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World IT News

• Vault America, Inc. -- Company Funding DelayedCALGARY, AB--(Marketwire - August 14, 2008) - VAULT AMERICA, INC. ( OTCBB : VAMA ) -- HalSchultz, President of Vault America, Inc. ("Vault"), reports that theCompany has not yet realized any funds from the earlier announced privateplacement. Citing market conditions as being the primary reason for thedelay, Schultz states that the Company is continuing in its efforts toobtain additional or alternative sources of capital. The Company also reports the resignation of Richard Landerman from theCompany's board of directors. Mr. Landerman is planning to devote all ofhis time to another business venture and felt he would not be as readilyavailable as necessary as he would have liked in order to be properlyinvolved with the Company's business. "We would like to thank Mr.Landerman for his efforts on our behalf over the years and wish him wellwith his other endeavors," said Schultz. "His departure creates a casual
• Media6° Closes $9 Million Series A Round of Funding With U.S. Venture PartnersNew Technology Applies Social Network Theory to Lift Ad Response Across the Web
• Labwire Announces Financial Results for First Quarter of 2008HOUSTON, TX--(Marketwire - August 14, 2008) - Labwire, Inc. ( PINKSHEETS : LBWR ), a leadingprovider of employee screening solutions and canine security andsurveillance services, announced that Moore and Associates has completedits review of the financial records and results for the quarter endingMarch 31, 2008 and is pleased to report the following results: 1) Total Revenue of $879,997 vs. $1,167,976 in 2007. Management hadpreviously projected this decline due to the acquisition of its largestclient by a non-client London based company. Labwire has negotiated thereturn of this business (see Labwire release May 15, 2008 "Labwire SignsAlliance") and has already begun the transition of this business back toLabwire (see Labwire release June 30, 2008 "Labwire Completes FirstConversion") and expects the returning business to actually growsignificantly as it returns.
• Net 1 UEPS Technologies Inc. to Host Conference Call to Review Fourth Quarter and Annual ResultsJOHANNESBURG, SOUTH AFRICA--(Marketwire - Aug. 14, 2008) - Net 1 UEPS Technologies Inc. (NASDAQ:UEPS) ("Net1" or the "Company") today announced it will host a conference call to review its fourth quarter and annual results on August 29, 2008, at 8:00 a.m. Eastern Daylight Time. The results will be released on August 28, 2008, after the market closes. To participate in the call, dial 1-800-860-2442 (U.S. only), 1-866-519-5086 (Canada only), 0-800-917-7042 (U.K. only) or 0-800-200-648 (South Africa only) five minutes prior to the start of the call. Callers should request "Net1 call" upon dial-in. The call will also be webcast on the Net1 homepage, www.net1ueps.com. Please click on the webcast link at least 10 minutes prior to the call. A webcast of the call will be available for replay on the Net1 website through September 19, 2008.
• MédiSolution annonce ses résultats pour le premier trimestre et déclare un bénéfice net de 1,6 M$ et un BAIIA de 2,6 M$MONTREAL, QUEBEC--(Marketwire - 14 août 2008) - MédiSolution Ltée (TSX:MSH), une société de Brookfield Asset Management et un chef de file des technologies de l'information destinées aux secteurs des soins de santé et des services, a annoncé aujourd'hui ses résultats pour le premier trimestre terminé le 30 juin 2008. Faits saillants du premier trimestre Pour le trimestre terminé le 30 juin 2008, la Société a déclaré un bénéfice net de 1,6 M$ contre un bénéfice net de 0,1 M$ pour la période correspondante terminée le 30 juin 2007.