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American Video Teleconferencing Corp. (Pink Sheets: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.
By: Karl McMahon
 
Nov. 5, 2010 - PRLog -- American Video Teleconferencing Corp. (Pink Sheets: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. The company 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, the company will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.

Presently the company is in the final stage of negotiations with Kondor Gold Pyt. in Australia.

The company will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.

An important component of our military hardware is the fin actuators in precision-guided bombs they are specifically designed around the capabilities of neodymium iron boron rare-earth magnets. The M1A2 Abrams, USA's main battle tank, has a reference and navigation system that relies on samarium cobalt magnets from China. An official report last year on the US national defense stockpile said that shortages of four rare earths, lanthanum, cerium, europium and gadolinium, had already caused delays in producing some of our weapons.

There is a message here, and it says loud and clear, Wake up!

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Towers Watson (NYSE, NASDAQ-TW), a leading global professional services company, announced financial results for the first quarter of fiscal year 2011, which ended September 30, 2010.

Revenues were $751 million for the quarter, an increase from $401 million for the first quarter of fiscal 2010. The increase in revenues is driven by the merger between Towers Perrin and Watson Wyatt that became effective on January 1, 2010. Reported results for the first quarter of fiscal 2010 include only the financial results of Watson Wyatt. On a pro forma basis that includes Towers Perrin actual results in the first quarter of fiscal 2010, revenues declined 5% (-3% constant currency).

Towers Watson & Co. operates as a global professional services company that helps organizations to improve performance through people, risk, and financial management.

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DRI Corporation , a digital communications technology leader in the global surface transportation and transit security markets, announced that its executive management recently made personnel changes at the operational leadership level for its North Carolina Operations, which include its Digital Recorders, Inc. and TwinVision na, Inc. subsidiaries, located in the Research Triangle Park area near Durham, N.C.

DRI Corporation, through its subsidiaries, designs, manufactures, sells, and services information and surveillance technology products. Its products include DR600, a vehicle logic unit for buses that provides vehicle monitoring, location, and schedule adherence communication systems and programs; GPS for tracking of vehicles; Talking Bus next stop automatic voice announcement system and next stop internal signage.

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Oncothyreon Inc.  announced enrollment of the first patient in a Phase 1/2 trial of PX-866 in combination with the chemotherapeutic agent docetaxel. PX-866 is a small molecule compound designed to inhibit the activity of phosphatidylinositol-3-kinase (PI-3K), a component of an important cell survival signaling pathway.

Oncothyreon Inc., a clinical-stage biopharmaceutical company, focuses primarily on the development of therapeutic products for the treatment of cancer.

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