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ZZ, AVOT, SHIP, SHLD - Mining, Board Members, Acquisitions and New Auto Center In The News Today

|Includes: SHIP, SHLD, Tempur Sealy International Inc. (TPX)






American Video Teleconferencing Corp. (OTCPK:AVOT)

American Video Teleconferencing Corp. (PINK:AVOT) is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file.

American Video Teleconferencing believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, American Video Teleconferencing will seek a contractor to do an air borne Mag-EM radiometric survey.

American Video is pleased to announce that American Video has signed an option agreement to acquire two claim blocks in townships of Mekinac and Lajuene, Province of Quebec. These claim blocks are approximately 3600 acres in total and are located 120 miles east of Montreal P.Q. and 50 miles north of Three Rivers P.Q. They are accessible year round with infrastructure in the immediate vicinity.

The claims adjoin a property that had one of the highest readings of Rare Earths in North America. Sampling in the 1950s gave readings of 48% combined Cerium, Lanthanum, Neoymium and Yttrium. That property has remained dormant for over 50 years but the new owners plan an extensive exploration program this fall.

American Video Teleconferencing, after a lengthy search and after careful due diligence, believes this is going to be one of the most active areas for Rare Earths exploration and American Video Teleconferencing' holdings are in the same geological setting as the 48% Rare Earths showing.

American Video Teleconferencing will aggressively continue to search world wide for opportunities in Precious, Base and Rare Earths metal projects.


Sealy Corporation (NYSE:ZZ), the largest bedding manufacturer in the world, previously released that Ms. Deborah G. Ellinger and Mr. John B. Replogle have been appointed as independent directors to the Company's Board. In addition, the Company appointed Larry Rogers, President and Chief Executive Officer of Sealy Corporation to the Board of Directors. Also, the Company announced that Matthew W. King has agreed to step down as a member of the Board of Directors.

Sealy is the largest bedding manufacturer in the world. Sealy manufactures and markets a broad range of mattresses and foundations under the Sealy(NYSE:R), Sealy Posturepedic(R), Sealy Embody(NYSE:TM), Stearns & Foster(R), and Bassett(R) brands.


Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) reported that the Company has completed the previously announced acquisition of the remaining 50% ownership interest in Bulk Energy Transport (Holdings) Limited ("BET"). Seanergy Maritime Holdings had acquired a 50% controlling interest in BET in August 2009.

As a result of this acquisition, Seanergy Maritime Holdings now owns 100% of BET, and has increased the size of its wholly owned fleet from fifteen to 20 vessels.

Seanergy Maritime Holdings Corp., the successor to Seanergy Maritime Corp., is a Marshall Islands corporation with its executive offices in Athens, Greece.


A wholly owned subsidiary of Sears Holdings Corporation (Nasdaq:SHLD), Sears Authorized Independent Auto Centers LLC recently released the grand opening of a new Sears Auto Center franchise in Troy, Mich., located at the Troy Auto Mall on 2100 W. Maple. Sears launched the auto franchise program in October 2009, offering former automobile dealers the opportunity to operate licensed Sears Auto Centers backed by the buying power, distribution network and corporate support of one of America's most trusted brands.

Sears, Roebuck and Co., a wholly owned subsidiary of Sears Holdings Corporation, is a leading broadline retailer providing merchandise and related services.


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