Australian Market Report of November 3, 2010: Medic Vision (ASX:MVH) To Launch mOne Mobile Advertising Platform
TZ Limited (ASX:TZL) advised that its wholly owned subsidiary, Telezygology, Inc., has entered into formal negotiations with Gaming Support BV that will support the commercialization of TZ Limited's technology into the gaming industry. Under the proposed agreement, Gaming Support will invest in the development of a multi-application demonstration display to deliver strong and compelling propositions for casino operators. The display will be showcased at the International Casino Expo in London in January 2011.
Dragon Mountain Gold Limited (ASX:DMG) has completed four holes in an area 240 to 400m west of its Jinshan 30 Drilling Program, part of the Lixian Gold Project in Gansu Province, China. Assay results from the first hole have returned 15.6m at 0.68 g/t Au while results from the other three holes are pending. This exploration drill hole has confirmed gold mineralisation and the significant upside potential of the Jinshan orebody.
Hansen Technologies Limited (ASX:HSN) has acquired US-based NirvanaSoft Inc., a provider of proprietary software for complex billing solutions to Electricity and Gas utilities in North America. The acquisition of NirvanaSoft represents approximately a 50% increase in North American-sourced revenue for Hansen through a doubling of Hansen's existing North America energy billing customer base. This transaction emphasizes Hansen's commitment to an increasing presence in the North American market and also allows North American energy utilities to benefit from Hansen's additional complex billing technology and smart-grid functionality.
Medic Vision Limited
Hansen Technologies Limited
Dragon Mountain Gold Limited