August 5

Lorus Toxicology Program Supports Novel Route of Administration of the Anticancer Drug LOR-2040 in Bladder Cancer

Lorus Therapeutics Inc. (TSX:LOR)(AMEX:LRP) (\"Lorus\"), a biopharmaceutical company specializing in the research and development of pharmaceutical products and technologies for the management of cancer, today announced the successful completion of GLP toxicology studies to explore a novel route of administration for its clinical-stage anticancer drug, LOR-2040.

Two studies were conducted to assess toxicity of LOR-2040 when administered by intravesical (direct) administration into the bladder. In both studies, no evidence of toxicity was seen following single or repeated doses of LOR-2040 given with this method of administration. Toxicity was evaluated based on a wide range of observations including detailed examination of urinary tract tissues.
Read more: Lorus Therapeutics Inc ( LOR )
August 5

Westport Reports First Quarter Fiscal 2009 Financial Results

Revenues grow 62% to new quarterly record

Westport Innovations Inc. (TSX:WPT), a global leader in alternative fuel, low-emissions transportation technologies, today reported financial results for the first quarter of Fiscal Year 2009 ended June 30, 2008, and provided an update on operations.

\"The environmental benefits of our natural gas engines have always been understood, but with the rapid rise in oil prices over the past three years we are now offering significant economic benefits as well,\" said David Demers, Westport\'s Chief Executive Officer.
Read more: Westport Innovations Inc ( WPT )
August 5

Scorpio Begins Shipments Of Concentrates From Its 100% Owned Nuestra Senora Project, Sinaloa State, Mexico.

Scorpio Mining Corporation (TSX:SPM) is very pleased to announce that on Tuesday, July 29th, 2008 it started shipping lead concentrate from its 100% owned Nuestra Senora project, Sinaloa State, Mexico.

Peter J. Hawley, Chairman, CEO reports, \"Last week was very exciting for the Company as it marks a milestone towards receiving this quarter our first ever cash flow from the project. Currently we are only consistently running one of the two ball mills at an average rate for the month of July of 625 tonnes per day as the mill tune-up nears completion. It is interesting to note that on one day in the month the Company ran 1,048 tonnes of material through both ball mills. First cash receipts for both the lead and zinc concentrates are expected approximately mid September 2008.\"
Read more: Scorpio Mining Corporation ( SPM )
August 5

Tower Group, Inc. to Acquire CastlePoint Holdings, Ltd.

Tower Group, Inc. (\"Tower\"; NASDAQ: TWGP) and CastlePoint Holdings, Ltd. (\"CastlePoint\"; NASDAQ: CPHL) have announced today that they have entered into a definitive agreement for the acquisition of CastlePoint by Tower in a transaction valued at approximately $490 million. Under the terms of that agreement, based on yesterday\'s closing stock price for Tower of $23.09, CastlePoint shareholders would receive a combination of Tower common stock and cash equal to $12.68 per CastlePoint share. The transaction is taxable to the shareholders of CastlePoint under U.S. federal income tax laws and whether or not a particular U.S. shareholder will recognize a gain will depend on that shareholder\'s tax basis in its CastlePoint shares. Following the acquisition, Tower will continue to trade on NASDAQ under Tower\'s existing ticker symbol TWGP and CastlePoint will be delisted.
Read more: CastlePoint Holdings Ltd ( CPHL )
Secure Computing Introduces Secure Web Reporter for Complete, Real-Time Viewing of Web Activity, Security, Performance and Compliance

Web Reporter Provides Real-Time Web Monitoring; Improves Reporting Performance and Scalability

SAN JOSE, CA, August 5, 2008—Secure Computing Corporation (Nasdaq: SCUR), a leading enterprise gateway security company, today announced the availability of Secure Web Reporter, a highly scalable reporting solution that provides instantaneous views of important Web activity, focusing on security, compliance monitoring and performance assessment.
Read more: Secure Computing Corporation ( SCUR )