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TELUS Reports First Quarter Profit of $291 Million Vancouver, BC, May 9, 2008--TELUS Corporation today reported financial results for the first quarter of 2008, including revenue of $2.35 billion and net income of $291 million. MDA: Information Systems Business Sale Update Vancouver, BC, May 9, 2008--MacDonald Dettwiler announced today that the Canadian Government has turned down the sale of Information Systems and the Geospatial Services branch to Alliant Techsystems Inc. Burntsand Announces First Quarter Loss Vancouver, BC, May 9, 2008--Burntsand today reported revenue of $5.0 million and a net loss of $187,000 for its first quarter ended March 31, 2008. CSA Announces Four Year Contract With MDA Vancouver, BC, May 9, 2008--MacDonald Dettwiler announced today that the Canadian Space Agency announced a four year contract with MDA. Tranzeo and Vecima Partner on WiMAX Eco-System Solution Vancouver, BC, May 9, 2008--Tranzeo Wireless Technologies and Vecima Networks Inc. have completed a collaboration on an end-to-end 3.5GHz WiMAX system. Ballard Power Systems and ACME Group Sign Multi-Year Fuel Cell Supply Agreement Vancouver, BC, May 9, 2008--Ballard Power Systems today announced that it has signed a multi-year supply agreement with an affiliate of the ACME Group to provide fuel cells for backup power in the wireless telecom market. Day4 Energy Reports First Quarter Loss Vancouver, BC, May 9, 2008--Day4 Energy today reported revenues of $13.5 million and a net loss of $0.7 million for its 2008 first quarter financial results. Gemcom Software Announces Agreement to Be Acquired by JMI Equity and the Carlyle Group Vancouver, BC, May 8, 2008--Gemcom Software International today announced that it has signed a definitive agreement to be acquired by JMI Equity and The Carlyle Group, in an all cash transaction valued at approximately $180 million. Vancouver Sun Reports: Credit Union Central Predicting Record BC Employment in '08 and '09 Vancouver, BC, May 8, 2008--The Vancouver Sun reported today that the Credit Union Central of BC is projecting the unemployment rate in BC to fall to 4 per cent in 2008 and 2009, BC's lowest unemployment rates in 43 years. Tranzeo Wireless Announces Profit in First Quarter of 2008 Vancouver, BC, May 8, 2008--Tranzeo Wireless Technologies reported revenue of $5.8 million and net income of $0.349 million for the first quarter ended March 31, 2008. Norsat Announces 2008 First Quarter Financial Results Vancouver, BC, May 8, 2008--Norsat International announced revenue of $2.9 million and net income of $0.01 million for the three-month period ended March 31, 2008. CDC Software's Pivotal CRM Receives Industry Recognition for 12th Consecutive Year Vancouver, BC, May 8, 2008--CDC Software today announced that its Pivotal 6.0 CRM software suite has been named by ISM Inc. as one of the “Top 15” CRM software packages in the enterprise category for 2008. Las Vegas Introduces Its New Asian Games Network Vancouver, BC, May 8, 2008--Las Vegas From Home.com Entertainment Inc. announced that it is marketing its Asian Games Network, www.asiangamesnetwork.com. Maximizer Software Receives Top Honors From Leading Analyst Firm Vancouver, BC, May 8, 2008--Maximizer Software today announced that Maximizer CRM 10 was selected by ISM Inc., CRM and Contact Center strategic advisors, as a Top 15 CRM Small & Medium Business Software Award winner for 2008. IWG Announces Second Quarter Loss-Fiscal 2008 Vancouver, BC, May 8, 2008--International Water-Guard Industries today announced revenue of $856,064 and a net loss of $102,760 for the quarter ended March 31, 2008. Layer 7 Technologues Names "Cool Vendor" by Industry Analyst Firm Vancouver, BC, May 8, 2008--Layer 7 Technologies today announced it has been selected as a “Cool Vendor” in Gartner’s Cool Vendors in SOA Governance, 2008 report. Cisco Launches Industry-First Distributor Rewards Program with RewardStream Vancouver, BC, May 8, 2008--RewardStream announced that Cisco Systems has launched its Distributor Rewards Program on RewardStream’s Lifecycle Marketing Platform. Biolux Research Announces Health Canada Regulatory Approval for OsseoPulse™ Vancouver, BC, May 8, 2008--Biolux Research announced today that it has received approval from Health Canada to market the OsseoPulse™ Bone Regeneration System in Canada. SFU: New Facility to Fuel Research in Medicinal Chemistry Vancouver, BC, May 8, 2008--Simon Fraser University announced a new research facility that promises to significantly expand the university's medicinal chemistry capacity - and its role in health and life sciences. The Vancouver Sun Reports: Alliant Awaits Approval from Canada on Acquisition of MDA Space Business Vancouver, BC, May 8, 2008--The Vancouver Sun reported today that American-based Alliant Techsystems is hoping for a change the Canadian government's mind about the acquisition of Macdonald Dettwiler's space business. BCTIA: Technology Industry Announces Award Finalists Vancouver, BC, May 7, 2008--Today the British Columbia Technology Industry Association (BCTIA) announced the finalists for its annual Technology Impact Awards. OSI Geospatial Signs US$10 Million Contract With the U.S. Army Vancouver, BC, May 7, 2008--OSI Geospatial announced today that its U.S. Systems Operations has signed a five year, US$10 million contract with the U.S. Army to provide its land based command and control products and engineering services. Colligo Networks Issued U.S. Patent on Peer-to-Peer Database Synchronization Vancouver, BC, May 7, 2008--Colligo Networks today announced that the U.S. Patent and Trademark Office has approved the issuance of patent No. 7,366,743, filed on March 6, 2002, for the Company’s peer-to-peer database synchronization technology. Curb Records Signs Exclusive Contract with Play MPE™ Vancouver, BC, May 7, 2008--Destiny Media Technologies announced the signing of an exclusive agreement with Curb Records to use the Play MPE system to deliver music to trusted recipients. The Province Reports: Electronic Arts Adds Two New Sports Titles Vancouver, BC, May 7, 2008--The Province reported today that Electronic Arts unveiled two new offerings in its sports line-up: the All Play series, designed for Nintendo Wii users, and Freestyle, for casual users. Tekmira Pharmaceuticals Appoints Dr. Arthur M. Bruskin to Board of Directors Vancouver, BC, May 7, 2008--Tekmira Pharmaceuticals announced today the appointment of Dr. Arthur M. Bruskin to its Board of Directors. Glentel Inc. Reports 1st Quarter Profit Vancouver, BC, May 7, 2008--Glentel today reported revenue of $50.7 million and net income of $257,000 for the 1st quarter ended March 31, 2008. Ondine Announces Successful Outcome from Periowave Multi-Center Gum Disease Trial Vancouver, BC, May 7, 2008--Ondine Biopharma today announced outcomes of its Canadian Multi-Center Gum Disease Trial using the Periowave photodisinfection system for treatment of chronic adult periodontitis. Nventa Appoints John Varian to Board of Directors Vancouver, BC, May 7, 2008--Nventa Biopharmaceuticals announced today the appointment of John Varian to the company's board of directors. PhotoChannel Signs Agreement with Hallmark Cards PLC Vancouver, BC, May 6, 2008--PhotoChannel Networks announced that it has signed a three year agreement with Hallmark Cards to provide and operate an online greeting card site for Hallmark and their customers. Sierra Systems Announces Health Care Consulting Services Vancouver, BC, May 6, 2008--Sierra Systems announced four, specialized service offerings within its Health Care Practice: Electronic health records, clinical information systems, registries and public surveillance. Absolute Announces Contract with Dysart Unified School District for Computrace®Complete Vancouver, BC, May 6, 2008--Absolute® Software today announced that Dysart Unified School District in Arizona is using Computrace®Complete to manage its notebook computer population, deter theft and recover missing computers. Sierra Wireless Adds IPsec VPN to AirLink Product Line Vancouver, BC, May 6, 2008--Sierra Wireless today announced the addition of IPsec virtual private network security enhancements to ALEOS, the robust embedded intelligence available exclusively in the Sierra Wireless line of AirLink intelligent wireless gateways.
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