IDO Security, Inc. (OTC.BB:IDOI), announced that as a result of a successful field trial the Company has received a Letter of Intent for its first multi-site deployment of the new MagShoe 3G™ Series issued by IDO Security's local agent, Birmingham, UK-based Scan-X Security Ltd.
"We are very pleased with the way things are developing for the new 3G series. Our efforts in Europe during the last few months have proven that the multiple pilots and trial runs are an effective means of demonstrating the MagShoe to potential large clients and ultimately receiving orders," stated IDO Security's International Sales & Marketing Manager, Dani Werber.
Scan-X Security is a global provider of threat detection and screening technologies for prisons, transportation, asset protection and corporate applications. Scan-X takes individual products and integrates them to form complete security solutions, providing advanced, high throughput screening systems for people, baggage and freight.
"There has been an endless outcry from the public with regards to the new pat-down and full body scan procedures that have been implemented by TSA at the airports as well as pleas by the head of the TSA asking travelers for their patience and cooperation as we head into one of the busiest travel seasons," said President and CEO of IDO Security, Michael Goldberg. "We continue to reach out to officials across the world with urgency to act on this outcry and provide travelers an increased security presence while also giving them sense of privacy and comfort at a time where security threats are at their highest."
Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented shoe scanning device (NYSE:SSD), MagShoe™. MagShoe™ fills a critical void in today's detectors by extending screening to the lower body and feet. MagShoe™'s "shoes-on" design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. The MagShoe™ is neither as invasive nor harmful to the body as some of the other screening devices currently used in the marketplace. Ideal for security and loss prevention at virtually any facility, MagShoe™ is currently in use at international airports, cruise lines, government agencies and more.
Last Trade: $0.0017 (6.25% Up) with over 35.9 million shares traded today!
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 new cut-off grade and the re-orientation of the model significantly increased the overall size of the resource and the contained ounces of gold in both the inferred and indicated categories.
The revised resource is:
Category Tonnes(i) (g/t)(ii) Contained oz Au
Indicated 33,739,586 1.147 1,244,211
Inferred 38,812,054 1.467 1,830,576
(i)Calculations conducted using 0.30 g/t cut-off
(ii)Gold grades were capped at 40 g/t
The most significant changes from the previous estimate are:
-- Increase in Indicated tonnes by 35.34% to 33,739,586 tonnes
-- Increase in Indicated contained gold by 24.09% to 1,244,211 ounces
-- Increase in Inferred tonnes by 37.96% to 38,812,054 tonnes
-- Increase in Inferred contained gold by 7.48% to 1,830,576 ounces
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.
For More Information On Majestic Gold: www.majesticgold.net
Anadarko Petroleum Corporation, (NYSE:APC) announced recently its third major natural gas discovery this year in the Offshore Area 1 of Mozambique's Rovuma Basin at the Lagosta prospect. The discovery well encountered a total of more than 550 net feet of natural gas pay in multiple high-quality Oligocene and Eocene sands
Anadarko Petroleum Corporation engages in the exploration and production of oil and gas properties primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria. It markets natural gas, crude oil, condensate, and oil and natural gas liquids (NGLs), as well as owns and operates natural-gas gathering, processing, treating, and transportation systems.
Fluor Corporation (NYSE:FLR) announced recently that it has formed a joint venture with Mikisew Energy Services Group. This new partnership, Mikisew/AMECO Group, will provide fleet management and common services for capital construction projects and ongoing operations.
Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, maintenance, and project management services worldwide. Its Oil & Gas segment offers design, engineering, procurement, construction, and project management services to upstream oil and gas production, downstream refining, chemicals, and petrochemicals industries.
The Goldman Sachs Group, Inc. (NYSE:GS) announced recently the establishment of its new permanent home and the creation of the Center for Learning and the Arts at L+M Development Partners’ residential development PS90 in Harlem.
The Goldman Sachs Group, Inc., together with its subsidiaries, provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.
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