that is coming.

Nearly 50,000 IT Jobs Lost In Past Year

snydeq writes "Employment statistics from the US Department of Labor show what most IT people have already realized: IT jobs are getting harder to come by. According to the Bureau of Labor Statistics, 13,000 jobs in the information industry were cut in July, bringing the total to 44,000 year over year. An additional 5,000 jobs were lost in telecom this past month. The statistics reinforce a recent survey of top CIOs who indicated that they will be reducing their IT staff over the coming year. According to a staffing research firm, some jobs have gone to outsourcers, while other jobs are simply going away, either due to cost-oriented automation efforts or due to increasing the remaining staff's workload."

New TELUS, Rotman IT security study shows cyber-loss is costing Canadian companies $637,000 annually on average

TORONTO, July 28 /CNW/ - A new study from TELUS in partnership with Rotman School of Management released today shows that IT security breaches are costing publicly traded Canadian companies an average loss of more than $637,000 annually. In government, the cost is $320,000 per organization, while the cost to private companies is $294,000 a year to cyber crime.

Sony US Confirms VPL-HW10 and VPL-VW70 Projectors ($3,500 or $8,000, Your Choice)

Sony may have teased us with its newest projectors at IFA, but today in the US, the company announced availability and pricing. We guessed $3,000 for the VPL-HW10, but we were close but not totally right. The solid 1080p Bravia SXRD (LCOS-based) projector with 30,000:1 dynamic contrast is a "value" play, but it's still expensive at $3,500. The step-up VPL-VW70 doubles the contrast, and lets you fit an external lens that morphs the picture into a 2.35:1 widescreen ratio without losing pixels. (That extra lens is sold separately.) The VW70 is $8,000. There aren't much more details about either yet, but what we do have is below.

SpongeTech(R) Delivery Systems, Inc. Receives Second Re-order in Excess of $4,250,000 Patented Sponge Products from Dubai!!

NEW YORK, Aug. 4 /PRNewswire-FirstCall/ -- SpongeTech(R) Delivery Systems, Inc. is pleased to announce that the Dubai Export Import Company, in Dubai, has a second re-order and it is for 210,000 units of our patented Auto Care products and a NEW order of 10,000 test units of SpongeTech(R)'s new kitchen and bath sponges, which is the company's newest product line in the household cleaning product division. This translates to an order in excess of $4,250,000 from this company. This order will be paid in full prior to shipping. We expect to ship this order in its entirety by December 15, 2008.

SpongeTech(R) Delivery Systems, Inc. Receives Second Re-order in Excess of $4,250,000 Patented Sponge Products from Dubai!!

NEW YORK, Aug. 4 /PRNewswire-FirstCall/ -- SpongeTech(R) Delivery Systems, Inc. (OTC Bulletin Board: SPNG) is pleased to announce that the Dubai Export Import Company, in Dubai, has a second re-order and it is for 210,000 units of our patented Auto Care products and a NEW order of 10,000 test units of SpongeTech(R)'s new kitchen and bath sponges, which is the company's newest product line in the household cleaning product division. This translates to an order in excess of $4,250,000 from this company. This order will be paid in full prior to shipping. We expect to ship this order in its entirety by December 15, 2008.

Local.com Reaches 5,000 Direct Advertisers, Announces Target of 50,000 Advertisers

IRVINE, Calif., BUSINESS WIRE -- Local.com Corporation (NASDAQ:LOCM), a leading local search site and network, today announced that the company reached a milestone of 5,000 direct advertisers.

Inflazyme Pharmaceuticals announces escrow closing of private placement

Inflazyme Pharmaceuticals Ltd. closes in escrow a $300,000 non-brokered unit private placement (the "Offering") for 15,000,000 (3,750,000 post-consolidation) Units (the "Units"). Each Unit consists of one common share and one warrant to purchase a common share (a "Warrant"). The Units were priced at $0.02 ($0.08 post consolidation) per Unit. Each Warrant entitles the holder to acquire one common share at a price of $0.025 ($0.10 post-consolidation) for a period of 12 months. The warrants will not be eligible for listing.

Hackers Hell: Privacy That Can't Be Compromised

The World's First Unbreakable Data Encryption Sets a $1,000,000 Challenge LONDON (CNW) - Permanent Privacy (visit http://www.permanentprivacy.com) announces the world's first practical data encryption system that is absolutely unbreakable. And is offering a $1,000,000 challenge to anyone who can crack it.

Capital gains on a duplex

I bought a duplex in 1992 for $125,000. I have lived in it until this year and have been taking depreciation on it each year. I owe $70,000 on the first mortgage and recently borrowed $130,000 from the equity to buy a new single home. The duplex is worth around $250,000.

Inflazyme Pharmaceuticals Announces Escrow Closing of Private Placement

Inflazyme Pharmaceuticals Ltd. (NEX: IZP.H) announced today that it has closed in escrow a $300,000 non-brokered unit private placement (the "Offering") for 15,000,000 (3,750,000 post-consolidation) Units (the "Units"). Each Unit consists of one common share and one warrant to purchase a common share (a "Warrant"). The Units were priced at $0.02 ($0.08 post consolidation) per Unit. Each Warrant entitles the holder to acquire one common share at a price of $0.025 ($0.10 post-consolidation) for a period of 12 months. The warrants will not be eligible for listing.

Inflazyme Pharmaceuticals Announces Escrow Closing of Private Placement

Inflazyme Pharmaceuticals Ltd. (NEX: IZP.H) announced today that it has closed in escrow a $300,000 non-brokered unit private placement (the "Offering") for 15,000,000 (3,750,000 post-consolidation) Units (the "Units"). Each Unit consists of one common share and one warrant to purchase a common share (a "Warrant"). The Units were priced at $0.02 ($0.08 post consolidation) per Unit. Each Warrant entitles the holder to acquire one common share at a price of $0.025 ($0.10 post-consolidation) for a period of 12 months. The warrants will not be eligible for listing.

Inflazyme Pharmaceuticals Announces Escrow Closing of Private Placement

VANCOUVER (Marketwire) - Inflazyme Pharmaceuticals Ltd. (NEX:IZP.H) announced today that it has closed in escrow a $300,000 non-brokered unit private placement (the "Offering") for 15,000,000 (3,750,000 post-consolidation) Units (the "Units"). Each Unit consists of one common share and one warrant to purchase a common share (a "Warrant"). The Units were priced at $0.02 ($0.08 post consolidation) per Unit. Each Warrant entitles the holder to acquire one common share at a price of $0.025 ($0.10 post-consolidation) for a period of 12 months. The warrants will not be eligible for listing.

Fifteen human genomes each week: The Wellcome Trust Sanger Institute Hits 1 Terabase

The Wellcome Trust Sanger Institute has sequenced the equivalent of 300 human genomes in just over six months. The Institute has just reached the staggering total of 1,000,000,000,000 letters of genetic code that will be read by researchers worldwide, helping them to understand the role of genes in health and disease. Scientists will be able to answer questions unthinkable even a few years ago and human medical genetics will be transformed.

15 human genomes each week

The Wellcome Trust Sanger Institute has sequenced the equivalent of 300 human genomes in just over six months. The Institute has just reached the staggering total of 1,000,000,000,000 letters of genetic code that will be read by researchers worldwide, helping them to understand the role of genes in health and disease. Scientists will be able to answer questions unthinkable even a few years ago and human medical genetics will be transformed.

15 human genomes each week

The Wellcome Trust Sanger Institute has sequenced the equivalent of 300 human genomes in just over six months. The Institute has just reached the staggering total of 1,000,000,000,000 letters of genetic code that will be read by researchers worldwide, helping them to understand the role of genes in health and disease. Scientists will be able to answer questions unthinkable even a few years ago and human medical genetics will be transformed.

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