Nuance Communications, Inc. (NASDAQ:NUAN) announced that its Dragon Dictation and Dragon Search applications for the iPhone, iPod touch and iPad are now available in Indonesia, supporting the Bahasa Indonesia language. Already downloaded by tens of millions worldwide, Dragon Dictation and Dragon Search allow people to quickly and easily dictate SMS text messages, emails, social media updates, mobile Web searches and more, up to five times faster than typing.
Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. It offers dictation and transcription solutions and services, which automate the input and management of medical information; and speech recognition solutions for radiology, cardiology, pathology, and related specialties that help healthcare providers dictate, edit, and sign reports without manual transcription.
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Majestic Gold Corp. (MJGCF)
Majestic Gold Corp. (MJGCF.PK) engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.
Gold has many uses in the production of glass. The most basic use in glassmaking is that of a pigment. A small amount of gold suspended in the glass when it is annealed produces a rich ruby color. Gold is also used when making specialty glass for climate controlled buildings and cases. A small amount of gold dispersed within the glass or coated onto the glass surface will reflect solar radiation outward, helping the buildings stay cool in the summer, and reflect internal heat inward, helping them stay warm in winter.
Majestic Gold Corp. (MJGCF.PK) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.
The loan will have a one year term and loan principal will be convertible at the option of the lender in whole or in part into common shares (”Shares”) of the Company until twelve months from the date of the loan advance at the price of $0.205 per Share. The loan will bear interest at the rate of 7.5% per annum, payable on maturity, and accrued and unpaid interest will be convertible at the option of the lender in whole or in part into shares of the Company until twelve months from the date of the loan advance at Market Price at the time of conversion.
The lender is at arm’s length from the Company and will not become an insider as a result of any conversion of principal and interest. All shares issued on any conversion of loan principal or interest will be subject to a four month hold period from the date of advance of loan proceeds. The loan is subject to acceptance by the TSX Venture Exchange.
As additional consideration for the loan, the Company has agreed to forward at least $9 million to Majestic Yantai Gold Ltd., a British Virgin Islands company owned 94% by the Company to be used to further advance its Song Jiagou project. The Borrower has also agreed to a 90 day period for reciprocal due diligence reviews and discussions for the possible further involvement of the Lender in the Song Jiagou project.
In the event that no further agreement is reached between the Lender and the Company during the 90 day period, then the loan and a minimum of seven (7) months interest will automatically convert to shares in the Company at a price of $0.205 per share and the interest at Market Price respectively. In addition the Company is pleased to announce that it has arranged a non-brokered private placement of up to 15,000,000 shares to be issued at the price of $0.20 per share for gross proceeds of $3,000,000.
Researches proved that gold is precious for several reasons. First of all it resists corrosion. This made gold the metal all adventurers dreamed of. Treasure chests with gold coins and jewelry were discovered after shipwrecks, and gold was unaltered by the salty water. It is also the reason why in many families gold jewelry is passed from generation to generation. Being resistant to the damaging action of water or air gold can be applied as a protective coating for other less resistant metals.
For more information please visit official website of MJGCF.PK: http://www.majesticgold.net
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Riverbed Technology (NASDAQ:RVBD) introduced new capabilities to its Cascade® application-aware network performance management (NPM) solution, which delivers the needed visibility into virtualized data centers and data centers that use load balancing application delivery controllers (ADCs). This new release, Cascade 9.5, extends end-to-end service performance monitoring and troubleshooting — from the remote LAN, across the wide area network (WAN), and now deeper into the data center. Cascade Profiler is the first NPM solution to provide a wizard-based, streamlined configuration process for service monitoring across ADCs. Virtual Cascade Shark is the first product to offer continuous packet capture and performance analysis in virtual environments. With this new release, the Cascade product line has unmatched capabilities for complex, global networks that include load-balanced and virtualized data centers.
Riverbed Technology, Inc. provides solutions to the fundamental problems associated with information technology (IT) performance across wide area networks (WANs) in the United States and internationally. It primarily offers Steelhead products, which enable its customers to improve the performance of their applications and access to their data across WANs, as well as support the riverbed services platform.
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Brocade Communications Systems, Inc (NASDAQ:BRCD) plans to report its financial results for its first quarter 2012 on Tuesday, February 21, 2012, following the close of market. At 2:30 p.m. PT (5:30 p.m. ET), Brocade will host a webcast conference call primarily devoted to Q&A. To access the webcast, please go to www.brcd.com/events.cfm.
Brocade Communications Systems, Inc. engages in the supply of Internet protocol based Ethernet networking solutions and storage area networking (SAN) solutions.
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