Court Rejects Request to File Amended Complaint and Reaffirms Dismissal of Case With Prejudice

and thereby its 100% Interest in the Tarakuli and Tarakuli North West Prospecting Licenses in Northeast Guyana

New Channel Enables Direct Connection Between Kabira Transaction Solution and IBM Enterprise Service Bus

U.S.-Based Vendor of Internet Video Storage and Delivery Solutions Opens HQ Offices in Tokyo and Seoul, Signs Agreements With Major Japanese and Korean Customers and Partners

and thereby its 100% Interest in the Tarakuli and Tarakuli North West Prospecting Licenses in Northeast Guyana

Consolidated Revenue Increased for the Second Consecutive Quarter; Gross Margins Improved Significantly Sequentially and Year-Over-Year; Guidance -- Approximately 10% Increase in Sequential Quarterly Revenue

All figures in Canadian dollars unless otherwise noted