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American Video Teleconferencing Corp. (OTCPK:AVOT)
American Video Teleconferencing Corp. believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. American Video Teleconferencing Corp is normally known for its business and efforts of exploration in Rare Earth Elements. According to the Company, it aggressively continues to search world-wide for opportunities in Precious, Base and Rare Earths metal projects in its future strategies.
Rare earths consist of a group of elements and minerals. These would be comprised of oxides of a series of 15 metallic elements, Cerium, Dysprosium, Erbium, Europium, Gadolinium, Holmium, Lanthanum, Lutetium, Neodymium, Praseodymium, Samarium, Terbium, Thulium, Ytterbium, and Yittrium. These elements are not rare in the Earth's crust, but occurrences of economic concentrations are rare. Some of the major uses for rare earths are metallurgy, petrochemical, auto catalysts, glass, ceramics, agriculture and magnet manufacture.
American Video Teleconferencing Corp. recently announced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company's exploration programs on its newly acquired rare earth property in Quebec. Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp. (DeBeers) in Africa and Benguet Cons. in the Philippines.
Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.
DRI Corporation (Nasdaq:TBUS) a digital communications technology leader in the global surface transportation and transit security markets, announced that it posted net sales of $19.1 million and a net loss of $680 thousand, or 6 cents per basic and diluted common share outstanding, for the period ended March 31, 2011. These results compare to net sales of $22.1 million and a net loss of $995 thousand, or 8 cents per basic and diluted common share outstanding, for first quarter 2010. Basic and diluted weighted-average shares outstanding were 11.9 million for the reporting period, as compared to 11.8 million a year ago.
DRI Corporation, through its subsidiaries, designs, manufactures, sells, and services information and surveillance technology products. The company was formerly known as Digital Recorders, Inc. and changed its name to DRI Corporation in June 2007. DRI Corporation was founded in 1983 and is based in Dallas, Texas.
DTS Inc. (Nasdaq:DTSI) announced that the T-Mobile G2x™ with Google™ by LG, specifically designed for gamers and music lovers, is the first smartphone to integrate DTS Ultra Mobile™, a technology that brings unmatched sound to consumers. The DTS Ultra Mobile solution includes two innovative audio technologies-DTS Envelo™ and DTS Boost™-that together offer consumers a richer, warmer and more engaging experience when listening to music or playing games on the T-Mobile G2x smartphone. Made for speed and mobile entertainment, the G2x is a powerful 4G smartphone, which allows consumers to access and enjoy music, video games, TV programs and more.
DTS, Inc. provides technologies that are incorporated into an array of entertainment products worldwide. Its principal DTS digital multi-channel audio technology enables the delivery and playback of compelling surround sound.
Dyax Corp. (Nasdaq:DYAX) a developer of novel biotherapeutics for unmet medical needs, announced that Gustav A. Christensen, President and Chief Executive Officer of Dyax, will present at the 2011 UBS Global Specialty Pharmaceuticals Conference, being held May 24-25 2011 at the UBS offices in London. Mr. Christensen will provide a corporate update regarding the Company's three major business franchises and value drivers - KALBITORÂ® (ecallantide), the Licensing and Funded Research Program (LFRP) and the internal pipeline, including label expansion efforts with KALBITOR. The Dyax presentation is scheduled for Tuesday, May 24 at 3:30 PM BST (10:30 AM ET).
Dyax Corp., a biopharmaceutical company, engages in the discovery, development, and commercialization of biotherapeutics for unmet medical needs with an emphasis on inflammatory and oncology indications.
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