STRATHMORE MINERALS CORP. ("Strathmore") (TSX VENTURE: STM) is pleased to announce it has entered into a letter of intent with Yellowcake Mining Inc. ("Yellowcake") to finance the development of Strathmore's Sky project located in the Gas Hills Uranium District in Fremont County, Wyoming. Sky is Strathmore's first project in Wyoming to begin data collection activities for permitting purposes. The intent is to develop the Sky project as a satellite ISR operation. The property comprises 50 unpatented mining claims totaling 418 hectares (1,033 acres).

Yellowcake will provide up to US$7,500,000 in development expenditures over four years to earn a 60% interest in the project.

Mr. Dev Randhawa, Chairman and CEO of Strathmore, commented, "We are pleased to work with Yellowcake on this project as it will enable us to more quickly advance a number of our urani...

MTI Global Inc. (TSX: MTI) announced today several program and commercial updates to the 787 Dreamliner contract with Spirit AeroSystems, Inc. of Wichita, Kansas. MTI-PolyFab has been awarded supplemental contracts to supply additional material and systems to the existing 787 thermal and acoustic interior insulation system work package previously awarded in 2006.

The new work includes supplying an additional layer for the insulation system for the all-new Boeing 787 Dreamliner aircraft.

MTI has also been awarded additional thermal blankets to be used in the primary acoustic system not initially included in the original bid package.

"The incremental work packages demonstrate Spirit AeroSystems confidence in MTI-PolyFab," said Bill Neill, President and Chief Executive Officer. "We are delighted to be part of such an existing program and we look forward to fu...

Romios Gold Resources Inc. ("Romios" or "the Corporation") (TSX VENTURE: RG) (OTCBB: RMIOF) (FRANKFURT: D4R) is pleased to announce it has appointed William Babcock as a consultant/advisor to the President. Mr. Babcock will work closely with the CEO assisting with the development and implementation of the Corporation's marketing, media and communications plans.

The Corporation has signed a twelve month consulting agreement with the Consultant to provide the Corporation with Investor Relations Services in consideration for the Corporation paying the Consultant the sum of $800 per month and granting the Consultant...

Building markets for new ways to pay is the focus of the CardTech Conference and Exhibition, May 15 - 17, 2007 at Moscone Center in San Francisco, Calif. The 17th Annual CardTech/SecurTech (CTST) event is North America's largest card technology conference and exhibition covering secure payment transactions and IT and physical access security.

More than 70 expert speakers examine advances and opportunities within the payments industry for contactless smart cards, Near Field Communications (NFC), mobile payment and other secure and convenient transaction technologies. A hot track this year is "Merchant-Driven Alternative Payment Systems," with speakers from Amazon.com, Discover, Visa and more. With retailers long rebelling against transaction costs, alternatives to incumbent payment systems are becoming available for the first time in 50 years. In this track moderated by David Evans, founder, Market Platform Dynamics, presenters will examine key aspects of this new payment industr...

PEER 1 Network Enterprises, Inc. (TSX VENTURE: PIX), a leading provider of Internet infrastructure solutions and related managed services, today released the company's financial results for the fiscal year ended June 30, 2006, recording more than three times the revenue of fiscal 2005. All figures are in US dollars.

"Fiscal year 2006 marked a year of significant change for PEER 1," said Fabio M. Banducci, PEER 1's recently appointed President. "The acquisition of the dedicated server assets from Interland Inc. dramatically changed PEER 1's operating and industry profile. We have made measured progress in integrating these assets into our operations and in strengthening our foundation to accommodate future growth and continued margin improvement."

Financial highlights from the year include the following:

- PEER 1's revenue increased 212.4% to $60.7 ...

Wahpeton, North Dakota-based Red River Valley and Western Railroad (RRVW) has received a Short-Line Achievement Award from BNSF Railway Company. The award was presented to RRVW representatives Bill Drusch, chief executive officer, and Sharon Trudell, vice president of marketing, by Pete Rickershauser, BNSF's vice president, Network Development, at BNSF's eleventh annual Short-Line Conference October 16 at Fort Worth.

"RRVW has invested in track, equipment and service; and has grown its business consistently over its 19-year history," said Rickershauser. Rickershauser noted that RRVW has played a leadership role in developing strategically located grain shuttle facilities that have increased traffic volumes and the portion of agricultural products moving by rail.

"All of us at Red River Valley & Western Railroad are extremely proud and honored to have been selected by our partner, BNSF for this prestigious award," said Trudell. "Our success is based on three things: our ded...

Norsat International Inc. (TSX: NII) (OTCBB: NSATF) announced that the Company's former president and chief executive officer, Bill Coyne, has filed a lawsuit in B.C. Supreme Court alleging that he was wrongfully dismissed. Mr. Coyne is suing the Company for US $290,115 in unpaid termination fees and bonuses.

The allegations have not been proven and the matter is pending before the B.C. Supreme Court.

Forward-Looking Statements

Statements in this news release relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Factors that could cause or contribute ...

YAMANA GOLD INC. (TSX: YRI)(AMEX: AUY)(AIM: YAU) is pleased to provide an update on the start-up of its Chapada copper-gold mine and a production update for its Sao Francisco and Jacobina mines, its two other principal gold mines in Brazil. Yamana operates six mines in Latin America, five of which are in Brazil including the Chapada, Sao Francisco and Jacobina mines. The Chapada mine is Yamana's largest mine. The period ended September 30, 2006 is the first quarter of commercial production at the Sao Francisco mine and the first full quarter in which Yamana has owned the Jacobina mine. Yamana is also in the process of assuming ...

MTI Global Inc. (TSX: MTI) announced today that it has been added to the Qualified Processors List (QPL) for the fabrication and rework of thermal acoustic blankets for all Boeing aircraft programs.

The Boeing Commercial Airplanes (BCA) mandates that all programs must have qualified vendors who must demonstrate specific capability to manufacture thermal acoustic insulation blankets to the Boeing Process Specification BAC 5355 for Methods 1 through 4. MTI Global has successfully met all the requirements and has passed a thorough audit of both its manufacturing and engineering systems.

The approval is required for MTI PolyFab to begin work with Spirit Aerosystems Inc. of Wichita, Kansas. The work is for thermal acoustic insulation for the nose and forward fuselage sections of the all-new Boeing 787 Dreamliner aircraft.

"This is a significant milestone for MT...

Wireless Matrix Corporation (TSX: WRX) today announced that CSX Corporation (NYSE: CSX), one of the nation's leading rail companies, has signed an agreement to purchase up to 2,600 Mobile Base Station 2 (MBS2-LPR) units for use in CSX's locomotive fleet. An initial purchase order for 600 units accompanies the agreement. The units are to be delivered over the term of the agreement commencing with the initial order in the fourth quarter of the calendar year.

The Wireless Matrix solution will support CSX's strategic business applications, including the CSX ATS asset tracking system. The Mobile Base Station includes WAAS GPS, satellite and cellular packet data services to drive efficiencies in locomotive utilization and fuel optimization. Wireless M...